Tax information exchange and collection assistance between India and Jersey enhances cross-border tax administration and recovery cooperation. The agreement creates a framework for the exchange of tax information and mutual assistance in collection between India and Jersey covering all taxes and substantially similar future taxes. Competent authorities must provide foreseeably relevant information for tax administration, including bank, ownership and beneficiary data, and may facilitate tax examinations abroad. Requests must meet form and relevance requirements; confidentiality, legal privilege, public policy and territorial jurisdiction limit disclosure. Assistance in collection and conservatory measures is available subject to each Party's domestic laws, cost-sharing rules, and procedural safeguards.