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of <h1>India Ratifies Multilateral Convention to Boost Global Tax Cooperation and Combat Tax Evasion Effective June 2012.</h1> The notification from the Ministry of Finance, Department of Revenue, announces India's ratification of the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, as amended by the 2010 protocol. Signed at the OECD headquarters in Paris on January 26, 2012, the Convention entered into force for India on June 1, 2012. It aims to enhance international cooperation among tax authorities to combat tax avoidance and evasion. The Convention covers various forms of administrative assistance, including information exchange, recovery assistance, and document service, while ensuring taxpayer rights and confidentiality of information. This notification gives effect to the Convention's provisions in India.
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