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of <h1>International Tax Reforms Strengthen Cross-Border Compliance and Prevent Evasion Through Enhanced Treaty Mechanisms and Information Sharing</h1> Concise Legal Summary:Clause 159 of the Income Tax Bill, 2025 introduces comprehensive reforms in international taxation, expanding on existing provisions for double taxation relief. The clause empowers the Central Government to enter agreements with foreign jurisdictions and specified associations, focusing on preventing tax evasion, facilitating information exchange, and providing relief mechanisms. Key innovations include broader interpretive rules for treaty terms, stricter non-resident documentation requirements, and explicit anti-abuse provisions. The legislation aims to modernize India's international tax framework, aligning with global best practices and OECD recommendations while maintaining flexibility in cross-border tax cooperation.
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