India Tax Treaties

India has a comprehensive network of over 95 Double Taxation Avoidance Agreements (DTAAs) with countries worldwide. These treaties provide relief from double taxation through exemption or credit methods and typically reduce withholding tax rates on dividends, interest, and royalties. India adopted the Multilateral Instrument (MLI) in 2019 to modify its bilateral treaties in line with BEPS recommendations. Notable treaties include those with Mauritius and Singapore, which have been renegotiated to include source-based taxation of capital gains.