According to the India–France tax agreement update, the original Double Taxation Avoidance Convention (DTA

The India–France Double Taxation Avoidance Convention (DTAC) was originally signed on 29 September 1992. This agreement was designed to prevent individuals and businesses from being taxed twice on the same income in both countries. The recently signed protocol amends the provisions of the 1992 agreement to align them with modern international taxation standards. Such agreements help facilitate cross-border investment, trade, and financial cooperation by clarifying taxation rules for multinational businesses and investors.