India and the UAE signed an agreement to amend the Double Taxation Avoidance Treaty

India and the UAE on 16 April 2012 signed an agreement in Abu Dhabi to amend the double taxation avoidance treaty, paving the way for greater sharing of tax related information between the two countries and also agreed to set up a joint committee to look after consular issues.The India-UAE agreement on avoidance of double taxation was updated to bring it at par with the internationally accepted standards.

Now the banking information as well as any information without any domestic tax interest can be shared between the two nations. A Joint Committee will be set up to look into and address the concerns of Indian and Emirati nationals on counsellar issues. These include issues such as birth or death registration, quasi judicial matters like detention or arrest, travel documents like passport and visa and others affecting the people.It is expected that the agreements will protect the interests of the people and promote stronger relations between the two countries.