India has 96 tax agreements in force as reported in its response to the Peer Review questionnaire. Fifty-four of those agreements comply with the minimum standard.
India signed the MLI in 2017 and deposited its instrument of ratification on 25 June 2019, listing its non-compliant agreements. The MLI entered into force for India on 1 October 2019. The agreements modified by the MLI come into compliance with the minimum standard once the provisions of the MLI take effect.
India has signed a bilateral compliant instrument with respect to its agreement with Brazil.
India is implementing the minimum standard through the inclusion of the preamble statement and the PPT combined with the LOB.1