India and France sign Amending Protocol to update Double Taxation Avoidance Convention (DTAC)

• Bilateral tax treaty update: India and France signed an Amending Protocol to revise the India-France DTAC of 29 September 1992.
• Aligns the treaty with OECD/G20 BEPS standards (MLI), reallocates capital gains taxing rights, restructures dividend withholding, and deletes the MFN clause that had caused prolonged litigation in India.
• UPSC relevance: intersects GS-II (bilateral relations) and GS-III (Indian economy, taxation, BEPS).