Multilateral instruments are one of the elements in the Base Erosion and Profit Shifting (BEPS) project of the Organisation for Economic Cooperation and Development (OECD). It is a standard template which was designed to help in the implementation of measures to avoid abuse of tax treaties. You can read about the Base Erosion and Profit Shifting (BEPS) – Issues, Measures taken by India in the given link.
- Taxation in India – Direct taxes, Indirect Taxes, Features of Taxation System
- Organisation for Economic Co-operation and Development [OECD] – Objectives, Member Countries, Responsibilities