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In India: India offers its residents double taxation relief by deduction i.e.
domestic tax is applied on the income after deducting Singapore tax
suffered.
In Singapore: Singapore offers its residents tax credit relief for double
taxation of income. In other words, Indian tax paid in respect of income
from sources within India shall be allowed as a credit against Singapore tax
payable in respect of that income.
EXCHANGE OF INFORMATION
The tax authorities of the contracting countries shall exchange tax
information as and when necessary.
The information exchanged will remain confidential and will only be
disclosed to persons (including a court or administrative body) concerned
with the assessment, collection, e-enforcement or prosecution in respect of
the taxes covered by the DTA.
There will be no disclosure of any trade, business, industrial or professional
secret or trade process.
SOURCE (http://www.guidemesingapore.com/taxation/double-taxtreaties/singapore-india-dta)