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of <h1>New Tax Agreement Covers Income Taxes in Romania and India, Including Future Similar Taxes and Law Changes Notification</h1> The agreement applies to taxes on income imposed by a Contracting State, its subdivisions, or local authorities, regardless of how they are levied. It includes taxes on total income, income elements, gains from property alienation, and wages or salaries paid by enterprises. Specifically, it covers Romania's income and profit taxes and India's income tax, including surcharges. The agreement also extends to any similar taxes introduced after its signing. Contracting States must notify each other of significant changes in their tax laws.
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