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of <h1>Article 31 of India-Romania DTAA Allows Termination After 5 Years with Six-Month Notice via Diplomacy Channels</h1> Article 31 of the Double Tax Avoidance Agreement (DTAA) between Romania and India outlines the termination process. Either country can terminate the agreement after five years from its effective date, with a six-month prior written notice via diplomatic channels. Upon termination, the agreement ceases to apply to Romania for taxes withheld at source and other income taxes starting January 1 of the following year. For India, it ceases for taxes withheld at source and other income taxes starting April 1 of the following financial year. The agreement was signed in New Delhi on March 8, 2013, in Hindi, Romanian, and English, with the English text prevailing in case of interpretation disputes.
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