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of <h1>India-Thailand Agreement to Avoid Double Taxation Effective from October 2015, Promoting Economic Cooperation Under Income-tax Act, 1961.</h1> An agreement between India and Thailand, effective from October 13, 2015, aims to avoid double taxation and prevent fiscal evasion regarding income taxes. It applies to residents of either or both countries. The agreement's provisions are effective in India for income derived from any fiscal year starting on or after April 1 following the agreement's enforcement year. This notification, under the Income-tax Act, 1961, confirms the agreement's implementation in India, promoting economic cooperation between the two nations.
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