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<h1>India-Czechoslovakia Tax Agreement Covers Income, Profits, and Surtax; Annual Updates on Tax Law Changes Required</h1> The agreement applies to specific taxes in India and Czechoslovakia. For India, it covers the income tax, including surcharges under the Income-tax Act, 1961, and the surtax under the Companies (Profits) Surtax Act, 1964. For Czechoslovakia, it includes taxes on profits, wages, income from literary and artistic activities, agricultural income, population income, and house tax. It also extends to any similar taxes introduced after the agreement's signing. The contracting states must annually inform each other of significant changes in their tax laws and provide copies of relevant enactments and regulations.