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<h1>Austria-India Double Taxation Convention Ratification: New Provisions Effective Soon, Replacing 1963 Agreement. Instruments Exchanged in New Delhi.</h1> The Convention between Austria and India for the avoidance of double taxation will be ratified with instruments exchanged in New Delhi. It becomes effective thirty days post-exchange. In Austria, it applies to taxes for any fiscal year after the calendar year of ratification exchange. In India, it applies to income from fiscal years starting on or after April 1 following the calendar year of ratification exchange. The prior agreement signed on September 24, 1963, will cease to be effective once the new provisions take effect.