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of <h1>Double Tax Avoidance Agreement to Activate 60 Days After Final Notifications; Affects Income and Wealth from Next Fiscal Year.</h1> The Double Tax Avoidance Agreement (DTAA) between the Contracting States will enter into force sixty days after the later notification of completion of necessary procedures by both parties. In India, the agreement applies to income from fiscal years beginning on or after April 1 of the year following its entry into force, and to wealth held on the last day of such fiscal years. In Uruguay, it applies to income from fiscal years starting on or after January 1 of the year following its entry into force, and to capital held on the last day of such fiscal years.
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