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<h1>Convention Covers Income and Capital Gains Taxes in India and Ireland, Including Future Tax Law Changes</h1> This Convention applies to taxes on income and capital gains imposed by a Contracting State or its subdivisions, regardless of how they are levied. It includes taxes on total income and elements of income, such as gains from the sale of property. Specifically, it covers income tax and surcharges in India and income tax, corporation tax, and capital gains tax in Ireland. The Convention also extends to any similar taxes imposed after its signing. Contracting States must inform each other of significant changes to their tax laws.