Double taxation elimination: foreign tax credit for Russian residents and deduction for Indian residents, with time limited incentive inclusion.

Reciprocal relief: Russia grants a foreign tax credit to its residents for income taxable in India, capped at Russian tax on that income; India allows a deduction equal to tax paid in Russia, capped at the portion of Indian tax attributable to that income. "Tax" includes taxes forgone under domestic incentive provisions for specified domestic activities, applicable for the first ten years of the Agreement and extendable or otherwise broadened by agreement of the competent authorities.

---

---

---