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<h1>India-Singapore Agreement on Double Taxation Effective After Mutual Notifications; Replaces 1981 Agreement</h1> Each Contracting State must notify the other upon completing the necessary legal procedures for this Agreement to take effect. The Agreement will be effective from the date of the later notification. In India, it applies to income from fiscal years starting on or after April 1, 1994, and in Singapore, from fiscal years starting on or after January 1, 1994. The previous Agreement signed on April 20, 1981, between India and Singapore for avoiding double taxation and preventing fiscal evasion will terminate upon the new Agreement's effect.