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of <h1>International Tax Convention Governs Income and Capital Taxes for Spain and India, Covers Future Tax Changes</h1> This Convention applies to taxes on income and capital imposed by a Contracting State, covering taxes on total income, capital, and elements thereof, including gains from property and wages. Specifically, it applies to Spanish taxes such as income tax on individuals, corporation tax, income tax on non-residents, and capital tax. For India, it covers income tax, surtax, and wealth tax. The Convention also extends to any similar taxes introduced after its signing, with Contracting States required to notify each other of significant changes in their taxation laws.
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