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of <h1>Convention on Income and Capital Taxes Between Serbia, Montenegro, and India: Covers Income, Capital, and Wealth Taxes</h1> This Convention applies to taxes on income and capital imposed by a Contracting State or its subdivisions, regardless of how they are levied. It includes taxes on total income, capital, property gains, wages, and capital appreciation. Specifically, it covers the tax on profit, income, capital, and international transport revenue in Serbia and Montenegro, and income tax and wealth tax in India. The Convention also extends to any similar taxes introduced after its signing. Contracting States must notify each other of significant changes in their taxation laws.
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