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of <h1>India-Czech Republic Tax Convention Enforced to Avoid Double Taxation and Prevent Fiscal Evasion on Income and Capital Taxes.</h1> The Convention between the Government of India and the Government of the Czech Republic aims to avoid double taxation and prevent fiscal evasion concerning income and capital taxes. It became effective on September 27, 1999, following notification by both countries under Article 30. The Convention applies to residents of either or both Contracting States. The Indian government, under the authority of the Income-tax Act, 1961, and the Wealth-tax Act, 1957, has directed the implementation of all Convention provisions within India to promote economic cooperation between the two nations.
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