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of <h1>Convention Governs Income Tax, Property Gains, and Wages Between India and Portugal; Includes Future Tax Law Changes.</h1> The Convention applies to taxes on income imposed by a Contracting State or its subdivisions, covering all taxes on total income or income elements, including gains from property sales and wages. Specifically, for the Portuguese Republic, it includes personal income tax, corporate income tax, and local surtax on corporate income tax. For the Republic of India, it covers income tax and any surcharges. The Convention also applies 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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