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of <h1>Japan-India Double Taxation Convention to Take Effect 30 Days After Ratification Exchange, Replacing 1960 Agreement</h1> The Convention between Japan and India for the avoidance of double taxation will be ratified and come into effect 30 days after the exchange of ratification instruments in Tokyo. In Japan, it applies to income for any taxable year starting on or after January 1 of the year following its entry into force. In India, it applies to income for any 'previous year' starting on or after April 1 of the year following its entry into force. The 1960 agreement between Japan and India will terminate concerning income covered by this new Convention.
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