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of <h1>India-Sweden Double Taxation Agreement: Article 30 Details on Entry into Force and Termination of 1988 Convention</h1> Article 30 of the Double Taxation Avoidance Agreement (DTAA) between India and Sweden outlines the entry into force of the convention. Both countries must notify each other through diplomatic channels once they complete the necessary procedures. The convention becomes effective thirty days after the last notification is received. In India, it applies to income from fiscal years starting on or after April 1 following the calendar year of entry into force, and to capital held at fiscal year-end. In Sweden, it applies to income taxes from January 1 following entry and net wealth taxes assessed from the second calendar year thereafter. The 1988 convention between the two countries will terminate upon the new convention's entry into force.
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