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of <h1>India-Tanzania Tax Agreement Covers Income Tax, Surtax; Annual Notifications on Law Changes Required by Authorities</h1> The Agreement applies to specific taxes in India and Tanzania. For India, it covers the income tax and surtax under the Income Tax Act, 1961, and the Companies (Profits) Surtax Act, 1964. For Tanzania, it includes the income tax and any tax considered as such under the Income Tax Act, 1973. It also extends to any similar taxes introduced after the Agreement's signing. The competent authorities of both countries are required to notify each other annually of significant changes in their tax laws and provide relevant documentation.
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