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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>Convention Governs Income Taxes for India and Thailand, Including Future Tax Changes and Mutual Notifications of Law Updates.</h1> This Convention applies to taxes on income imposed by each Contracting State, including political subdivisions or local authorities, regardless of how they are levied. It covers taxes on total income, income elements, gains from property alienation, and wages or salaries paid by enterprises. For India, it includes income tax and surtax under specified Acts. For Thailand, it includes income tax and petroleum income tax. The Convention also applies to any similar taxes introduced after its signing. Contracting States must inform each other of significant changes in their taxation laws.