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<h1>UK-India Pact on Double Tax Avoidance: Covers Income, Corporation, Capital Gains, and Petroleum Taxes Under Agreement.</h1> The Convention addresses taxes covered under the Double Tax Avoidance Agreement between the United Kingdom and India. In the UK, it includes income tax, corporation tax, capital gains tax, and petroleum revenue tax, collectively referred to as 'United Kingdom tax.' In India, it covers income tax, including any surcharge, referred to as 'Indian tax.' The Convention also applies to any similar taxes introduced by either country after its signing. Both countries must notify each other of significant changes in their tax laws.