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of <h1>Convention Covers Indian and Zambian Taxes Including Income, Surtax, and Mineral Tax; Annual Legal Updates Required</h1> The Convention applies to taxes in India, including the income tax and surtax under the Income-tax Act, 1961, and the Companies (Profits) Surtax Act, 1964, referred to as 'Indian tax.' In Zambia, it covers income tax, mineral tax, and personal levy, referred to as 'Zambian tax.' It also extends to any similar taxes imposed by either country after the Convention's signing. The competent authorities of both countries must notify each other annually of significant changes in their taxation laws covered by the Convention and provide copies of relevant legal documents.
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