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<h1>India-Mexico Double Taxation Avoidance Agreement Signed to Prevent Fiscal Evasion and Promote Economic Cooperation.</h1> India and Mexico have entered into a Double Taxation Avoidance Agreement (DTAA) to prevent double taxation and fiscal evasion concerning income taxes. Signed by representatives from both nations, the agreement covers income-tax in India and federal income-tax in Mexico. It stipulates that dividends, interest, royalties, and technical service fees can be taxed in both the country of residence and the source country, with a maximum source country tax rate of ten percent. The agreement includes provisions for capital gains taxation, tax credit for residents, information exchange, revenue claim assistance, and limitations to prevent misuse, aiming to enhance economic cooperation and tax stability.