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of <h1>India and Macedonia Sign Agreement to Prevent Double Taxation, Effective 2014; Applies to Income Taxes from 2015 Onwards.</h1> An agreement was established between the governments of India and Macedonia to prevent double taxation and fiscal evasion concerning income taxes. Signed on December 17, 2013, in Delhi, the agreement took effect on September 12, 2014, after necessary legal procedures were completed. The provisions apply to taxes withheld at the source from April 1, 2015, in India, and January 1, 2015, in Macedonia. The agreement outlines the scope of taxes covered, definitions, and methods for eliminating double taxation, ensuring non-discrimination, and facilitating mutual assistance in tax collection and information exchange between the two countries.
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