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of <h1>India-Hong Kong Agreement: Preventing Double Taxation and Fiscal Evasion on Income Taxes Effective Since November 30, 2018.</h1> The agreement between the Government of India and the Hong Kong Special Administrative Region aims to prevent double taxation and fiscal evasion concerning income taxes. Signed on March 19, 2018, and effective from November 30, 2018, it applies to residents of either region, covering various taxes including profits, salaries, and property taxes in Hong Kong, and income tax in India. The agreement outlines the definitions, taxation rules, and methods for eliminating double taxation, ensuring fair treatment and exchange of information between the parties. It includes provisions for income from immovable property, business profits, dividends, interest, royalties, and technical services.
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