Tax treaty amendment expands designated Japan government banks exempt from tax on interest under the India-Japan Convention. Amendment to Article 11(4)(a) of the India-Japan Convention substitutes the list of qualifying Japanese government owned financial institutions: the Bank of Japan; Japan Bank for International Co operation; the Japan International Co operation Agency; and such other wholly government owned financial institutions as may be agreed upon between the Governments, thereby determining which entities are not subject to tax in the other Contracting State in respect of interest.