Double taxation avoidance treaty effects tax allocation, PE rules, withholding limits and anti abuse measures between India and Chile. The notification gives effect in India to the India-Chile Agreement and Protocol eliminating double taxation and preventing fiscal evasion on income. The treaty applies to residents, specifies covered taxes, treats fiscally transparent entities as resident income when domestic law does so, and allocates taxing rights across major income categories-including immovable property, business profits attributable to a permanent establishment, dividends, interest, royalties, fees for technical services and capital gains-while providing methods for elimination of double taxation, a Mutual Agreement Procedure, Exchange of Information, and a comprehensive Limitation of Benefits regime.