Tax treaty allocates cross border taxing rights and provides mechanisms to eliminate double taxation between India and Belgium. The Agreement allocates taxing rights by income category and defines resident status and permanent establishment; business profits are taxable in the residence State unless attributable to a permanent establishment in the other State, with arm's length attribution and specified deduction rules. It prescribes taxation rules for immovable property, dividends, interest, royalties, capital gains, personal services, pensions and specified exemptions, and establishes methods for elimination of double taxation by deduction or exemption and credit. Administrative cooperation includes a Mutual Agreement Procedure, Exchange of Information with confidentiality safeguards, and mutual assistance in recovery of taxes.