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<h1>India-Switzerland Agreement Prevents Double Taxation, Ensures Fair Tax Treatment on Income From Various Sources Since 1994.</h1> The agreement between the governments of India and Switzerland aims to prevent double taxation and fiscal evasion concerning income taxes. Effective from December 29, 1994, it applies to residents of both countries and covers various taxes, including income tax in India and federal, cantonal, and communal taxes in Switzerland. The agreement outlines definitions, the scope of taxes, and the conditions under which income from different sources, such as immovable property, business profits, dividends, interest, royalties, and personal services, will be taxed. It also addresses the exchange of information, mutual agreement procedures, and non-discrimination principles to ensure fair tax treatment and cooperation between the two countries.