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of <h1>India-Saudi Arabia Agreement: Avoids Double Taxation on Air Transport Income, Effective from 1992, with Indefinite Validity.</h1> The agreement between the Republic of India and the Kingdom of Saudi Arabia, effective from September 25, 1992, aims to avoid double taxation by exempting taxes on income from air transport enterprises operating between the two countries. It applies to income taxes in both nations and includes provisions for mutual exemption of taxes on salaries and allowances for employees of these enterprises, provided they are citizens of the other country. The agreement allows for consultation and amendment, and remains in force indefinitely unless terminated by either party with six months' notice.
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