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of <h1>India and Russia to Amend 1976 and 1988 Tax Agreements u/s 90 of Income-tax Act.</h1> The Government of India and the Russian Federation have agreed to amend and implement existing agreements originally made with the former Soviet Union under Section 90 of the Income-tax Act, 1961. These agreements, concerning merchant shipping and the avoidance of double taxation, will now refer to the Russian Federation instead of the Soviet Union. The agreements, signed in 1976 and 1988, will continue to be in force between India and the Russian Federation. The Central Government of India has directed that these agreements be fully implemented within India.
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