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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>India-Kuwait Agreement Prevents Double Taxation, Covers Income, Corporate Taxes, and More; Effective Since 2007.</h1> The agreement between India and Kuwait, effective from October 17, 2007, aims to prevent double taxation and fiscal evasion concerning income taxes. It applies to residents of either or both countries and covers various taxes, including income, corporate, Zakat, and others. The agreement outlines definitions, tax obligations, and provisions for permanent establishments, business profits, dividends, interest, royalties, and capital gains. It includes measures for eliminating double taxation, non-discrimination, mutual agreement procedures, and information exchange. The agreement remains effective for five years, with automatic renewal unless terminated with six months' notice.
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