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    <title>Elimination of Double Taxation</title>
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    <description>Residents of Hungary obtain relief by exemption for income taxable in India, except that dividends, interest and royalties under Articles 10-12 are relieved by a limited foreign tax credit capped at the tax attributable to those items. Residents of India obtain relief by a limited foreign tax credit for tax paid in Hungary, capped at the Indian tax attributable to income taxable in Hungary. Exempted income may be taken into account in computing tax on the remaining income of the resident.</description>
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      <description>Residents of Hungary obtain relief by exemption for income taxable in India, except that dividends, interest and royalties under Articles 10-12 are relieved by a limited foreign tax credit capped at the tax attributable to those items. Residents of India obtain relief by a limited foreign tax credit for tax paid in Hungary, capped at the Indian tax attributable to income taxable in Hungary. Exempted income may be taken into account in computing tax on the remaining income of the resident.</description>
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      <pubDate>Sat, 19 Jan 2008 22:45:54 +0530</pubDate>
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