https://www.taxtmi.com/acts?id=5775 Article 2 establishes that the Convention applies to taxes on income and on capital regardless of levy method, including taxes on total income or capital, elements of income or capital, gains from alienation and capital appreciation. It specifies existing applicable taxes in Sri Lanka (income-tax including certain turnover-based income-tax and wealth-tax) and India (income-tax including surcharge, surtax, and wealth-tax), and extends coverage to identical or substantially similar taxes introduced later, with a mutual notification obligation on tax law changes. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 07 Sep 2019 15:36:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5775 Article 2 establishes that the Convention applies to taxes on income and on capital regardless of levy method, including taxes on total income or capital, elements of income or capital, gains from alienation and capital appreciation. It specifies existing applicable taxes in Sri Lanka (income-tax including certain turnover-based income-tax and wealth-tax) and India (income-tax including surcharge, surtax, and wealth-tax), and extends coverage to identical or substantially similar taxes introduced later, with a mutual notification obligation on tax law changes. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5775