https://www.taxtmi.com/acts?id=6097 Article 24 provides a government income exemption under the India-UAE DTAA: the Government of one Contracting State is exempt from tax, including capital gains tax, in the other Contracting State on income derived there. "Government" is defined to include political subdivisions, local authorities, and specified financial institutions (Reserve Bank of India; Central Bank of the U.A.E., Abu Dhabi Investment Authority; Abu Dhabi Fund for Economic Development) and other mutually agreed bodies; an amendment via Notification No. 282/2007 revised the operative wording. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 03 Dec 2024 16:10:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6097 Article 24 provides a government income exemption under the India-UAE DTAA: the Government of one Contracting State is exempt from tax, including capital gains tax, in the other Contracting State on income derived there. "Government" is defined to include political subdivisions, local authorities, and specified financial institutions (Reserve Bank of India; Central Bank of the U.A.E., Abu Dhabi Investment Authority; Abu Dhabi Fund for Economic Development) and other mutually agreed bodies; an amendment via Notification No. 282/2007 revised the operative wording. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6097