Direct Tax Avoidance Agreements

Swiss Confederation

Article 29 : Termination

The Agreement shall continue in effect indefinitely but either of the Contracting States may, on or before the thirtieth day of June in any calendar year, give notice of termination to the other Contracting State and, in such event this Agreement shall cease to be effective :

(a) in India, in respect of income arising in any fiscal year beginning on or after the first day of April next following the calendar year in which the notice of termination is given; and

(b) in Switzerland, in respect of income arising in any fiscal year beginning on or after the first day of January next following the calendar year in which the notice of termination is given.

IN WITNESS WHEREOF the undersigned, being duly authorised thereto, have signed the present Agreement.

Done in duplicate at New Delhi this 2nd day of November, one thousand nine hundred and ninety four in the Hindi, German, and English languages, all the texts being equally authentic, except in the case of doubt when the English text shall prevail.

For the Government of the            For the Swiss Federal Council

Republic of India    Sd/-                      Sd/-