Direct Tax Avoidance Agreements

Zambia

ARTICLE 2 - Taxes covered - 1. The taxes to which this Convention shall apply are :

(a) in the case of India,

(i)  the income-tax including any surcharge thereon imposed under the Income-tax Act, 1961 (43 of 1961); and

(ii) the surtax imposed under the Companies (Profits) Surtax Act, 1964 (7 of 1964)

(hereinafter referred to as Indian tax);

(b)  in the case of Zambia,

(i)   the income-tax;

(ii)  the mineral tax; and

(iii) the personal levy

(hereinafter referred to as Zambian tax)

2. The Convention shall also apply to any identical or substantially similar taxes which are imposed by either ContractingState after the date of signature of the present Convention in addition to, or in place of, the taxes referred to in paragraph (1) of this article.

3. At the end of each year, the competent authorities of the Contracting States shall notify each other of any significant changes which have been made in their respective taxation laws which are the subject of this Convention and furnish copies of relevant enactments and regulations.