Article 2 - Taxes covered - Oman

ARTICLE 2 TAXES COVERED 1. The taxes to which this Agreement shall apply are : (a) in India, the income-tax including any surcharge thereon; (hereinafter referred to as Indian tax ) 1 [ (b) in the Sultanate of Oman: the income tax; (hereinafter referred to as Omani tax ) ] 2. This Agreement shall also apply to any identical or substantially similar taxes which are imposed by either Contracting State after the date of signature of this Agreement in addition to, or in place of, the taxes referred to in paragraph 1. The competent authorities of the Contracting States shall notify each other of any substantial changes which are made in their respective taxation laws within one year from the date of such changes. *************** NOTES:- 1 . Substituted vide Notification No. 69/2025 dated 25-06-2025 before it was read as, (b) in the Sultanate of Oman : (i) the Company Income-tax; (ii) the Profit Tax on Commercial and Industrial Establishments; (hereinafter referred to as Omani tax )