Article 3 - Taxes covered - Macao Sar

ARTICLE 3 TAXES COVERED 1. The taxes which are the subject of this Agreement are: (a) In India, taxes of every kind and description imposed by the Central Government or the Governments of political sub-divisions or local authorities, irrespective of the manner in which they are levied ; (b) In Macao, taxes of every kind and description imposed by the Government of the Macao Special Administrative Region. 2. This Agreement shall also apply to any identical taxes imposed after the date of entry into force of the Agreement in addition to, or in place of the existing taxes. This Agreement shall also apply to any substantially similar taxes imposed after the date of entry into force of the Agreement in addition to or in place of the existing taxes if the competent authorities of the Contracting Parties so agree. Furthermore, the taxes covered may be expanded or modified by mutual agreement of the Contracting Parties in the form of an exchange of letters. The competent authorities of the Contracting Parties shall notify each other of any substantial changes to the taxation and related information gathering measures covered by the Agreement.