Article 30 - Entry into force - Romania

ARTICLE 30 ENTRY INTO FORCE 1. This Agreement shall enter into force on the date of the later of the notifications through which the Contracting States shall notify to each other that the domestic requirements for the entry into force of the Agreement have been complied with. 2. The provisions of the Agreement shall have effect: (a) in the case of Romania: (i) in respect of taxes withheld at source to the income paid on or after the first day of January in the calendar year next following the calendar year in which the Agreement enters into force; and (ii) in respect of other taxes on income paid on or after the first day of January in the calendar year next following the calendar year in which the Agreement enters into force. (b) in the case of India: (i) in respect of taxes withheld at source to the income paid on or after the first day of April in the financial year next following the calendar year in which the Agreement enters into force; and (ii) in respect of other taxes on income paid on or after the first day of April in the financial year next following the calendar year in which the Agreement enters into force. 3. Upon the entry into force of this Agreement, the Convention between the Government of the Socialist Republic of Romania and the Government of the Republic of India for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, signed on the 10th day of March 1987 shall cease to have effect as regards the taxes to which this Agreement applies in accordance with the provisions of paragraph 2.