Article 31 - Entry into Force - Lithuania

ARTICLE 31 ENTRY INTO FORCE 1. The Governments of the Contracting States shall notify each other in writing of the completion of the procedures required by the respective laws for the entry into force of this Agreement. 2. This Agreement shall enter into force on the date of the later of the notifications referred to in paragraph 1 of this Article. 3. The provisions of this Agreement shall have effect: (a) in India: (i) in respect of taxes withheld at source, on income derived on or after the first day of April next following the calendar year in which the Agreement enters into force; (ii) in respect of other taxes on income and taxes on capital, for taxes chargeable for any fiscal year beginning on or after the first day of April next following the calendar year in which the Agreement enters into force; (b) in Lithuania: (i) in respect of taxes withheld at source, on income derived on or after the first day of January in the calendar year next following the year in which the Agreement enters into force; (ii) in respect of other taxes on income and taxes on capital, for taxes chargeable for any fiscal year beginning on or after the first day of January in the calendar year next following the year in which the Agreement enters into force.