Article 30 - Entry Into Force - France

ARTICLE 30 ENTRY INTO FORCE 1. Each of the Contracting States shall notify to the other the completion of the procedure required by its law for the bringing into force of this Convention. This Convention shall enter into force on the first day of the second month following the date of reception of the later of these notifications and shall thereupon have effect: (a) in India; (i) in respect of income arising in any fiscal year beginning on or after the first day of April following the calendar year in which the Convention enters into force; (ii) in respect of capital which is held on the last day of any fiscal year beginning on or after the first day of April following the calendar year in which the Convention enters into force; (b) in France: (i) in respect of income arising in any calendar year or accounting period beginning on or after the first of January following the calendar year in which the Convention enters into force; (ii) in respect of capital owned on the first day in any calendar year following the calendar year in which the Convention enters into force. 2. The Agreement between the Government of French Republic and the Government of the Republic of India for the avoidance of double taxation in respect of taxes on income signed in Paris on March 26, 1969 shall be terminated and its provisions shall cease to have effect when the corresponding provisions of this Convention shall become effective.