Article 2 - Taxes covered - Indonesia (Old - Effective upto 31-3-2016)

Article 2 : Taxes covered 1. The taxes to which the Agreement shall apply are: (a) in India: (i) the income-tax including any surcharge thereon imposed under the Income Tax Act, 1961 (43 of 1961); (ii) the surtax imposed under the Companies (Profits) Surtax Act, 1964 (7 of 1964); (hereinafter referred to as "Indian Tax"). (b) in Indonesia: the income-tax imposed under the Undang-undang Pajak Penghasilan 1964 (Law No. 7 of 1983) and to the extent provided in such income-tax law, the company tax imposed under the Ordanansi Pajak Perseroan 1925 (State Gazette No. 319 of 1925 as lastly amended by Law No. 8 of 1970) and the tax imposed under the Undang-undang Pajak atas Bunga, Dividen dan Royalty 1970 (Law No. 10 of 1970); (hereinafter referred to as "Indonesian Tax"). 2. The Agreement shall also apply to any identical or substantially similar taxes which are imposed by either ContractingState after the date of signature of the present 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.