Article 2 - Taxes Covered - Kazakhstan (Kazakstan)

ARTICLE 2 TAXES COVERED 1. This Convention shall apply to taxes on income and on capital imposed on behalf of a Contracting State or of its political sub-divisions or local authorities irrespective of the manner in which they are levied. 2. There shall be regarded as taxes on income and on capital all taxes imposed on total income, on total capital, or on elements of income or of capital including taxes on gains from the alienation of movable or immovable property, taxes on the total amounts of wages or salaries paid by enterprises as well as taxes on capital appreciation. 3. The existing taxes to which the Convention shall apply are in particular: 1 [ (a) in the Republic of Kazakhstan: (i) the corporate income tax; (ii) the individual income tax; (iii) the tax on property of legal persons and individuals; (hereinafter referred to as Kazakhstan tax ); ] (b) In the Republic of India: (i) the income-tax, including any surcharge thereon; and (ii) the tax on capital (the wealth-tax); (hereafter referred to as Indian tax ). 4. The Convention shall apply also to any identical or substantially similar taxes which are imposed after the date of signature of the Convention in addition to, or in place of, the existing taxes. The competent authorities of the Contracting States shall notify each other of any significant changes which have been made in their respective taxation laws. ************ NOTES:- 1 . Substituted vide Notification No. 20/2018 - Dated 12-04-2018 , w.r.e.f.12-3-2018 before it was read as, (a) In the Republic of Kazakstan: (i) the tax on income of legal persons and individuals; (ii) the tax on the property of legal persons and individuals; (hereafter referred to as Kazakstan tax );