At the signing of the Agreement between the Government of the Grand Duchy of Luxembourg 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 and on capital, both sides have agreed upon the following provisions which shall be an integral part of the Agreement.
Ad. Article 27:
- In respect of Article 27, it is understood that if after the signature of this Agreement under any Agreement or Convention or Protocol between Luxembourg and any other member of European Union, Luxembourg offers an arrangement for more favourable or effective arrangement of exchange of information, the same arrangement shall also apply for the purpose of Article 27.
IN WITNESS WHEREOF, the undersigned, duly authorized thereto, have signed this Protocol.
DONE in duplicate at New Delhi this 2nd day of June 2008, each in the French, Hindi and English languages, all the texts being equally authentic.
FOR THE GOVERNMENT OF THE GRAND DUCHY OF LUXEMBOURG:
AMBASSADOR EXTRAORDINARY AND PLENIPOTENTIARY
FOR THE GOVERNMENT OF THE REPUBLIC OF INDIA:
CENTRAL BOARD OF DIRECT TAX