Note: This Treaty may be impacted by the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (MLI). MLI impact on Tax Treaties is available with the Orbitax International Tax Research & Compliance Expert.
SCHEDULE II
Taxes Covered
The existing taxes to which this Agreement shall apply:
- (1) In Bangladesh, taxes on income, that is, direct tax.
- (2) In Bhutan, income tax imposed under the Income Tax Act 2001 and the rules thereof.
- (3) In India, income tax, including any surcharge thereon.
- (4) In Maldives, taxes on income, that is, direct tax.
- (5) In Nepal, income tax imposed under the Income Tax Act, 2058.
- (6) In Pakistan, taxes on income.
- (7) In Sri Lanka, income tax, including the income tax based on the turnover of enterprises licensed by the Board of Investment.