Protocol amending the Agreement between the Government of the Republic of India and the Government of the Kyrgyz Republic

Last updated: 09 December 2021

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This notification announces a Protocol that amends the existing Agreement between India and the Kyrgyz Republic for avoiding double taxation and preventing fiscal evasion on income. The amending Protocol, signed in Bishkek on June 14, 2019, entered into force on October 22, 2020. It updates definitions and enhances the exchange of information between the tax authorities of both countries, ensuring better cooperation and compliance.

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 8th December, 2021 Notification No. 135/2021-Income Tax S.O. 5094(E). -Whereas, the Protocol, amending the Agreement between the Government of the Republic of India and the Government of the Kyrgyz Republic for the avoidance of double taxation and for the prevention of fiscal evasion with respect to taxes on income which was signed at New Delhi on 13th April, 1999, has been signed at Bishkek, Kyrgyz Republic on 14

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1 Year PLAN

1999

(Excl. of GST ₹359)

BEST VALUE

2 Years PLAN

3499

(Excl. of GST ₹629)

3 Months PLAN

999

(Excl. of GST ₹179)

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FAQ :

The Protocol aims to amend the existing Agreement between India and the Kyrgyz Republic for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.

The amending Protocol entered into force on the 22nd October, 2020.

The Protocol updates definitions, specifically regarding the authorized representative in the Kyrgyz Republic, and significantly enhances the 'Exchange of Information' article (Article 26) to facilitate better cooperation between the tax authorities of both nations.

The Protocol replaces Article 26 of the original agreement, establishing a framework for competent authorities to exchange information relevant for administering domestic tax laws, subject to certain conditions and confidentiality requirements.

The Protocol was done in duplicate in Hindi, Kyrgyz, Russian, and English. In case of any divergence, the English text shall prevail.