New Delhi, December 2, 2025 — Finance Minister Nirmala Sitharaman emphasized that international collaboration is essential to address evolving tax challenges in a rapidly globalizing economy. Speaking at a finance and taxation summit, she highlighted the need for coordinated policies to manage cross-border taxation, digital economy taxation, and prevent base erosion and profit shifting.
Sitharaman noted that bilateral and multilateral frameworks will play a critical role in ensuring transparency and fairness in global taxation. She stressed that India is actively engaging with global partners to strengthen compliance mechanisms and create a more predictable tax environment for businesses and investors worldwide.
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