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India joins inclusive framework tax scheme OECD-G20's

Shortpedia

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This deal was agreed on by 130 nations to ensure multinational firms pay taxes at a minimum of 15% wherever they operate. India expressed support for the OECD/G20 inclusive framework tax agreement. India prefers a consensual solution that is straightforward to adopt and comply with. The Finance Ministry has stated that it should give significant and sustainable revenue to market jurisdictions for developing and emerging economies.