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Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman inaugurates 18th plenary meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes India is the host for the 18th Global Forum Plenary being held in New Delhi Union Minister for Finance and Corp
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FAQ :
The 18th Plenary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes is the sole decision-making body of the Global Forum, bringing together all member jurisdictions, international organisations, and development partners to review progress on tax transparency standards and set future priorities.
Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman inaugurated the 18th plenary meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes.
The theme for the 18th Global Forum Plenary, hosted by India, is 'Tax Transparency: Delivering a Shared Vision Through International Cooperation'.
The key international standards on tax transparency are the Exchange of Information on Request (EOIR) and the Automatic Exchange of Financial Account Information (AEOI).
FM Sitharaman acknowledged the potential of technology and AI in analyzing information but cautioned that innovation must be balanced with judgment and unwavering respect for procedure.
India has identified digital economy taxation and crypto-asset reporting frameworks as urgent priorities for the next phase of collective action.
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