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India backs reform for global minimum corporate tax rate of 15%
short by Kiran Khatri / on Friday, 2 July, 2021
India has joined 129 countries in backing a two-pillar plan to reform international taxation and ensure multinational companies pay taxes at a minimum rate of at least 15% wherever they operate. "The solution vindicates India's stand for a greater share of profits for...markets," the Finance Ministry said. The deal should result in "sustainable revenue" for developing economies, it added.
read more at Times Now