FM Flags Significance of BRICS Tax Push

Countries

Cooperation areas

Source: Hindustan Times | Original Published At: 2026-09-24 02:34:00 UTC

Finance Minister Nirmala Sitharaman said BRICS tax cooperation is significant amid global renegotiation of tax-related rules.
BRICS has indicated it intends to pursue the interests of the global South at multilateral forums, including the UN Framework Convention on International Tax Cooperation.
Under India's BRICS chairship, member countries reaffirmed their commitment to a fair, inclusive, stable and efficient international tax system.
India said BRICS has established working groups on international taxation and transfer pricing, and on revenue statistics.
Sitharaman highlighted technology, administration and people as focus areas of the BRICS tax track this year.
India shared tax administration experiences such as faceless assessment, pre-filled returns, real-time invoice authentication and AI-enabled taxpayer assistance through the BRICS tax collaboration tool.