What is the purpose of the Paris summit that the Finance Minister, Nirmala Sitharaman, is attending

Know about the aim of the Paris summit that Nirmala Sitharaman, the Finance Minister of India, is attending in recent days.
The Paris summit that Finance Minister Nirmala Sitharaman is attending is the Organisation for Economic Cooperation and Development (OECD) meeting, which is focused on finding solutions to tax challenges posed by the digitalization of the economy. Some of the key objectives of the summit include:
  • Developing a global consensus-based solution to address the tax challenges posed by the digital economy
  • Ensuring a level playing field for both traditional and digital businesses
  • Creating a fair and stable international tax system
  • Exploring potential solutions to tax avoidance by multinational companies
  • Strengthening the OECD's capacity to fight against aggressive tax planning and tax evasion
India and other countries participating in this summit will engage in discussions and negotiations to develop a plan that can balance the interests of different countries and businesses while maintaining a fair and equitable tax system.
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