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Is India a part of BEPS?

Yes, India is a part of the Base Erosion and Profit Shifting (BEPS) project of the Organisation for Economic Cooperation and Development (OECD). India is part of task forces, various committees, and working groups of this initiative. India’s equalisation levy which was announced in 2016 was influenced by the BEPS initiative. You can read about the Base Erosion and Profit Shifting (BEPS) – Issues, Measures taken by India in the given link.

Further readings:

  1. Taxation in India – Direct taxes, Indirect Taxes, Features of Taxation System
  2. Organisation for Economic Co-operation and Development [OECD] – Objectives, Member Countries, Responsibilities

Related Links

Central Board of Direct Taxes (CBDT) – UPSC Notes

Monetary Policy – Objectives, Roles and Instruments

National Institution for Transforming India (NITI Aayog) – A Brief Overview

Securities And Exchange Board Of India (SEBI) – Functions & Powers

Global Financial Stability Report 2020 – GFSR Report By IMF

Highlights of Economic Survey 2021

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