Independent tax policy research should enter public discourse: FM Sitharaman
Tax professionals must look beyond sectoral interests and put the national interest first, said the Finance Minister
Finance Minister Nirmala Sitharaman advocated for independent tax policy research to be included in public discourse on Wednesday, September 16, 2026, at the Eighth International Tax Conference in Bengaluru. She emphasized that tax professionals must prioritize national interest over sectoral interests. Sitharaman emphasized that a comprehensive tax policy debate should transcend sectoral considerations and place the nation first.
The Finance Minister also mentioned that the government has streamlined Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) provisions, raised thresholds, and minimized unwarranted criminal repercussions. Regarding international taxation, she revealed that India has renegotiated its tax treaties with Mauritius, Singapore, and Cyprus to regain the right to tax capital gains at source.
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