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International 24 September 2026 · Event date: 23 September 2026
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Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman inaugurates BRICS Heads of Tax Authorities Meeting in New Delhi

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman inaugurates BRICS Heads of Tax Authorities Meeting in New Delhi
Official visual from the source release · Source: Press Information Bureau

Union Finance Minister Smt. Nirmala Sitharaman inaugurated the BRICS Heads of Tax Authorities Meeting in New Delhi, marking the culmination of India's BRICS Chairship of the tax cooperation track. Representatives from ten BRICS member countries gathered to discuss challenges, share experiences, and adopt landmark outcomes including new working groups and institutional frameworks.

Why It Matters

This is relevant for competitive exams covering international summits, government ministries, and economic groupings like BRICS.

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In Simple Words

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman inaugurated the BRICS Heads of Tax Authorities Meeting in New Delhi. The event marked the culmination of India's BRICS Chairship of the tax cooperation track and was hosted by the Central Board of Direct Taxes, Ministry of Finance.

Representatives from ten BRICS member countries attended to discuss challenges and share experiences. The meeting adopted several outcomes, including the establishment of two new Working Groups, institutionalisation of the BRICS Young Tax Professionals Capacity Building Programme, and signing of the BRICS Tax Progress Report 2026.

Key Points

  • Inaugurated by Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman in New Delhi.
  • Marked the culmination of India's BRICS Chairship of the tax cooperation track.
  • Hosted by the Central Board of Direct Taxes, Ministry of Finance, Government of India.
  • Attended by representatives from ten BRICS tax administrations: Brazil, China, Egypt, Ethiopia, India, Indonesia, Iran, Russia, South Africa, and the United Arab Emirates.
  • Established two new Working Groups on International Taxation and Transfer Pricing, and on Revenue Statistics, led by India.
  • Institutionalised the BRICS Young Tax Professionals Capacity Building Programme as an annual feature.
  • Formally launched the BRICS Tax Cross-Learning Lab and approved the Terms of Reference of the BRICS Tax Support Network.
  • Signed the BRICS Tax Progress Report 2026 and welcomed China as the incoming Chair for 2027.

Exam Angle

Event
BRICS Heads of Tax Authorities Meeting
Location
New Delhi
Incoming Chair for 2027
The People’s Republic of China
Key Official
Smt. Nirmala Sitharaman

A. The People’s Republic of China

Source: Press Information Bureau

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