Current Context: The 18th Plenary of the Global Forum on Transparency and Exchange of Information for Tax Purposes was held in New Delhi from December 2–5, 2025.
- It was inaugurated by Union Finance Minister Nirmala Sitharaman.
- Theme 2025: “Tax Transparency: Delivering a Shared Vision Through International Cooperation”.
- Attended by 172 member jurisdictions, including all G20 nations.
- Focus areas included Exchange of Information on Request (EOIR), Automatic Exchange of Information (AEOI), tackling illicit financial flows, and addressing digital economy challenges.
- Sitharaman emphasized transparency as a pillar of fair governance and equitable development.
- The plenary reinforced India’s leadership in global tax cooperation and sustainable growth.
Question:
Q.1 Who inaugurated the 18th Plenary of the Global Forum on Tax Transparency?a) Prime Minister Narendra Modi
b) Finance Minister Nirmala Sitharaman
c) RBI Governor
d) Chairperson, CBDT
Answer: b) The event was inaugurated by Union Finance Minister Nirmala Sitharaman.
