<h1>Finance Minister Calls for Stronger Measures Against Illicit Financial Outflows and Abusive Transfer Pricing at International Seminar.</h1> The Union Finance Minister emphasized the need for strong measures to counter illicit financial outflows and abusive transfer pricing schemes that exploit developing countries' resources. Addressing an international seminar, he highlighted the importance of India and the OECD's partnership in tackling these issues through enhanced cooperation and skill development in tax administration. The seminar, organized by India's Ministry of Finance and the OECD, focused on adapting tax systems to the global environment. Discussions included international tax disputes, transfer pricing, and the role of tax havens. The event aimed to foster dialogue and improve tax compliance and transparency.