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<h1>India Joins OECD/G20 Framework to Tackle Digital Economy Tax Challenges with Pillar One and Pillar Two Solutions.</h1> India has joined the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting, agreeing to a high-level statement addressing tax challenges from the digital economy. The proposed solution includes two components: Pillar One, which reallocates profit shares to market jurisdictions, and Pillar Two, which involves minimum tax rules. While some issues like profit allocation and tax rule scope remain unresolved, technical details will be finalized by October. India supports a consensus solution that is simple, ensures revenue allocation to market jurisdictions, and addresses cross-border profit shifting, especially benefiting developing and emerging economies.