<h1>India Rethinks Participation in OECD Global Tax Deal After US Withdrawal, Citing Impracticality of 15% Minimum Tax Plan</h1> India is reconsidering its participation in the OECD's global tax deal following the US withdrawal, which Finance Secretary Tuhin Kanta Pandey described as making the pact impractical. The US exit, announced by President Donald Trump, nullifies efforts to establish a 15% minimum tax on multinational profits. The deal, involving 140 countries, aimed to curb tax competition and avoidance. India, having previously expressed reservations, is now evaluating the benefits of continuing without US involvement. The US withdrawal raises concerns about potential double taxation and increased tax burdens on American companies operating internationally.