BRICS Heads of Tax Authorities meet in New Delhi as India's tax chairship concludes
23 September 2026
Union Finance Minister Nirmala Sitharaman inaugurated the BRICS Heads of Tax Authorities Meeting in New Delhi on 23 September 2026, the culmination of India's BRICS Chairship of the tax cooperation track. The meeting was hosted by the Central Board of Direct Taxes (CBDT). Ten BRICS tax administrations took part: Brazil, China, Egypt, Ethiopia, India, Indonesia, Iran, Russia, South Africa and the United Arab Emirates. Two new India-led Working Groups were established — on International Taxation and Transfer Pricing, and on Revenue Statistics. The BRICS Tax Cross-Learning Lab was launched, and the BRICS Young Tax Professionals Capacity Building Programme, first held in person at the National Academy of Direct Taxes, Nagpur, in April 2026, was made an annual feature. The BRICS Tax Progress Report 2026 was signed, and China was welcomed as the incoming Chair of the tax track for 2027.
In plain words
CBDT Central Board of Direct Taxes — The statutory body under the Ministry of Finance that administers income tax and other direct taxes.
Transfer pricing — The prices set for transactions between related companies in different countries, which affect where profits are taxed.
BRICS — A grouping that began with Brazil, Russia, India, China and South Africa and has since expanded.