India Mulling Ways to Adopt 15% Global Minimum Tax

India continues to deliberate on adopting the OECD’s 15% global minimum tax—also known as Pillar Two, a senior tax official said Thursday.

“We really have to think about it and then act,” said Chetan Rao, commissioner of income tax (transfer pricing), in the income tax department. Rao was speaking at a conference in New Delhi organized by trade body Associated Chambers of Commerce & Industry of India.

Rao said a committee has been formed, as announced by India’s Revenue Secretary earlier this year, to look into Pillar Two. Among the issues being debated is whether India could tweak its ...