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India pitches for coordinated action to deal with challenges in digitalisation, timely tax info exchange

India is urging global partners to unite against emerging economic challenges. Digitalization and new financial products like crypto require coordinated action. Finance Minister Nirmala Sitharaman emphasized the need for timely information exchange and strong data confidentiality. This collaboration aims to ensure fairness and public trust in tax systems worldwide. Technological advancements will aid in achieving these goals.