Correct Answer : Base Erosion and Profit Shifting
India joined the global tax deal under the G20-OECD Inclusive Framework on Base Erosion and Profit Shifting (BEPS).
It seeks to reform international tax rules and ensure that multinational companies pay their fair share wherever they operate. However, when the global tax regime is implemented, India will have to roll back the equalisation levy that it imposes on MNCs such as Google, Amazon and Facebook.