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‘Project Insight’ to help Finance Ministry nab tax evaders

News:

  • Insight the Finance ministry’s flagship project, aimed at widening the tax base by catching tax evaders using technology.
  • The ministry has floated a tender worth over Rs 150 crore to buy data analytics software and the infrastructure that goes along with it.
  • The ministry has also attached a non-disclosure agreement to the tender to keep exact details on the project from getting leaked.
  • The project is also expected to rank tax evaders based on the amount of tax that could be recovered, so that the authorities could go after the highest value targets first.

Source: ET

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