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LTIMindtree has been awarded a seven-year contract worth around INR 3,000 crore by the Central Board of Direct Taxes to develop an AI-powered system for upgrading India's national tax analytics platform. The project, known as Insight 2.0, aims to modernise tax data analysis and provide real-time insights to policymakers. The initiative supports the government's ongoing efforts to strengthen tax administration through advanced technology, improved data processing, and enhanced decision-making capabilities within the income tax framework.
IT services firm LTIMindtree has secured a major technology contract from the Central Board of Direct Taxes to develop an artificial intelligence-based system for modernising India's national tax analytics platform. The contract, valued at around INR 3,000 crore, was awarded earlier this week and will be executed over a seven-year period. Advertisement
Under the mandate, LTIMindtree will build the Insight 2.0 platform, which is designed to strengthen the government's tax intelligence and data analysis capabilities. The new system is expected to use advanced analytics and AI tools to process large volumes of tax-related data and generate actionable insights.
The company stated that the project is aimed at supporting the ongoing digital transformation of India's tax administration framework. The upgraded platform is expected to help policymakers access real-time and data-driven insights, improving decision-making and policy formulation. The initiative is part of the government's broader push to modernise tax systems, enhance compliance, and improve transparency through technology.
In recent years, the income tax department has increasingly relied on data analytics and technology-led systems to detect tax evasion, widen the tax base, and streamline assessments. The Insight platform is a key component of this effort, and the latest upgrade is expected to further strengthen the analytical depth and speed of the system.
Source PTI
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