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Can Budget 2024 leverage technology for effective tax administration in India?

By Economic Times - 10 months ago
India's transformation through technology, specifically in tax administration, serves as a global example. The government is leading this change, enabling businesses to achieve accuracy, timeliness, and efficiency. The expansion of e-invoicing requirements has increased transparency in statutory reporting, with millions of taxpayers now covered under real-time reporting. The government leverages big data for reconciliations, audits, and pattern recognition

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