The Central Board of Direct Taxes (CBDT) has awarded a ₹3,000 crore, seven-year contract to LTIMindtree for developing an advanced AI-driven tax analytics platform named *Insight 2.0.* The project aims to modernise India’s national tax intelligence framework through cutting-edge digital architecture, data analytics, and artificial intelligence.
The new platform will enable real-time tax intelligence and strengthen policy formulation, compliance monitoring, and enforcement mechanisms across the income tax ecosystem.
*Key Highlights of the Project*
*AI-Driven Tax Intelligence*
The platform will use machine learning algorithms to identify abnormal patterns, suspicious transactions, and inconsistencies in income reporting.
*Real-Time Data Insights*
Tax authorities will gain access to real-time analytics for faster and more accurate decision-making.
*End-to-End Digital Transformation*
The project represents a major leap in digitisation of tax administration, enhancing data integration, risk assessment, and compliance tracking.
*Expected Benefits*
*Stronger Tax Compliance*
The system is expected to improve voluntary compliance, curb tax evasion, and promote transparency.
*Higher Administrative Efficiency*
AI-powered analytics will enable faster detection of trends, risks, and irregularities.
*Smarter Policy Decisions*
Data-driven insights will help policymakers design targeted fiscal strategies and improve revenue outcomes.
*LTIMindtree’s Role*
LTIMindtree will act as the *implementation and operations partner,* responsible for:
Designing and building the platform
Managing IT infrastructure and cybersecurity
Automating backend processes
Operating and maintaining the system over seven years
The company will leverage its expertise in digital transformation and advanced analytics to deliver a future-ready tax intelligence ecosystem for India.