Revolutionizing Tax Administration in India: How Technology is Transforming the Ecosystem

2024-12-23
Revolutionizing Tax Administration in India: How Technology is Transforming the Ecosystem
Business Standard

The Indian government's dedication to harnessing technology in tax administration is driving significant advancements. By integrating various tax types, implementing electronic invoicing and IRN systems, and adopting faceless assessments, the tax system is becoming more streamlined, transparent, and efficient. This digital transformation is expected to enhance taxpayer compliance, reduce errors, and increase revenue collection, ultimately fostering a more robust and modern tax ecosystem in India, with key terms like digital tax compliance, tax technology, and e-governance playing a crucial role.

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