Black money

Black money fight: Tax evaders beware, Income Tax Dept scanning your social media posts

“Project Insight is a significant step in this direction wherein data analytics and data mining tools are to be used to track any tax non-compliance. As more and more databases get linked, a lot of information will be available with the tax authorities at the click of a button, and data analytic tools will immediately highlight any discrepancies.”

Vikas Vasal
Partner, Grant Thornton India LLP

This article appeared in Financial Express on 12th September, 2017.