Tax Dept to study data, use AI, IOT to Plug leaks
Finance Minister Nirmala Sitharaman has asked the revenue departments under the Central Board of Indirect Taxes and Customs (CBIC) to use artificial intelligence, data analytics and internet of things (IoT) to identify leadages arising from frauds and tax evasion. She said that the traing for tax officials in all these areas would comence soon. The…