Tax Reforms

Project Insight to give tax officials more teeth

Those evading taxes could soon find tax officials at their doorstep, with a rather insightful account of their big purchases

  1. News: In a tough stance against those with undisclosed money, the government is going to launch Project Insight
  2. The income tax department will use technology to track assesses using their PAN details
  3. Implementing the project will cost the government Rs 800-1,000 crore
  4. It will allow the government to collate all information available with the I-T department from various sources
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