Data Trap

The Economic Times - - Companies: Pursuit Of Profit -

Bank de­posits, prop­erty reg­is­tra­tion, tax re­turns, PAN, so­cial me­dia posts, for­eign travel and credit card state­ments un­der tax­man’s scru­tiny

an­a­lyt­ics un­der­tak­ing cross ref­er­enc­ing of dif­fer­ent data & rais­ing red flags

to start action within next 3 months

As in­for­mal econ­omy shrinks fur­ther post DeMo & GST, de­ploy­ing data an­a­lyt­ics is the fu­ture of tax ad­min­is­tra­tion, which is keen to in­crease the tax to GDP ra­tio.

Amit Ma­hesh­wari

Part­ner, Ashok Ma­hesh­wary & As­so­ciates.

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