AI Powers Tax Detectives While Lightening GST Load

Finance

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AI Powers Tax Detectives While Lightening GST Load

The finance ministry is on a tech spree! They're using AI and data magic to catch sneaky tax evaders while making life easier for honest taxpayers. Since the GST party started in 2017, registrations have jumped from 66.5 lakh to a whopping 1.65 crore. And guess what? GST collections have soared from Rs 13.76 lakh crore to Rs 22.27 lakh crore in just five years. Talk about a tax transformation!