An Investigation Into To The Use Of Artificial Intelligence In The Indian Tax System
C.D.N.RAKKINI, G.MADHU SUDHANAN - · International Journal For Multidisciplinary Research · 2024
Indian taxation is main source of public finance in developing economy. The Indian tax system has long been plagued by issues including tax evasion and ineffective administration. Tax administration systems must constantly be designed to reduce errors and speed up decision-making. The Indian tax system is beset by a shortage of workers to do labor-intensive duties including data input, return inspection, tax audits, etc. The Indian government recently announced the use of artificial intelligence and machine learning in the tax assessment system in order to handle the evolving tax landscape in conjunction with the use of analytics. In the field of taxes, artificial intelligence, or AI, is a relatively recent development.