The government is using Data Analytics, Big Data, Artificial Intelligence and Machine Learning to make the tax system more effective.
The FIIs eagerly await the monetary policy on February 8, where they expect a rate push to facilitate the economic growth the Budget envisions, Shilpa Kumar, MD and CEO, ICICI Securities.
A Parliamentary panel today asked the government to make strenuous efforts for widening tax base which has not grown in tandem with increase in growth in income and wealth over the years.
Today, the Chairman of the Central Board of Excise and Customs (CBEC), S Dutt Majumder told CNBC-TV18 that the government could consider a negative list for services before introducing the goods and service tax (GST).