LTIMindtree Wins Rs 3,000 Crore CBDT Contract for AI-Based Tax Analytics Platform
2 hours agoBusiness
30LENS
6 SourcesIndia
TBNthebalanced.news

LTIMindtree Wins Rs 3,000 Crore CBDT Contract for AI-Based Tax Analytics Platform

LTIMindtree has secured a Rs 3,000 crore, seven-year contract from the Central Board of Direct Taxes (CBDT) to develop an AI-powered national tax analytics platform aimed at modernizing India's tax system. This Insight 2.0 project will provide real-time insights for policymakers and enhance tax administration, including improvements to PAN and TAN services. The deal marks LTIMindtree's second major government contract this fiscal year and supports CEO Venu Lambu's strategy to boost revenue amid economic challenges.

Political Bias
0%100%0%
Sentiment
74%