Excise and Taxation dept embraces AI to boost state revenue

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The Excise and Taxation Department is taking a bold step towards increasing revenue and strengthening its capacity by embracing modern techniques, including the utilization of Artificial Intelligence (AI). With approval from the Cabinet, the department is set to implement the Revenue Enhancement and Capacity Augmentation project, aimed at mitigating revenue losses associated with the Goods and Services Tax (GST).

By employing cutting-edge tools and hiring experts in the field, the department aims to swiftly address tax evasion, ultimately bolstering the state’s financial resources. This project will introduce real-time data on GST defaulters, ensuring improved oversight and facilitating informed decision-making processes.

Read more at : The News Himachal

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