The Income Tax department is gearing up to use identity-search technology to manage the swelling database of taxpayers, a move that will make tax evasion difficult and bring to book habitual defaulters.
In order to effectively manage the database of taxpayers, the Director General of Income Tax (investigation) has invited bids from companies for developing a software, which can under- take identity search of taxpayers across the country
THE DIRECTOR
General of Income Tax (investigation) has invited bids from companies for developing a software, which can undertake identity search of taxpayers across the country.
The department will use identitysearch technologies to map the profiles of taxpayers, with all expenditure undertaken by them during the year The exercise will also include matching of names, addresses, dates of birth and Permanent Account Numbers (PAN).
The software should be able to manage "about four million records in PAN, around 1 million records from online tax accounting system and assessment system and about 4 million records of external data for each installation, the department said, while inviting bids from companies. The total data volume of taxpayers is expected to be between 10 million and 20 million records in each installation, de- pending on the location, it said.
The income tax department has already received clearance from the finance ministry last year to carry out comprehensive profiling of individual taxpayers for plugging revenue leakage and stamping out money laundering.
Source: Hindustan Times, Jan-28-2008
