India taps on private sector to aid in tax reform initiatives and build more efficient tax management systems

Briefing

India taps on private sector to aid in tax reform initiatives and build more efficient tax management systems

December 8, 2016

Briefing

  • Simplified tax system – New GST tax rules applies single tax rate for all goods and services, which include national, state and inter-state taxes, breaking away from India’s complex tax laws
  • Infosys government contract – Government recently awarded $207 million contract to Infosys to develop underlying infrastructure of new tax network in five years
  • Tech sector involvement – Released developer APIs for startups to work on features such as authentication, return filing and record keeping in new tax system

Accelerator

Sector

Government (excluding military), Information Technology

Source

Original Publication Date

October 10, 2016

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