“Budget 2017 highlights the government’s focus on enforcing greater transparency and accountability with a clear attempt being made to widen the tax base. Finance Minister Arun Jaitley made several references to using data mining to improve the efficiency of the various tax departments specifically with regards to transforming India from a cash driven to a digital economy using new measures such as Aadhar Pay. This is a step in the right direction which will have a relevant impact in widening the tax base and make India fiscally stronger and have a positive impact on national growth and development.”
Sunil Jose, Managing Director, Teradata India