Get All Access for $5/mo

Revenue Department Officials To Be Trained To Use Modern Technology Tools, Says Nirmala Sitharaman The finance minister also added that, internationally, tax authorities are using IoT technology to automate the scanning of goods using e-seals, QR codes and X-ray scanners

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

N Sitharaman Office Twitter handle

Union finance minister Nirmala Sitharaman, on Wednesday, said that revenue department officials should be trained to use modern technology tools to plug leakages. She was speaking at the inaugural ceremony of Kendriya GST Parisar, a CGST Mumbai zone residential complex.

"Training officials, especially the junior ones, can be of help. Sooner, we will be putting through in different parts of the country, a training so that each one of you will feel comfortable to use technology to assist you to make sure that leakages are plugged," said finance minister in a statement.

Sitharaman also added that better utilization of artificial intelligence tools and data deep dives can help officials detect revenue leakages. As per minister's statement, "The training module to be followed by implementation in daily work will also help reduce the stress from the job for revenue department personnel who are keen to plug leakages."

The minister also praised the work being done by the revenue department, Sitharaman added that, "The work being performed is visible every month in the robust GST collections and the officials who are performing well do not require any nudge."

Sitharaman also spoke about the discussion she had with revenue secretary Tarun Bajaj and central board of indirect taxes chairman Vivek Johri. As per minister's words, "I have had a conversation with Tarun Bajaj and Vivek Johri. I have requested that training be given on better utilization of artificial intelligence, data deep dive, IoT. So that we can use technology to detect where leakages are happening and where mischief makers are gaming the system, claiming wrong refunds, creating shell companies and colluding with the rare black sheep in the system."

The minister also added that, internationally, tax authorities are using IoT technology to automate the scanning of goods using e-seals, QR codes and X-ray scanners.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
News and Trends

Battery Smart Raises USD 65 Mn in Series B to Boost EV Battery Swapping Network

Orios Venture Partners achieves a 29x return with a strategic partial exit from Delhi-based EV startup, enhancing early-stage investment success.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Money & Finance

Avoid These 10 Mistakes Entrepreneurs Make with Money

Despite the challenging statistic that only 5% of startups survive beyond five years, common financial pitfalls often contribute to their failure. Through personal observation, I've identified the prevalent financial mistakes made by entrepreneurs.

Growing a Business

How Visionary Leaders Transform Curiosity Into Groundbreaking Ideas

Lee Brian Schrager, founder of the South Beach Wine & Food Festival, discusses the spark that launched FoodieCon, his best practices for running popular food events, and why all business owners need to adapt to social media trends.

Thought Leaders

4 Steps You Need to Follow to Make It Through Any Crisis With Your Company Intact

The steps we take before a crisis define our team's future resilience in the face of one. Here's what you need to do to prepare for a crisis of any kind at any time.

Leadership

How His Personal Battle With Cancer Inspired This Founder's Solution for Patient Care

On this episode of "The Founder CEO," Michael O'Neil, founder and CEO of GetWellNetwork, discusses his inspiring journey as a leader and the transformative role of AI in healthcare.