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Thursday, Mar 18th

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IBM wins $45 million contract from Indian Income Tax Department

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IBM Corp. has won a $45 million contract to modernize the information technology infrastructure of India's income tax department, the U.S. company said Thursday.

Under the 5-year contract, IBM will integrate the three data centers of India's Central Board of Direct Taxes, or CBDT, and upgrade services at the department's 745 offices spread across 510 cities, the company said in a statement.

The project would add to CBDT's efforts to improve tax enforcement and increase tax collections, the statement said.

 

 

 

"The objective is to improve efficiencies by creating a standardized ecosystem through a single database available to CBDT officers across India," the statement said.

IBM will also offer solutions that will allow CBDT to quickly accommodate new or amended tax legislation and priorities.

 

"This partnership brings to the customer IBM's unique capability in the tax domain having executed similar large projects globally," the statement quoted Shankar Annaswamy, IBM's India head, as saying.

"This project will be a reference for both the (Indian) government and IBM as a showcase of a public-private partnership model," he said (via release)

 

As a part of Indian Income Tax Department's dedication for improvements, Income Tax Department has started their own blog. The moment you login to http://incometaxindia.gov.in, you will see a marquee text moving on top -- "New Income Tax".

 

The blog is to capture tax-payer views and feedback. The blog will provide I-T Department new perspectives on ITD operations and functioning.

 

Looks like they are also learning the "Blogging" as I saw only one post on the blog and when you click on "Read More..", it in fact doesn't show the summary. :-).

 

The first Post is

 

"Whether those assessees who have filed this years i.e. asst. year 2007-08 return in April in 2 D form will need to file the return for this year again in the new form"

 

 

But still this was a good effort from I-T department.

 

So now you know where to go for getting latest updates about Income Tax Department.

 

 

 

 

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