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    <title>Income Tax Department signs contract with L &amp; T Infotech Ltd for implementation of Project Insight</title>
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    <description>The Income Tax Department contracted L &amp; T Infotech Ltd to implement Project Insight, a multi phase IT platform to centralize taxpayer databases for data mining and targeted analytics to widen the tax base and detect non compliance. The platform will support automated third party reporting oversight, quality controls, and a streamlined data exchange with government and international partners to implement FATCA IGA and CRS reporting. A Compliance Management Centralized Processing Centre (CMCPC) will handle preliminary verification, campaign management, bulk letters/notices and follow up, and enable online resolution of simple compliance issues.</description>
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