https://www.taxtmi.com/news?id=18732 Demonetisation led to intensified tax enforcement-marked increases in searches, seizures, surveys and admissions of undisclosed income-and the launch of Operation Clean Money to analyse large cash deposits using data analytics. Phase one identified and rapidly verified large numbers of suspect cases online; phase two applies differentiated enforcement and taxpayer engagement using integrated analytics, clustering and fund tracking. Concurrently, electronic and total return filings increased and new taxpayers were added, while advance and self-assessment personal income tax collections recorded strong growth, indicating expanded tax compliance and revenue mobilisation arising from deposit-data driven measures. en-us Thu, 31 Aug 2017 17:02:51 +0530 Thu, 31 Aug 2017 17:02:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18732 Demonetisation led to intensified tax enforcement-marked increases in searches, seizures, surveys and admissions of undisclosed income-and the launch of Operation Clean Money to analyse large cash deposits using data analytics. Phase one identified and rapidly verified large numbers of suspect cases online; phase two applies differentiated enforcement and taxpayer engagement using integrated analytics, clustering and fund tracking. Concurrently, electronic and total return filings increased and new taxpayers were added, while advance and self-assessment personal income tax collections recorded strong growth, indicating expanded tax compliance and revenue mobilisation arising from deposit-data driven measures. News - Thu, 31 Aug 2017 17:02:51 +0530 https://www.taxtmi.com/news?id=18732