Project Insight Current Affairs - 2020

Government to launch Project Insight

The Union Finance Ministry is planning to launch ‘Project Insight’ from October 2017 to monitor high value transactions and detect tax evaders using technology with a view to curbing circulation of black money. To implement the project government has signed contract with Information Technogolgy major L&T Infotect Ltd.  The project will add to list of Read More…

Income Tax Department to launch Project Insight in May 2017

The Income Tax department is planning to implement the first phase of ‘Project Insight’ from May 2017 to monitor high value transactions, with a view to curbing the circulation of black money. This project has been initiated for data mining, collection, collation and processing of such information for effective risk management with a view to widening and Read More…