Data analytics in Tax
Data and analytics drive all things digital. You may already be using big data to track and improve customer activities and experience. Now, managing tax big data and leveraging it for better visibility of your tax obligations, risk management and planning has become a critical success factor as well.
How EY can help
Following the global digital megatrends in tax, the Indian tax administration has also set foot on the path to digital change. The Indian tax department is investing heavily in adopting a technology intensive platform for compliance, reporting and audit including adopting use of analytics to increase tax base/ compliances.
EY‘s network of dedicated professionals in India combines technical knowledge with industry experience and regional and cultural understanding. With access to technologically advanced tools and methodologies, we identify risk areas and sustainable planning opportunities for indirect taxes throughout the tax life cycle, helping you to meet your compliance obligations and business goals around the world.
We provide you with useful processes to help improve day-to-day reporting, reduce errors and costs, and enable indirect taxes to be handled correctly in transactions. Our highly globally integrated network of teams give you the perspective and support you need to manage indirect taxes effectively.
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