India will launch a new initiative next month aimed at increasing its 17% tax-to-GDP ratio by using data from social media sites and banks to build up a picture of residents' spending habits, according to anonymous insiders. Safeguards are must'Some The government is expected to announce the plan in New Delhi on April 15, said one person familiar with the matter. The big data model is similar to those used by Belgium, Canada and Australia, and will be rolled out in three phases.
India will launch a new initiative next month aimed at increasing its 17% tax-to-GDP ratio by using data from social media sites and banks to build up a picture of residents' spending habits, according to anonymous insiders. The government is expected to announce the plan in New Delhi on April 15, said one person familiar with the matter. The big data model is similar to those used by Belgium, Canada and Australia, and will be rolled out in three phases.