India's Income Tax Department leverages AI and data analytics, including Project Insight and the Annual Information Statement (AIS), to monitor financial transactions, especially high-value ones. This blog explains how the system works, which transactions are watched, the implications for taxpayers, and how to ensure compliance in this new technological era.

With its streamlined tax rules, updated tax slabs, AI-powered tax administration, and improved compliance procedures, the New Income Tax Bill 2025 is poised to completely transform India's tax structure. This blog examines the main modifications, contrasts them with the Income Tax Act of 1961, and talks about how they affect investors, companies, and taxpayers.