The Hindu·2 min read·medium

CM for use of AI to augment GST revenue

T
The Hindu Bureau
CM for use of AI to augment GST revenue
AI Summary

Telangana Chief Minister A. Revanth Reddy is advocating for the use of Artificial Intelligence to significantly increase the state's GST revenue and streamline its economic systems. He held discussions with economist Arvind Subramanian to develop a comprehensive action plan, focusing on reforms in commercial taxes and preventing revenue leakages, particularly in the construction sector. The initiative aims to simplify processes, ensure ease of doing business, and connect various public services through AI.

Chief Minister A. Revanth Reddy has favoured a comprehensive action plan to leverage Artificial Intelligence in augmenting GST revenue of the State.

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