IIMB inks MoUs with govt for tax admin

IIMB inks MoUs with govt for tax admin

Program directors from IIMB and Director G Raghuram along with the officers from Commercial Taxes Department (CTD)

Indian Institute of Management (IIM), Bangalore and Commercial Taxes Department (CTD), Government of Karnataka, signed two MoUs (Memorandum of Understanding) on Wednesday to make tax administration more data driven.

The two MoUs, one for capacity building programmes for the CTD officers for three years in the institution and the other seeking collaborative effort for big data analytics for tax administration, are aimed at helping the government to raise the bar in tax administration.

“This is a paradigm shift in the approach of the Government of Karnataka with its vision for the future, to stabilise tax administration supported by IIM-B, to bring professionalism in tax administration and to build a platform for Commercial Taxes Department for big data analytics for revenue stabilisation by providing solutions through research and analysis,” the Indian Institute of Management -Bengaluru said in a release.

Indian Institute of Management-Bengaluru conducted training for 123 senior management-level officers during the current financial year. This helped Commercial Taxes Department officials realise the objective of capacity building.

Later, the state government granted permission to the department to facilitate training for 360 officers for the next three years, with 120 officers per financial year.

The institute would design and conduct training programmes in capacity building with module-based training to enhance the managerial ability and efficiency of the officers in the department.