Instagram will now help Modi catch tax evaders
Modi is following you on Instagram.
If you think Mr. Modi is keeping an eye on your bank account then you are probably missing the trick. One photo is all it takes for Mr. Modi to catch hold of you! Well there, Narendra Modi is taking charge of Instagram like a boss and keeping an eye on your social media.
Your newly bought car, a fancy farm house, an expensive neckpiece or just anything that you post on Instagram in under surveillance. Next month onwards, Prime Minister Narendra Modi led government is planning to keep an eye on social media accounts by introducing a new warehouse of virtual information. This project will be called Project insight.
Project insight has been built over a period of seven years at a cost of about 10 billion rupees ($156 million). It is the world’s largest biometric identity database that has been built till date. Project insight is introduced right after GST for a purpose, making it the most sought after tax overhaul policy till date.
With countries like Belgium, Australia, Canada already using big data to pull out tax evasion from the system, India follows. Project insight is similar to UK’s Connect that was built at a cost of 100 million pounds.
L&T Infotech Ltd. – an arm of India’s largest engineering conglomerate was contracted by the government to help build the network. The chief executive officer and managing director of L&T Infotech, Sanjay Jalona said, it is a long term project.
Escape tax if you can!
—PTC News
