Problem Statement
The goal of this project is to provide advanced analytics powered Tax Intelligence Systems with the capabilities to address the following key issues to increase property tax revenue in the state:
- Low rates of tax filing,
- Delay in preparing Defaulter List
- Improve Tax Collection,
- A large Amount of unassessed properties.
Value Proposition
Key Elements of Solution includes & benefited customer to –
- Configure rules to identify the suspicious/anomalous behaviour of entities
- Build a comprehensive view of various entities including properties and taxpayers across the department
- Identify erroneous property assessments and Tax evasions
- Identify Revenue Leakage
- Build Tax Revenue Insights through dynamic analytics reports to help revenue improvement through quick decisions
- Build a complete Detection and Investigation framework
Solution Strategy
Data Management
- •Cross-Departmental Data Management
- •Data ELT & Data Quality Management
- •QKB Based Standardization
Fraud Detection Mechanism
- •Rule-based Intelligent System
- •Alert Generation Process
- •Entity Network Analysis
Fraud Investigation Mechanism
- •360 Degree of Property Profile
- •Tax Discrepancy / Gaps Analysis
- •Revenue Prediction