TG Keen On AI In Tax Mop-Up, Says Sridhar
TG Keen On AI In Tax Mop-Up, Says Sridhar
Hyderabad: IT and Industries Minister Dudilla Sridhar Babu has expressed keen interest in the capabilities of ‘Aleria AI’ technology, which aims to enhance State’s tax revenues and minimize revenue losses. The Minister reviewed a presentation by representatives of Aleria AI here at the Secretariat on Tuesday.
The representatives explained that by integrating this offline tool with government departments, it is possible to recover up to 30 per cent of revenue currently being lost. They also highlighted that Aleria AI can ensure only eligible beneficiaries receive benefits under various schemes, thereby promoting transparency and efficiency.
Aleria AI, which has headquarters in France and the UAE, has authorised IBT Innovations and Innologic Technologies to market its technology in India. The delegation that met Minister Sridhar Babu included IBT CEO Mansoor Ali Khan, Aleria CEO Eric Leandri, and Innologic CEO Shiva Dondapati, among others.