Digital Data Exposes INR 200 Cr Tax Evasion

• Union Finance Minister Nirmala Sitharaman defended the new Income Tax Bill, 2025 in Parliament, emphasizing digital surveillance.
• She highlighted the role of encrypted messages and digital data in uncovering financial fraud and tax evasion.
• WhatsApp messages and Google Maps history were crucial in detecting unaccounted wealth linked to crypto assets.
• The new bill underscores the growing importance of digital tools in financial governance.
• This development marks a significant step in leveraging technology to combat financial crimes.

Source: Inc42