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Examining the Impact of Digitalization on Income Tax Planning in India

Vol 11 , Issue 1 , January - June 2024 | Pages: 88-105 | Research Paper  

 
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https://doi.org/10.17492/jpi.vision.v11i1.1112406


Author Details ( * ) denotes Corresponding author

1. * Ankit Chourasiya, Research Scholar , Department of Commerce, Dr. Harisingh Gour vishwavidyalay, Sagar, Madhya Pradesh, India (ankit9098151649@gmail.com)
2. Rupali Saini, Assistant Professor, Department of Commerce, Dr. Harisingh Gour Vishwavidyalaya (Central University), Sagar, Madhya Pradesh, India (rupalisaini2010@yahoo.in)

This study explores digitalization’s impact on income tax planning and management in India amid rapid technological advancements and a growing focus on digital finance. It assesses how digitalization influences income tax planning methods, compliance processes, and overall tax management efficiency. Through a thorough examination of relevant literature and empirical data, the research aims to provide insights into the benefits, challenges, and potential outcomes of digitalization in this context. Findings suggest positive effects, including improved process efficiency, enhanced transparency, increased taxpayer engagement, simplified compliance, and a better overall taxpayer experience. The majority of respondents support the adoption of digital platforms for income tax planning and management.

Keywords

Tax Planning; Digitalization; Tax Management

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