How AI tools helped police unearth massive ₹70,000 crore biryani tax scam

In a startling turn of events, a routine inspection of biryani restaurants in Hyderabad has unveiled a staggering tax evasion scheme amounting to ₹70,000 crore. The investigation, initially aimed at ensuring compliance with tax regulations, escalated when authorities discovered widespread fraudulent practices within the food industry. Utilizing advanced artificial intelligence tools, police were able to analyze vast amounts of financial data, revealing intricate networks of businesses involved in this massive scam. The biryani tax scam not only highlights the challenges faced by tax authorities in monitoring compliance but also raises concerns about the potential for similar illicit activities in other sectors. Officials are now working to identify all parties involved and recover the lost revenue, demonstrating a commitment to tackling tax fraud in the country. This case serves as a critical reminder of the need for robust regulatory mechanisms and the integration of technology in law enforcement efforts to combat financial crimes effectively.
Originally reported by Hindustan Times India. Read original article
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