These days, sharing every small thing on social media has become a trend. But now if someone uploads pictures of his expensive car, expensive watch, luxury house and abroad, then he may have an income tax raid in your house.
Uploading photos on social platforms like Facebook, Twitter, and Insta can put you in trouble. This work is not done by a hacker but the government is doing so. The government will keep an eye on social media accounts.
The Income Tax Department is going to launch Project Insight from next month. Under this, they will have their eyes on the social media accounts of those who buy expensive things but do not give their information to IT.
This will be a small part of the fight against black money. The first department will collect information about such people and then analyze the income and expenditure patterns. For this purpose, the Income Tax Department has entered into an agreement with L & T Infotech last year.
For this, the entire department is preparing biometric database. This database will help IT, ED, Bank, NIA to prevent tax evasion. The department says that people hide tax by not giving the information, while promoting it on social media.
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