IBM wins Rs 205 cr deal from CBDT

IBM wins Rs 205 cr deal from CBDT
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First Published: Fri, Jun 08 2007. 11 32 AM IST
Updated: Fri, Jun 08 2007. 11 32 AM IST
By PTI
New Delhi: Global technology major IBM today said it has bagged a five-year contract from India’s Central Board of Direct Taxes (CBDT) worth Rs 205 crore (45 million) to modernise its IT infrastructure.
Under the deal, IBM would offer integrated infrastructure solutions to CBDT’s three data centres in Delhi, Mumbai and Chennai and facilities management services for the Income Tax Department across 745 offices, a IBM statement said.
The project would create a standardised ecosystem through a single databse available to all CBDT officers across India, it said.
India’s income tax collections currently total about 5% of the country’s gross domestic product, much lower than levels in other economies with similar features. Tax evasion is widespread in India and attributed largely to poor enforcement of tax rules and lack of adequate information on people’s incomes.
“The objective is to improve efficiencies by creating a standardized ecosystem through a single database available to CBDT officers across India,” the statement said.
IBM will also offer solutions that will allow CBDT to quickly accommodate new or amended tax legislation and priorities.
“This partnership brings to the customer IBM’s unique capability in the tax domain having executed similar large projects globally,” the statement quoted Shankar Annaswamy, IBM’s India head, as saying.
“This project will be a reference for both the (Indian) government and IBM as a showcase of a public-private partnership model,” he said
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First Published: Fri, Jun 08 2007. 11 32 AM IST
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