Quick Summary
India's large taxpayers, ranging from corporations and multinational companies to foreign institutional investors, may soon transition to near-fully automated tax compliance as the central government expands Application Programming Interface (API) access across its tax administration systems. Accor
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FAQ :
The main benefit is the potential for large taxpayers to achieve near-fully automated tax compliance, reducing manual follow-ups and improving accuracy by integrating government systems directly into their internal workflows.
API access has already been enabled for Goods and Services Tax (GST) platforms. Access for direct taxes administered by the Central Board of Direct Taxes (CBDT) and customs systems is expected in the next phase.
APIs allow authorised third parties, such as consulting firms and tax-technology providers, to connect corporate accounting systems with tax portals. This enables AI-based tools to automate filings, validations, and status monitoring with minimal human involvement.
Under GST, APIs are already being used by companies to track vendor MSME classification, ensure compliance with payment rules for MSMEs, and automate reconciliations and vendor-level compliance checks.
Large taxpayers, including corporations, multinational companies, and foreign institutional investors, are expected to benefit the most due to their complex compliance needs across multiple tax regimes.
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