By IANS,
Mumbai : Information technology major Tata Consultancy Services (TCS) has bagged a contract from the Uganda Revenue Authority (URA) to design and install an integrated tax administration system in that country.
The $11.5-million project is being funded by the UK government’s Department for International Development (DFID), the Netherlands, Belgium and Uganda.
The new system will manage all domestic taxes and duties for URA, including income-tax, value-added tax, withholding taxes and other excise duties.
“The new system will reduce IT and operational costs and processing cycle times, while improving fiscal transparency and financial accountability,” TCS chief operating officer and executive director N. Chandrasekaran said.
The system will also have round-the-clock citizen portal which will bring about transparency to tax administration.
“This will allow taxpayers online access to all information pertaining to tax administration. They will be able to submit forms online, track application status and make electronic payment,” said TCS vice president and head of global government unit Tanmoy Chakrabarty.