Ethical Dimensions of the Artificial Intelligence-Driven Tax Ecosystem in India: A Comprehensive Analysis of the Faceless Assessment Scheme and Project Insight

Key Points

• This analysis assesses the ethical implications of AI integration in the Indian tax system, focusing on key initiatives.
• Comprehensive examination of the Faceless Assessment Scheme and Project Insight.
• Analysis of ethical dimensions surrounding AI applications in taxation.
• Comparative review of existing literature on AI in fiscal administration.
• Identified critical ethical concerns related to transparency and accountability in AI-driven tax processes.
• Observed the potential for improved efficiency but also risks of bias in automated tax assessments.