Caution! IT Dept is keeping an eye on your social media posts
Social media allows the IT department to glimpse peoples' spending habits and tally such expenses with their disclosed incomes. When estimates are tallied with tax individuals have paid, it grants insights that are useful to the IT department.
- Jun 19, 2019,
- Updated Jun 25, 2019 4:56 PM IST
Social media is a powerful influence in modern society because it allows people to remain in constant touch with everyone they want. Companies take advantage of the vast quantities of data generated on social media. Data shared by individuals on social media allows companies to market products better and understand consumer behaviour.
Social media plays a part in influencing elections and is central to many people and businesses. An average Indian spends more than 4 hours every day online, a significant amount of this time is spent on social media. Now it seems the government also wants to get in on the action.
Among wealthy Indians being ostentatious is commonplace and social media is the newest platform where excess is displayed. Recently the government realised that social media can be a powerful tool to detect those who evade taxes. Coming a few short years after a number of massive frauds by prominent Indian businessmen, the IT department perhaps expects to prevent such occurrences in future by monitoring what people post online. Some in the Indian government may believe that had they paid more attention to what had been posted online by individuals who defrauded crores, it could have prompted a timely response.
Social media is a powerful influence in modern society because it allows people to remain in constant touch with everyone they want. Companies take advantage of the vast quantities of data generated on social media. Data shared by individuals on social media allows companies to market products better and understand consumer behaviour.
Social media plays a part in influencing elections and is central to many people and businesses. An average Indian spends more than 4 hours every day online, a significant amount of this time is spent on social media. Now it seems the government also wants to get in on the action.
Among wealthy Indians being ostentatious is commonplace and social media is the newest platform where excess is displayed. Recently the government realised that social media can be a powerful tool to detect those who evade taxes. Coming a few short years after a number of massive frauds by prominent Indian businessmen, the IT department perhaps expects to prevent such occurrences in future by monitoring what people post online. Some in the Indian government may believe that had they paid more attention to what had been posted online by individuals who defrauded crores, it could have prompted a timely response.