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that is really advanced analytics," Jalona said."That is really advanced analytics. He, however, asserted that margins will not be diluted as the company undergoes this change.It can be noted that in its efforts to shore up tax collections in a country with among the lowest tax to GDP ratios among its peers, the govement has decided to use the best that data analytics offers.The technology, which is basically a ledger that is not held by one person, but multiple parties in an open architecture, can be used very effectively for land records, Jalona said. If his wife is going to Seychelles and putting photos on Instagram, we will capture it .

Its not a small deal," LT Infotech chief executive and managing director Sanjay Jalona told PTI.This project involves plan and machinery optimisation for the company through interventions like sharing of high cost assets, he said.He said the proportion of digital revenues will keep growing and possibly in two years, everything may be digital for the industry.

The ambitious initiative to use social media analytics to identify tax non-compliance is a $100-million project for the infotech arm of engineering giant Larsen & Toubro, according to a company official.     Jalona said apart from the work on the CBDT project, the company, which was listed last year, is working on other high value digital deals well like a project to digitise parent L&Ts construction vertical "at the core".He said the company is also focusing strongly on blockchain and pointed out to a slew of examples of work with Indian, China Hosiery Machinery Suppliers American and European clients on the front..Jalona said the company is investing continuously in emerging digital technologies, which now constitutes 30 per cent of its revenue. Now, that is like a $100-million deal for us."We are creating a systematic web on a person.Since the note ban last November, the govement has been putting in lots of efforts to plug the loopholes in the taxation system using advanced technology and the attempt got an added focus since the Reserve Bank in June had admitted that as much 99 per cent of the banned banknotes had retued to the system, negating the stated intent of cancelling 87 per cent of the notes in circulation..A news report last month had said it was a multi-year contract where LTI would operate on a build-own-operate-transfer basis.Terming the work awarded by the Central Board of Direct Taxes (CBDT) as a "high volume digital deal", he elaborated that the project involves creating a semantic web where web pages are structured and tagged in such a way that can be directly read by the computers.