Finance Buddy

  Tax planning for individuals may get a boost as the government prepares to share the income and tax liability data of individuals with tax and investment planning portals on a real-time basis. But first, there might be a privacy hurdle to cross.

This system is meant to make financial planning for individuals easier as it would track their money habits and suggest better investment strategies to save taxes more efficiently. Notably, this was introduced in 2011-2015 and later withdrawn after reports of misuse of personal I-T data emerged.