360 DEGREE MAPPING
it is a scientific term mostly used in criminology & it implies surveillance of phones, verification of spending on credit cards, mutual funds, stock market & property registrars & collating information about excise, customs, service & income tax paid by corporates in order to ensure better tax assessment. the Income tax department in india has also decided to prepare a 360-degree tax profiling of individual taxpayers in the country to control tax evasion, revenue leakage & money laundering. the IT department may now map the profiles of individuals taxpayers to take their tax data in record. the government may keep an eye on the surveillance of phones, verification of spending on credit cards, mutual funds etc., to make sure that the better tax assessment of corporate has been done according to it.
Last edited by Nethra K Putti; 01-24-2008 at 03:16 PM. Reason: adding
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