MUMBAI, India, Jan. 9 -- Intellectual Property India has published a patent application (202511115481 A) filed by Nims University, Jaipur, Rajasthan, on Nov. 22, 2025, for 'a system and method for tax planning.'
Inventor(s) include Krishna Kant Sharma.
The application for the patent was published on Jan. 9, under issue no. 02/2026.
According to the abstract released by the Intellectual Property India: "The invention relates to an AI-enhanced system (100) and method (200) for personalized tax planning and compliance optimization. The system (100) comprises a machine learning module (101) for analysing encrypted user financial data (102), a tax optimization engine (103), and a real-time tax law update module (104). It further includes a scenario modelling engine (105), a predictive tax liability forecasting module (112), and an automated tax strategy adjustment module (113). A natural language interface (107) facilitates user interaction, and a data encryption and security module (108) ensure privacy using blockchain. The method (200) includes steps of receiving and encrypting data, analysing it, generating strategies, updating with legal changes, and forecasting liabilities. The invention offers scalable, adaptive, and secure AI-driven tax planning for individuals and enterprises."
Disclaimer: Curated by HT Syndication.
