MUMBAI, India, June 30 -- Intellectual Property India has published a patent application (202641072944 A) filed by Saveetha Institute Of Medical And Technical Sciences on June 12, 2026, for Intelligent Tax Compliance System For Green Incentives Using Artificial Intelligence And Regulatory.
Inventors include Keerthna G; Induja. T; and Deepak Nallaswamy Veeraiyan.
The application for the patent was published on June 26, 2026, under issue no. 26/2026.
Abstract: The present invention discloses an intelligent tax compliance system for green incentives using artificial intelligence and regulatory analytics. The system is designed to automate the process of identifying, verifying, and claiming tax benefits associated with environmentally sustainable “ “activities. 1t“ comprises a“ data“ acquisition- module, data-processing-unit, Al-based-complianee engine, regulatory analytics module, decision engine, and reporting system. The Al engine analyzes financial and environmental data to determine eligibility for tax incentives and detect anomalies. The regulatory analytics module ensures real-time updates of tax laws and policies, while the fraud detection module prevents misreporting and greenwashing. The system generates detailed compliance reports that are legally admissible and can be submitted to tax authorities. By integrating advanced technologies, the invention enhances efficiency, accuracy, and transparency in tax compliance processes. It reduces manual effort, minimizes errors, and ensures that tax incentives are distributed fairly and effectively, thereby supporting sustainable development and environmental protection initiatives.
Disclaimer: Curated by HT Syndication.
