India, Aug. 2 -- The fundamental design problem for the coming decade is the divergence between the growth of the taxpayer base and the volume of third-party financial data.

Government of India has undertaken a fundamental shift in governance in the recent years Trust-based administration is grounded on the latest research on human behavior to improve outcomes of public finance by making tax systems and spending rules more transparent, predictable, and easier to comply. It raises voluntary compliance and lowers enforcement costs. When government engages citizens, explains trade-offs clearly, and apply rules, then mutual trust reduces leakages, improves targeting, and makes public money deliver more value

This transition is visible in la...