LTM to modernise India’s tax analytics platform leveraging NVIDIA AI technology

LTM, previously known as LTIMindtree, is in focus after the company announced leveraging NVIDIA’s AI technology to modernise India’s Tax Analytics Platform. Following the announcement, shares of LTM jumped nearly 1% on the NSE at ₹4,655 apiece.

The exchange filing read, “LTM (Name change from LTIMindtree, subject to shareholder approval) – The Business Creativity partner to the world’s largest enterprises, today announced it is collaborating with NVIDIA to support the Central Board of Direct Taxes (CBDT) in modernising India’s national tax analytics platform under the Insight 2.0 initiative.

The nation’s seven-year mandate aims to bolster tax administration with scalable AI and advanced analytics. As part of the Insight 2.0 program, LTM will deploy a secure cloud environment powered by NVIDIA AI infrastructure to simplify workloads and provide real-time insights for CBDT. LTM’s BlueVerse serves as the intelligence backbone of the entire program, enabling AI integration across all operational layers of the tax platform, supporting features such as a smart citizen portal, automated campaign management, enhanced case workflows, and AI-driven helpdesk assistance.”

Commenting on the development, Gururaj Deshpande, Chief Delivery Officer, LTM, said, “We are excited to work with NVIDIA and contribute to this critical public service program. This collaboration combines NVIDIA’s deep AI expertise with LTM’s BlueVerse platform and lays the foundation for transparent, resilient, and citizen-friendly tax administration at scale”.

LTM share price has fallen nearly 27% in February amid broad based selloff in the IT stocks after Anthropic AI’s new model threatened the existing software services model by making them obsolete with the latest AI advancements. However, the optimism around the IT stocks is starting to build momentum after many IT and software companies are integrating AI models to increase productivity and output at a scalable level.