LTIMindtree Secures ₹3,000 Crore CBDT AI Tax Platform Project | Quick Digest
LTIMindtree's shares surged over 4% after winning a significant ₹3,000-crore, seven-year contract from the Central Board of Direct Taxes (CBDT) for its AI-powered 'Insight 2.0' tax analytics platform. This mandate reinforces LTIMindtree's position in India's digital transformation initiatives and drove positive market sentiment.
LTIMindtree won a ₹3,000-crore contract from India's CBDT.
The project, 'Insight 2.0', is for an AI-powered tax analytics platform.
LTIMindtree shares jumped over 4% on January 16, 2026, due to the news.
The seven-year mandate aims to modernize India's national tax system.
The contract strengthens LTIMindtree's presence in government digital transformation.
This is a separate and larger contract than the earlier PAN 2.0 project.
LTIMindtree, a global technology consulting and digital solutions company, witnessed a notable surge in its share price, jumping over 4% on January 16, 2026, following the announcement of a substantial contract win. The company secured a ₹3,000-crore, seven-year mandate from India's Central Board of Direct Taxes (CBDT) for the 'Insight 2.0' project. This significant order involves building and modernizing India's national tax analytics platform, leveraging advanced artificial intelligence (AI) and data analytics.
The 'Insight 2.0' program is designed to enhance real-time analysis and decision-making capabilities for tax authorities, signifying a major step in the Indian government's digital transformation agenda. The long-term nature of the project provides LTIMindtree with substantial revenue visibility and solidifies its position as a key player in delivering large-scale digital solutions for the public sector. Investors reacted positively to the news, with the stock climbing up to 4.31% to ₹6,290, and some reports indicating an intraday high of nearly 6%. This contract win builds on LTIMindtree's robust financial performance, as evidenced by its Q2 FY26 results where consolidated net profit increased by 11.72% quarter-on-quarter. It's important to distinguish this project from another CBDT contract, the 'PAN 2.0' project worth ₹792 crore, awarded to LTIMindtree in August 2025, which focuses on transforming India's PAN infrastructure. The latest 'Insight 2.0' deal further strengthens the company's partnership with the Government of India in its e-governance initiatives.
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