Most CFOs in India see GenAI boosting tax function efficiency: Report

Most of the CFOs as well as finance and tax leaders in India believe generative AI (GenAI) will significantly enhance the effectiveness of their tax functions, said a study on Thursday.

Globally, 87 per cent of leaders echo this sentiment, underscoring GenAI’s potential to revolutionize tax functions worldwide, said a EY Tax and Finance Operations (TFO) Survey 2024.