Around the world, businesses continue to evolve rapidly. Momentous advancement is being witnessed in the field of technology and its role in the day-to-day operations of businesses. In this scenario, there is an unprecedented potential for emerging technologies that will reshape how work is done, how businesses grow, and how markets and industries evolve. With dramatic changes in tax landscape and tax authorities, tax payers are looking for innovation in tax management. Consequently, there is a great need for organisations to invest proactively in their tax functions in this fast-changing business and regulatory environment.