New Delhi, Jan. 16 -- LTIMindtree Ltd won a contract valued at Rs.3,000 crore ($332 million) from the Central Board of Direct Taxes (CBDT), making it the third-largest order for the IT services company in the past 12 months.

The contract is to build an AI‑powered programme for the modernization of India's national tax analytics platform, LTIMindtree said in a stock exchange filing on Friday.

"Valued at around Rs.3,000 crore, this seven-year mandate reinforces LTIMindtree's leadership in enabling digital transformation leveraging advanced digital architecture and data analytics to deliver real-time insights for policymakers," the company said in the release.

This translates to at least $47 million every year, or 1% incrementally, ...