Indian software firm, Tata Consultancy Services, has won an $ 11.5-million contract to design and install the Uganda Revenue Authority's tax administration system, the company has said.

The project, funded by Belgium, Britain, the Netherlands and Uganda, will bring in a new system that is to cut costs and processing-cycle time while improving fiscal transparency and financial accountability, it added.

"A suite of applications would be developed for effecting and monitoring key activities of a tax administration like registration, returns, payments, assessment, tax-payer accounts, audit, compliance, objections, appeals and investigations," Tata said in a statement received here.

Uganda, alongside many African nations, has lost revenue due to ineffective tax collection systems.