Clear starts crypto tracking, tax management for retail investors, firms

Move to help the users track their crypto portfolios across wallets and exchanges, and manage taxes on their transactions

Fintech SaaS firm Clear (earlier Cleartax) announced the launch of crypto tax and portfolio management platform for enterprises and individual users, in response to the Budget proposal to levy a flat 30 per cent tax on digital assets.

As the owner of India’s largest SaaS platform for e-filing and financial services, Clear would be partnering with the crypto exchanges to help such investors seamlessly manage and track their crypto portfolios across wallets and exchanges, said the company's statement.

The release added that Clear would not only assist investors with reporting their TDS, taxes, and GST level invoices and deposits but