Cleartax

ClearTax, Microsoft team up to simplify tax filing by gig workers

Online tax-filing platform ClearTax on Wednesday said it has partnered with Microsoft to develop a simplified solution that allows gig workers across India to file their taxes through WhatsApp. ClearTax has used Microsoft Azure OpenAI Service to develop a user-friendly solution that allows gig workers to file their taxes via WhatsApp, according to a statement. "The impact of this (initiative) has been swift and substantial. In just 5 weeks of launch, nearly 98,000 gig workers have been able to file their taxes with this new system. Moreover, all these individuals are set to receive several immediate economic benefits of this simplified scheme," the statement said. The Bengaluru-based firm plans to further extend this service to employers, enabling them to assist their blue-collar employees with tax filing and TDS refund claims, it added. "By making tax payment as easy as WhatsApp messaging, we're not just providing short-term relief -- we're expediting the long-term national object

ITR filing 2023: Here are some ways to file your income tax return

If an individual misses the deadline, he/she can still file a belated return until December 31

Income tax return: Cleartax introduces platform for auto filing of ITR-2

The ITR-2 is required for individuals and Hindu undivided families (HUFs) not earning through their business or profession but from capital gains, foreign income or agriculture

Clear starts GST e-invoicing generating services for large taxpayers

Firm says since the infrastructure is largely digital, it is simultaneously affordable, scalable, modern, secure and pervasive

Clear strengthens compliance suite; acquires CimplyFive for undisclosed sum

This is Clear's second company acquisition in 2022 after it acquired Xpedize, an invoice discounting platform, in March

Govt plans to make GST e-invoicing must for companies with Rs 5-cr turnover

At present, any firm with Rs 20-crore turnover is mandated to file this

Clear acquires supply chain financing tech firm Xpedize for undisclosed sum

Deal will help the acquirer quickly scale and lead the invoice discounting space

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

ClearTax to enter SME lending biz this fiscal, may tie up with banks, NBFCs

Company's business has come back to 70% of pre-Covid level now

ClearTax in a sweet spot for next wave of growth as GST proves game changer

The firm's tech platform for I-T and GST returns is currently used by 600,000 businesses, 40,000 CAs and tax professionals, and over 1,000 large enterprises

ClearTax raises $50 million in fresh funding led by Composite Capital

The company which started off with helping individuals file their personal taxes today has expanded into offering solutions for GST and E-waybills

Struggling to file GST? ClearTax launches offline billing software

The invoices can be easily uploaded on one-click to the online filing platform

ClearTax launches GST ready Bill book for SMEs, professionals and others

The Billbook for SMEs is a ready-to-use software platform that works both online and offline

ClearTax eyes 10% of small businesses after GST rollout

Firm hosts webinars, GST training for CAs, is developing exclusive GST solutions for businesses

I-T returns filing website ClearTax raises $12 mn in series A

company plans to utilise proceeds to hire top tier engineering talent from Silicon Valley

India shrugs its shoulders at fintech but sector still hot globally

Archit Gupta, founder and chief executive officer of ClearTax, had been working hard to secure investments. The market, he was told by most venture capitalists (VCs), was difficult. The investments in fintech just did not have the legs to pull in the big money deals. He managed to secure $1.3 million last month. This, he said, would set him on a course for the next 18 months. His aim is to have three million customers by the end of FY17. Currently, he is serving one million.Gupta isn't the only one who has been in what has been a segment globally considered hot. According to a report released by KPMG and CBinsights, VC investments in the first quarter of calendar year 2016 (CY16) crossed $4.9 billion globally across 218 deals.VC-backed deal activity rose 22 per cent in the first three months of CY16 on a quarterly basis, while overall fintech deals rose 39 per cent from the fourth quarter of CY15, stated the report."Fintech had a very strong start to the year, and with the recent multi