back Back

Clear’s ITR filing portal records a 3X increase in tax filings

By Leandra Monteiro

October 04, 2021

  • Clear
  • ClearTax
  • FinTech
Share

Clear, ITR, Tax FilingAs taxpayers see an increase in glitches on the ITR platform, there has been a sharp increase in tax filers opting for tax filing through chartered accountants and tax experts this year. FinTech SaaS firm Clear saw a sharp increase of 3X in filings through tax professionals this year.

The firm has Taxcloud, the top platform for tax consultants and CAs for filing income tax returns for their clients. The platform enables Tax Experts to compute tax, review allowed deductions as per Income Tax Act, and files the returns for the clients. Its automated processes like upload FORM-16, upload capital gains and 26AS, and BSP helps users minimize their manual work and prepare their IT returns in less time. The platform also helps tax experts track all their clients from one dashboard thus easing client management.

This year, the platform saw a 45% increase in CAs and tax expert sign-ups too as tax experts. Presently, there are over 200,000 tax professionals who filed income tax for over 2.5 million people on Taxcloud. Professionals from remote areas of India have joined the platform as they have seen a massive increase in demand for their services. These tax professionals were from 623 districts including cities like Kakinada, Akola, Rupnagar, Kharagpur, among others.

The easy user interface, built-in automation, and validations combined with client management capabilities make TaxCloud a preferred choice amongst Tax Experts and CAs alike. TaxCloud is free of cost for its users.

Previous Article

October 04, 2021

Institutional investors and wealth managers to invest in crypto assets

Read More
Next Article

October 04, 2021

ThreeD Capital announces Peak Fintech completes acquisition of Cubeler

Read More








IBSi Daily News Analysis

UAE

February 27, 2024

Clear

Saudi Arabia’s FinTech market poised for exponential growth: vision 2030 sparks innovation surge

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

February 27, 2024

GBST unveils WealthConnect upgrades to enhance adviser market efficiencies

Read More

February 22, 2024

Revolut launches Robo-Advisor to automate investment processes

Read More

February 19, 2024

NatWest welcomes Paul Thwaite as new Group CEO

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023