Cleartax, a Software as a Service (SaaS) platform in India for Chartered Accountants (CAs) and Tax Experts, has announced strategic partnerships with OYO and other companies across various industries for the upcoming Income Tax Return (ITR) season. These collaborations aim to provide their employees with a range of benefit programs and resources to help them address their compliance and tax-related concerns. The partnerships include some of the largest employers in the travel and hospitality, IT, healthcare, pharma, retail, e-commerce, and consulting sectors.
Cleartax has revealed that around 70 lakh employees have already benefited from these partnerships, marking a 25% increase compared to the previous year. As part of these collaborations, Cleartax offers exclusive discounts and offers on ITR filing services tailored specifically for these companies. This ensures that employees receive affordable and efficient solutions for their tax filing needs. To enhance awareness and facilitate seamless communication, informative sessions are conducted through help desks, webinars, engaging content, and dedicated live chat support. A team of dedicated Relationship Managers is available 24/7 to address any employee questions or concerns, ensuring a smooth and hassle-free tax filing experience.
In addition, Cleartax has introduced its RSUs (Restricted Stock Units) and ESOP (Employee Stock Ownership Plan) tax management feature, as well as crypto tax filing for cryptocurrencies, this year. This innovative solution enables employees to automatically calculate and file taxes on the exercise of these stock options, streamlining the process and ensuring accurate tax calculations. Recognizing the need for personalized assistance, Cleartax has also launched a CA-assisted plan that has gained significant interest from HR departments. This plan provides comprehensive tax filing, savings, and advisory services to senior employees, offering them expert guidance and support throughout the tax filing process.
Archit Gupta, the Founder and CEO of Cleartax, stated, “Cleartax’s extensive network of partnerships covers a wide range of corporate organizations. We now cater to the diverse needs of employees working in multinational and global organizations, providing specialized services for various types of incomes and tax returns, including NRI filing. We aim to empower employees and organizations to navigate tax complexities with ease and confidence. These strategic partnerships have established Cleartax as the preferred solution for corporate HRs seeking comprehensive tax-related services for their employees.”
Cleartax’s ITR filing product offers data pre-fill, autofetch of transactions, and automatic computation for capital gains, including loss set off and carry forward, as well as cryptocurrency-related reporting and tax filing. It can handle every possible filing scenario. The Cleartax engine also suggests to users which tax regime would be beneficial for them. Cleartax simplifies complex tax terms and provides tax tips for users to optimize their taxes. Users can complete their entire income tax filing process on Cleartax, including filing, verification, return status check, and refund status check.