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ClearTax to launch GST-compliant products

ANI  |  New Delhi [India] 

As the rollout of the Goods and Services (GST) Bill is round the corner, businesses across the country are gearing up to become GST-compliant. ClearTax, India's largest returns e-filing and enterprise compliance service provider trusted by over two million users, has announced the expansion of its team size to 400 to support the initiatives.

ClearTax has earmarked USD five million to facilitate the growth, and to support and educate the community.

The company will be hiring across the product, tech, and marketing teams to fuel growth and has extended its office space in the headquarters to support operations.

Once implemented, would revolutionise the Indian indirect taxation system, transforming the country into one unified common market. presents a huge opportunity with over one crore businesses slated to adopt the new system.

"Besides expanding our team size and operational capacity, we are also creating products which will help businesses be GST-compliant with just the click of a button. We are building state-of-the-art infrastructure to support one billion invoices each month and are investing heavily in product and technology to bring about an easy transition to

Data intelligence will be the cornerstone of our product and it will also help drive decisions. This system will allow vendors and buyers to manage their businesses and requirements in a coordinated and intelligent fashion," Archit Gupta, Founder and CEO,

ClearTax is working hard to make the transition to easier for sellers, distributors, vendors and all those under its purview. will also create a level playing field for all financial experts, CAs and controllers.

In addition, ClearTax will partner with chartered accountants and help them overcome the challenges through a series of informative webinars on GST, developing calculation tools for assistance in transitioning to and operating GST-compliant platforms.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, March 19 2017. 17:52 IST