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Goods and Services Tax (GST) rollout is set to begin soon, integrating and unifying India under a single indirect tax regime. With the rollout of GST, there is set to be a tremendous requirement for accounting tools and software's from businesses all across India. To cater to this demand, IndiaFilings has launched IndiaLedgers.com, an online - GST ready accounting software aimed at the SME segment in India.
The company, founded in October 2013 by Lionel Charles, a Pilot and CPA who returned from USA in 2010 has quickly grown to have a pan-India presence with over 200 employees. The company also has many firsts including the launch of India's first mobile app for Entrepreneurs to get all legal, regulatory and compliance support through their phone - known as the IndiaFilings App. In addition to the mobile app, the company offers support for Entrepreneurs through various mediums and channels.
"We are investing and working actively to provide a platform for all businesses to handle their GST requirements. We have built our online accounting platform with GST in mind and from scratch using the latest in cloud technology. These are very exciting times and we are looking forward to helping over a lakh Entrepreneurs migrate from the existing indirect tax system to the GST system," said Charles, adding that with their new offices, aggressive hiring plans and product offering for the common man, the company expects to have a full range of services by end of the year.
IndiaLedgers has been designed by the company, especially for the Micro, Small and Medium Enterprises. The entire software will be online - cloud based, with stringent bank level data security and compliant with India's GST regime from day one.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)