SNK ETax Solutions launches tax filing portal

SNK ETax Solutions, a firm which offers solutions to companies and individuals on taxation, corporate laws and assurance services today announced the launch of Taxsum.com,a tax filing portal that caters to all category of tax filing audiences.

The portal is compatible to file tax from ITR 1 to ITR 6, offering multi-language, user-friendly experience and complete solution for computing and filing tax returns online. Taxsum.com becomes India’s only tax returns filing portal offering browser based on digital signature and enabling filing of ITR-1 through mobile phones. Commenting on the launch Sanjay N Kapadiaa, Chairman, SNK ETax Solutions said, "Filing of income tax return for every person having income more than basic exemption limit (at present Rs 1,80,000/-) is a constitutional responsibility in India. Our country’s total population is around 122 crore. In spite of more than 10 crore people having Pan Card, the income tax return filing for the F.Y. 2010-11 is just 4 crore and out of these 4 crores online income tax return filing is opted by only 1 crore tax filers in our country. With the rapid acceptance of technology and internet usage, we see this as a good opportunity to introduce a portal like Taxsum.com that can simplify the tax filing of corporate and individuals and further support the constitutional responsibility of the nation"

According to the findings of SNK ETax solutions on tax filing status in India, the country expects to double I-T payers in next 4 years and online tax filing jump 80 per cent to 91.57 lakh in 2010-11.

Also, in the year 2010-11 the number of tax returns filed are 4.1 crore as compared to 3.40 crore in 2009-10. The online tax filing in the year 2010-11 is 91.57 lakh as compared to 51.06 lakh in 2009-10.

With the acceptance of digitisation across India, SNK ETax has estimated that the tax filing will be doubled to 10 crore in the year 2015-16 out of which more than 7.5 crore will be filed online.