With just 5 days behind the launch of the national Goods and Services Tax (GST), the corporate India doubts how well will the anti-profiteering regulations work. As many companies are on the verge to launch their GST Solutions for the nation, Save My Tax is launching its GST Compliance Software for Tax Practitioner’s, Traders, MSMEs & Large Enterprises on Monday. Previously Save My Tax had been successful with www.Savemygst.com.
The Government is all set to roll out the Goods and Services Tax (GST) on July 1st which will subsume central excise, service Tax, Vat and other local levies. And it is said to simplify the current tax system with a single, straightforward tax. The Founder of Save My Tax Mr Paramasivam Ramasamy says,
“We have developed a technology platform to help, traders, micro, small and medium enterprises (MSMEs) comply with the provision of the GST law. The “one Stop GST Solution” has the capability to support users to file their returns as per the GST norms in a convenient and simpler way”.
Mr Paramasivam also adds that Save My Tax will have a great contribution to ease the complications in filing GST returns by the users. The company has developed user-friendly Cloud GST Software for providing hassle free guidance in all respects for complying GST requirements lead by eminent Tax Experts and IT Experts. The Application helps users to file GSTR by calculating tax using calculators and various tools. It helps to better understand the GST filing status. www.Savemygst.in is another such venture of Save My Tax.
The Save My Tax GST Software is also available as mobile apps and web-based application. The software is also capable of integrating with ERP (SAP,Oracle, etc..) and accounting softwares for GST filing. It also helps businesses receive the input tax credit through automatic reconciliation of purchase invoices to ensure a seamless transaction to the GST regime.
Nearly eight million MSMEs need to adapt their invoicing pattern to meet GST, which is an enormous trial. Thus end-to-end solution providers are in great demand to fulfil the GST needs of the people.
Save My Tax, a Coimbatore-based start-up was launched in the year 2015 as Savemytax Business Solutions Pvt Ltd, founded by Paramasivam Ramasamy. This start-up provides online Tax Filing Services and Business Solutions. As of March 2017, the company has done over 55k tax return filings through its website www.SavemyTax.org.