Now, file I-T returns with ease on this portal and mobile app

January 13, 2017

Bengaluru, Jan 13: Filing income tax returns is often a taxing, cumbersome process for both the salaried classes and businessmen unless a chartered accountant does the job for a price.

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Now, how about completing the entire process in a jiffy by just scanning the Form-16 or other relevant documents?

Doing exactly this is a Bengaluru-based startup, ClearTax that has simplified the entire process through automation. Users just need to log into the platform's website or mobile app, upload the scanned forms, complete a few simple steps and await confirmation. A process that otherwise takes hours or even a day to complete, can be accomplished in seven to eight minutes, as ClearTax founder and CEO, Archit Gupta put it.

For a majority of users, the basic filing of I-T returns remains free although products linked to tax-saving investments are charged. “Over 10 lakh out of the country's 43 million tax filers have started using this platform. Our data shows 22% of these tax returns are filed from Bengaluru,” informs Gupta. Forty different tax documents including ITR1, ITR2, ITR3 and ITR4 could be filled.

Based on the inputs provided by the user, the ClearTax software walks the user through a series of simple steps with visual cues. The I-T document is condensed into an interactive format. As and when the user answers the questions, the document is automatically filled. The questions the user has to answer relate to the nature of his/her business, the revenue and income opportunities from different sources, and expenses under various heads such as salaries, rents, insurance, and more.

Documents for salaried classes such as Form-16 could also be uploaded through ClearTax's mobile App. About 50,000 users file I-T returns on this platform. Gupta says the startup has also partnered with the Karnataka government to offer its service under the MobileOne platform. MobileOne, which brings together services of multiple state and central government departments and private service providers, has already recorded over one lakh downloads.

Being the largest emerging player in this space, ClearTax has raised over $15 million in funding over the last 12 months, Gupta informs.

ClearTax has also started work on creating a platform for Goods and Services Tax (GST), as part of a backbone system, now being readied nationwide. For businesses, this would mean simplifying the process of uploading invoices, reconciling purchases and paying all the taxes. The data will be uploaded onto the GST network system.

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News Network
May 8,2024

Mangaluru: The Mangaluru North police have apprehended a minor in connection with alleged voyeurism incident reported in a private medical college in Mangaluru. 

DCP (Law and order) Sidharth Goyal said that the minor was produced before JJ Board as per due procedure. The incident came to light when a mobile phone was found in women's washroom in the college. 

The mobile-phone was discovered as it was ringing even when no one was in the toilet by the security guard of the college. 

Investigations revealed that the mobile phone had been strategically placed in the restroom. As a result, a case has been registered under north police station.

Further scrutiny into the matter uncovered the identity of the accused, a minor male aged 17, who had gained access to the college premises under the guise of being a patient. Following his apprehension, the accused was presented before the Juvenile Justice (JJ) Board in adherence to legal protocols.

The phone has been seized and a case has been booked under IPC section 354 (C), said the DCP.

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News Network
April 26,2024

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Mangaluru/Udupi: The Dakshina Kannada and Udupi-Chikmagalur Lok Sabha constituencies recorded a tentative voter turnout of 77.4% and 76.1% respectively until 6 pm on Friday. In the 2019 polls, Dakshina Kannada recorded 77.9%, while Udupi recorded a 75.8% voter turnout.

The DK Lok Sabha constituency recorded a poll percentage of 71.8% at 5 pm. Among the constituencies, Sullia recorded a maximum of 78.4%, followed by Belthangady at 75.6%, Puttur at 75.2%, Bantwal at 73.7%, Mangalore at 73.5%, Mangalore City North at 69.8%, and Mangalore City South at 61.8%.

Urban apathy continued, with Mangalore City South recording the lowest polling percentage.

Meanwhile, Banjarumale, a remote village in Belthangady taluk, recorded 100% polling with all 111 voters showing up two hours before polling ended at 6pm.

Another interior polling station at Elaneer in the same taluk recorded 82% polling at 4 pm. The booth has 471 voters. The district has a total of 18,18,127 voters, with 9,30,928 females, 8,87,122 men, and 77 transgender individuals.

A good number of people turned out to vote during the early hours. Voters are bearing the scorching sun while stepping out to exercise their franchise as heat wave is sweeping through the state. 

The polling process remained largely peaceful, with long queues observed at polling stations from 7 am onwards in several polling stations. However, technical glitches caused delays at a polling station in Karopady, and at St. Xavier School Bejai, where polling was reportedly delayed by nearly two hours.

Polling staff at a booth near the Mulki police station mistakenly marked the wrong finger with ink during voting. They reportedly applied ink to the index finger of the right hand. According to sources, at least 50 individuals had their index finger of the right hand inked. Deputy Commissioner Mullai Mulihan clarified, "The matter was promptly addressed by the sector office. This error affected 8-9 voters"

A total of 18.18 lakh voters in the Dakshina Kannada Lok Sabha constituency and 15.85 lakh in Udupi-Chikmagalur hold the power to determine the fate of candidates competing for their respective segments. The polling process is currently underway across 1,876 booths in Dakshina Kannada and 1,842 polling stations in the Udupi-Chikmagalur segment.

In Dakshina Kannada, a closely contested battle is anticipated between Captain Brijesh Chowta representing the BJP and Padmaraj R Poojary from the Congress. Meanwhile, in the Udupi-Chikmagalur constituency, Kota Shrinivas Poojary of the BJP and K Jayaprakash Hegde of the Congress are the prominent contenders.

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News Network
April 27,2024

Mangaluru International Airport (MIA) has taken a step towards enhancing aircraft safety and has planned to install a Precision Approach Lighting (PAL) category 1 system near Sri Kordabbu Daivasthana, Unile.

The groundbreaking ceremony was held on Friday. The project involves various works related to the PAL system and aims to be completed in 20 months.

The airport has undertaken this project in accordance with safety recommendations from the ministry of civil aviation and the civil aviation safety and security regulator. The PAL CAT 1 system will provide pilots with improved visibility of runway 24 and guidance during their final landing approach. The system will be installed 900m from the threshold of runway 24, as this end of the runway accounts for 90% of aircraft landings at the airport.

The PAL will be mounted on approximately 18 lattice structures, which is a unique feature of the project. The lights will be fixed to frangible T-shaped structures. The project will complement the installation of runway centerline lights, which has already been completed and is awaiting approval from the Directorate General of Civil Aviation for commissioning.

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