India’s largest e-commerce marketplace Flipkart has partnered with a leading online tax and investing platform Cleartax. With this partnership, Flipkart will help sellers connect with specialist chartered accountants (CAs), providing various tax and accounting related services.
The move is part of Flipkart’s efforts to make it easier for its seller base, mostly comprising micro small and medium enterprises (MSMEs), to do their business online by easing their financial filing.
The partnership will let sellers on Flipkart to register for GST and avail services to help them register their business, file returns, understand GST software for self-use, prepare and maintain accounts, file income tax returns and avail ROC compliance services, among others.
Nishant Gupta, Head of marketplace at Flipkart, said, “The partnership with Cleartax makes sense since our aim is to make selling on our platform as easy and hassle-free for sellers as possible.”
Archit Gupta, Founder and Chief Executive Cleartax, added, “Small businesses in the e-commerce space find it challenging to understand and implement GST changes and adapt to them quickly. Instead of letting that be a barrier to their business, we are coming together with Flipkart to help entrepreneurs comply with GST using our technology and advanced automation.”