Several tax compliance software solutions were widely used in India to help businesses and individuals meet their tax obligations. However, the popularity of specific software solutions may change over time as new products emerge and existing ones evolve. Here are some well-known tax compliance software solutions that were commonly used in India:
- Tally ERP 9: Tally is one of the most popular accounting and tax compliance software solutions in India. It provides features for GST compliance, income tax calculations, TDS management, and various financial reporting functions.
- QuickBooks: QuickBooks offers cloud-based accounting and financial management software that helps businesses manage their finances and comply with tax regulations. It can handle GST compliance and generate tax reports.
- ClearTax: ClearTax is known for its GST compliance software, which assists businesses in filing GST returns accurately. It also offers tools for income tax return filing, TDS management, and e-invoicing.
- Zoho Books: Zoho Books is a cloud-based accounting software solution that supports GST compliance, income tax calculations, and financial reporting. It integrates with other Zoho applications for comprehensive business management.
- Marg ERP: Marg ERP is a comprehensive business management software that includes features for inventory management, accounting, and GST compliance. It is particularly popular among small and medium-sized enterprises (SMEs).
- Busy Accounting Software: Busy Accounting Software is designed for small and medium-sized businesses and offers features for accounting, inventory management, and GST compliance.
- MProfit: MProfit is primarily used for portfolio management and tracking investments. It provides tools for calculating capital gains and automating the preparation of income tax returns.
- Saral TaxOffice: Saral TaxOffice is a tax compliance software solution that caters to chartered accountants, tax professionals, and businesses. It covers various aspects of tax compliance, including income tax, TDS, and GST.
- Gen GST: Gen GST is a GST compliance software that assists businesses in managing their GST-related tasks, such as return filing and reconciliation.
- IRIS Sapphire: IRIS Sapphire is a GST compliance and e-invoicing software solution that helps businesses automate their GST return filing processes and stay compliant with GST regulations.
Please note that the software landscape can change, and new solutions may have emerged. When selecting tax compliance software for your specific needs, it’s essential to consider factors such as the size of your business, your industry, your familiarity with accounting practices, and the level of support and updates provided by the software provider. Additionally, check for reviews and feedback from other users to ensure that the software aligns with your requirements for tax compliance in India.