Sqrrl is a Gurugram based savings and investment platform which has started an association with leading tax planning and return filing platform ‘Quicko’ to facilitate the process of Income Tax Return filing for 14.6 million users. When the due date for filing ITR is reached, many professionals will run to chartered accountants to help them in the lengthy and complicated tax filing process. To assist millions of customers, Sqrrl joins in hand with Quicko which helps the customers to find a simpler alternative to the tedious process of tax filing. Sqrrl serves as a ‘Do It Yourself (DIY)” financial planning platform.
This association of Sqrrl with Quicko will help not only to simplify the basic salaried ITR filing process but also the more complex ones like filing of capital gains tax. It was always a difficult task for mutual fund investors to compute and file capital gains tax. With the help of Sqrrl, investors can easily file their capital gains taxes as well as their basic salaried ITR. Sqrll Prime is a platform which free investing, filing ITR, getting accident coverage and all these are free services as part of their membership.
The previous data shows that there is a decrease in the count of people filing taxes in India than the expected number. In recent times, the government has been actively looking at it and working to increase the tax base of the country. By offering this new tax e-filing feature, Sqrrl helps to de-complicate and simplify the tax filing processes so that more and more people can file their taxes easily and conveniently.
Depending on the needs people can easily log in to https://sqrrl.quicko.com/ to file tax from the wide range of tax filing needs. “Do It Yourself” can be chosen by individuals whereas salaried individuals just have to upload their Form No:16. After the form:16 is uploaded the required data is extracted from the form and is used for further processing. After confirming that all the details given are correct, the candidate will be redirected to Quicko. Users can also choose CA assisted plans for any complicated business-related filing.
Samant Sikka, Co-Founder of Sqrrl said that this new association with Quicko will be more useful for those mutual fund investors who often get confused and stressed while computing and filing capital gains tax. They have specifically come up with an option for mutual fund investors to file the capital gains statement easily and conveniently which will be of great help for regular investors in the market. This partnership aims to make the tax filing process as coherent as saving and investing on the platform. Vishvajit Sonagara, Founder of Quicko said that they are glad to work in association with Sqrrl to extend the ease of filing ITR through their platform. Tax filing is often considered a tedious and complicated process, through this partnership they hope to simplify the process of tax filing for the larger group.
