SME Times is powered by   
Search News
Just in:   • Digital play with Indian business models  • Covid-19: GoDaddy joins Ketto to support Indian SMEs  • Petrol, diesel futures trading to start soon on exchanges  • MSME loans sanctioned under ECLGS reach Rs 1.20 lakh cr  • Trump downplays chances of new China trade deal 
Last updated: 01 Aug, 2015  

Tally Set to Transform Business Taxation

NewsVoir | 30 Jul, 2015

Tally Solutions, the premier Indian Software Product company, today announced the launch of Tally.ERP 9 Release 5.0, to help businesses in India address their most taxing problem, which is taxation.

 

With path-breaking technology of creating fully reconciled and triangulated tax returns, for Excise, Service Tax, VAT, and TDS/TCS – the new product release is designed to help businesses, their accountants and tax-practitioners, as well as taxation authorities, to quickly and easily match returns with actual data. This will dramatically increase the compliance of businesses, and reduce the hassles faced by the authorities as well as businesses.

 

The product provides a hand-prepared tax generation experience to ensure that customers enjoy full visibility on the transactions used to compile the returns, thus helping them get the much needed confidence that their returns are filed with complete accuracy.

 

While most features in Release 5.0 are applicable for users across the world, and the Central Taxes (Excise, Service Tax, TDS/TCS) are for India, the VAT capabilities are being launched in an incremental manner beginning with 5 states in India namely – Karnataka, Maharashtra, New Delhi, Rajasthan and Tamil Nadu. Subsequent releases will provide the VAT return forms for the rest of the states, covering the entire country shortly.

 

“When we find businesses spending time on things which are not core to their business, we treat it as an opportunity for Tally to solve their problem.  Our legendary simplicity allows people to go back to do what they do best, while our technology takes this job over.  Ensuring that your books and returns are reconciled wastes time either during preparation of the return itself, or during scrutiny or assessment.  We believe the innovations behind our solution will go a long way to transform taxation for businesses,” said Bharat Goenka, Managing Director and Co-Founder, Tally Solutions.

 

About Tally Solutions Private Limited:

Tally Solutions Pvt. Ltd. is a pioneer in the business software products arena. Since its inception in 1986, Tally’s simple yet powerful products have been revolutionizing the way businesses run. Having delivered path breaking technology consistently for more than 27 years, Tally symbolizes unmatched innovation and leadership. Today, it caters to millions of users across industries in over 100 countries and continues unchallenged as the industry leader in the enterprise resource planning software domain. www.tallysolutions.com

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 12 Jul, 2020
  Daily Poll
COVID-19 has directly affected your business
 Yes
 No
 Can't say
  Commented Stories
» Pain points for MSMEs(3)
» UP govt to change lives of migrants: MSME Principal Secy(2)
» Starting an import export business: Basic guide for beginners(1)
» MSME schemes - Do you know all of them?(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter