ClearTax to provide solution on HDFC Bank Netbanking platform
Bangalore based financial-technology platform ClearTax, which provides solutions for Income Tax filing, has taken forward its partnership with HDFC Bank, India’s largest private bank to offer free e-filing of ITR for Financial Year 2018-19 (Assessment Year 2019-20) and personalized CA-assisted tax filing plans to over 50 lakh HDFC bank customers. ClearTax’s solution on HDFC Bank’s NetBanking platform will help customers resolve their pain point of e-filing tax returns. ClearTax’s secure platform offers free self e-filing which can be finished in 7 minutes. For those who need assisted filing there are discounted Chartered Accountant (CA) services to address any complexities.
Additionally, ClearTax has also extended other services such as all-day customer support, access to tax tools and calculators, comprehensive tax guides and on-site helpdesk for in person filing support.
ClearTax solution enables high levels of personalization, 100% accuracy and transparency, zero paperwork and is future-ready. It lets the user upload their Form 16 and Form 26AS to facilitate filing of ITR. A user may also upload more than one Form 16, if he/she has worked with more than one employer in the financial year. It permits user to enter tax details while being offline.
These details are automatically synced with the ClearTax server once the user goes online. Besides filing ITR, users can also check Income Tax Refund Status with their PAN number and Date of Birth, calculate Income Tax for current and next financial year (as per the new Budget changes), and generate rent receipts to claim HRA benefits.
Commenting on the collaboration, Archit Gupta, Founder and CEO, ClearTax, said, “We are delighted to be working with HDFC Bank. By offering our tax filing services to HDFC Bank’s large customer base and leveraging our expertise in simplifying ITR compliance we will collectively reinvent their experience enabling them to e-file and save on taxes in a hassle-free way.â€
“HDFC Bank is constantly looking at ways to offer greater convenience to its customers through its digital transformation journey. We’re partnering with ClearTax to help our customers adopt secure, tax filing technologies which will enable them to complete the process from the comfort of their homes or offices†said Mr. Gautam Anand, Senior Vice President, Digital Banking.
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