Taxsmile.com launches India's First Online Tax Management & Filing Service

June 13, 2007: Mumbai based Taxsmile.com India Pvt. Ltd., has recently launched Taxsmile.com, Online Tax Management Service, across India, to help taxpayers prepare and file returns in a simple, fast & secure manner.

Taxsmile.com (http://www.taxsmile.com) provides a direct, real-time interface between the tax authorities and tax payers, facilitating an easier, faster and more convenient tax filing process.

To manage taxes through Taxsmile.com, tax payers need not have any prior knowledge on tax laws or refer to tax guides. They can be seated at their own desks, and prepare & file returns in a matter of minutes!

Key Features of Taxsmile

* Simple, easy to understand & use
* Step by step guidance
* Simple, easy to understand & use
* Step by step guidance
* Tax optimization & planning
* Tax Alerts
* Professional support from tax experts

"Filing income tax returns can be a hassle for most people, which often results in avoidable anxiety attacks, erroneous filing and in some cases, non-filing. Besides, this annual chore is not only intimidating for individuals, but also puts strain on time and resources in companies that have to assist their employees with it," said Ketan Raiyani, MD. of Taxsmile.com India Pvt. Ltd.. "With Taxsmile.com, we are providing an online platform for tax payers to meet their tax obligations and manage taxes in an easy and cost-effective manner."

Taxsmile Services & Special Schemes
Currently, Taxsmile.com offers two service plans for individuals:
* EasyFiler : A simple plan that helps an individual to prepare and file taxes online without any knowledge of income tax laws
* TaxSaver: A comprehensive plan that entitles users to professional tax support, tax alerts and optimization of tax returns besides providing all the benefits of the EasyFiler plan.

For a limited period of time, users can experience a free trial of the EasyFiler and are required to pay only when they want to file their returns.

Taxsmile.com has also announced special group tax plans
1) TaxCare for corporates- Companies can use this plan to provide an additional employee benefit and also as a cost-effective means to reduce the burden on their finance departments during tax filing season.
2) TaxOffice for tax professionals- CAs & Tax professionals can now use the simple Taxsmile interface to service & provide tax preparation & filing service to clients.

Says Raiyani, "Given the growing importance of E-filing in India, we anticipate a roaring success with this new offering. The Income Tax (IT) department has launched 8 new IT forms this year, making them annexure-less & more compatible with E-filing. Since E-filing is the new norm of the day, tax payers can now use the Taxsmile.com interface to do so in an easy and convenient manner".

Taxsmile.com India Pvt. Ltd. is presently active in most cities with high IT literacy and internet penetration. This includes Mumbai, New Delhi, Bangalore, Hyderabad, Chennai & Pune.


About Taxsmile.com India Pvt. Ltd
Taxsmile.com India Pvt. Ltd. is registered under the Indian Companies Act 1956.
It provides a do-it-yourself, easy, secure and accurate service which helps tax payers manage and control their taxes. It has been designed to create a new order in understanding personal taxation and tax compliance by resolving the complexities of tax return preparation and filing. The company’s vision is to become the preferred e-tax compliance service provider in the emerging e-governance regime, with quality services and ongoing innovations delivered across all spheres of service. The corporate governance and executive leadership of taxsmile.com lies in the hands of highly qualified professionals and experts with a proven track record, led by Ketan D. Raiyani, MD, Taxsmile.com.

Taxsmile serves individual taxpayers, corporate/ institutional clients as well as tax professionals. Taxsmile.com draws its learning from CA Office, desktop tax management software, which has been in use for more than 4 years and has over 1000 clients across India.


For more details please contact:

Taxsmile.com India Pvt. Ltd.
Ketan D Raiyani
Managing Director
ketan.raiyani@taxsmile.com
022-22635212/ 98202-26633

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Sujit S. Nair
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