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ZebPay Partners With TaxNodes To Demystify Crypto Taxation For Indian Investors

Through this partnership, TaxNodes will enable ZebPay users to calculate, evaluate, and file their crypto taxes, alleviate misapprehensions and reduce the possibility of tax miscalculation

ZebPay Partners With TaxNodes To Demystify Crypto Taxation For Indian Investors

Outlook Start-Up Desk

POSTED ON May 11, 2023 9:01 AM

As a result of this association, TaxNodes will provide assistance to ZebPay's extensive user community to ensure precise tax calculations and compliance, to keep them updated with the most recent tax-related developments in the virtual digital asset industry.

Through this partnership, TaxNodes will enable ZebPay users to calculate, evaluate, and file their crypto taxes, alleviate misapprehensions and reduce the possibility of tax miscalculation. In addition to this, TaxNodes’ end-to-end solutions will help users get the much-needed clarity on the taxes levied on their investment, thereby simplifying the taxation journey of every crypto investor in the country.

The association between ZebPay and TaxNodes will help to promote awareness about current and evolving regulations governing virtual digital assets. It has claimed that apart from getting expert assistance on tax filing, ZebPay users will also receive personalised advisory services by TaxNodes, enabling them to better understand the tax implications of their digital asset investments. In addition, ZebPay users will be able to take advantage of discounted services through an exclusive offer.

Rahul Pagidipati, CEO, ZebPay,  said, "At ZebPay, we are committed to creating a regulatory-compliant ecosystem that fosters the mainstream adoption of crypto in India. This partnership is a significant step towards achieving that goal and enabling greater collaboration between stakeholders in the crypto ecosystem. With 30% taxation and 1% TDS, the calculation of taxation on crypto has become a complex process. Our partnership with TaxNodes will not only simplify the tax filing process for virtual digital assets and offer clarity to our users but also offer personalized tax advisory services to our users at their fingertips."

Avinash Shekhar, Founder and CEO, TaxNodes said, "Our relationship with ZebPay goes a long way back and this partnership is a new chapter in that journey. We are excited to offer our end-to-end solutions to ZebPay’s customers and are confident that they will see value in our seamless tax computation process. Our aim is to help investors calculate, evaluate, and file their crypto taxes accurately while providing them with expert advice and personalized services to trade crypto without worrying about the intricacies of tax filing."

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