Crypto Tax Platform KoinX Partners with ClearTax – Aiming to Streamline the Crypto Tax Filing Journey

Press Releases
Press Releases

Bengaluru, July 11, 2023: KoinX, a widely recognized platform specializing in crypto taxation, portfolio tracking, and accounting, has announced its strategic partnership with ClearTax, an esteemed platform catering to the diverse tax filing needs of individuals, tax practitioners, and businesses.  

The partnership between KoinX and ClearTax will allow users to enjoy the advantages of ClearTax’s specialized tax filing services, making their crypto tax filing journey more streamlined. KoinX users can also use ClearTax’s top features at special prices, with access to a simpler and faster method of calculating crypto taxes and filing tax reports with expert guidance.

Our core mission in establishing this strategic partnership with ClearTax is to deliver a comprehensive and dependable platform to our users, enabling them to file crypto tax reports effectively. By integrating ClearTax, we guarantee our users swift access to ClearTax’s easy-to-use self-tax filing and assisted tax filing under the expert guidance feature eliminating the requirement for time-consuming research. Additionally, we have full confidence in ClearTax’s reputable standing, which will undoubtedly instill in our users the necessary confidence and assurance to undertake the tax report filing process,” said Punit Agarwal, CEO of KoinX. 

Clear (formerly ClearTax) is India’s leading fintech SaaS company with the mission to simplify finances for Indians. Our ITR filing product is still called ClearTax. Trusted by over 6 million Indian taxpayers & more than a million tax practitioners, ClearTax also offers taxation compliance & wealth management solutions to individuals. The partnership between ClearTax and KoinX will greatly enhance the efficiency of report filing and facilitate the navigation of complex crypto tax calculations for users.

At ClearTax, we relentlessly rely on the power of simplification. While our country is on a mission to digitize finances, investors have been shy of adopting crypto as an instrument of investment. So, when it comes to crypto taxation, there is considerable ambiguity. And that is where we step in. Through our platform, we’ve ensured that crypto taxation is no more a guesswork for investors. And through our collaboration with KoinX, we are empowering crypto investors so that they can file their crypto taxes unfettered,” Avinash Polepally, Crypto Business Head, ClearTax. 

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About KoinX:

Founded by Punit Agarwal, KoinX was born to simplify and speed up crypto tax calculations and reporting. It helps break down the overly complicated crypto tax calculations into easy-to-understand tax reports. KoinX has, to date, been able to generate a turnover of over $8 billion, having processed over 10 million+ transactions, and the number is growing day by day. With over 10k+ tax reports generated and 125+ integrations available, it has become a credible crypto tax platform for all. KoinX has also been applauded and backed by notable members of the startup world like Sandeep Nailwal, Maninder Gulati, and Navin Gupta. Learn more about KoinX here

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