New Delhi: A partnership between KoinX, a cryptocurrency taxation, portfolio tracking, and accounting platform, and ClearTax, a venue serving tax filing, tax professionals, and enterprises, has reportedly been announced.

The partnership between Cleartax and KoinX will allow consumers to utilise Cleartax’s tax filing services, simplifying the tax filing process. Users of KoinX are allegedly also eligible for discounted access to ClearTax’s features, including a faster and easier way to compute Bitcoin taxes and help when completing tax returns.

“By integrating ClearTax, users may have swift access to ClearTax’s easy-to-use self-tax filing and assisted tax filing under the expert guidance feature, which can avoid time-consuming research,” Punit Agarwal, CEO, KoinX, explained. 

The collaboration between ClearTax and KoinX is anticipated to increase the effectiveness of repot filing and make it easier for customers to navigate challenging Bitcoin tax computations. Furthermore, it is believed “Through our collaboration with KoinX, we hope to empower cryptocurrency investors so that they can file their cryptocurrency taxes unfettered,” Avinash Polepally, cryptocurrency business head, ClearTax, concluded.

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