BWI: FundsIndia.com Launches Free Online Tax Filing in Partnership with TaxYogi

Press release from Business Wire India
Source: FundsIndia.com
Thursday, July 07, 2011 02:25 PM IST (08:55 AM GMT)
Editors: General: Consumer interest; Business: Accounting & management consultancy services, Banking & financial services, Business services, Financial Analyst, Information technology; Technology
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FundsIndia.com Launches Free Online Tax Filing in Partnership with TaxYogi


Chennai, Tamil Nadu, India, Thursday, July 07, 2011 -- (Business Wire India) -- India's leading online financial services company, FundsIndia.com, today announced a free online tax filing service for customers opening a new account with them. They are offering this in partnership with Tax Yogi, a leading online tax filing service.

"Filing taxes online is a convenient, fast way of getting it done, and we are happy to offer it free of cost to people when they open an account with us", said Mr. C R Chandrasekar, CEO of FundsIndia.com.

The FundsIndia.com account opening is also free from any charges or fees. "So, in effect, investors are getting a two-in-one deal - free online tax filing as well as a free account in our investment services platform", said Mr. Chandrasekar.

"The Income Tax department has been urging people to file their taxes online, and have promised faster processing of refunds for online tax filers", said Ms. Mamtha Banerjee, CEO of Investment Yogi, the company behind TaxYogi, "We are looking forward to seeing a significant increase in the number of people coming forward to file online using the FundsIndia platform powered by TaxYogi. We are happy to be partnering with FundsIndia.com to make this free as well, making it much more beneficial to our customers".

The process for availing this offer is simple - one would just need to go to www.fundsindia.com and register for a new account and enter their tax filing details. When their FundsIndia.com account gets activated (after verification of documents), their tax filing details will automatically get sent to the IT department. The filer would just need to send the signature verification document to the IT collection center to complete the process.

FundsIndia.com is a leading online investment platform specializing in mutual fund investments. All their mutual fund services -including investments, redemption, SIP etc. are fully free to the investors. Additionally, they also provide free advisory and other value-added services that would all be available to investors who hold an activated FundsIndia account.

The free online tax filing offer is open for both ITR-1 and ITR-2 tax filers, and will be open for a limited period.

For further information, please write to: contact@fundsindia.com, 044 4344 3100.

About FundsIndia.com:

FundsIndia.com is an online value-added financial services platform created and promoted by Wealth India Financial Services Pvt Ltd., a Chennai based company. They offer mutual funds from 34 AMCs, stocks and ETFs from NSE, fixed deposit products from 7 corporates, and online-enabled NPS services. They are tied up with 23 banks for online transaction facilities. They have customers from all over the country and abroad for their innovative value-added financial services offerings.

About TaxYogi:

The TaxYogi platform is created by InvestmentYogi, a leading personal finance portal in India. InvestmentYogi's products help Indians manage their investments, taxes and finances by providing high quality content and tools, including online financial planning, online tax preparation, e-filing of taxes, online budgeting and mutual fund research. InvestmentYogi is a Hyderabad based company registered under InvestmentYogi Fin Advisory Services Private Limited.


CONTACT DETAILS
Arjunan, brand-comm, +91 9381290284, arjunan@brand-comm.com

KEYWORDS
CONSUMER, CONSULTANCY SERVICES, BANKING, BUSINESS SERVICES, Financial Analyst, IT, TECHNOLOGY

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