Bitget, a prominent centralized crypto exchange in terms of options related to copy trading, has recently announced a strategic collaboration. The platform is now joining forces with ClearTax. It is a platform that deals with several tax filings. As included in the collaboration between ClearTax and Bitget, both platforms would carry out several activities related to community awareness.
Bitget Starts a Strategic Collaboration with ClearTax to Assist Clients in India in Filing Their Crypto Taxes
In its recent blog post, Bitget noted that its customers can leverage dedicated tax filing-related services cost-effectively. The platform added that the users can also obtain access to the crypto exchange’s desk for a live chat anytime during its Income Tax Returns (ITR) season. In addition to this, ClearTax will assist the tax specialists to assist clients of Bitget in comprehending and abiding by the complicated crypto regulations and laws in India.
Apart from that, the company brought to the front that it will integrate with ClearTax in this respect. This move will permit the clients to comfortably upload their data related to crypto transfers and generate reports related to their taxes. The collaboration between both entities is considered a huge move for increasing crypto adoption within the Indian jurisdiction.
Moreover, this will assist in guaranteeing that the consumers abide by the tax regulations that are implemented on crypto. Simultaneously, it will provide convenience to the consumers in filing their taxes. In the blog post, the company expressed its enthusiasm about the strategic collaboration.
Consumers Will Have Convenience in Filing Their Crypto Taxes with This Partnership, Says a Bitget Exec
As per the platform, this would turn the procedure of crypto-related tax filings more convenient for Indian customers, as per Bitget’s Managing Director Gracy Chen. The executive added that the collaboration lets users easily and quickly file their crypto taxes.
