Paisaa Introduces TaxMunshi - the 20 Minute Online Tax Preparation Solution for Rs. 99/-

TaxMunshi™ is the do-it-yourself online tax preparation service for salaried professionals in India. TaxMunshi™ helps its users simplify tax preparation and maximize returns. Most users can complete ITR-1 and ITR-2 in less than 20 minutes without referring to complex tax guides.

New Delhi, Delhi, June 15, 2009 /India PRwire/ -- Paisaa Innovative Solutions introduces TaxMunshi™, the do-it-yourself online tax preparation service for salaried professionals in India. TaxMunshi™ helps its users simplify tax preparation and maximize returns. Most users can complete ITR-1 and ITR-2 in less than 20 minutes without referring to complex tax guides.

TaxMunshi™ has been developed by Paisaa Innovative Solutions™ (www.paisaa.in), a company that “innovates to simplify”, to satisfy evolving consumer needs in swiftly-changing markets. The company’s vision is to provide exceptional value in simple, powerful financial and tax management solutions.

What is unique about TaxMunshi™?

1. Two ITR forms. One price: TaxMunshi™ has one simple pricing for both ITR-1 & ITR-2. An income tax return can be prepared online at an attractive introductory price of Rs. 99/-

2. Question-and-answer-based form in simple English: The application has simple language so that the users do not have to deal with complicated tax codes.

3. One simple interface for both ITR-1 and ITR-2: TaxMunshi™ generates the right form and presents the relevant questions, based on the types of incomes and deductions a user chooses.

4. Tightly integrated smart help menu: TaxMunshi™ has a smart help menu that displays more information on topics based on the section the user is trying to complete.

5. Convenience, accuracy and affordability all in one: TaxMunshi™ is an accurate and affordable tax preparation application that allows users to complete preparation of ITR-1 and ITR-2 in less than 20 minutes.

6. Saves information securely for users to access anytime anywhere: Information resides in a secure environment so that users can access it anytime anywhere. Returning users can start from last year’s form thus making the process of tax filing even more convenient.

How it works

TaxMunshi's simple question-and-answer interface guides users through the tax preparation process. In a few easy steps, the can provide basic personal information, along with income, adjustment & deduction information and details of taxes paid. The application generates the appropriate Income Tax Return form. The user can either turn in the printed form to the local income tax office or upload the XML to Income Tax Department (ITD)’s website and mail acknowledgement to ITD.

TaxMunshi’s Guarantee: TaxMunshi™ is backed by the PaisaaTM Money-Back Guarantee.

Contact Information:

For more information pls. contact Pallavi Raj (Email: pallavi@paisaa.in)

Notes to Editor

At Paisaa™, we innovate to create simple and powerful financial and tax management solutions that empower individuals to realize their financial aspirations and dreams. Our flagship product is TaxMunshi™, the do-it-yourself online tax preparation service that provides outstanding value to salaried professionals in India, simplifying the way they prepare their income tax returns. TaxMunshi™ is their personal tax advisor, a tax preparation application that helps customers accurately prepare taxes and maximize returns.

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