The changing legislation piece, technology obsolesces in compliance sphere, a drastic increase in compliance cost, and the need for training are some of the challenges that currently exist in the market. Also, the lack of industry best practices in tax and compliance makes it even more difficult for the entities to rely upon a credible source.

Transforming this landscape and providing best-in-class services to its clients led us to Hyderabad based TaxMarvel, which follows a proactive approach rather than being reactive. “We tend to suggest long term measures instead of providing short term solutions. We collaborate closely with the client to train their staff on recent happenings as well as suggesting gaps in compliance. We circulate regular update mailers, hold training as well as webinars for our stakeholders to keep them abreast with the changes around them. Last but not the least our solutions are most affordable in terms of pricing and effectiveness,” explicates Rohit Kumar Singh, Founder of TaxMarvel, who is a Chartered Accountant, Company Secretary, Cost Accountant, Gold Medalist in Law and DISA (ICAI)

Before setting up TaxMarvel, Rohit has been associated with a leading player in the construction industry, Big4 consulting firm, and has headed a leading GST Suvidha Provider(GSP). He has been credited with setting up the compliance vertical of the GSP, as well as acted as front end interface for corporate clients, industry association, and regulatory bodies.

Smitten by innovation, TaxMarvel always believes in delivering value to its clients

The Subject Matter Experts on the Go!
Founded in September 2018, TaxMarvel takes great pride in its work, and its strength lies in striking the right team balance, in-depth experience in tax technology space, client first approach, faster deployment of resource, and understanding the pain points of the client. It provides a gamut of services to its clients in GST, Customs & SEZ, Corporate Laws and outsourced Book Keeping Services to businesses across segments, which includes Automobile, Auto components, Media & Entertainment, Hotels & Hospitality, Digital Animation, Apparel manufacturers, Retail, Manufacturing, IT, ITES & SEZ (Special Economic Zone), Paper Industry, Education and Publishing House, Heavy Industrial Product Manufacturer, E-Vehicle manufacturer, Solar plant EPC Player, and many more. Interestingly, the company has assisted with Indirect Tax Review to India’s only Aerospace Maintenance Repair and Over

haul(MRO)SEZ player.“In a short span of one year, we have been assisting India’s leading players in critical aspects of compliance,” mentions Amit Agarwal, Co-Founder, TaxMarvel.

To this, Aparna Singh, Co-Founder, TaxMarvel adds “In fact, we are assisting leading Pan India Association for Corrugated Box Manufacturers’ in India, i.e.,Indian Corrugated Case Manufacturers’ Association(ICCMA), in GST space for resolving GST issues for the members as well as the association.”

What’s Next?
Smitten by innovation, TaxMarvel al¬ways believes in delivering value to its clients. The company has developed specialized tools and reports for its clients, thereby assisting them in compliance related issues. “Currently, we are working on developing a dedicated portal for stakeholders, wherein they can view real time compliance status on to go, all under one roof,” states Rohit, fascinatingly.

Having its presence in Kolkata, Bangalore, and Delhi, recently, the company has entered in the space of providing end-to-end outsourcing compliance solutions in Accounting, GST, Corporate Laws, Income Tax and TDS to SMEs & MSMEs. Optimistic about the future of TaxMarvel, Rohit concludes, “In last one year, we have focused on developing offerings, understanding client’s needs, and designing solutions. In the coming year, we shall focus on all round growth, in terms of offerings, number of clients, and revenue growth. Also, we will be offering cost effective solutions, where we will be building technology that will suit our clients’ needs to the next level.”