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Business Economy


Zeta launches 3 digital tax optimiser solutions

Bengaluru, Sep 29 (UNI) Leading tax optimser solution provider Zeta
today announced the introduction of three new digital tax optimiser
solutions taking the total offerings from its stable to eight.
Company CEO and co-founder Bhavin Turakhia, a serial tech
entrepreneur of the Directi Group, told newsmen here that Zeta would
invest 25 million USD next year to ramp up its sales and marketing
team.
He said the new solutions, fuel and travel, communications and
books and periodicals, utilising tax compliant benefits could enable
an employee save up to Rs.80,000 per year.
The company already over 300 institutions in its fold covering a
potential 70,000 employees and this number would touch one million
by April next year.
Mr Turakhia said ''all out efforts have been concentrated on
offering a tech facelift to employee tax benefits. Fuel allowances,
mobile bill and books and periodicals reimbursements are probably a
few of the most process plagued benefits''. The solutions offered by
Zeta would make this space more convenient by making it 100 per cent
Zetra's cloud based solution enabled companies to send grants to
employees instantly via a digital dashboard. Employees in turn could
spend it using a MasterCard powered physical super card, a NFC
enabled sticker. Currently Zeta served 35,000 users across the
country.
The company with a group valuation of USD 1.4 billion had over
employees 300 employees.
Mr Turakhia said that there was as many as 51 allowances and
perquisites that provided tax saving benefits in India and Zeta
would cover a maximum of them to serve nearly 2.7 million salaried
people in the country.
UNI CNR RS CS 1546
More News

Universal Sompo General Insurance Company Limited Wins "Golden Peacock Award for Corporate Ethics-2019"

25 Jan 2020 | 11:21 PM

MUMBAI, India, Jan 25, 2020 /PRNewswire/ - Universal Sompo General Insurance Company Limited a Multi-line non-life insurance company has been bestowed with the "Golden Peacock Award for Corporate Ethics-2019" in a Golden Peacock Awards Presentation Ceremony held on Thursday, January 16, 2020, at, Singapore.

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TSGCC achieves Rs 200 Cr turnover in 2019-20 (till Dec’19)

25 Jan 2020 | 7:34 PM

Hyderabad, Jan 25 (UNI) Telangana State Girijan Cooperative Corporation Limited (TSGCCL) has achieved Rs 200.21 crore turnover against Rs 256.89 crore target up to December 2019 of current financial year.

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No impact of slowdown on home furnishing segment: Guj entrepreneur

25 Jan 2020 | 6:00 PM

Ahmedabad, Jan 25 (UNI) The economic slowdown, affecting major sectors like automobile, manufacturing and real estate in the country, has failed to dent the home furnishing segment, which continued an upward trend, registering bumper sales of bed-sheets, towels and similar products, a renowned Gujarat-based businessman, said on Saturday.
According to Sudarshan Golecha, founder of Trecento Store Pvt Ltd, that owns the leading Vintana brand for bed, bath and decor segments, more than 23 crore branded bed-sheets were being sold each year across the country and if the non-branded items are also included the number would be manifold higher.

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VST signs MoU with Czech Republic's Zetor Tractors

VST signs MoU with Czech Republic's Zetor Tractors

25 Jan 2020 | 4:37 PM

Bengaluru, Jan 25 (UNI) Homegrown tractor and farm machinery manufacturing company VST tillers tractors on Saturday entered into a Memorandum of Understanding (MoU) with Czech Republic based Zetor Tractors.

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VST Tillers Tractors joins hands with Czech Republic’s Zetor Tractors

25 Jan 2020 | 4:04 PM

Bengaluru, Jan 25 (UNI) VST Tillers Tractors expanding its global footprint ties up with Czech Republic’s Zetor Tractors, world’s largest tractors manufacturers.

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