India’s first professional income tax course TaxSpanner, a website for e-filing of income tax returns, has launched
The curriculum is a full-time 2-month course equivalent to 20 hours per week of coaching. It includes a 2-month guaranteed industrial training with TaxSpanner, during which those enrolled will be paid a stipend of Rs 10,000 per month. The course also includes free usage worth Rs 20,000 of TaxSpanner platforms for providing services like filing of ITR 1, ITR 2 and ITR 4, along with TaxOptimizer. The course fee is Rs 25,000 for two months. The course will be available to students in Delhi, Mumbai, Bangalore, Chennai, Kolkata, Hyderabad and Pune. The website sees commerce graduates and CA aspirants as typical candidates for this certification.
Ankur Sharma, CEO, TaxSpanner.com, says, “With almost 4 crore income tax returns filed last year, and the number growing by 5-10% year on year, there is clearly a significant need for trained tax professionals in India. The government laws are also getting stricter with respect to income tax compliance. Through training and certifying Tax Return Professionals, TaxSpanner seeks to fill the resource gap to assist the ever growing population of taxpayers.
The target, at present, is to train 25,000 Income Tax Return Professionals (ITRPs), each of whom will be capable of serving 100-500 taxpayers. At an average income of Rs. 1,000 per customer, an ITRP will be able to earn an additional amount of Rs 1 lakh to Rs 5 lakh in a year. To make this happen, professionals trained by TaxSpanner as per this curriculum will be preferred service providers for TaxSpanner marketplace.”