Problem Statement
Sellers operating on ONDC platforms face significant challenges in navigating complex and dynamic tax regulations. Manual tax reporting processes are time-consuming, error-prone, and can lead to compliance issues. Sellers need an efficient and automated solution to streamline tax reporting, reduce administrative burdens, and ensure adherence to tax regulations.
Abstract
Develop a system that automates tax reporting and compliance for sellers on ONDC platforms. The project aims to leverage technology to create a seamless and user-friendly solution that integrates with ONDC platforms, automating the tax calculation, reporting, and filing processes. By incorporating real-time tax updates and personalized reporting features, the system aims to alleviate the administrative burden on sellers, allowing them to focus more on their core business operations.
Outcome
The project’s outcome is an automated tax reporting system that significantly reduces the administrative burden for sellers on ONDC platforms. Sellers will benefit from accurate and timely tax calculations, automated reporting, and improved compliance with tax regulations. This solution not only saves time and resources but also mitigates the risk of errors associated with manual tax reporting. Overall, the outcome contributes to a more efficient and compliant environment for sellers operating within the ONDC ecosystem.