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Tag: Punit Agarwal

business

CoinDCX in Partnership with KoinX Launches Assisted IT Filing for Seamless Crypto Tax Compliance

Jun 20, 2024 by Gayathri Pariti 0 Comments #CoinDCX, #CoinDCX in Partnership with KoinX, #Founder of KoinX, #India's largest and first FIU-compliant crypto exchange, #IT Filing for Seamless Crypto Tax Compliance, #Mridul Gupta, #Mumbai, #Punit Agarwal

Mumbai, June 20, 2024– CoinDCX, India’s largest and first FIU-compliant crypto exchange, in partnership with KoinX India’s most trusted crypto tax software, are thrilled to announce the launch of Assisted IT Filing for seamless crypto tax compliance. This innovative collaboration aims to simplify the tax filing process for crypto investors, ensuring a hassle-free and secure experience.

As the tax season approaches, many crypto investors face the challenge of managing tax obligations, including the 1% TDS and 30% tax on crypto profits. CoinDCX, committed to enhancing the user experience, has taken a significant step forward by integrating KoinX’s robust compliance infrastructure into its platform. This partnership goes beyond providing transaction statements, offering comprehensive assistance in filing Income Tax Returns (ITR) for crypto transactions across all exchanges, including taxes on mining crypto.

Key Features of the Assisted IT Filing Service

  • Personal Tax Consultant: A tax consultant will guide users through the entire process of preparing and filing their tax returns.
  • Seamless Integration: With KoinX’s seamless integration, CoinDCX users can effortlessly manage their tax obligations without disrupting their investment activities.
  • Automated Tax Calculations: With a simple click, users can generate detailed tax reports and leverage automated tax calculation services.
  • Comprehensive Tax Reporting: The service includes access to KoinX’s comprehensive suite of tax reporting tools, providing valuable portfolio insights and assistance in filing ITR.
  • VDA-Compliant Tax Reports: Users can conveniently download VDA-compliant tax reports essential for filing their Income Tax Returns, not only for the CoinDCX exchange but also for other popular exchanges operating in India.
  • User-Friendly Interface: The intuitive and user-friendly interface of KoinX ensures a smooth user experience and is available for a nominal fee.

“We are excited to partner with KoinX to offer this much-needed service to our users,” said Mridul Gupta, COO at CoinDCX. “This collaboration marks a significant step in enhancing the user experience by providing a robust compliance infrastructure to report taxes accurately. By integrating KoinX into our platform, we aim to alleviate the complexities associated with tax reporting, ultimately saving users valuable time and effort, especially during tax seasons. The Assisted IT Filing service is set to revolutionize how crypto investors manage their tax obligations, ensuring they remain compliant with regulatory requirements.”

Punit Agarwal, Founder of KoinX, stated, continuing our dedication to delivering effortless crypto tax solutions “In line with CoinDCX’s commitment to ensuring a compliant crypto trading journey, we take pride in offering a one-click solution and assisted tax filing. This feature allows users to calculate and file their taxes effortlessly, emphasizing KoinX’s dedication to providing easy integration for a user-friendly experience. KoinX focuses on reaching a larger pool of crypto investors, ultimately leading to a more significant number of compliant and satisfied users.”

Punit Agarwal, M.D & C.E.O, Nirvana Realty
business

Nirvana Realty’s unique pet-friendly homes are all set to leverage the country’s rising wave of pet ownership

Jan 5, 2022 by Gouri 0 Comments #Nirvana Realty, #Pet ownership, #pet-friendly homes, #Punit Agarwal

Mumbai, January 3, 2022: Pet ownership has risen worldwide as the pandemic compelled people to stay indoors for elongated time intervals. According to industry surveys, our country records an anticipated pet population of 28 to 29 million, with dogs making up the bulk of pet ownership and cats, on the other hand, have been witnessing a more recent uptick in adoption. Owing of pets has nevertheless vividly surged amidst the outbreak, mainly because pets did play an instrumental role in sustaining one’s mental wellness and lessening loneliness during the stay-at-home phase. Home quarantine and subsequent lockdowns have persuaded homeowners to satisfy their past ambitions of owning a pet and hence are looking to invest in homes having the environment and lifestyle to facilitate that.

Although pet ownership has witnessed a surge, it has been observed that with having pets comes to the restriction to roam around freely without the worry of them. Once the lockdown was lifted, people started facing issues while exploring with their pets, as some holiday places have many restrictions. It is in this backdrop that Nirvana Realty, one of the leading developers in Maharashtra’s weekend home market has launched spacious pet-friendly holiday homes in high-growth second home destinations like City of Music, Khoppli and Wollywood, Wada.

Pets are an important part of our family, hence it is essential to provide them with an equally comfortable home with no space constraints and ample of dedicated amenities. Pet ownership being a predominant part presently, it follows that pets can certainly factor into the home buyer’s investment decisions too. Pets do influence one’s residential preferences, in fact, in some cases, they may even be the catalyst for a move, along with other factors, such as remote work or fluctuating family priorities. Demand for animal-friendly rentals has been estimated to double up as tenants who acquired pets in the midst of the lockdown are now looking to invest in bigger and more spacious family homes to accommodate their requisites.

Lending these spaces, a distinctiveness compared to traditional weekend homes are the superior amenities offered at Nirvana Realty’s pet-friendly weekend homes. These homes come equipped with state-of-the-art outdoor facilities like signature dog pools, grooming stations, miniature dog parks, pet cafes, pet events and fun activities, dedicated caretakers, veterinary clinics, and dog-walking services. The indoor features encompass rooms with pet-sized furniture, custom-built cabinets for food bowls, plenty of open areas, hard surface flooring, pet doors that avert them from running out and built-in wash areas. While pet owners enjoy and relax with nature, they can rest assured that their pet is perfectly taken care of by the management team.

Mr. Punit Agarwal, M.D & C.E.O, Nirvana Realty, said, “The holiday homes segment has done well, driven by the strong demand coming in by probable end-users. This is because the vacation homes market follows a diverse dynamic and is immune to a slowdown affecting the real estate sector in general. The upswing in pet ownership due to the significance of pet companionship during the quarantine periods have been well documented, and the industry has been witnessing this translate to the rental market. These demands have driven the growth for pet-friendly villas or weekend homes replete with contemporary features, in many preferred weekend destinations. Our signature holiday homes factor in a multitude of features, thus augmenting the lifestyle quotients of customers and their fur companions.