Bodhtree Partners with Infosys to Provide GST Solutions for Clients
Bodhtree Consulting Ltd announced a strategic partnership with Infosys as an Application Service Provider (ASP), wherein, the clients of Infosys will have an option to utilize GSP platform of Bodhtree Consulting for their GST filings.
The size of the project could be over Rs. 200 crore and we are working towards realising these revenues in the next three years.
GSPs (GST Suvidha Provider) and ASPs will provide much needed support to taxpayers in the IT ecosystem for GST filings and other related GST compliances. ASPs will focus on taking taxpayers’ raw data on sales and purchases and converting it into the GST compliant returns. These GST returns, will then be filed on behalf of the filer with GSTN via Bodhtree, as GSP. ASPs will act as a link between the taxpayers and the GSPs.
Bodhtree is one of the GSP’s in the country, leading the GST readiness from technology perspective working alongside the autonomous GSTN body, has made Infosys short list the company as its partner for managing ASP and GSP roles together for their marquee clients, this will take care of their clients complete needs under GST.
Besides, Bodhtree announced its strategic relationship with Stratfit Technologies Pvt. Ltd. (Stratfit) a company promoted by Daniel McKee, USA based Celebrity trainer and Olympic certified coach, Nagarjuna Akkineni, leading film personality, K Sriram, Senior Professional and Entrepreneur and G Vamshi Raju, Entrepreneur.
The relationship includes exclusive marketing rights, technology collaboration, and an investment through debt with an option to convert in to equity. This would be a strategic investment to grow health and fitness business. Bodhtree will bring in its IT solutions capabilities to the table to strengthen the investment in this sector.
