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Home Iconic Brand of the Year 2023

TAXKEY BUSINESS SOLUTIONS PVT. LTD.

TaxKey: A duo’s visionary approach to make business functionality seamless…

admin by admin
April 19, 2023
in Iconic Brand of the Year 2023, Lounge interview
TAXKEY BUSINESS SOLUTIONS PVT. LTD.
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TAXKEY BUSINESS SOLUTIONS PVT. LTD.

TaxKey: A duo’s visionary approach to make business functionality seamless…

Iconic brands thrive on iconic values for sure and Taxkey resonates with the same notion. Why do we claim this? Well, you will get to know about it in this exclusive narrative. Naveen Mandhapalli Dhamodaran and Bhavani A B who are the co-founders and directors of the company sat down for a one-on-one interview with our team. Let’s take delve into what they both have to convey through this read

Company Overview

Trustworthy, A- Assertive, X- Xpertise, K- Knowledgeable, E- Ethical & Y- honestY is how the brand recognizes itself. Taxkey aims to simplify and make Tax, Compliance, and Auditing processes more convenient and humane for businesses, organizations, and entrepreneurs to aid their success. The company aspires to be India’s leading Accounting and Tax Consulting Partner for various entities, including Corporations, Startups, Trusts, and Professionals, by expanding its reach in the areas of Registrations, Compliance, and filings.

The service portfolio includes-

Business Registrations (Company Incorporation, Partnership Firm Registration, Proprietor Registration)
Income tax Filing – Salaried / Business / Individuals / NGO’s/ Society, MSME Registration, FSSAI Registration, GST Registration and Filing of GST Returns, Trademark Registration, Import Export code, Startup India/ ISO Certificate Registration
NGO Formation – Trust Registration, Societies Formation, Association Formation.
NGO Compliances – 12A Certification / 80 G Certification / Darpan Registration / CSR Registration, APEDA Registration Labour Compliances – Professional Tax Registration / Shops Act License / HR & payroll Support / ESI & EPF Registration / Money Lender License / Drug License.
Tax Compliances – TDS Filing, TCS Filing, Bookkeeping Services, Audits.
PAN and TAN Services – Offering in association with Religare Broking Limited.
Insurance Services in Association with Turtlemint Digital Signature Services – in association with E- mudhra & Capricon

What inspired the incorporation of Taxkey?

During a discussion with the co-founders of Taxkey, they shared their epiphany moment that led to the establishment of their company. The idea was born in 2018, with the sole intention of simplifying the lives of businesses and professionals. With recent initiatives of the government, it has become easier to start a business in India.

Taxkey serves as a valuable tool in this process, as it offers guidance and support to individuals and professionals who are taking their first steps in the business world. The name “Taxkey” itself embodies the purpose of the company, as it denotes that the company is the “key” to tackle one’s taxes. The brand name has been trademarked by the trademark registry and has received recognition from the Department for Promotion of Industry and Internal Trade (DPIIT).

By providing assistance in tax, compliance, and auditing tasks, Taxkey aims to make these processes more convenient and straightforward for businesses, organizations, and entrepreneurs. The company envisions becoming India’s top accounting and tax consulting partner for various entities, including corporations, trusts, startups, and professionals.

To achieve this goal, Taxkey plans to expand its services in areas such as registrations, compliance, and filings. Overall, Taxkey is committed to aiding businesses and professionals in their endeavors and helping them achieve success.

Values and attributes scaling the growth

The primary objective of Taxkey is to become India’s premier online platform for Accounting, Tax, and Business Consulting services. The company strives to provide innovative, simple, and transparent solutions that enable clients to achieve their business goals while maintaining the highest standards of ethics and professionalism.

To achieve this objective, Taxkey leverages the latest cuttingedge technologies to deliver reliable, efficient, and transparent Accounting, Tax, and Business Consulting services to clients. The company aims to empower its clients by providing them with the knowledge and tools they need to make informed decisions and achieve their business objectives.

Taxkey’s ultimate goal is to become a pioneer in the industry by expanding its reach across India and delivering exceptional value to its clients. The company is committed to providing genuine service in an ethical way that satisfies clients and supports their businesses’ furtherance. Overall, Taxkey is dedicated to providing clients with the best possible service and enabling them to achieve their business objectives.

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Through its innovative and transparent solutions, the company aims to become India’s leading platform for Accounting, Tax, and Business Consulting services.

The culture contributing to its success

Taxkey started as a small venture with just one part-time intern employee. However, as the demand for their services grew, they hired staff who were experts in their respective fields. Currently, the team consists of 15 employees. To ensure smooth operations, they implemented the virtual server concept in the office, allowing them to work from anywhere and at any time.

Additionally, their data is backed up once every hour to ensure its safety and security. In keeping with their commitment to innovation, they have adopted a digital medium for collecting all of the clients’ data, making it easier to complete their work efficiently. At Taxkey, they understand the power of positive word-ofmouth advertising.

Therefore, they are committed to delivering exceptional customer service, with a focus on building a great customer experience. The team treats every client with individual attention and aims to provide them with complete satisfaction.

The future ahead

When asked to share their vision for the future ahead, the directors conveyed, “Our brand is registered under Trade mark registry and we have been recognized under Startup India and DPIIT. We are planning to expand the business into a larger segment and capture the Indian virtual Accounting Market in upcoming years, we are looking for investors interested to invest in our brand so that we are able to extend our service all over India virtually. We also plan to expand our workforce by 200 in the next few years.”

Words of wisdom shared by the leaders

The key to success in any market is to create leadership without establishing a monopoly. While it is essential to strive for excellence and growth, it is equally important to ensure that the competition remains healthy, and customers have a choice. One way to achieve this is to focus on satisfying your customers. When a company prioritizes customer satisfaction, it can establish a loyal customer base that will keep coming back for repeat business.

This not only builds a positive reputation but also creates a sustainable business model that can thrive over the long term. By prioritizing customer satisfaction, a company can establish a brand name that is remembered in the hearts and minds of customers. When customers are satisfied with a product or service, they are more likely to recommend it to others, which helps to increase the brand’s visibility and reach.

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