While the Government of India (Central and State), Tax payers, IT platforms (GSTN), CBEC and various state tax authorities will be the main participants in the roll out of the GST bill, there are several other stakeholders such as RBI, banks, tax professionals, STP, ERP companies, and accounting software package providers etc.
While the GST System will have a G2B portal for taxpayers to access the GST System there will be a wide variety of tax payers (SME, Large Enterprise, Small retail vendor etc.) who will require different kind of facilities like converting their purchase/sales register data in GST compliant format, integration of their Accounting Packages/ERP with GST System. Similarly, the specific needs of an industry or trade could be met by GSP. In short, the GSP can help the taxpayers in GST compliance through their innovative solutions.
Karvy is a leading player in the financial services industry in India. Spanning over a period of over 3 decades, we have established credentials in multiple business lines cutting across Corporate registry, Mutual fund registry, Stock broking, Depository services, Commodities, Realty division, Personal advisory services, E-governance services including System Integration, PAN application processing in partnership with NSDL, Biometric enrolment services under UID & NPR, Economic surveys, BFSI services and Telecom services. We have also been recently awarded the certificate of registration as a KYC Registration Agency by the SEBI and to act as an Insurance Repository by the IRDA and as an e-KYC agency by the UIDAI. Given our wide reach and presence, Karvy is among the few corporates in India to be part of market/near market infrastructure across disparate business lines.
Endowed with a well-trained team of 25,000+ employees, our offices are replete with state of the art infrastructure across our 560+ branch networks across 296 cities/towns. Our client service delivery model is uniquely positioned to offer a 360 degree solution encompassing Technology, People and Infrastructure across the value delivery chain to offer custom built solutions with precision and scale. We would like to use this opportunity to say that the technology backbone at Karvy is completely managed in-house with over 500 seasoned professionals on-board.
Karvy as a GSP has all that it takes to serve its clients – Service , Technology and Experience in handling both the corporates as well as large number of retailers.