Author
Archit is the founder and CEO of Cleartax.com. The startup was founded by the father-son duo of Archit and Raja Ram Gupta, along with Ankit Solanki and Srivatsan Chari. Archit holds a B Tech degree in Computer Science from IIT Guwahati and a master’s in Computer Sciences from University of Wisconsin Madison. Prior to setting up ClearTax, he worked at Data Domain Inc which was acquired by EMC2. Raja Ram is a Chartered Accountant and is currently a senior partner at Rawla and Company. Both Solanki and Chari hold B Tech degrees in Computer Science.
Once GST gets implemented, most of the current challenges of this industry will be a story of the past. India will become one single market where goods can move freely and there will much lesser compliances to deal with for startups
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Startups mainly depend on digital payment modes like cards, wallets, mobile banking etc. Already government has announced some benefits for small traders and businessmen with turnover up to Rs 2 crore
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