"

Estimated reading time: 0 minutes, 32 seconds

Thomson Moves into Indian Tax Market

fast facts logoThomson Reuters has entered the tax and accounting market in India through the acquisition of Fast Facts. Fast Facts, based in Mumbai, produces tax software and claims about 10,000 professionals and small firms as users. Users also include Big Four accounting firms, banks and multinational corporations.

Fast Facts has 35 employees and operates through sales distribution partners in 10 cities in the country. Terms were not disclosed. The company's flagship product, TdsPac, integrates with accounting software. TDS, Tax deduction at source, is a method of collecting assessed taxes in India. The company also markets PayPac, a payroll application; FAMs for Fixed Assets Register and Depreciation Calculation; and an efiling application called eTDSWizard.

Read 4069 times
Rate this item
(0 votes)

Visit other PMG Sites:

Template Settings

Color

For each color, the params below will give default values
Tomato Green Blue Cyan Dark_Red Dark_Blue

Body

Background Color
Text Color

Header

Background Color

Footer

Select menu
Google Font
Body Font-size
Body Font-family
Direction
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.