In the ever-evolving world of taxes, having reliable and efficient tax software is more than just a necessity. It ensures that our businesses keep on running flawlessly as well as accurately. No matter, if you are an individual taxpayer or a business owner, having access to the best tax software in 2023 can simplify your tax filing and maximise your returns.
These software solutions offer a range of benefits to meet your specific tax needs such as user-friendly interface and advanced features. In this post, we are going to compile a list of the top 15 tax software in India. Please note that we are creating this list meticulously by considering factors such as functionality, affordability, customer support, security, etc.
Top 15 Tax Software in India in 2023
|Rank||Name of the Software||Price (Approx.)|
|1||ClearTax||Gold membership is available at Rs. 2100/- per year|
|2||Tally Prime||Starting at Rs. 600/- per month + GST|
|3||CompuTax||Rs. 5300/- + 18% GST|
|4||Winman Software||Rs. 13,500/- (one-time payment)|
|5||EasyOFFICE||Rs. 11900/- for EasyOFFICE (Professional)|
|6||Sage 50 Accounting||Rs. 4225/- per year for the pro version|
|7||Gen IT Software||Rs. 6000/-|
|8||TaxCloud India||Starting at Rs. 499/-|
|9||Taxbase Pro||Price starting from Rs. 9360/|
|10||Taxblock||Starts at Rs. 8100/-|
|11||Zoho Books||Free Plan is also available|
|12||UltraTax CS||Around Rs. 80000/-|
|13||Saral TaxOffice||Rs. 8800/- (for a single user)|
|14||Spectrum Gold||Starting at Rs. 17000/- per month|
|15||Easy GST||Rs. 1500/- + GST|
Details of 15 Best Tax Software in India
|Name of the Software||ClearTax|
|Developer||Defmacro Software Pvt. Ltd.|
|Top Features||ITR. GST, Invoice Discounting, TDS, Clear Capture, E-Invoicing & E-Way Bill|
|Cons||Sometime server hangs due to usage by a large number of clients|
|Price||Gold membership is available at Rs. 2100/- per year|
ClearTax is a popular tax software that simplifies the process of filing income tax returns. It has both a user-friendly interface and world-class features. This application makes it easy for individual professionals as well as Indian businesses to calculate and file their taxes accurately.
2. Tally Prime
|Name of the Software||Tally Prime|
|Developer||Tally Solutions Private Ltd.|
|Top Features||Inventory Management, Reports, Credit and Cash Flow Management, e-Invoicing, Taxation and Compliance, Banking|
|Cons||UI is not attractive, and Integration is not available with many platforms|
|Price||Silver Rental – Rs. 600/- per month Gold Rental – Rs. 1800/- per month|
Tally Prime is a renowned accounting and taxation software widely used by businesses in India. It is appreciated by many business owners for maintaining accurate tax records, generating GST invoices, and handling various tax calculations effortlessly.
|Name of the Software||CompuTax|
|Developer||Perfect Info Solutions Pvt. Ltd.|
|Top Features||IT returns, GST, TDS, Invoicing, etc.|
|Cons||Automatically generate UDIN option Add-in, UI is a bit sluggish|
|Price||Rs. 5300/- + 18% GST|
CompuTax is a trusted name in the Indian tax software industry. It offers many products/ solutions for income tax computation, e-filing, tax planning, etc. This software is famous for its accuracy and reliability. It serves the needs of individuals as well as businesses.
4. Winman Software
|Name of the Software||Winman Software|
|Developer||Winman Software Pvt. Limited.|
|Top Features||Income Tax computation, Income Tax return generation, e-filing tax returns, etc.|
|Cons||The network Speed is slow|
|Price||Rs. 13,500/- (one-time payment)|
Winman Software is an amazing tax software designed specifically for Indian tax laws and regulations such as GST, ITR, etc. It offers a wide range of features including income tax computation, e-filing, audit reports, etc. Due to its flexibility, it is a popular choice among tax professionals. However, many times, its network speed tends to slow down.
|Name of the Software||EasyOFFICE|
|Top Features||Income Tax, eTDS, Audit, CMA, etc.|
|Cons||Lags cloud capabilities|
|Price||Rs. 11900/- for EasyOFFICE (Professional)|
EasyOFFICE is a versatile tax software that caters to various aspects of finance and accounting. It provides users with features like income tax computation, e-filing, TDS management, etc. The software has an intuitive UI with great tools for easy tax management.
6. Sage 50 Accounting
|Name of the Software||Sage 50 Accounting|
|Developer||Sage Group plc|
|Top Features||Cash Flow and Invoicing, Payments & Banking, Advanced Inventory Management, Payroll, etc.|
|Price||Rs. 4225/- per year for the pro version|
Sage 50 Accounting is a globally recognized accounting software that offers advanced features for tax management. The software is quite reliable and provides real-time updates so that businesses can stay updated with tax policies.
7. Gen IT
|Name of the Software||Gen IT|
|Top Features||Income Tax, GST, Payroll Software, Complaw|
|Cons||Run slow on a weak internet connection|
Gen IT is another popular tax software in India that offers top-notch features. It simplifies the tax filing process by providing efficient tools. With its advanced calculations and integration capabilities, it is one of the favourite tax software of businesses in India.
8. TaxCloud India
|Name of the Software||TaxCloud India|
|Top Features||GST, MaxITC, TDS, E-Invoicing & E-Way Bill, ITR Filing|
|Cons||UI is dull|
|Price||Salary & Income Plan at Rs. 499/-, House Property at Rs. 799/-, Capital Gains & Losses at Rs. 1,799|
The best thing about TaxCloud India is its cloud-based tax solution designed to streamline the tax filing process. Developed by Clear Tax, this software is one of the most affordable options on our list of best tax software in India in 2023.
9. Taxbase Pro
|Name of the Software||Taxbase Pro|
|Developer||Sinewave Computer Services Pvt. Ltd.|
|Top Features||Income Tax, TDS, Document Management System, Audit, Movement of Shares|
|Cons||Setting errors keep on popping up every now and then|
|Price||Price starting from Rs. 9360/-|
Taxbase Pro is another feature-rich tax software trusted by tax professionals across India. It offers an extensive set of tools for income tax computation, e-filing, and tax planning.
|Name of the Software||Taxblock|
|Developer||Taxblock India Private Limited|
|Top Features||GST, Income Tax, US Tax, NRI & Expat Taxation, TDS/TCS, Tax Planning, Tax Technology, etc.|
|Cons||Tax Automation Features could be better|
|Price||Starts at Rs. 8100/-|
Taxblock is a user-friendly tax software that is preferred by both individuals and small businesses. It is true that the subscription to this software is a bit expensive. Still, you get great features for the cost.
11. Zoho Books
|Name of the Software||Zoho Books|
|Top Features||Invoicing, Bills, GST, Reporting, Auditing, Sales Orders, etc.|
|Cons||No Payroll service, Restricted number of users in an account.|
|Price||Starts with a free plan (For businesses with revenue less than 25 Lakhs per annum)|
Zoho Books is an international accounting software equally famous among Indian companies. With this software, you can easily track and manage your expenses, generate accurate GST-compliant invoices, reconcile bank transactions, etc. Overall, it is a one-stop solution for all your tax needs.
12. UltraTax CS
|Name of the Software||UltraTax CS|
|Top Features||Audit & Accounting, Data & Document Management, Tax Planning & Preparation|
|Cons||Large returns can slow down the software|
|Price||Around Rs. 80000/-|
Developed by Thomson Reuters, UltraTax CS is used by thousands of companies around the globe. With its extensive range of modules and customizable features, it ensures that your business accounts always run smoothly.
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13. Saral TaxOffice
|Name of the Software||Saral TaxOffice|
|Developer||Relyon Softech Ltd.|
|Top Features||Bulk Income Tax Return Filing, Audit Report Filing, Tax Compliance, Balance Sheet Preparation|
|Cons||It is a standalone desktop software.|
|Price||Rs. 8800/- (for a single user)|
We can say that Saral TaxOffice is the most Indian-Specific Tax software on our list. It is amazingly reliable and easy to use. However, the affordability of the application could have been better.
14. Spectrum Gold
|Name of the Software||Spectrum Gold|
|Developer||K.D.K. Softwares (India) Pvt. Ltd.|
|Top Features||Automatic Preparation of Returns, Preparation of Trading, P&L Account, MIS reports, etc.|
|Cons||A bit hard to understand for a new user|
|Price||Starting at Rs. 17000/- per month|
Spectrum Gold has all the features that we expect from amazing tax software. However, due to the large number of features, it can be a bit confusing for new users. Still, extensive customization options of spectrum gold make it an ideal choice for organisations in India
15. Easy GST
|Name of the Software||Easy GST|
|Developer||Easy GST Professionals Llp|
|Top Features||Invoicing, Financial Reports, Payroll, GST returns, Asset management, etc.|
|Price||Rs. 1500/- + GST (One-time payment)|
As the name suggests, Easy GST is a tax software designed specifically to simplify tax compliance especially GST in India. It automates the calculation of taxes and helps you stay up-to-date with the latest GST rules and regulations.
Frequently Asked Questions
No, it is not compulsory. You can also choose to file your ITR manually.
Not really. All software on our list prioritises data security and uses encryption technology to safeguard user information.
Yes, there are many tax software applications that provide tax planning features.
Yes, they can handle both state and central GST.
You must consider factors like tax complexity, pricing, user reviews, etc.