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KoinX Partners with Mudrex to Streamline Crypto Tax Filing

By Team VS
New Update
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KoinX has announced a strategic partnership with Mudrex to simplify the tax filing process for crypto investors in India and to establish a compliance infrastructure that is both user-friendly and robust.

Users can now produce precise tax reports with just a few clicks by integrating KoinX's comprehensive tax reporting capabilities with Mudrex's platform.

This partnership not only streamlines the tax filing process but also promotes greater transparency within the cryptocurrency industry. This partnership aims to contribute to the overall development and maturity of the crypto industry in India by cultivating a more compliant and content user base.

Read also - India’s Crypto Exchange CoinDCX Acquires Crypto Leader BitOasis

KoinX's comprehensive suite of crypto tax reporting tools will be accessible to Mudrex users as a result of this partnership. It is important to note that crypto users have the ability to obtain VDA-compliant tax reports, which are necessary for the filing of their ITRs for Mudrex and other popular exchanges in India.

Users can accurately and efficiently determine their crypto tax liabilities with KoinX's sophisticated technology, which supports over 25,000 crypto assets, NFTs, mining, and DEXes.


Edul Patel, CEO & Co-founder, Mudrex, said: "This collaboration with KoinX provides a seamless and compliant investment experience, empowering users to navigate the complexities of crypto taxation with confidence and ease,"

About KoinX

Founded in 2022 by Punit Agarwal, KoinX was founded with a singular mission: to simplify the often complex world of crypto tax calculations, reporting, and accounting.

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Madanagopal brings extensive experience in fostering innovation and helping entrepreneurial ventures grow across different sectors. He has played a key role in developing India's tech ecosystem and understands the challenges and opportunities in the startup world. 

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This experience will help MeitY Startup Hub strengthen India’s position as a global leader in technology and innovation.

As CEO, Madanagopal will lead MeitY Startup Hub in building a stronger, scalable, and sustainable tech startup ecosystem. The Hub has already helped thousands of tech startups in India and his leadership will further drive innovation, collaboration, and growth in the sector.

With his guidance the Hub is set to achieve new milestones, supporting entrepreneurs and creating opportunities for startups to succeed both in India and internationally.

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Madanagopal’s focus as CEO will be on supporting young innovators promoting research and development and ensuring access to key resources. His leadership is expected to help the Hub make India a global leader in technology and innovation.

About Ministry of Electronics & Information Technology

The Ministry of Electronics & Information Technology (MeitY) is also leading various initiatives to expand the innovation and intellectual property ecosystem across the country.