Idea behind Sandbox
Businesses generally use 3rd party services to stay Tax Compliant, and we at Quicko realized that integrating such services into business processes was difficult or impossible in most cases.
Hence we decided to build Sandbox, to resolve such inefficient and slow Tax Compliance processes. Tada!
Quicko, through its API platform — Sandbox, aims to simplify compliance for growing businesses. Sandbox provides easy-to-integrate Tax Compliance APIs for FinTech, Stock Brokerages, Banks, E-Commerce, and much more.
How was Sandbox created?
Quicko is a tax compliance platform for individuals and small businesses to prepare and file taxes in India. We created DIY workflows that eliminate the need for Tax specialists for a lot of taxpayers. The rest of Quicko’s customers use our CA-assisted Tax preparation and filing.
In creating the simplified DIY tax workflows, Quicko built multiple APIs like:
Our IT APIs can fetch Income Tax Returns filed by Individuals & Companies to verify their tax compliance status and history. Also, these APIs can certify the incomes of individuals in real-time. And finally, they can also E-File Income Tax Returns directly to Income Tax Department.
Our GST APIs can verify GSTINs to onboard businesses onto your platform. These APIs can also manage and maintain GST data and invoices. Lastly, the GST APIs can prepare GSTR based on your invoices for error-free GSTR filing.
Sandbox TDS APIs can calculate TDS on salary/non-salary payments, generate challans and file TDS returns online. The TDS APIs enable TDS filing for HRMS, ERPs & Account Platforms.
Businesses can choose multiple methods of verifying their customers or vendors digitally using our KYC APIs.
Sandbox is, therefore, a collection of the above tax compliance APIs. Our tax experts constantly update the APIs to enable businesses to continue to stay compliant. We have designed these APIs to allow businesses to easily integrate them into their already existed workflows. The result is frictionless and quicker Tax Compliance for our customers.
Off to a great start!
Within 3 months many large and growing businesses saw value in what we created. Tax compliance APIs by Sandbox are now integrated with platforms of Udaan, Lenskart, Amazon, Gaana, etc to simplify their workflows & make tax compliance easy and efficient.
Let’s talk about one such use case, Udaan, India’s largest B2B e-commerce website, onboards hundreds of vendors on a daily basis. Udaan, integrated sandboxes GST & KYC APIs to simplify their vendor onboarding process. Sandbox APIs provide Udaan with background information of the vendor and their past GST filings, making sure only verified vendors are onboarded to Udaan’s platform.
So, What makes Sandbox unique?
Sandbox is India’s first Tax compliance APIs platform. There are other tax compliance services where one has to go on to a website to use their services. On the other hand, there are purely KYC API services. However, no one except Quicko provides Tax compliant APIs to help businesses stay tax compliant.
Want to know more? Check us out on sandbox.co.in
