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Fintech (71)Date

12 Jul 2025
Fintech

India has over 63 million MSMEs, with the vast majority ...

...(99%+) being micro enterprises—many of them informal and based in Tier 2/3 cities. States like Uttar Pradesh, Bihar, Madhya Pradesh, and West Bengal have the highest SME densities and the lowest financial/tax literacy. These regions present a major opportunity for a digital tax compliance service targeting small businesses. Most operate without regular filings, lack CA access, and rely on manual processes. A simple, localized platform—especially in Hindi or regional languages,can tap into this underserved market and bring millions into formal, consistent tax behavior.

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