Tally Solutions has unveiled its latest software version, TallyPrime 5.0, as part of its continued efforts to support India’s fast-growing MSME sector. The new version, which introduces API-driven tax filing and connected GST capabilities, aims to simplify GST filing for businesses, enhancing their operations without the need to visit the GST portal.
TallyPrime 5.0 also expands its global reach by integrating advanced multilingual support, including Arabic and Bangla, catering to the growing demand from the Middle East and Bangladesh markets. The new features provide a comprehensive solution for online GST operations, e-invoicing, and e-way bill generation, along with improved flexibility for GSTR-1 and GSTR-3B reconciliation.
According to Tejas Goenka, Managing Director of Tally Solutions, the new launch will save MSMEs 60-70% of their time on GST filing. Tally aims to grow its user base by 50% over the next three years and expects a compound annual growth rate (CAGR) of 30-40%.In Guwahati, local MSMEs stand to benefit greatly from TallyPrime 5.0’s simplified compliance processes, streamlining operations and promoting growth in the region’s business ecosystem.
