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Valmo helps delivery partners file ITRs, claims Rs 2 crore in refunds
Nearly 10,000 partners have initiated tax filing, with 70 per cent being first-time filers
BENGALURU: Meesho’s logistics arm Valmo has launched an initiative to simplify income tax return (ITR) filing for its delivery partners, with nearly 10,000 partners initiating the process since July and refunds worth around Rs 2 crore claimed so far.
Nearly 70 per cent of the delivery partners who have initiated filing are first-time tax filers, according to the company.
The programme is aimed at helping partners understand their applicable tax obligations, claim refunds on excess tax deducted at source (TDS) where eligible and establish a formal record of income.
The initiative is particularly relevant for delivery partners, including bike riders, who may have tax deducted from their payouts during the financial year. Filing an ITR allows them to claim a refund when the tax deducted exceeds their final tax liability.
A formal income record can also help partners establish documented earnings when accessing financial services.
“As Valmo’s network grows, we want to make ITR filing simpler and more accessible for our partners, helping those claim their tax refunds while also enabling them to build a formal financial record that can support their longer-term financial aspirations,” Meesho chief financial officer Dhiresh Bansal said.
Valmo has reached delivery partners through WhatsApp and its internal Training Management System, with communications available in seven languages: English, Hindi, Tamil, Telugu, Kannada, Marathi and Bengali.
Partners can access the ClearTax platform directly through these communications to initiate their ITR filing, with support available throughout the process.
The tax filing initiative is part of Valmo’s broader efforts to support individuals and small businesses across its logistics network. The company said it aims to complement earning opportunities with greater access to formal financial services and processes.
Valmo plans to explore further initiatives focused on the financial wellbeing and longer-term economic participation of its delivery partners as its network expands.
