Vision

Our focus is to collaboratively generate technology solutions into profitable business by being in the forefront of technology development.

Mission

With the power of talent and innovation that our team brings on the table, we provide our customers with high quality, relevant and customised technological solutions, which are easy, efficient, and safe to use.

KS Collect

Challenges and need for the software

In the present scenario, Governments are looking for ideas that can maximise the revenue of their economy and encourage people to become more tax compliant. And KS Collect software, a user-friendly web portal, has been specifically developed for this purpose.

KS Collect solution will help Governments to:

  • Create a centralized-database of revenue-related records. This will improve data accessibility to the authorities.
  • Decrease the number of tax defaulters by providing a control mechanism for preventing malpractices in payments.
  • This will save huge revenue losses – money that the government can use for carrying out developmental works.
  • As every economy runs on taxes, when revenue collection is streamlined, the wealth drain of economy will turn into wealth gain.

Given the significance of taxes, KS Collect software, that updates information of revenue-records in real time, provides financial security and accountability, consumes less time and ultimately increases the revenue generated, is a must-have solution for every Government.

Introduction of KS Collect

After detailed analysis and continuous efforts, KS Infosystems came up with a technology that simplifies numbers, raises government revenue and lowers expenditures – the KS Collect software.

Whether it is the government or an individual, people would be sure about the rate and amount of tax they are supposed to pay. And when there is certainty, there is trust; which further brings credibility into the system.

Things become clearer by understanding the framework of tax collection. The ambiguity associated with tax rates no longer exists. This helps in creating the right business environment, while maintaining security standards and simplifying logistics issues.

Process and Components of the software

Step-by-step process of KS Collect system

  • Registration and verification: The first step is registration of tax-payer and his business. Followed by issuance of Unique Smart Card to Tax Payer i.e. NFC or RFID enabled. Tax-collector goes on the field for inspection and data-verification. Syncs data and links all the business with tax payers.
  • Categorization of taxes: Tax-payer declares the type of tax he is ought to pay.
The proposed solution not only helps in collecting revenue but can also be used for collecting various types of funds and taxes. In fact, more than 70 different types of taxes can be collected using the e-Revenue collection system such as:
  • Market Tax
  • Property Tax
  • Business Tax
  • Taxes are charged as per government law at different rates, depending upon which bracket they lie.
  • Tax collection and invoice generation: Periodic invoice is generated for Auto-periodic taxes
There are two ways of tax-collection – –By POS terminal
  • Tax collection with POS terminal against periodic invoice generated. Covers taxes such as property tax, community market monthly rent, periodic taxes on vehicles
  • Tax collection of spontaneous taxes (parking tax, tool tax) with POS terminal
-Tax payer comes to office and declares the value System generates tax as per value, (Quantity like tax on sales, tax on production, tax on purchasing, tax on registration of vehicles) Advantages that KS Collect offers
  • User Friendly Web Portal
Web Portal organises the processes involved to make it simple to use. The proposed system provides user-friendly background and functions. After login into the system, the user can get a quick view of customized dashboard according to his requirement.
  • Financial Accountability
Government departments do not have to worry about handling cash and entering information. This system makes financial transactions more transparent than ever. Auditing becomes easier as departments have 24*7 access to records of payments. This stops revenue leakage and increases precision of audit central systems.
  • Up-to-Date information with Real-time reports
The application is online and the database is available at a centralised server i.e. there is one-single database. Therefore, one gets up-to-date information as the system offers the ability to watch data flow into the database in real time.This improves reporting capability, and promotes an effective monitoring and supervising system.
  • Security of data and finance
The system makes data and information secure by providing User IDs and Passwords in order to prevent unauthorized access. Data and Payments are secured by using firewall and encrypt system. This enables effective tracking of postings of collections and revenue monitoring by target wise/actual collections.
  • Resource Planning
Helps in resource savings when dealing with a growing market during peak load periods i.e. at the start of special events which can attract mass collection.
  • Backup and Restoring
Regular backup helps to protect data from theft, physical damage and computer viruses and malware. Thus, records will be more protected than in a file-based system. System can be restored if the need arises.
  • Future Ready System
It provides a technical base to further expand online services and develops core knowledge and expertise to help move forward.
  • Case studies Democratic Republic of the Congo
Administered in the Kananga province of Democratic Republic of the Congo, where 60 types of taxes were collected with the help of DJRKOK. With built-in calculation methods, employment of door-to-door collection agents, precise database of taxpayers and revenue collected was available. This led to a 200% increment in the tax collected.
  • The Republic of Benin
KS Collect was applied at the CococoDji Market in Benin. Smart ID Cards were issued to all the shops and owners registered. At the end of the day, the system alerted about the total tax collected and the number of defaulters. This led to revenue enhancement of the municipality and identification of the total number assets that the municipality owned in the markets.