NEW DELHI: An empowered panel of Goods and Services Tax (GST) Council has recommended excluding businesses with sales up to ₹500 crore from the compulsory e-invoicing of GST, to be rolled out from 1 ...

India’s digital tax journey stands as a strong example of how technology, combined with pragmatic policy, can reshape tax compliance. This is the case for growth across borders and within borders.

The IMS will ensure automatic reflection of invoices in relevant GST returns, allowing for real-time cross-verification of supplier data. The GST Council, in its upcoming meeting on December 21, is ...

For small businesses, getting tax calculations right isn’t just about compliance—it’s about staying transparent, avoiding ...

Following the financial news carefully, you will remember that the overall turnover has been reduced to ₹5 crore from ₹10 crore. Does it apply to your enterprise? If yes, opting for an e-Invoice from ...

It’s been five years since GST was implemented in India and almost two years since the e-invoicing system was introduced. A lot has changed since then. While GST subsumed all indirect taxes and paved ...

‘E-Invoicing’ has been one of the most discussed topics for the past month and it has made its way to the to-do lists of all large corporates having GST aggregate turnover of more than ₹500 crore. The ...

A proper GST invoice is critical to error-free return filing. Here’s everything you should know about how to go about preparing a GST compliant invoice, Come July 1, every seller registered under ...

No further relaxation is likely in terms of e-invoicing as the Centre is set to go ahead with the decision to make GST e-invoicing mandatory for companies with annual turnover of over Rs 500 crore for ...

After involving businesses with an aggregate above 5 Crore, the number of e-Invoicing subscribers has increased notably. This upsurge in the businesses eligible for e-Invoicing has also impacted the ...