Chinese food delivery giant Meituan beats revenue estimatesMeituan, which has an app that provides services as varied as bike-sharing, ticket-booking and maps, reported revenue in the three months t...
Regulator moves to check import of fake cosmeticsThe Drugs Controller General of India (DCGI) has asked importers of cosmetics to provide information on consignments, bills, quantity impor...
Who is Maryam Moshiri? BBC presenter caught showing middle finger during live broadcastBBC news anchor Maryam Moshiri, inadvertently caught on camera displaying a middle finger at the beginning of her program, issued an apolog...
Businesses over turnover over Rs 100 cr cannot report e–invoices older than 30 days from Nov 1Businesses in India with an aggregate annual turnover of over Rs 100 crore will now have a time limit of 30 days to report e-invoices under...
Dish TV board rejects second EGM requisition notice of minority shareholdersDish TV India's board has upheld its earlier decision to reject a second request by minority shareholders to conduct an Extraordinary Gener...
E-invoice enabled for businesses with annual turnover of Rs 5 croreOfficials said that enabling it over a month in advance will help in smooth transition for small businesses and will fix any difficulty fac...
GST e-Invoicing and time of supply provisions: Should they be in sync?The concept of e-invoicing at this scale is new in the Indian indirect tax environment and its impact on regular commercial practices has j...
6.03 crore GST e-invoices generated in December 2020Notably, the e-way bill generation from the National Informatics Centre (NIC) developed e-way bill system is also highest during September ...
E-way bills: 64.1 million e-invoices generated in October, highest since the introduction of the systemThe e-invoice system under goods and services tax (GST) was launched on October 1, 2020 for the businesses with aggregate turnover of more ...
Business with turnover of over Rs 100 crore to generate e-invoice for B2B deals from JanThe electronic invoicing system for business to business transactions was implemented on a mandatory basis for companies with turnover abov...
Industry bodies and MNCs seek deferment of mandatory e-invoicing till JanuaryAs per a survey conducted by Assocham, over 90% of its members have sought for the extension. "We have requested the government to introduc...
GST Network issues FAQs on invoicing scheme ahead of Oct 1 launchThe GST Network issued clarifications through frequently asked questions on Monday, ahead of the October 1 launch of the scheme for busines...
A new worry haunts FPIsThe new electronic invoicing system, taking effect from October 1, requires entities to upload the invoice details on the GST portal on a r...
EY and Automation Anywhere to bring RPA-based tax automation solutionsThe RPA solutions are aimed to automate high volume tax compliance processes across various industry sectors.
How e-invoicing under GST will help businesses in the long runAdopting e- invoicing will save the government a staggering 450 million dollars annually.
Government sets timeline for GST e-invoicing, trial to start January 1, 2020It is to be noted that e-invoice would not mean generation of invoices from a central portal of tax department or GSTN and the taxpayer wou...
- Rupee remains sluggish for sixth week in a row
The Indian rupee this week ended lower by 16 paise at 53.63/64 against the US unit, and remained sluggish for the sixth straight week.