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E INVOICING ADOPTION
Trade disruptions, API dependence, compliance costs: Pharma MSMEs spell out policy priorities on World MSME DayIndian pharmaceutical MSMEs are facing immense pressure from rising costs, supply chain woes, and stringent regulations. Industry represent...- Why MSMEs hold the key to India’s biggest AI opportunityIndia is poised for AI leadership, with large businesses rapidly adopting advanced systems. However, millions of MSMEs lag due to tradition...
- How RBI’s 2026 TReDS directions advance the MSME financing reformWith the Budget setting the policy direction and the RBI directions providing the regulatory foundation, TReDS is well positioned to move f...
- Supplier gaps, invoice compliance, credit access continue to hit 5 in 10 MSMEs: SurveyMSMEs are embracing digital procurement for better pricing and efficiency, yet face persistent hurdles in supplier management and payments.
- Yuan or Dollar? Indian businesses explore alternatives as import costs climbIndian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...
- India’s MSMEs are no longer digitising for compliance alone: Tally’s Tejas GoenkaAs MSMEs accelerate their digital transformation journey, technology is becoming central to growth, efficiency, and resilience. Tejas Goenk...
- Speaking diamond: A buyer’s glossary for India’s new disclosure eraIndia's Bureau of Indian Standards (BIS) now mandates clear labeling for natural versus laboratory-grown diamonds, enhancing consumer trust...
- Cement cos in Meghalaya imported nearly 3 lakh mt of coal without valid papers: HC-appointed panelTwo cement companies in Meghalaya face accusations of violating norms in transporting over 2.93 lakh metric tonnes of coal. A high court-ap...
- Study finds Indian firms leading in e-invoicing adoption among biz from 6 major economiesA recent study reveals that Indian companies are leading the way in e-invoicing adoption, with over 80% of invoices received electronically...
- Design architecture for B2C e-invoicing mostly ready: GSTN CEOThe GST Network is preparing to implement e-invoicing for B2C transactions, with the design architecture nearly complete. A pilot project w...
- E-invoice: GST authorities to start sending advisories to non-complaint businessesE-invoicing was initially implemented for large companies with turnover of more than Rs 500 crore, and within 3 years the threshold has now...
- Firms with over Rs 5 cr annual turnover will soon have to generate GST e-invoices for B2B transactions: OfficialCBIC Chairman Vivek Johri said the GST Council, comprising finance ministers of the Centre and states, had decided to implement it in a pha...
- ClearTax launches e-invoicing product to help SMEsThe launch comes at a time when the government has adopted a firm approach towards regulatory compliance with zero tolerance for frauds and...
- Future of GST e-invoicing: India needs a dash of innovation and a sprinkle of radical thinkingIndia can lead developing nations into an era of digital transformation all it needs is some investment.
- New GST filing format, e-invoicing to help in ease of doing biz, reporting for taxes: GSTN CEOThe GSTN CEO said that in India, the aim is to make digitisation part of business process of taxpayers and eliminate all manual reporting.
- 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...
- E-invoicing to be introduced on a voluntary basis: here's what you should knowE-invoicing in India will be a big move, due to the volume of business transactions undertaken every day.
- E-invoicing may begin under GSTThe GST Council has taken a number of measures, such as the introduction of electronic way (e-way) bills, to clamp down on tax evasion.
- GST officials detect tax fraud of Rs 224 cr by 8 companiesThe companies have been generating fake invoices without actual supply of TMT bars, MS bars, MS flat products among others.
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