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Over 100,000 small and mid-sized firms flout GST e-invoicing rules

Over 100,000 small and medium-sized businesses are non-compliant with e-invoicing norms under the goods and services tax (GST) regime, a mandatory requirement for businesses with an annual turnover......

Govt notifies procedural changes in GST rules

The government has notified a host of procedural changes in the GST rules, including levy of interest for wrongful utilisation of ITC and turnover threshold for filing annual returns for the......

MSMEs need help again but not the way govt did last time

While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a Parliament panel feels only RBI can provide.......

GST e-invoicing mandatory from Jan 1 if turnover exceeds Rs 100 cr

The government has notified mandatory requirement of e-invoicing for B2B transactions for businesses with a turnover over Rs 100 crore with effect from January 1, 2021. Illustration: Dominic......

GST: Electronic invoicing, new returns to be introduced in 2020

E-invoicing would be implemented on a voluntary basis by those having an annual turnover of above Rs 500 crore from January 1. Illustration: Uttam Ghosh/Rediff.com Two things that will change the......

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