PETALING JAYA: The government should reconsider electronic invoicing (e-invoicing) as the proper mechanism is not in place to meet the deadlines set for its implementation, says Datuk Seri Dr Wee Ka ...

KUALA LUMPUR: The implementation of the electronic invoicing system (e-invoicing) will bode well should the government opt to reinstate the Goods and Services Tax (GST), and simultaneously, assist it ...

Paper-based manual accounting and financial processes have posed enduring challenges to the growth of MSMEs. However, within the core of India’s digital transformation lies a nuanced yet impactful ...

In a move that would add to the compliance requirements for small and medium businesses under the GST regime while expanding the tax net, the Centre has made it mandatory for all businesses with an ...

The GST e-invoicing will likely be mandatory for firms with a turnover of over Rs 5 crore from January 1, 2023, down from the current threshold of Rs 20 crore to further plug leakages, ensure better ...

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 ...

India has no proposal to relax the mandatory provisions of e-invoicing under the goods and services tax regime, according to a parliamentary response by the finance minister. “At present, there is no ...

Indian businesses are growing at an increased pace, which has necessitated the digitalisation of business processes and finance for every company, big or small. Today, more and more Indian companies ...

The Union government has notified lowering of the threshold for e-invoicing from Rs 10 crore to Rs 5 crore following which it will be mandatory for smaller businesses to carry business transactions ...

The current threshold for e-invoicing is Rs 10 crore Mid-sized and expanding small businesses will be brought under the norms Threshold lowered gradually over the years Starting August 1, businesses ...