E Invoice News

News

CBIC gives 30-day grace period for those not yet ready for GST e-invoice

The compulsory e-invoicing of business-to-business transactions of companies with more than ₹500 crore sales kicks in from Thursday

1 min read30 Sep 2020
News

GST Council to meet on 20 June, may fix Rs50 cr turnover threshold for e-invoice

The GST Council will take a final decision on the turnover threshold for issuance of e-invoice for B2B sales after consultation with states to curb GST evasionThe government plans to roll out the e-invoice system by September

2 min read9 Jun 2019
News

GST Council to examine legal, technical aspects of e-invoice for B2B sales

While one sub-group will examine the business process, policy and legal aspects for generation of e-invoiceThe other sub group will recommend technical aspects for its roll-out

1 min read28 May 2019
Politics

Govt plans to launch GST e-invoices to curb tax evasion

The businesses above a certain turnover threshold will have to generate this new 'e-invoice' systemThe proposed 'e-invoice' is part of the exercise to check GST evasion

2 min read28 Apr 2019
News

China fake invoice evidence mounts as Hong Kong figures diverge

China recorded $1.56 of exports to Hong Kong last month for every $1 in imports Hong Kong registered, leading to a $13.5 billion difference

1 min read28 Oct 2014

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The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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