NEW DELHI: Indian corporates are encountering certain challenges related to GST compliance, particularly with the self-invoicing and reverse charge mechanism (RCM) for services received from foreign ...

The Goods and Services Tax (GST) framework in India has undergone several changes since its inception in 2017. One of the most significant updates is the introduction of the Invoice Management System ...

Following the financial news carefully, you will remember that the overall turnover has been reduced to ₹5 crore from ₹10 crore. Does it apply to your enterprise? If yes, opting for an e-Invoice from ...

Businesses will have to quickly get prepared for the new invoice management system under the goods and services tax that will be introduced from October 1. The new functionality will help taxpayers ...