The government had made it mandatory for businesses with turnover of over Rs 500 crore to generate electronic invoice or e-invoice for B2B transactions, from October 1, 2020.
Hyderabad: Telangana recorded a four per cent increase in GST Collections for December 2020 to Rs 3,543 crore compared to Rs 3,420 crore during the corresponding period last year. The Gross GST revenue collected across India during December 2020 stood at Rs 1,15,174 crore, which is 12 per cent higher than the GST revenues in […]
CBIC had last week amended rules to make it mandatory for businesses with monthly turnover of over Rs 50 lakh to pay at least 1 per cent of their GST liability in cash.
“We have to think of ways to give poor children access to a device that enables them to access classes (may be pre-recorded) and work on improving internet penetration,” he said stressing the need to spend more on healthcare and education.
Further, the State has also been granted permission to obtain an additional borrowing of Rs 5,017 crore equivalent to 0.5 per cent of its Gross State Domestic Product (GSDP)
Visakhapatnam: Andhra Pradesh State FiberNet Ltd (APSFL) has launched new triple play packages in view of increased internet usage due to work from home, online classes, etc. The packages come in the form of Rs.449 and Rs.599 inclusive of GST with internet speeds up to 30 Mbps and 50 Mbps respectively. It has also launched […]
Ajay Bhushan Pandey said the generation of e-way bills, needed for transportation of goods, is back to pre-Covid levels and online payments have risen exponentially
Council, chaired by Finance Minister Nirmala Sitharaman and comprising of state finance ministers, will for the third time in a row discuss the issue of funding the shortfall of GST revenue of states