Union Budget 2023-24 Analysis Budget Highlights : Union Budget 2023-24 Analysis Expenditure: Union Budget 2023-24 Analysis The government plans to spend Rs 45,03,097 crore in the fiscal year 2023-24, representing a 7.5% increase over the revised estimate of 2022-23. Additionally, in 2022-23, total expenditure is estimated to be 6.1% higher than the budget … Read more
How to Generate an e-Invoice in GST Portal How to Generate an e-Invoice in GST Portal E-invoicing, a method of electronically authenticating invoices via the GSTN, revolutionises diverse tactics, from go back preparation to e-way bill introduction. Further to this, it also establishes a fashionable schema for speedy statistics trade throughout distinctive systems. How to … Read more
The process of generating or raising an e-Invoice involves several stages: ERP System Configuration: Process of getting an e invoice The taxpayer ensures that their ERP system is reconfigured according to PEPPOL (Pan-European Public Procurement Online) standards. They may coordinate with their software service provider to incorporate the standard e-Invoicing schema and include mandatory parameters … Read more
What is e-invoicing under GST? What is e-Invoicing Under GST? e-Invoicing under the Goods and Services Tax (GST) regime is a system where Business-to-Business (B2B) invoices and certain other documents are electronically authenticated by the GSTN (Goods and Services Tax Network) for subsequent use on the common GST portal. What is e-Invoicing Under GST? The … Read more
Introduction: GST Entry A Comprehensive Guide for Businesses Goods and Services Tax (GST) is a fundamental aspect of modern taxation systems, aimed at simplifying and unifying indirect taxes across India. However, for businesses, navigating the complexities of GST entry can be daunting. GST Entry A Comprehensive Guide for Businesses In this detailed blog, we’ll explore … Read more
