The central government is planning to make GST e-invoicing mandatory for companies with a turnover of Rs 5 crore and above, thus bringing the threshold down from the current Rs 20 crore, a government official said. The creation of formal jobs for those in the 18-21 age group in India has declined steadily, sharply eroding this cohort’s share of the net new EPF accounts opened over the last four years. Read more on these in our top headlines.
Govt plans to make GST e-invoicing must for companies with Rs 5-cr turnover
The government is planning to make GST e-invoicing mandatory