‘New e-invoicing mandate places increased challenges on businesses’

The new e-invoicing mandate in India has placed increased challenges on businesses, said Avalara, Inc, a provider of cloud-based tax compliance automation for businesses of all sizes. Continue Reading

ICICI bank sells entire stake in GST Network

Private sector ICICI Bank said it has exited the GST Network, the company facilitating collection of the indirect tax, by selling its entire 10 per cent stake to as many as 13 state governments. The stake sale is for aggregate cash consideration of Rs 1 crore, ICICI Bank said in a regulatory filing. Continue Reading