E-invoicing impact on operations & GST compliance of small businesses. Department of Revenue announced the fifth phase of e-invoicing by shifting the threshold of 20 crore rupees turnover to 10 crore rupees turnover with effect from 1st October, 2022.
E-Invoicing & GST compliance of Small Business Read More »
ESG stands for Environmental, Social and Governance.
ESG – Environmental, Social and Governance Read More »
What is ONDC? – In December 2021, ONDC (Open Network for Digital Commerce) was incorporated as a Section 8 company established by the Department for Promotion of Industry and Internal Trade of the Government of India to develop open e-commerce.
According to the official site on ONDC, It is a network-centric model where, so long as platforms/applications are connected to this open network, buyers and sellers can transact irrespective of the platforms/applications they use. It’s like the “UPI of e-commerce”. ONDC does not require that buyer and seller must use the same platform/application to do a business transaction. Instead, Buyers will be able to access all services currently provided by various sellers on different platforms, through a common network.
ONDC – Open Network for Digital Commerce Read More »
