Budget 2024 Expectations Live: The International Monetary Fund (IMF) has raised its GDP growth forecast for India to 6.5% for the years 2024-25, which is 0.2 percentage points higher than its previous estimate. However, the new estimate still falls short of Indian authorities expectations.
GST Council meet: The GST Council is expected to shed light on what would constitute online gaming for the purpose of taxing and whether games of skill or chance would be included in the definition.
Online gaming taxation: This comes after over 100 online gaming companies and industry associations approached the Centre last week, urging it to reconsider the 28 per cent GST.
E-Invoicing is no longer the future - it is happening now, and at lightning speed. All around the world businesses and governments are implementing systems for E-Invoicing and E-Reporting. In several countries it is mandatory already or will become soon. But only if implemented in an efficient and consistent way, the huge benefits e. g. real time early warning systems for fraud or cost saving invoicing and reporting processes will be fully realised. As good as this sounds, there are challenges a