Question
Businesses with a turnover of _____ and above are
obligated to generate e-invoicing for business-to-business (B2B) transactions with effect from August 1,2023.Solution
Businesses with a turnover of Rs 5 crore and above are obligated to generate e-invoicing for business-to-business (B2B) transactions with effect from August 1. Presently, e-invoice is compulsory for companies with a turnover of Rs 10 crore or above.The move is aimed at digitizing higher volumes of transactions, greater transparency in sales reporting, minimizing errors and mismatches, automating data entry work, and improving compliance.
Indian Navy’s INS Tir and ICGS Sarathi conducted joint exercises at RĂ©union Island with which country’s navy in September 2025?Â
Which country has officially abolished the decades-old Kafala labour sponsorship system?Â
Which city is home to the world’s first AI-powered chef restaurant “WOOHOO” featuring Chef Aiman?Â
SEBI has slapped fines totalling ____ on 15 entities for indulging in non-genuine trades in the illiquid stock options segment on BSE.
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India plans to import what percentage of its LPG requirement from the US by 2026?Â
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