![]() ![]() “This would help in expanding the base of taxpayers, which is one of the stated objectives of GST,” Mani added. Kidlogger Track what your children do and the sites they visit with this mobile Android app Download 4.9 23 Votes Category Keyloggers Program license Free Version 5.6.7 Size 1.11 MB Works under: Windows 7 Program available in English Program by Screenshots Comments Top 6 Kidlogger Alternatives Revealer Keylogger 2. The lowering of the threshold for e-invoicing would also significantly expand the number of GST registrants as the number of entities in the bracket of Rs 5 crore to Rs 20 crore would be very high, said MS Mani, Partner, Deloitte India. This phased move may burden small enterprises, however, it would deter the generation of fake invoices, thereby leading to better tax compliance and collections,” said Tanushree Roy, Director-Indirect Taxation, Nangia Andersen LLP. “With an intent to widen the scope of e-invoicing and promote automation of GST returns, the government is planning to reduce the threshold of raising e-invoices from 20 crore 5 crore. One of the criticisms of GST after it was rolled out on Jwas that the tax authorities have not been able to streamline the return filing process and were not able to do invoice matching between the buyer and supplier because of which there was a fear that there may be revenue leakages and non- compliance was going undetected. These system reforms have played a big role in the recent surge in GST collections from an average of Rs 0.9 trillion in FY18 to Rs 1.23 trillion in FY22 and it may average Rs 1.4-1.5 trillion in FY23, giving some relief to states as a five-year guaranteed GST compensation for shortfall has ended on June 30. E-invoice will (eventually) become universal,” Johri said. “Once one can construct all the returns based on e-invoices, the need for invoice matching itself goes away and yet have a foolproof system of return filing. The e-invoice has resulted in bringing in more taxpayers into the net which rose from about 1.25 crore in October 2020 to about 1.38 crore at present. It has been extended to firms with a turnover between Rs 20 crore to Rs 50 crore from April 1, 2022. KidLogger Parental Control Mod is a modified version of KidLogger Parental Control developed by Staffcounter. In the third phase, firms with a turnover of over Rs 50 crore had to generate e-invoices from April 1, 2021. In the second phase, businesses with a turnover exceeding Rs 100 crore were mandated to issue e-invoices from January 1, 2021. Jan Dhan account balance nudging Rs 2 trillionĮ-invoicing for business-to-business (B2B) transactions started with a very high threshold from October 1, 2020, when firms with a turnover of over Rs 500 crore came under its ambit.
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