The outward tax figures that flow from GSTR‑1 to GSTR‑3B should be non‑editable, except through proper amendment routes (like GSTR‑1 amendment tables or a GSTR‑1A‑type mechanism). If a supplier has to ...

What changed?: Businesses must now upload detailed invoice-level data in JSON via Annexure-B for GST refund claims, enabling upfront automated validation. Why it matters: The move aims to reduce ...

In a fresh case of GST fraud, a former employee of a private firm has been arrested by police for allegedly generating fake invoices of around ₹10 crore to claim input tax credit of ₹1.8 crore. A ...

India’s GST e-invoicing system, grounded in Rule 48 (4) of the CGST Rules, now applies to registered taxpayers with turnover above ₹5 crore in any year since 2017–18. Nigeria, meanwhile, is expanding ...

How to reinvent capitalism—and unleash a wave of innovation and growth. by Michael E. Porter and Mark R. Kramer The capitalist system is under siege. In recent years business increasingly has been ...