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Invoices

TReDS platform RXIL finances $12bn in invoices

The Trade Receivables Discounting System (TReDS) platform, Receivables Exchange of India Ltd (RXIL), has financed over five million invoices totalling ₹1 lakh crore (US$12bn). The joint venture, which includes SIDBI, NSE, State Bank of India, ICICI Bank, and YES Bank,...

#bank#invoice#platforms

Indian companies with turnover higher than 5 crore must...

Effective 1st of August, 2023 in India, businesses with a turnover of more than INR 5 crore... (more…)

#compliance#e-invoices#GST


Basware launches SmartPDF with self-validation to automate exception invoices...

Basware, a leader in making accounts payable (AP) automation and invoice processing happen... (more…)

#accounts payable#invoice#supplier payments


South African BBC urges government to pay small businesses...

he Black Business Council (BBC) has requested the President Cyril Ramaphosa to make sure that... (more…)

#overdue invoices


Peru extends the deadline for companies to submit e-invoices

The Peruvian government issued an emergency decree that extends the... (more…)

#COVID#COVID-19#e-invoices


‘E-invoices will improve the economic environment’ in Serbia

The Minister of Finance, Sinisa Mali, explains the improvements of the new... (more…)

#digital#e-invoices#electronic invoicing


Egypt’s tax management system records six millions e-invoices...

The Minister of Finance, Mohamed Maait, said on ... (more…)

#Boost#e-invoices#invoice


Greensill financed ‘imaginary invoices’

After delving deeper into the business of Greensill, it has come to light that some of the invoices... (more…)

#Greensill


Penny helps SMBs and freelancers to transform invoices into...

Cash flow problems have always been an issue for small businesses... (more…)

#Penny


Director handed 10-year ban for creating fake invoices

Pure Point was incorporated in April 2009 and Russell Ivan Murch... (more…)

#fake invoices#insolvency#management


GST Council law panel to take up steps to...

Provisions related to registrations including deemed registrations are likely to be tightened... (more…)

#fake invoices


GST compliance related to e-invoices tightened in India

It has been touted as a game changer, and one of the reasons why the proposed overhaul of ... (more…)

#e-invoices

Almost 7 million e-invoices issued in first week of...

As many as 69.5 lakh e-invoices (invoice reference number) have been generated by 71,000... (more…)

#COVID#COVID-19#e-invoices

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