An increase in the number of e-way bills generated for the shipment of goods within and across states suggested there was an uptick in economic activity in November after a dip in October, according ...

India's Goods and Services Tax system shows strong growth but struggles with fake invoice fraud, especially in the scrap sector. This practice allows tax evasion and distorts competition. Exporters ...

The UAE is introducing penalties of up to Dh5,000 for businesses violating e-invoicing requirements. Starting July 2026, all invoices must be created, exchanged, and reported electronically to the ...

A move to strengthen digital systems and tax compliance in the UAE Abu Dhabi: The UAE Ministry of Finance has announced a Cabinet Resolution imposing administrative fines on businesses that do not ...

The government will raise the e-invoice exemption threshold from RM500,000 to RM1 million beginning next year as part of efforts to ease the burden on small and medium enterprises (SMEs). Prime ...

KOTA KINABALU: The government will raise the e-invoice exemption threshold from RM500,000 to RM1mil beginning 2026 as part of efforts to ease the burden on small and medium enterprises (SME). Prime ...

Chennai: The CGST Chennai north commissionerate uncovered a major fake GST invoice racket that generated fraudulent Input Tax Credit (ITC) worth 50.85 crore on bogus invoices estimated at around 300 ...

Egypt - Finance Minister Ahmed Kouchouk said that Egypt is ready to deploy artificial intelligence tools to fully capitalise on its digitised tax and public finance systems. He noted that the ministry ...

With the Philippine tax system undergoing digital transformation, Revenue Regulation (RR) 11-2025, issued by the Bureau of Internal Revenue (BIR), marks another step toward this transition. The shift ...

KUALA LUMPUR: Malaysia’s transition to a fully digital tax ecosystem is gaining pace, with 735 million e-invoices already issued and 44,000 small and micro businesses adopting the system voluntarily, ...