GST E-invoices for companies with Rs 500 crore plus revenue to roll out from October 1 About 48,000 GSTINs are above Rs 500 crore, which contribute to over 45% of the tax revenue. Identified taxpayers are being sent emails to apprise them regarding the preparation of the system, which involves more than 125 accounting and billing softwares on e-invoice.
COVID-19: Campus hiring in engineering colleges by IT firms might see 5-10% drop IT firms are the largest recruiters in engineering colleges, accounting for 70-80 percent job offers. The industry employs about 50 lakh people. Though hiring rate might fall, entry level criteria set to get tougher.
Sensex erases 250-point loss, ends flat; Covid-19 cases, weak global cues weigh Among blue chips, Asian Paints was the biggest Nifty gainer, up over 4 per cent, followed by 1-4 per cent gains in Bajaj Finance, Bajaj Finserv, IndusInd Bank and Maruti Suzuki.