What is an e-billing system? How will software businesses benefit from this rule in Nepal?

Nepal budget 2079/80 has provisioned for the compulsory requirement of e-billing for specific companies Shrawan 1, 2079.

The companies that have an annual turnover above Rs 10 crores are required to issue computer-generated e-bills. Otherwise, they would be charged a hefty fine of up to Rs 5 lakhs. If your business is running with an annual turnover above Rs 10 crores, this article is for you.