Presumptive Taxation Scheme for Business and Professionals

Presumptive Taxation Scheme for Business and Professionals

515 ViewsMaintaining books of accounts is a costly and time-consuming process for businesses and professionals. The government has introduced the presumptive taxation scheme to make tax compliance easier. Under the scheme, eligible business professionals can file returns at a prescribed rate without maintaining their books of accounts. What is the Presumptive Taxation Scheme? According to […]

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