🚨 𝐍𝐞𝐰 𝐈𝐧𝐝𝐢𝐚𝐧 𝐓𝐀𝐗 𝐑𝐞𝐠𝐢𝐦𝐞 🚨
No tax liability for businesses with turnover up to ₹2 Cr under India’s new tax regime.
▪️#Budget2025 Update: Presumptive Taxation (Section 44AD)
🔺Businesses with turnover up to ₹2 crores can declare profits at a presumptive rate.
🔺Digital transactions: 6% profit rate | Cash transactions: 8% profit rate.
Zero Tax on ₹2 Crore Turnover👇
🔸Profit (6% of ₹2 crore): ₹12 lakh
🔸After deductions, tax liability could be zero or minimal.