๐จ ๐๐๐ฐ ๐๐ง๐๐ข๐๐ง ๐๐๐ ๐๐๐ ๐ข๐ฆ๐ ๐จ ๐ฎ๐ณ
No tax liability for businesses with turnover up to โน2 Cr under Indiaโs new tax regime.
โช๏ธ#Budget2025 Update: Presumptive Taxation (Section 44AD)
๐บBusinesses with turnover up to โน2 crores can declare profits at a presumptive rate.
๐บDigital transactions: 6% profit rate | Cash transactions: 8% profit rate.
Zero Tax on โน2 Crore Turnover๐
๐ธProfit (6% of โน2 crore): โน12 lakh
๐ธAfter deductions, tax liability could be zero or minimal