Presumptive Taxation Archives

Transitioning from Old to New Tax Regime Post Budget 2024

By CA ALOK KUMAR July 27, 2024Direct Tax, HUF Taxation, Income Tax, Income Tax Act 1961, Income Tax Department, New Tax Regime, New Tax System, NRI Tax In India, Presumptive Taxation1 Comment

Budget 2024 has introduced significant changes to the new tax regime, offering increased tax relief by revising income tax slabs and enhancing standard deductions. Taxpayers now face a crucial decision:…

Presumptive Taxation Scheme – 22 Important FAQ’s

By CA ALOK KUMAR April 28, 2023Income Tax, Income Tax Act 1961, Presumptive Taxation, Sec 44AD, Sec 44ADA, Sec 44AENo Comments

Presumtive Taxation Scheme in India

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