Presumptive taxation: How it is beneficial for small business?
The government in the budget 2023 extended the limit for presumptive tax for small businesses from Rs 2 crore to Rs 3 crore and for individual professionals from Rs 50 lakhs to Rs 75 lakhs. Anup Bansal, Chief Business Officer, Scripbox, said that the new limit will be applicable from the new financial year
Written By: Zee Business Video Team