{"id":1673,"date":"2025-09-30","guid":{"rendered":"https:\/\/APNOKACA.com\/blog\/?p=105601"},"modified":"2025-09-30","slug":"breaking-presumptive-taxation-moves-to-section-58-complete-guide","status":"publish","type":"post","link":"https:\/\/APNOKACA.com\/blog\/breaking-presumptive-taxation-moves-to-section-58-complete-guide","title":{"rendered":"Breaking: Presumptive Taxation Moves to Section 58 - Complete Guide"},"content":{"rendered":"\n
The Income Tax Act 2025 introduces Section 58, replacing Section 44AD for presumptive taxation of small businesses. This provision applies to eligible assessees with turnover up to â¹2-3 crore, offering simplified tax computation at 6% for digital transactions and 8% for other receipts, or actual profitâwhichever is higher. The change promotes digital payments and reduces compliance burden for small businesses while maintaining revenue collection efficiency. <\/p> An editor at Myitronline<\/p> <\/div> comming Soon<\/p> <\/div> comming Soon<\/p> <\/div> <\/div> <\/div> Krishna Gopal Varshney, Founder & CEO of Myitronline Global Services Private Limited at Delhi. A dedicated and tireless Expert Service Provider for the clients seeking tax filing assistance and all other essential requirements associated with Business\/Professional establishment. Connect to us and let us give the Best Support to make you a Success. Visit our website for latest Business News and IT Updates. <\/p> <\/div> <\/div>
<\/div> <\/a>
Krishna Gopal Varshney <\/a><\/h4> An editor at Myitronlinenews<\/small> <\/div> View Articles<\/a> <\/div>
Leave a reply<\/h3> Your email address will not be published. Required fields are marked *<\/small>