{"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
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<\/i> Income tax <\/a>

Breaking: Presumptive Taxation Moves to Section 58 - Complete Guide <\/h1> <\/div>

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 ₹2-3 crore, offering simplified tax computation at 6% for digital transactions and 8% for other receipts, or actual profit—whichever is higher. The change promotes digital payments and reduces compliance burden for small businesses while maintaining revenue collection efficiency. <\/p>

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<\/div> Krishna Gopal Varshney <\/a>

An editor at Myitronline<\/p> <\/div>