08/05/2026
๐๐๐๐ญ๐ข๐จ๐ง 44๐๐ โ ๐๐ซ๐๐ฌ๐ฎ๐ฆ๐ฉ๐ญ๐ข๐ฏ๐ ๐๐๐ฑ๐๐ญ๐ข๐จ๐ง ๐๐๐ก๐๐ฆ๐
Section 44AD of the Income Tax Act offers a simplified presumptive taxation scheme for small businesses, reducing compliance burden and eliminating the need for tax audits in most cases. Eligible taxpayers can declare profits at 6% or 8% of turnover, making tax filing easier and more efficient for FY 2025โ26.