Presumptive Taxation Scheme News

Money

New tax regime: Can presumptive taxation make business incomes up to ₹2 crore tax-free?

Small businesses and professionals with turnovers up to ₹2 crore and ₹24 lakh see an opportunity to pay zero tax through the presumptive taxation option under the new regime.

6 min read16 Apr 2025
Money

Will switching to a consultant role at ₹1 crore salary save you tax? Depends on your expenses

Those contemplating such a change must also consider whether forgoing job security and taking up additional tax compliances are worth it.

6 min read12 Aug 2024