Taxpayers declare money in a prescribed price irrespective of actual revenue. It can be applicable less than Part 44AD, 44AE, and 44ADA for differing kinds of taxpayers and professions.
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Presumptive taxation scheme allows the taxpayers declare their taxable revenue at a prescribed rate no matter genuine revenue/gains and in turn relieves them from 44 cash your load of sustaining common textbooks of account and obtaining the exact audited.
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Specialists described during the part pays tax on their gross receipts underneath area 44ADA, and they are able to opt for this plan only if their complete income would not exceed Rs.75 lakhs/50 lakhs.
Being a Senior software Manager, HR, simply how much salary must I request? I am moving from Bangalore to Bangkok. We have been two adults and a couple of kids finding out while in the ninth quality.