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CA Dipika Pathak

Stealth • 6m

For Individuals & Partnership firm only (not LLP) . Know when 𝐓𝐚𝐱 𝐀𝐮𝐝𝐢𝐭 is applicable to you & about 𝐩𝐫𝐞𝐬𝐮𝐦𝐩𝐭𝐢𝐯𝐞 𝐭𝐚𝐱𝐚𝐭𝐢𝐨𝐧 For FY 2023-24, the presumptive taxation limits are as follows: If you fall within the limits and pay tax accordingly, you are exempt from a tax audit. ➡ For small businesses under Section 44AD, the limit has increased from Rs. 2 crore to Rs. 3 crore, with income to be declared as 8% of turnover, or 6% for digital receipts. ➡ For professionals like doctors and lawyers under Section 44ADA, the limit has been raised from Rs. 50 lakh to Rs. 75 lakh, with income to be declared as 50% of turnover. The increase in limits is subject to a condition that 95% of the receipts must be through recognised banking channel in both the above cases

0 replies4 likes

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CA Dipika Pathak

Stealth • 6m

Dear business🔊 please note your tax audit applicability ➡️Every business, including private limited companies, individuals, and partnership firms (excluding those opting for the presumptive taxation scheme), is subject to a tax audit ifTotal sale

1 replies4 likes

Anonymous

Stealth • 11d

🔥🕉️ BJP announced No Tax On businesses and startups Upto 2 Crores turnover 💰🇮🇳🚀 • Presumptive Taxation ( Section 44AD ) For Small Businesses: Individuals, HUFs, and partnership firms (except LLPs) can opt. 1= Taxable Income Presumed: • 8% o

2 replies5 likes

Soumyadip Dey

Stealth • 21d

Why some people are saying that "this is the power of meme"?? context: budget announcement 2025 by FM (income tax exemption limit)

1 replies14 likes

Jayant Mundhra
•

Dexter Capital Advisors • 21d

I won’t waste time on old tax regime for two reasons: -> 70%+ income taxpayers had already switched from it by the end of FY24 -> With what’s announced today, it’s anyway dead. One would have to be a fool to stick with it So, what about the News T

9 replies40 likes

Ashutosh Mishra

Stealth • 5m

𝗨𝗣𝗜 𝗧𝗿𝗮𝗻𝘀𝗮𝗰𝘁𝗶𝗼𝗻 𝗟𝗶𝗺𝗶𝘁 𝗧𝗼 𝗕𝗲 𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱 𝗙𝗿𝗼𝗺 ₹𝟭 𝗟𝗮𝗸𝗵 𝗧𝗼 ₹𝟱 𝗟𝗮𝗸𝗵 𝗙𝗼𝗿 𝗖𝗲𝗿𝘁𝗮𝗶𝗻 𝗖𝗮𝘁𝗲𝗴𝗼𝗿𝗶𝗲𝘀 The National Payments Corporation of India (NPCI), which manages UPI, has raised the per-transac

3 replies31 likes

CA Dipika Pathak

Stealth • 10m

Tax and Accounting Compliance within the Online Gaming Sphere!! How it Started in CGST ACT ➡SCHEDULE III of the CGST Act contains “Activities or Transactions which shall be treated neither as a Supply of Goods nor a Supply of Services” #Old Para 6

4 replies9 likes

TREND talks

Stealth • 2m

😳 Guy named Kopparam revealed on twitter that a dosa vendor near his home earns Rs 20,000 daily, amounting to Rs 6 lakh a month. After deducting costs, the vendor takes home Rs 3-3.5 lakh monthly, all without paying tax🤣 but employee gives 7-10% Ta

6 replies15 likes

Aditya Arora
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Faad Network • 26d

Roadside momos stall makes more than a corporate employee? 😧 I) Average corporate employee salary: Assuming Rs 30K/- starting in a Tier 2 city. II)Momos stall owner revenue: Plates sold in a day - 100 Average price per plate - Rs 60 Daily reven

22 replies33 likes

Ishita Singh

Stealth • 2m

Bank of Baroda shares in focus as lender to raise funds via long-term bonds :- Bank of Baroda shares closed 2.07% lower at Rs 250.65 on Wednesday against the previous close of Rs 255.95 on BSE. Total 3.05 lakh shares of Bank of Baroda changed hands

0 replies1 like

Anonymous

Stealth • 4m

Man Earning Rs 10,000 A Month Gets Income Tax Notice Of Rs 2 Cr In Bihar 😂 He was asked to deposit Rs 67 lakh within two days . When he went to the IT department office, he was told to go for an appeal 🥹