Income Tax, GST & Finance Guides for India

44AD presumptive tax for small businesses: 6 percent digital and 8 percent cash rates

44AD Presumptive Tax for Small Businesses (2026): 6% and 8% Rates, Rs 3 Crore Limit and Who Cannot Use It

Section 44AD lets small businesses declare 6% of digital and 8% of cash turnover as income instead of tracking every expense. Turnover limits, eligibility, ITR-4 and the 5-year rule explained.

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GST composition scheme 2026 rates limits and CMP-08 filing guide

GST Composition Scheme (2026): 1%, 5% & 6% Rates, ₹1.5 Crore Limit, Eligibility and CMP-08 Filing

GST composition scheme explained: 1% for traders and manufacturers, 5% for restaurants, 6% for small service providers. ₹1.5 crore limit, who cannot opt in, CMP-08 quarterly dates and GSTR-4 annual return.

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