"Bhagyashri Shreenath is a full-time Content Specialist and a part-time influencer. She loves to write about the gaps in organization & human resource management and strategies to handle the related concerns. She loves traveling, reading and dancing."
The Presumptive Taxation Scheme, according to sections 44AA of the Income-tax Act, 1961, was introduced to relieve the small business owners and income professionals from maintaining a book of accounts. They will now be enabled to declare their total taxable income at a predefined rate.
