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By CA. Vivaan Deshmukh | 10-08-2026 16:35:00
The presumptive taxation scheme under Section 44AD of the Income-tax Act is designed to make tax compliance easier for eligible small businesses. Instead of maintaining extensive books of account and calculating taxable business income through detailed profit-and-loss records, eligible taxpayers can declare income on a presumptive basis, subject to the applicable conditions. Read More
By CA. Vivaan Deshmukh | 29-07-2026 10:31:00
The Reserve Bank of India (RBI) has, vide order dated April 24, 2026, cancelled the banking licence issued to Paytm Payments Bank Limited (PPBL) under Section 22(4) of the Banking Regulation Act, 1949 (‘BR Act’) effective from close of business on April 24, 2026. Read More
By CA. Vivaan Deshmukh | 27-07-2026 15:28:00
Experience: 20 - 30 years, Salary: 80 Lacs-1 Cr P.A., Role: Banking Operations - Other Read More
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