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CBDT has amended Sec. 44AD of Income Tax; Now Deemed Profits to be taken at 6% (instead of 8%) in the case of Gross Non-cash Turnover; Move by Govt to promote Promote Digital Payments among small traders & for Creation of Less-Cash Economy.
Political parties pe tax exemption pe log aise react kar rahe hai jaise ye rule abhi aya ho , padhe likhe moorkh log ap ko maloom hona chayiye ki it is alraedy exempted since many years, now its duty of our PM to amend the same....
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