Budget 2025: Presumptive tax may cover emerging tech

  • Posted on January 28, 2025
  • By Business News Today
  • 2 Views
Budget 2025: Presumptive tax may cover emerging tech

The February 1 budget may expand the presumptive tax regime to include sectors like data centres, AI, and green technology, raising the turnover limit. The aim is to support innovation and entrepreneurship, particularly for small businesses and professionals, by simplifying tax processes.
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