In the vast and dynamic landscape of Indian business, the Company Registration Number (CRN) serves as a vital piece of information. The CRN, also known as the Corporate Identification Number (CIN), is a unique identifier assigned to every registered company in India. It plays a pivotal role in ensuring transparency, facilitating legal compliance, and promoting […]
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The presumptive taxation scheme is a simplified method of calculating income tax for small businesses and professionals. Under this scheme, the assessee’s income is presumed to be a certain percentage of their turnover or gross receipts, and they are not required to maintain detailed books of account. This can be a significant benefit for small
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