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Finance Ministry: No Audit for Turnover of Up to Rs 2 Crore if Opted Presumptive Taxation Scheme - (21 Jun 2016)

Finance Ministry has said that small businesses with a total turnover of up to Rs 2 crore will not be required to get their accounts audited if they opt for the presumptive taxation scheme.

Tags : FINANCE MINISTRY   PRESUMPTIVE TAXATION SCHEME   AUDIT  

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