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Tag: ITR 4
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Pay Tax on 50% Income Only – ITR 4, High Tax Savings & Filing Guide
Many small business owners, freelancers, and professionals want to reduce their taxable income legally. One of the easiest ways to do this is by filing ITR 4 under the presumptive taxation scheme, which allows you to pay tax on 50% of your income in certain cases, reducing your tax burden significantly. This article explains how…