Measures for Promoting Digital Payments & Creation of Less-Cash Economy

The benefit of lower rate of Income-tax on digital turnover for small businesses up to a turnover of Rs. Two crore announced by the Government on 19th December, 2016 under Section 44AD of the Income-tax Act, 1961 is a huge benefit given to businessmen for promoting digital/banking transactions. The benefits given are explained in the… Read More Measures for Promoting Digital Payments & Creation of Less-Cash Economy