ENA MSME 2023-02-01 07:08:47 <p><strong>New Delhi, Feb 1 (KNN)</strong> Micro enterprises with turnover of Rs 2 crore and upto Rs 3 crore can avail the benefit of presumptive taxation, said the Union Finance Minister Nirmala Sitharaman on Wednesday.</p> <p>Professional upto Rs 50 lakh can avail presumptive tax benefit upto turn over and gross receipts of Rs 3 crore and Rs 75 lakh.</p> <p>Date of incorporation of start-ups for it benefits extended from March 31, 2023 to March 31, 2024.</p> <p>Indirect Tax proposals aim to promote exports, boost domestic manufacturing, enhance domestic value addition, and encourage green energy and mobility. <em><strong>(KNN Bureau)</strong></em></p> <p><strong><a href="https://bit.ly/3B9mZSj"><img alt="FOLLOW US on GOOGLE NEWS" src="https://knnindia.co.in//uploads/gallery/GoogleNews.jpg" style="border-style:solid; border-width:1px; height:95px; margin:1px; width:299px" /></a></strong></p> 32141 https://knnindia.co.in/news/newsdetails/msme/union-budget-speech-micro-enterprises-with-rs-2-cr-turnover-can-avail-presumptive-taxation 2023-02-01 07:08:47 knnindia.co.in