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Eligible gurus consist of interior decorators, engineers, health-related practitioners, plus more. Preserving books of accounts and auditing prerequisites fluctuate depending on earnings amounts. The plan allows for simple tax calculation based on gross receipts.

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All deductions for company fees are considered to have already been permitted. As soon as earnings are taxed at 50% of the gross receipts, the stability of fifty% is deemed for being authorized in direction of every one of the business costs in the assessee. 

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