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The language has been simplified but the legal effect is the same. Section 44AD is now Section 58. You do not need to change your tax planning or compliance approach. Update section references in new filings.
Section 44AD: Presumptive income at 8%/6% of turnover for eligible businesses with turnover up to Rs. 2 crore (Rs. 3 crore with digital receipts ≥ 95%).
Section 58: Special provision for computing profits and gains on presumptive basis. Consolidated — covers 44AD, 44ADA, and 44AE equivalents.
Sections 44AD, 44ADA, and 44AE consolidated into Section 58. Rates and thresholds unchanged.
Language simplified or restructured for clarity. Legal effect remains the same.