ISBN: 9798230950936
Key Highlights
Purpose & Scope
Focuses on tax provisions applicable to small traders.
Not intended for employees or large corporations.
Covers financial year 2024-25, but advises readers to consult professionals due to changing tax laws.
Tax Compliance for Micro-Businesses
Explains income tax, GST, and other relevant tax regulations.
Provides insights on simplified tax structures for small-scale enterprises.
Discusses tax exemptions and deductions available for small traders.
Practical Guidance
How to file tax returns efficiently.
Avoiding common tax compliance mistakes.
Tax planning strategies for maximizing savings.
Legal Considerations
Importance of maintaining proper financial records.
Legal requirements to avoid penalties and fines.
Case Studies & Examples
Real-life scenarios explaining how tax laws impact micro-business owners.
Who Should Read This Book?
Small vendors, shop owners, and independent traders.
Entrepreneurs starting micro or small-scale businesses.
Anyone looking for simplified explanations of tax laws relevant to small businesses.
Ramesh Kumar P was born in Umarlai Khalsa, Rajasthan, and currently resides in Chennai. With a deep passion for finance, taxation, and business economics, he has dedicated his career to simplifying complex financial principles. His insights have helped numerous individuals and small businesses navigate the world of taxation and finance with confidence.