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<h1>Finance Bill 2010 amends section 44AD, raising turnover threshold for presumptive tax on business profits to 60 lakh.</h1> Clause 15 of the Finance Bill, 2010 proposes an amendment to section 44AD of the Income-tax Act, which pertains to the presumptive taxation of business profits. The amendment changes the definition of 'eligible business' by increasing the turnover threshold from forty lakh rupees to sixty lakh rupees. This adjustment excludes businesses involved in plying, hiring, or leasing goods carriages, as covered under section 44AE. The revised threshold will be effective from April 1, 2011, and applicable to the assessment year 2011-2012 and subsequent years.