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of <h1>Two enacted versions of presumptive tax regime differ in cross-references, timing rules, computation and eligibility for small businesses</h1> Two enacted versions establish a presumptive taxation regime for small businesses, goods-carriage operators and certain professionals, but differ in key cross-references and phrasing affecting eligibility, computation and compliance. The final Section clarifies timing for receipts in specified banking/online modes, reframes percentage computation as aggregate components, shifts references (affecting which professions qualify and which audit/deduction rules apply), and expressly excludes goods-carriage receipts from sections governing bookkeeping/audit monetary limits. Practically, taxpayers must verify the enacted section references, time banking/online receipts to secure the favourable 6% component, apply the revised partner deduction cross-reference for transport firms, and maintain books/audits if claiming lower actual profits.
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