Small shop: 6% and 8% scheme
Sample: Gupta Provision Store, Kanpur. ₹35 lakh sales in FY 2025-26.
₹0 tax on ₹35 lakh of sales
Income at 6% of UPI and card sales and 8% of cash sales. No books needed, ITR-4.
Business, Sec 58 (old 44AD)
| UPI, card and bank sales | ₹25,00,000 |
| Income at 6% | ₹1,50,000 |
| Cash sales | ₹10,00,000 |
| Income at 8% | ₹80,000 |
| Presumptive income | ₹2,30,000 |
Tax
| Tax at slab rates | ₹0 |
| Rebate (Sec 156, old 87A) | ₹0 |
| Tax for the year | ₹0 |