Deduction in Presumptive Business

This discussion clarifies whether presumptive taxation businesses can claim income tax deductions under the new tax regime. While presumptive tax rates (6% for digital, 8% for non-digital) are fixed, the conversation highlights that deductions under Chapter VI (Sections 80C to 80U) are generally allowed separately. However, it's confirmed that no specific deductions are available within the new tax regime itself for presumptive businesses beyond these standard Chapter VI allowances.