QRMP SCHEME

Is it mandatory to choose QRMP Scheme all taxpayers?
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Quick Summary
The QRMP (Quarterly Return Monthly Payment) scheme allows taxpayers with an annual turnover of up to ₹5 crore to file returns quarterly. However, it is not mandatory for all taxpayers to opt for this scheme. Businesses have the choice to select it based on their needs and turnover.

If turnover is upto 5 crores rupees then QRMP scheme should be opted

No, QRMP Scheme is not mandatory for all taxpayers

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