Tds Changes In Budget 2025 Pdf

Tds Changes In Budget 2025 Pdf. Tds Rate Changes In Budget 2024 Pdf Nikki Kristin 1 April 2025: TDS on rent INR 2.4 lakh INR 0.50 lakh per month or part of the month TDS on winnings from lottery or crossword puzzle or any other game and horse race Aggregate of amounts exceeding INR 0.1 Insurance agents will benefit from an increased TDS threshold of Rs 20,000, up from Rs 15,000, effective April 1, 2025.

The annual limit of ₹2.40 lakh for TDS on rent increased to ₹6lakh The Union Budget 2025 has introduced significant changes in TDS (Tax Deducted at Source) rates and income tax slabs, bringing much-needed relief for taxpayers.Finance Minister Nirmala Sitharaman announced tax cuts for the middle class and proposed new TDS limits, particularly benefiting senior citizens

Updated TDS Rate Chart for FY 202425 (AY 202526)

TDS on compensation for compulsory acquisition of immovable property INR 2.5 lakh INR 5 lakh Other thresholds w.e.f The proposed changes include a reduction in certain TDS/TCS rates, such as a decrease in TDS for securitization trust income (from 25% to 10%) and TCS on timber (from 2.5% to 2%). Get Union Budget 2024 Highlights, Summary and Latest News Updates on Budget Allocation, new tax regime, old tax regime, Income Tax Slab Changes and Much More.

Tds Rate Changes In Budget 2024 Pdf Dennie Aurilia. The Budget 2025 introduced higher TDS thresholds for commission earnings TDS Rate Chart for FY 2024-2025 (AY 2025-2026): Tax Deduction at Source (TDS) is one of the important compliances of Income Tax.

TDS Rate Chart for FY 20242025 (AY 20252026) IndiaFilings. However, by proposing to amend these provisions from 01-April-2025, establishes the government's intent to reduce the compliance burden and facilitate cash flow management of the taxpayers in some sense. TDS on compensation for compulsory acquisition of immovable property INR 2.5 lakh INR 5 lakh Other thresholds w.e.f