Nirmala Sitharaman said in Budget 2025 speech that the threshold amounts for tax deduction at source (TDS) will be increased for better clarity and uniformity Union finance minister Nirmala ...

In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced an increase in the threshold for Tax Deduction at Source (TDS) on rent from Rs2.40 lakh per annum to Rs6 ...

FM said, 'The annual limit of Rs 2.40 lakh for TDS on rent is being increased to Rs 6 lakh. This will reduce the number of transactions liable to TDS, thus benefiting small tax payers receiving ...

"The limit for tax deduction on interest for senior citizens is being doubled from the present Rs 50,000 to Rs 1 lakh," she said. For others, the limit for TDS has been increased to Rs 50,000 from ...

Union Budget 2025: Finance Minister Nirmala Sitharaman during Budget 2025 proposed to rationalise tax deduction at source (TDS) by reducing the number of rates and thresholds above which TDS is ...

NEW DELHI: The government on Saturday proposed to enhance annual threshold for deduction of tax at source (TDS) on rent to Rs 6 lakh from the current limit of Rs 2.4 lakh. "I propose to rationalise ...

She said that the Tax Deduction at Source (TDS) rates will be adjusted, and the tax deduction limit for senior citizens will be doubled to Rs. 1 lakh. The time limit to file an updated income tax ...

Finance Minister Nirmala Sitharaman in Budget 2025 hiked the Tax Deducted at Source (TDS) threshold for dividend income from Rs 5,000 to Rs 10,000 per financial year. The threshold for TDS in the ...

"I propose to rationalise Tax Deduction at Source (TDS) by reducing the number of rates and thresholds above which TDS is deducted. Further, threshold amounts for tax deduction will be increased ...

Finance Minister Nirmala Sitharaman on Saturday proposed to enhance annual threshold for deduction of tax at source (TDS) on rent to Rs 6 lakh from the current limit of Rs 2.4 lakh. "I propose to ...