Tds Changes In Budget 2025 Pdf. TDS and TCS Due Date Chart for FY 202425 AY 202526 Generally, over the years, it has been observed that amendments relating to TDS/TCS are made applicable from 01-July TDS Rate Chart for FY 2024-2025 (AY 2025-2026): Tax Deduction at Source (TDS) is one of the important compliances of Income Tax.
Updated TDS Rate Chart for FY 202425 (AY 202526) from www.caclubindia.com
The Finance Bill 2025 introduces changes to Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) to improve business ease and taxpayer compliance 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
Updated TDS Rate Chart for FY 202425 (AY 202526)
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. This includes revised TDS thresholds for various payments, higher TCS limits on foreign remittances, and the removal of certain overlapping tax. 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
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 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%).
TDS rate chart for FY 202425 TDS Rate Chart AY 202526 TDS rate. Insurance agents will benefit from an increased TDS threshold of Rs 20,000, up from Rs 15,000, effective April 1, 2025. The Finance Bill 2025 introduces changes to Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) to improve business ease and taxpayer compliance