Tds Rate Changes In Budget 2024 Pdf Dennie Aurilia

Tds Changes In Budget 2025 Pdf. Tds Rate Changes In Budget 2024 Pdf Nikki Kristin Personal Income Tax reforms with special focus on the middle class Direct Tax proposals Rationalization of TDS/TCS for easing difficulties ₹16-₹20 lakh ₹20-₹24 lakh Nil ₹12-₹16 lakh ₹0-₹4 4 8 ₹8₹ 12 lakh 5% 10% 15% 20% 30% > ₹24 lakh 25% Encouraging. The Budget 2025 has proposed the rationalization of the Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) provisions to simplify tax compliance and ease the burden on taxpayers and businesses

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

New TDS Rates Effective From October 1, You Need To Know

Insurance agents will benefit from an increased TDS threshold of Rs 20,000, up from Rs 15,000, effective April 1, 2025. TDS on compensation for compulsory acquisition of immovable property INR 2.5 lakh INR 5 lakh Other thresholds w.e.f The annual limit of ₹2.40 lakh for TDS on rent increased to ₹6lakh

CBDT revises TDS Rate Chart for AY 202526 All You Need to Know. 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%). The Budget 2025 introduced higher TDS thresholds for commission earnings

Latest TDS Rate Chart for FY 202425 (AY 202526) RazorpayX. Insurance agents will benefit from an increased TDS threshold of Rs 20,000, up from Rs 15,000, effective April 1, 2025. Budget 2025 Highlights: PDF Download, Key Takeaways, Important Points