Govt proposes hike in TDS threshold on rent to Rs 6 lakh from Rs 2.4 lakh
The government proposes increasing the TDS threshold on rent from Rs 2.4 lakh to Rs 6 lakh annually as announced by Finance Minister Nirmala Sitharaman in her Budget 2025 speech. This move aims to reduce TDS transactions, offering relief to small taxpayers and simplifying compliance.
The government proposes increasing the TDS threshold on rent from Rs 2.4 lakh to Rs 6 lakh annually as announced by Finance Minister Nirmala Sitharaman in her Budget 2025 speech. This move aims to reduce TDS transactions, offering relief to small taxpayers and simplifying compliance.
