Saturday, May 9, 2026

"tax-deduction-at-source"

Govt proposes hike in threshold for TDS on rent to Rs 6 lakh

Finance Minister proposes 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
Budget 2025-26: Government to rationalise TDS to ease compliance burden

The government will also be introducing new Income Tax (I-T) bill in Parliament next week: Nirmala Sitharaman

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