Budget 2025: Limit For Tax Deduction On Interest For Senior Citizens Doubled From Rs 50,000 To Rs 1 Lakh

Budget 2025 TDS announcement: Similarly, 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 benefitting small tax payers receiving small payments.

Feb 1, 2025 - 13:30
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Budget 2025: Limit For Tax Deduction On Interest For Senior Citizens Doubled From Rs 50,000 To Rs 1 Lakh
Budget 2025 TDS announcement: Similarly, 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 benefitting small tax payers receiving small payments.

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