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. 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.  Zee News :Business