Hike in TDS threshold in Budget 2025: How TDS is calculated on fixed deposits?
Finance Minister Nirmala Sitharaman in Budget 2025 introduced a revised threshold for TDS compliance for individuals, senior citizens, and companies. This adjustment aims to provide taxpayers with a means to reduce the amount of tax deducted from their income, while also assisting companies in simplifying their TDS compliance process. The proposed threshold has been increased
Hike in TDS threshold in Budget 2025: How TDS is calculated on fixed deposits? Read More »