Complete TDS Rate and Threshold Limit Changes proposed in Union Budget 2025

The Union Budget 2025 outlined a comprehensive list of proposed changes to TDS rates and thresholds. Several revisions were made, including raising limits for various types of income and updating rates for non-residents and foreign investors. These changes are intended to streamline the tax deduction process and reduce the administrative burden on both taxpayers and the tax authorities. By adjusting the thresholds and rates, the government seeks to enhance the efficiency and fairness of the tax system, particularly for individuals and businesses that are subject to TDS. The overall goal is to make the taxation system more responsive and equitable, promoting greater compliance among taxpayers.