Income Tax

TDS sections for which payment threshold reduced by Budget 2025-26. See Table

TDS sections for which payment threshold reduced by Budget 2025-26. See Table

The Finance Bill 2025 has increased payments threshold limits for deduction of tax at source under various sections

TDS provisions have various thresholds of amount of payment or amount of income, beyond which tax is required be deducted. It has been proposed to rationalize these thresholds as below:

Table of TDS sections for which payment threshold reduced by Budget 2025-26.

Section Current Threshold Proposed Threshold
193 – Interest on securities Nil Rs. 10000/-
194A – Interest other than  Interest on securities (i) Rs. 50,000/- for senior citizen; (ii) Rs. 40,000/- in case of others when payer is bank, cooperative society and post office (iii) Rs. 5,000/- in other cases (i) Rs. 1,00,000/- for senior citizen; (ii) Rs. 50,000/- in case of others when payer is bank, cooperative society and post office (iii) Rs. 10,000/- in other cases
194 – Dividend for an individual shareholdes Rs. 5000/- Rs. 10000/-
194K – Income in respect of units of a mutual fund or specified company or undertaking Rs. 5,000/- Rs. 10,000/-
194B – Winnings from lottery, crossword puzzle, etc. Aggregate of amounts exceeding of amounts Rs. 10,000/- during the financial year Rs. 10,000/- in respect of a single transaction
194BB – Winnings from horse race
194D – Insurance Commission Rs. 15,000/- Rs. 20,000/-
194G – Income by way of commission, prize etc. on lottery tickets Rs. 15,000/- Rs. 20,000/-
194H – Commission or brokerage Rs. 15,000/- Rs. 20,000/-
194I – Rent Rs. 2,40,000/- during the financial year Rs. 50,000/- per month or part of a month
194J – Fee for professional or technical services Rs. 30,000/- Rs. 50,000/-
194LA – Income by way of enhanced compensation Rs. 2,50,000/- Rs. 5,00,000/-

This amendment will take effect from the 1st day of April 2025.

Download more details of TDS Rationlisation Click Here >>

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