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The TDS threshold on interest payouts for senior citizens has been raised to Rs 1 lakh from Rs 50,000. “The increase in the limit for TDS on interest to Rs 1 lakh will ensure greater cash flow in the ...
The threshold to collect tax at source on remittances under RBI’s liberalised remittance scheme (LRS) is proposed to be increased from ₹7 lakh to ₹10 lakh.
The Union Budget 2025 introduces a TDS hike on rentals up to Rs 6 lakh and SWAMIH Fund 2.0 to boost real estate. According to Niranjan Hiranandani, these measures will enhance rental investments and ...