Budget 2025: TDS limit for rent payment raised to ₹6 lakh; no TCS on remittances for study abroad
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.
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TDS For Senior Citizens Increased From Rs 50,000 To Rs 1,00,000, Says Sitharaman
Sitharaman also said that the annual limit on rent has been raised to 6 lakh for TDS for senior citizens during her Budget ...