📢 Section 194J Update
TDS on professional services payments is now required to be deducted only if the amount exceeds ₹50,000, up from the previous limit of ₹30,000.
✅ Key Takeaway:
✔️ Higher exemption threshold means reduced TDS compliance burden
✔️ Beneficial for professionals receiving payments below ₹50,000
Stay updated and ensure smooth tax compliance! 💼📊
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