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Increased TDS Threshold on Professional Services | Section 194J Update
Increased Threshold Limit for TDS on Professional Services!

15 Mar, 2025

By Vidhu

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Increased Threshold Limit for TDS on Professional Services!

📢 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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