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Increased Threshold Limit for TDS on Professional Services!

Increased Threshold Limit for TDS on Professional Services!

18 Jul, 2025

📢 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! 💼📊

#TDS #Section194J #TaxUpdate #FinanceNews #ProfessionalServices #ComplianceMatters

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