Updated TDS Rate Chart For AY 2025-26 (FY 2024-25) issued by CBDT
The Central Board of Direct Taxes (CBDT) has issued an updated TDS rate chart for the Assessment Year 2025-26, bringing significant changes to the taxation landscape. These revisions aim to streamline tax compliance and enhance transparency in the collection process. The updated chart covers a wide range of payments, including salaries, interest, rent, and commissions, ensuring that both deductors and deductees stay informed about the applicable rates and thresholds. This guide provides a detailed overview of the revised TDS rates to help taxpayers navigate the new rules effectively.
The Central Board of Direct Taxes (CBDT) has released the updated TDS Rate Chart for AY 2025-26 (FY 2024-25). These changes are crucial for taxpayers, businesses, and financial professionals to ensure proper tax deduction at source and compliance with government regulations.
Key Highlights of the Updated TDS Rate Chart
- Salary Income – Applicable rates remain as per the latest income tax slab.
- Interest on Securities – TDS applicable at 10%.
- Dividends – 10% TDS deduction for resident individuals.
- Contract Payments – 1% for individuals/HUFs and 2% for others.
- Rent Payments – 10% for property rent exceeding Rs. 50,000 per month.
For a detailed breakdown of TDS rates, consulting a Tax Consultant Company in Delhi can help businesses and individuals navigate these updates effectively.
“ Stay compliant and updated with the latest TDS rates. Seeking expert advice from the Best Tax Consultation Company in Delhi can ensure accurate TDS deductions and hassle-free return filing. ”
Importance of TDS Compliance
Failing to deduct or deposit TDS on time can lead to penalties and legal consequences. Tax Consultant Services in Delhi can assist with:
- Understanding the latest TDS rules.
- Filing TDS Return Services in Delhi accurately.
- Avoiding penalties and ensuring compliance with CBDT guidelines
Conclusion
The updated TDS Rate Chart for AY 2025-26 (FY 2024-25) issued by CBDT highlights key taxation policies that individuals and businesses must adhere to. Staying informed and consulting professionals from the Best Tax Consultation Company in Delhi ensures seamless tax management and compliance. For expert assistance in TDS Return Services in Delhi, reach out to trusted tax consultants today!
