Union Budget 2025: TDS less tedious; TCS boost for trip abroad – The Times of India
Budget 2025 has sought to bring down the number of transactions liable for tax deducted at source (TDS) by setting higher threshold limits across a spectrum of income streams, thus benefitting small taxpayers receiving small payments.Similarly, the finance minister also proposed to raise the threshold to collect tax at source (TCS) on remittances under RBI’s…