{"id":8995,"date":"2025-04-25T20:11:18","date_gmt":"2025-04-25T20:11:18","guid":{"rendered":"https:\/\/www.caindelhiindia.com\/blog\/?p=8995"},"modified":"2025-12-26T11:55:25","modified_gmt":"2025-12-26T11:55:25","slug":"income-tax-tds-tcs-changes-effective-from-april-1-2025","status":"publish","type":"post","link":"https:\/\/www.caindelhiindia.com\/blog\/income-tax-tds-tcs-changes-effective-from-april-1-2025\/","title":{"rendered":"Income Tax, TDS &#038; TCS changes effective from April 1, 2025"},"content":{"rendered":"<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-8996\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/04\/New-Income-Tax-TDS-and-TCS-changes-effective-from-April-1-2025-scaled.jpg\" alt=\"New Income Tax, TDS, and TCS changes effective from April 1, 2025.\" width=\"2560\" height=\"1331\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/04\/New-Income-Tax-TDS-and-TCS-changes-effective-from-April-1-2025-scaled.jpg 2560w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/04\/New-Income-Tax-TDS-and-TCS-changes-effective-from-April-1-2025-300x156.jpg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/04\/New-Income-Tax-TDS-and-TCS-changes-effective-from-April-1-2025-1024x532.jpg 1024w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/04\/New-Income-Tax-TDS-and-TCS-changes-effective-from-April-1-2025-768x399.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/04\/New-Income-Tax-TDS-and-TCS-changes-effective-from-April-1-2025-1536x798.jpg 1536w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/04\/New-Income-Tax-TDS-and-TCS-changes-effective-from-April-1-2025-2048x1065.jpg 2048w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/04\/New-Income-Tax-TDS-and-TCS-changes-effective-from-April-1-2025-800x416.jpg 800w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/h2>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69e71b7e03bbd\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69e71b7e03bbd\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.caindelhiindia.com\/blog\/income-tax-tds-tcs-changes-effective-from-april-1-2025\/#New_Income_Tax_TDS_and_TCS_changes_effective_from_April_1_2025\" title=\"New Income Tax, TDS, and TCS changes effective from April 1, 2025\">New Income Tax, TDS, and TCS changes effective from April 1, 2025<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.caindelhiindia.com\/blog\/income-tax-tds-tcs-changes-effective-from-april-1-2025\/#Major_Income_Tax_Changes_From_April_1_2025\" title=\"Major Income Tax Changes (From April 1, 2025)\">Major Income Tax Changes (From April 1, 2025)<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.caindelhiindia.com\/blog\/income-tax-tds-tcs-changes-effective-from-april-1-2025\/#Revised_New_Tax_Regime_Slabs\" title=\"Revised New Tax Regime Slabs\">Revised New Tax Regime Slabs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.caindelhiindia.com\/blog\/income-tax-tds-tcs-changes-effective-from-april-1-2025\/#Increased_87A_rebate\" title=\"Increased 87A rebate:\">Increased 87A rebate:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.caindelhiindia.com\/blog\/income-tax-tds-tcs-changes-effective-from-april-1-2025\/#Enhanced_TDS_Thresholds_%E2%80%93_TDS_Amendments_Effective_FY_2025-26\" title=\"Enhanced TDS Thresholds &#8211; TDS Amendments (Effective FY 2025-26)\">Enhanced TDS Thresholds &#8211; TDS Amendments (Effective FY 2025-26)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.caindelhiindia.com\/blog\/income-tax-tds-tcs-changes-effective-from-april-1-2025\/#TCS_Amendments_Effective_FY_2025-26\" title=\"TCS Amendments (Effective FY 2025-26)\">TCS Amendments (Effective FY 2025-26)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.caindelhiindia.com\/blog\/income-tax-tds-tcs-changes-effective-from-april-1-2025\/#Return_Filing_Updates\" title=\"Return Filing Updates : \">Return Filing Updates : <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.caindelhiindia.com\/blog\/income-tax-tds-tcs-changes-effective-from-april-1-2025\/#Startup_IFSC_Incentives\" title=\"Startup &amp; IFSC Incentives \">Startup &amp; IFSC Incentives <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.caindelhiindia.com\/blog\/income-tax-tds-tcs-changes-effective-from-april-1-2025\/#Relaxation_for_Deemed_Let-Out_Properties\" title=\"Relaxation for Deemed Let-Out Properties: \">Relaxation for Deemed Let-Out Properties: <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.caindelhiindia.com\/blog\/income-tax-tds-tcs-changes-effective-from-april-1-2025\/#Crypto_VDA_Regulations\" title=\"Crypto &amp; VDA Regulations : \">Crypto &amp; VDA Regulations : <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.caindelhiindia.com\/blog\/income-tax-tds-tcs-changes-effective-from-april-1-2025\/#Equalisation_Levy_Removed\" title=\"Equalisation Levy Removed: \">Equalisation Levy Removed: <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.caindelhiindia.com\/blog\/income-tax-tds-tcs-changes-effective-from-april-1-2025\/#Amalgamated_entities\" title=\"Amalgamated entities: \">Amalgamated entities: <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.caindelhiindia.com\/blog\/income-tax-tds-tcs-changes-effective-from-april-1-2025\/#Deduction_on_Partners_Remuneration_Revised\" title=\"Deduction on Partners\u2019 Remuneration Revised:\">Deduction on Partners\u2019 Remuneration Revised:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.caindelhiindia.com\/blog\/income-tax-tds-tcs-changes-effective-from-april-1-2025\/#Sections_206AB_206CCA_Removed\" title=\"Sections 206AB &amp; 206CCA Removed: \">Sections 206AB &amp; 206CCA Removed: <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.caindelhiindia.com\/blog\/income-tax-tds-tcs-changes-effective-from-april-1-2025\/#ULIPs_Taxed_as_Capital_Gains\" title=\"ULIPs Taxed as Capital Gains: \">ULIPs Taxed as Capital Gains: <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.caindelhiindia.com\/blog\/income-tax-tds-tcs-changes-effective-from-april-1-2025\/#Section_194T%E2%80%94TDS_on_Partners_Remuneration_Payments\" title=\"Section 194T\u2014TDS on Partner\u2019s Remuneration &amp; Payments\">Section 194T\u2014TDS on Partner\u2019s Remuneration &amp; Payments<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"New_Income_Tax_TDS_and_TCS_changes_effective_from_April_1_2025\"><\/span><span style=\"color: #000080;\"><strong>New Income Tax, TDS, and TCS changes effective from April 1, 2025<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Key Income Tax, TDS, and TCS changes effective from April 1, 2025, which affect salaried individuals, startups, crypto investors, business entities, and more:<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Major_Income_Tax_Changes_From_April_1_2025\"><\/span><span style=\"color: #000080;\"><strong>Major Income Tax Changes (From April 1, 2025)<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Revised_New_Tax_Regime_Slabs\"><\/span><span style=\"color: #000080;\"><strong>Revised New Tax Regime Slabs<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table style=\"height: 601px;\" width=\"1092\">\n<thead>\n<tr>\n<td><strong>Income Slab (\u20b9)<\/strong><\/td>\n<td><strong>Tax Rate<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Up to 4,00,000<\/td>\n<td>Nil<\/td>\n<\/tr>\n<tr>\n<td>4,00,001 \u2013 8,00,000<\/td>\n<td>5%<\/td>\n<\/tr>\n<tr>\n<td>8,00,001 \u2013 12,00,000<\/td>\n<td>10%<\/td>\n<\/tr>\n<tr>\n<td>12,00,001 \u2013 16,00,000<\/td>\n<td>15%<\/td>\n<\/tr>\n<tr>\n<td>16,00,001 \u2013 20,00,000<\/td>\n<td>20%<\/td>\n<\/tr>\n<tr>\n<td>20,00,001 \u2013 24,00,000<\/td>\n<td>25%<\/td>\n<\/tr>\n<tr>\n<td>Above 24,00,000<\/td>\n<td>30%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Basic exemption limit increased to \u20b94 lakh.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Increased_87A_rebate\"><\/span><span style=\"color: #000080;\"><strong>Increased 87A rebate:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-8562\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/02\/Budget-2025New-.jpg\" alt=\"Key Announcements Union Budget 2025\" width=\"1085\" height=\"1389\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/02\/Budget-2025New-.jpg 872w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/02\/Budget-2025New--234x300.jpg 234w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/02\/Budget-2025New--800x1024.jpg 800w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2025\/02\/Budget-2025New--768x983.jpg 768w\" sizes=\"(max-width: 1085px) 100vw, 1085px\" \/><\/p>\n<p><em>Old Regime slabs remain unchanged : <\/em>Up to INR 60,000 rebate (vs INR 25,000 earlier) \u2192 <em>Tax-free income up to INR 12 lakhs<\/em> under new regime. \u00a0Section 87A rebate extended to income up to INR 12 lakh (fully tax-free under the new regime).<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Enhanced_TDS_Thresholds_%E2%80%93_TDS_Amendments_Effective_FY_2025-26\"><\/span><span style=\"color: #000080;\"><strong>Enhanced TDS Thresholds &#8211; <\/strong><strong>TDS Amendments (Effective FY 2025-26)<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-8983\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/05\/TDS-TCS-RATE-CHART.jpg\" alt=\"TDS TCS Rate Chart for FY 2024\u201325 and FY 2025\u201326\" width=\"1132\" height=\"1868\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/05\/TDS-TCS-RATE-CHART.jpg 534w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/05\/TDS-TCS-RATE-CHART-182x300.jpg 182w\" sizes=\"(max-width: 1132px) 100vw, 1132px\" \/><\/p>\n<table style=\"height: 687px;\" width=\"1122\">\n<thead>\n<tr>\n<td>Section<\/td>\n<td>Nature of Payment<\/td>\n<td>New Threshold<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>194J<\/td>\n<td>Professional Fees<\/td>\n<td>\u20b950,000 (up from \u20b930,000)<\/td>\n<\/tr>\n<tr>\n<td>194H<\/td>\n<td>Commission\/Brokerage<\/td>\n<td>\u20b920,000 (up from \u20b915,000)<\/td>\n<\/tr>\n<tr>\n<td>194D<\/td>\n<td>Insurance Commission<\/td>\n<td>\u20b920,000 (up from \u20b915,000)<\/td>\n<\/tr>\n<tr>\n<td>194<\/td>\n<td>Dividends<\/td>\n<td>\u20b910,000 (up from \u20b95,000)<\/td>\n<\/tr>\n<tr>\n<td>193, 194A<\/td>\n<td>Interest on Securities\/Others<\/td>\n<td>\u20b910,000<\/td>\n<\/tr>\n<tr>\n<td>194A<\/td>\n<td>Interest (Banks\/Post Office)<\/td>\n<td>\u20b950,000 (Non-Sr. citizens); \u20b91,00,000 (Sr. citizens)<\/td>\n<\/tr>\n<tr>\n<td>194I<\/td>\n<td>Rent<\/td>\n<td>Monthly rent &gt; \u20b950,000<\/td>\n<\/tr>\n<tr>\n<td>194R<\/td>\n<td>Business perks\/benefits<\/td>\n<td>10% if &gt; \u20b920,000\/year<\/td>\n<\/tr>\n<tr>\n<td>194<\/td>\n<td>Partners&#8217; Interest\/Commission\/Remuneration<\/td>\n<td>TDS @10% above \u20b920,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ul>\n<li>Sections 206AB &amp; 206CCA (higher TDS\/TCS for non-filers) now omitted.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"TCS_Amendments_Effective_FY_2025-26\"><\/span><span style=\"color: #000080;\"><strong>TCS Amendments (Effective FY 2025-26)<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table style=\"height: 324px;\" width=\"1072\">\n<thead>\n<tr>\n<td>Nature<\/td>\n<td>Threshold \/ Rate<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Foreign Remittance under LRS<\/td>\n<td>No TCS up to \u20b910 lakh (earlier \u20b97 lakh)<\/td>\n<\/tr>\n<tr>\n<td>Foreign Education Loans (Sec 80E)<\/td>\n<td>TCS exempted (was 0.5%)<\/td>\n<\/tr>\n<tr>\n<td>Overseas Tour Packages<\/td>\n<td>5% up to \u20b910 lakh; 20% beyond \u20b910 lakh<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"Return_Filing_Updates\"><\/span><span style=\"color: #000080;\"><strong>Return Filing Updates : <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>\u00a0<\/strong>Updated Return (ITR-U) Filing Window Extended- Updated return window extended from 24 to 48 months.<\/p>\n<table style=\"height: 371px;\" width=\"1090\">\n<thead>\n<tr>\n<td><strong>Filing Time<\/strong><\/td>\n<td><strong>Additional Tax<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Within 12 months<\/td>\n<td>25% of tax + interest<\/td>\n<\/tr>\n<tr>\n<td>12\u201324 months<\/td>\n<td>50%<\/td>\n<\/tr>\n<tr>\n<td>24\u201336 months<\/td>\n<td>60%<\/td>\n<\/tr>\n<tr>\n<td>36\u201348 months<\/td>\n<td>70%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"Startup_IFSC_Incentives\"><\/span><span style=\"color: #000080;\"><strong>Startup &amp; IFSC Incentives <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Startups (Sec 80-IAC): Tax exemption extended for startups incorporated till 1 April 2030. And 100% deduction for 3 out of 10 years. Section 80-IAC tax holiday for eligible startups extended till March 31, 2030.<\/li>\n<li>IFSC Units: Tax benefits extended till 31 March 2030. And Full exemption on life insurance premium paid by non-residents for IFSC-issued policies. Section 80LA benefits for IFSC units extended till March 31, 2030.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Relaxation_for_Deemed_Let-Out_Properties\"><\/span><span style=\"color: #000080;\">Relaxation for Deemed Let-Out Properties: <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Up to 2 properties can be treated as self-occupied with NIL annual value unconditionally (no employment condition now).<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Crypto_VDA_Regulations\"><\/span><span style=\"color: #000080;\">Crypto &amp; VDA Regulations : <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Section 285BAA: Exchanges\/intermediaries must report crypto transactions. And VDAs can now be treated as \u201cundisclosed income\u201d under Section 158B.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Equalisation_Levy_Removed\"><\/span><span style=\"color: #000080;\">Equalisation Levy Removed: <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 6% levy on digital ad services to non-residents is removed w.e.f. April 1, 2025. Business Trusts (Section 115UA): Capital gains taxed at preferential rates instead of MMR.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Amalgamated_entities\"><\/span><span style=\"color: #000080;\">Amalgamated entities: <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Loss carry-forward period starts from year of loss, not amalgamation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Deduction_on_Partners_Remuneration_Revised\"><\/span><span style=\"color: #000080;\">Deduction on Partners\u2019 Remuneration Revised:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table style=\"height: 277px;\" width=\"1105\">\n<thead>\n<tr>\n<td>Book Profit<\/td>\n<td>Deduction<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>First INR 600,000<\/td>\n<td>INR 3,00,000 or 90%, whichever higher<\/td>\n<\/tr>\n<tr>\n<td>Remaining Book Profit<\/td>\n<td>60%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"Sections_206AB_206CCA_Removed\"><\/span><span style=\"color: #000080;\">Sections 206AB &amp; 206CCA Removed: <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>No higher TDS\/TCS rates for non-filers from April 2025.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"ULIPs_Taxed_as_Capital_Gains\"><\/span><span style=\"color: #000080;\">ULIPs Taxed as Capital Gains: <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>If premium &gt; INR 2.5 lakhs or &gt;10% of sum assured \u2192 taxable as CG. And LTCG @12.5%, STCG @20%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Section_194T%E2%80%94TDS_on_Partners_Remuneration_Payments\"><\/span><span style=\"color: #000080;\"><strong>Section 194T\u2014TDS on Partner\u2019s Remuneration &amp; Payments<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>TDS to be deducted before payment is made to the partner. If aggregate payments exceed INR 20,000 to a partner during the financial year, TDS @10% becomes mandatory. it required to be noted that Firms\/LLPs must deposit TDS with the Income Tax Department and file the TDS return under the relevant section. Form 16A should be issued to partners for the TDS deducted. This rules will be Effective From: 1st April 2025 and same is Applicable To: Partnership Firms and LLPs, Section 194T will be applicable on all payments made to partners, including<\/p>\n<ul>\n<li>Remuneration<\/li>\n<li>Interest on Capital<\/li>\n<li>Commission<\/li>\n<li>Bonuses<\/li>\n<li>Salary<\/li>\n<\/ul>\n<table style=\"height: 236px;\" width=\"1106\">\n<thead>\n<tr>\n<td>Payment Type<\/td>\n<td>TDS Rate<\/td>\n<td>Threshold Limit (FY)<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Remuneration, Interest, Commission, Bonus, Salary<\/td>\n<td>10%<\/td>\n<td>INR 20,000 (aggregate\/year)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>New Income Tax, TDS, and TCS changes effective from April 1, 2025 Key Income Tax, TDS, and TCS changes effective from April 1, 2025, which affect salaried individuals, startups, crypto investors, business entities, and more: Major Income Tax Changes (From April 1, 2025) Revised New Tax Regime Slabs Income Slab (\u20b9) Tax Rate Up to &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[173],"tags":[1172],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/8995"}],"collection":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/comments?post=8995"}],"version-history":[{"count":5,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/8995\/revisions"}],"predecessor-version":[{"id":8999,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/8995\/revisions\/8999"}],"wp:attachment":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/media?parent=8995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/categories?post=8995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/tags?post=8995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}