TDS Under Income Tax Act 2025#
New TDS Section Codes#
The Income Tax Act 2025 introduces new section numbers for TDS provisions. Here are the key TDS sections:
TDS on Salary#
| New Section | Description | Threshold |
|---|---|---|
| Section 15 | Salary TDS | As per tax calculation |
TDS on Interest#
| New Section | Description | Threshold |
|---|---|---|
| Section 17 | Interest on deposits | ₹40,000 |
TDS on Rent#
| New Section | Description | Threshold |
|---|---|---|
| Section 18 | Rent payment | ₹2,40,000 |
TDS on Professional/Technical Services#
| New Section | Description | Threshold |
|---|---|---|
| Section 19 | Professional fees | ₹30,000 |
TDS on Contractor#
| New Section | Description | Threshold |
|---|---|---|
| Section 16 | Payment to contractor | ₹30,000 |
TDS on Commission#
| New Section | Description | Threshold |
|---|---|---|
| Section 20 | Commission/Brokerage | ₹15,000 |
Key Changes in TDS#
- Simplified threshold limits
- New section numbering
- Enhanced digital reporting
- Real-time TDS tracking