TDS limit on rent increased from ₹2.4 lakh to ₹6 lakh. How it helps small landlords3Photo© hindustantimes.com

TDS limit on rent increased from ₹2.4 lakh to ₹6 lakh. How it helps small landlords

, 4 news, a view

In her Budget 2025 speech, she said the government has proposed increasing the annual threshold for Tax Deduction at Source (TDS) on rent from the current ₹2.4 lakh to ₹6 lakh.

"I propose to rationalise Tax Deduction at Source (TDS) by reducing the rates and thresholds above which TDS is deducted.

Further, threshold amounts for tax deduction will be increased for better clarity and uniformity," Sitharaman said.