Rationalising TDS / TCS
👉 Limit for tax deduction on interest for senior citizens to be doubled from ₹50,000 to ₹1 lakh
👉 Annual limit for TDS on rent to be increased from ���2.40 lakh to ₹6 lakh
👉Threshold to collect tax at source on remittances under RBI’s Liberalized Remittance Scheme to be raised from ₹7 lakh to ₹10 lakh
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