
Chartered Man
February 2, 2025 at 01:57 PM
In the Union Budget 2025, Finance Minister Nirmala Sitharaman announced an increase in the Tax Deducted at Source (TDS) threshold for dividend income from mutual funds.
Key points include:
- TDS Threshold Raised: The TDS limit on dividend income from mutual funds has been increased to *₹10,000.*
- Objective: This move aims to provide relief to small investors by reducing the Tax burden on their Dividend Earnings.
- Implementation: The new threshold will be effective from the upcoming financial year.
This adjustment is part of broader efforts to encourage investment in mutual funds and support individual investors.