Chartered Man
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.

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