🚨 *Major TDS Changes for Salaried Individuals in Budget 2025! 💼💰* The Finance Bill 2025 has introduced key changes in Tax Deducted at Source (TDS) that will directly impact your salary, interest income, and perquisites. Here’s a quick breakdown of what’s new and how it benefits you! 🚀 ✅ *1. No More Higher TDS for Non-Filers 🚫📄* Earlier, under Section 206AB, if you didn’t file your ITR for two consecutive years, higher TDS rates were deducted. This caused a cash flow crunch for many individuals. *🔹 What’s Changed?* 🚀 Section 206AB has been removed! Now, even if you miss filing ITR in the past years, TDS will not be deducted at higher rates. *💡 Impact:* ✔ No extra TDS burden if you forgot to file ITR. ✔ Employers don’t need to check tax filing history for TDS deductions anymore! *✅ 2. Higher TDS Exemption Limits for Interest & Dividend Income 📈💵* If you earn interest from fixed deposits or dividends from stocks, earlier TDS was deducted above certain limits. The Finance Bill raises these thresholds to give you relief! *🔹 What’s Changed?* 📌 TDS exemption on dividend income (Section 194) increased from ₹5,000 to ₹10,000. 📌 Higher exemption for TDS on interest income (Section 194A) from banks & FDs. *💡 Impact:* ✔ Less TDS deduction on your earnings from savings & investments! ✔ More tax-free money in your pocket! ✅ *3. More Tax-Free Perks & Benefits 🎁🏡* Many salaried employees receive perquisites (like rent-free accommodation, food coupons, travel benefits). The Finance Bill revised perquisite taxation, making it more beneficial! *🔹 What’s Changed?* 📌 Increased exemption limits on perquisites & allowances. 📌 More clarity on how perks are valued for tax purposes. *💡 Impact:* ✔ More tax-free benefits from your employer. ✔ Plan your salary structure smartly to take maximum advantage! *✅ 4. Simpler Payroll & Less Compliance 📑🔽* The TDS process for salary deductions (Section 192) has been streamlined. Employers will find it easier to calculate correct TDS deductions, reducing errors & excess deductions. *💡 Impact:* ✔ Your salary TDS deduction will be more accurate – No over-deductions! ✔ Less paperwork & hassle in claiming refunds due to incorrect deductions! *🔹 What Should You Do Now?* 💡 Smart Tax Planning Tips: ✔ Check your salary slip to ensure TDS is being deducted correctly. ✔ Review your interest & dividend income – With higher exemption limits, you may not need to pay TDS! ✔ Discuss with HR about optimizing your salary with more tax-free perks. ✔ File your ITR on time to avoid any unnecessary deductions & claim refunds faster! *📢 Great news for all salaried employees! These changes will help you save more & simplify tax compliance! 🎉* 💼 🔄 Share this with your colleagues & friends so they can benefit too! 🚀🔥