Dividend tax deduction threshold increased, exempting small non cash dividends from TDS and altering withholding obligations. The first proviso to section 194 is amended so that no tax is required to be deducted at source where the amount or aggregate amount of dividends paid by a company to an individual shareholder by any mode other than cash during the financial year does not exceed ten thousand rupees. The amendment replaces the earlier lower threshold and takes effect from 1st April, 2025.