Part IV - VALIDATION OF THE CENTRAL CIVIL SERVICES (PENSION) RULES AND PRINCIPLES FOR EXPENDITURE ON PENSION LIABILITES FROM THE CONSOLIDATED FUND OF INDIA (From Section 147 to Section 150)
Withholding tax threshold increased, raising the reporting trigger for specified payments under income tax law. The Finance Act, 2025 amends section 194D by substituting the prior sum specified in the second proviso with a higher sum, thereby raising the minimum payment amount that triggers the withholding and reporting obligation under that proviso; no other elements of the provision are altered.
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Withholding tax threshold increased, raising the reporting trigger for specified payments under income tax law.
The Finance Act, 2025 amends section 194D by substituting the prior sum specified in the second proviso with a higher sum, thereby raising the minimum payment amount that triggers the withholding and reporting obligation under that proviso; no other elements of the provision are altered.
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