<h1>TDS threshold increase reduces compliance burdens and raises coverage limits, easing tax collection for small recipients.</h1> The Budget proposes raising thresholds and simplifying withholding and collection: it increases TDS thresholds for interest (with a higher senior citizen limit), raises the annual TDS limit for rent, and increases the TCS threshold for remittances under the Liberalised Remittance Scheme. It removes TCS on education remittances financed by specified financial institution loans and omits TCS where both TDS and TCS presently apply to sales of goods, to reduce overlapping compliance burdens.