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of <h1>Union Budget 2025-26 proposes raising Section 194J tax deduction threshold from Rs. 30,000 to Rs. 50,000 for services.</h1> Section 194J of the Act mandates tax deduction at source on payments for professional or technical services, excluding those covered under section 192. The Union Budget 2025-26 proposes to increase the threshold for tax deduction from Rs. 30,000 to Rs. 50,000 for fees related to professional and technical services, royalties, and certain sums under clause (va) of section 28. This amendment is set to take effect on April 1, 2025, as outlined in Clause 60 of the Finance Bill, 2025.
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