S. No

Section

Current threshold

Proposed threshold

1.

193 - Interest on securities

Nil

Rs. 10,000/-

2.

194A - Interest other than Interest on securities

(i) Rs. 50,000/- for senior citizen;

(ii) Rs. 40,000/- in case of others when payer is bank, cooperative society and post office

(iii) Rs. 5,000/- in other cases

(i) Rs. 1,00,000/- for senior citizen

(ii) Rs. 50,000/- in case of others when payer is bank, cooperative society and post office

(iii) Rs. 10,000/- in other cases

3.

194 - Dividend for an individual shareholder

Rs. 5,000/-

Rs. 10,000/-

4.

194K - Income in respect of units of a mutual fund or specified company or undertaking

Rs. 5,000/-

Rs. 10,000/-

5.

194B - Winnings from lottery, crossword puzzle, etc.

Aggregate of amounts exceeding Rs. 10,000/- during the financial year

Rs. 10,000/- in respect of a single transaction

6.

194BB - Winnings from horse race

7.

194D - Insurance commission

Rs. 15,000/-

Rs. 20,000/-

8.

194G - Income by way of commission, prize etc. on lottery tickets

Rs.15,000/-

Rs. 20,000/-

9.

194H - Commission or brokerage

Rs. 15,000/-

Rs. 20,000/-

10.

194-I Rent

Rs. 2,40,000/- during the financial year

Rs. 50,000/- per month or part of a month

11.

194J - Fee for professional or technical services

Rs. 30,000/-

Rs. 50,000/-

12.

194LA - Income by way of enhanced compensation

Rs. 2,50,000/-

Rs. 5,00,000/-