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of <h1>Union Budget 2025-26: TDS System Overhaul to Simplify Rates, Boost Thresholds, Enhance Business Compliance.</h1> The Union Budget 2025-26 proposes changes to the Tax Deduction at Source (TDS) system to streamline rates and increase threshold limits. These adjustments aim to simplify the process for businesses and enhance taxpayer compliance. By rationalizing TDS rates and thresholds, the government seeks to improve the ease of doing business, making tax procedures more straightforward and efficient for entities subject to TDS provisions.
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