Major Changes in TDS and TCS Rules from April 1, 2025 – Key Updates
The Union Budget 2025 has made substantial amendments to TDS and TCS regulations in India. These changes will come into effect on April 1, 2025. According to the announcement, the amendments aim to improve tax management for both individuals and firms. Seventeen new rules have been introduced. They are expected to reduce unnecessary taxes, improve cash flow efficiency, and make it easier for taxpayers to manage their affairs. Business owners and salaried people can both benefit from such lighter compliance regulations.