New Rules for Tax Deduction on Pension (TDS) for 2024-25
The rules for Tax Deduction at Source (TDS) on pension for the financial year 2024-25 and assessment year 2025-26 came into effect on April 1, 2024. These changes aim to simplify the tax system and provide more benefits to pensioners. The updates include a higher standard deduction limit and increased exemptions on family pension. What … Read more