• is further proposed to increase certain thresholds for requirement • is further proposed to increase certain thresholds for requirement to deduct tax at source or collect tax at source under certain sections, as below: S.No Section of the Act 193 - Interest on securities of the Act Present TDS /TCS Threshold (Rs) Nil TDS /TCS Proposed TDS Threshold (Rs) 10,000/- TDS /TCS Threshold (Rs) Threshold (Rs) 1. 193 - Interest on Nil 10,000/- securities 2. 3. (i) 50,000/- for senior citizen; (ii) 40,000/- in case of others when payer is bank, cooperative society and post office (iii) 5,000/- in other cases 5,000/- 5,000/- 50,000/- for senior (i) 1,00,000/- for senior citizen (ii) 50,000/- in case of others when payer is bank, co- operative society and post office (iii) 10,000/- in other cases 10,000/- 10,000/- 1,00,000/- for senior citizen; citizen (ii) 40,000/- in case of (ii) 50,000/- in case of 194A - Interest other than Interest on securities 194 - Dividend, for an individual shareholder - Interest others others other than when payer is bank, Interest on when payer is bank, co- cooperative society and securities operative society and post post office office (iii) 5,000/- in other cases (iii) 10,000/- in other cases 3. 194 - Dividend, 5,000/- 10,000/- for an individual shareholder 4. 5. 194K - Income in respect of units of a mutual fund or specified company or undertaking 194B - Winnings from lottery, crossword puzzle etc. 194BB - Winnings from horse race - Income in respect of units of 5,000/- 10,000/- a mutual fund or specified company or undertaking 5. 194B - Winnings from lottery, Aggregate of amounts exceeding 10,000/- during the financial year of amounts 10,000/- in respect of a single transaction in respect of a crossword puzzle exceeding 10,000/- etc. single transaction during the financial year 6. 7. 8. 194BB - Winnings from horse race 7. 194D - Insurance commission 194G - Income by way of commission, prize etc. on lottery tickets - Insurance 15,000/- 15,000/- 20,000/- 20,000/- 20,000/- commission 8. 194G - Income by way of 15,000/- 20,000/- commission, prize etc. on lottery tickets 9. 10. 194H - Commission or brokerage 194-I Rent - 15,000/- 2,40,000/- during the financial year 20,000/- Commission or brokerage 10. 2,40,000/- during the 50,000/- per month or part of a month per month or part 194-I Rent financial year of a month
1.	Section of the Act 193 - Interest on securities	Present TDS /TCS Threshold (Rs) Nil	Proposed TDS Threshold (Rs) 10,000/-
2. 3.	194A - Interest other than Interest on securities 194 - Dividend, for an individual shareholder	(i) 50,000/- for senior citizen; (ii) 40,000/- in case of others when payer is bank, cooperative society and post office (iii) 5,000/- in other cases 5,000/- 5,000/-	(i) 1,00,000/- for senior citizen (ii) 50,000/- in case of others when payer is bank, co- operative society and post office (iii) 10,000/- in other cases 10,000/- 10,000/-
4. 5.	194K - Income in respect of units of a mutual fund or specified company or undertaking 194B - Winnings from lottery, crossword puzzle etc. 194BB - Winnings from horse race
Aggregate of amounts exceeding 10,000/- during the financial year	10,000/- in respect of a single transaction
6. 7. 8.	194D - Insurance commission 194G - Income by way of commission, prize etc. on lottery tickets	15,000/- 15,000/-	20,000/- 20,000/- 20,000/-

9. 10.	194H - Commission or brokerage 194-I Rent	15,000/- 2,40,000/- during the financial year
50,000/- per month or part of a month