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TDS Threshold Changes for FY 2026-27: The Raised Limits You Need to Know

2026-06-30 · 6 min read · by a CA firm

A wave of TDS threshold increases came in from 1 April 2025 and now applies for the whole of FY 2026-27. They matter because deducting on an old, lower limit over-deducts and annoys vendors, while missing a new section like 194T under-deducts and invites a notice. Here is the current set, with the earlier figures for comparison.

One structural note
FY 2026-27 is the first full year under the Income-tax Act 2025. The old 194-series now sits within Section 392 (salary) and Section 393 (everything else), with payment codes 1001–1067. The thresholds below are unchanged by the renumbering — only the section labels moved. See new sections & codes.

The raised thresholds at a glance

Section & paymentThreshold FY 2026-27Earlier
193 — interest on securities₹10,000No threshold
194 — dividend₹10,000₹5,000
194A — interest, senior citizens₹1,00,000₹50,000
194A — interest, bank / co-op / post office₹50,000₹40,000
194A — interest, other cases₹10,000₹5,000
194K — mutual fund income₹10,000₹5,000
194D — insurance commission₹20,000₹15,000
194G — lottery commission₹20,000₹15,000
194H — commission / brokerage₹20,000₹15,000
194-IB — rent (individual/HUF, no audit)₹50,000/month (rate cut 5%→2%)₹50,000/month
194I — rent (business)₹50,000/month₹2,40,000/year
194J — professional / technical fees₹50,000₹30,000
194LA — compensation on acquisition₹5,00,000₹2,50,000
194B / 194BB — lottery / horse-race winnings₹10,000 per transaction₹10,000 aggregate/year
194T — partner remuneration / interest (new)₹20,000— (new from FY 2025-26)

The changes that catch people out

194A — interest. Banks and others should apply the right slab: ₹1,00,000 for senior citizens, ₹50,000 for ordinary bank/co-op/post-office interest, and ₹10,000 elsewhere. Many systems still run the old ₹40,000/₹5,000 limits.

194I rent — now a monthly test. The business-rent threshold is now ₹50,000 a month rather than ₹2,40,000 a year. Cross ₹50,000 in any month and TDS applies.

194-IB — rate, not threshold. The individual/HUF tenant’s rate fell from 5% to 2%; the ₹50,000-a-month trigger is unchanged. See 194I vs 194-IB.

194J — ₹50,000 now. Professional and technical fees only attract TDS past ₹50,000 for the year (was ₹30,000). The 10%-vs-2% split still applies — see 194J: 10% or 2%.

194T — the brand-new one. Every firm and LLP now deducts 10% on partner remuneration and interest over ₹20,000 a year. There is no turnover exemption — even tiny firms are caught. Full detail in the 194T guide.

And what was removed

Two things are gone, not raised: 206AB / 206CCA (higher TDS for ITR non-filers) and 206C(1H) (TCS on sale of goods), both removed from 1 April 2025. Stop collecting those old declarations — see declarations you no longer need.

Frequently asked questions

Senior-citizen interest threshold? ₹1,00,000 under 194A; ₹50,000 for ordinary bank interest; ₹10,000 otherwise.

Professional fees? ₹50,000 a year under 194J (was ₹30,000).

Rent? 194I ₹50,000/month; 194-IB ₹50,000/month at 2%.

Are these the FY 2025-26 changes? Yes — effective 1 April 2025 and continuing through FY 2026-27, now under the Income-tax Act 2025.

For every section’s exact rate, code and due date, use the FY 2026-27 rate chart and the TDS Wizard. Related: TDS glossary.

General information for FY 2026-27 under the Income-tax Act 2025, not advice on your specific case. Verify against the latest law or talk to a CA.