Also the threshold limit of TDS on payment of interest other than interest on securities to senior citizens is doubled from ₹50,000 to ₹1 lakh.

Tax deduction limit on interest other than interest on securities is increased from ₹40,000 to ₹ 50,000.

The threshold limit of TDS on payment of rent u/s 194I is increased from ₹2,40,000 p.a to ₹6,00,000 p.a.

The threshold limit of TDS on payment of insurance commission, commission u/s 194D, remuneration, or prize on a lottery ticket to a person who has been selling lottery tickets u/s 194G and also commission or brokerage u/s 194H is increased from ₹15,000 to ₹20,000.

The threshold limit of TDS on payment u/s 194J is increased from ₹30,000 to ₹50,000.

The threshold limit of TDS on payment of any amount to resident indian for compensation on acquisition of certain immovable property is increased from ₹2,50,000 to ₹5,00,000.

Similarly, there are some amendments in the sections 194K, 194LBC, 194Q and 194S.