Budget 2025 introduces TDS measures to boost rental housing growth. The TDS threshold on rental income has increased from ₹2.4 lakh to ₹6 lakh per annum. This aims to unlock more rental homes and reduce compliance burdens. The changes benefit landlords, tenants, and investors, especially in metro areas.
The higher threshold encourages more landlords to list properties for rent, increasing housing supply. Seniors and retirees who rely on rental income benefit as well. The budget also allows taxpayers to declare two houses as ‘self-occupied,’ providing additional tax relief and promoting home-ownership with rental intent.
These measures stimulate the rental market, enhance investment in rental properties, and contribute to affordable housing growth. The focus on boosting rental housing reflects the government’s commitment to addressing housing needs and supporting economic growth.