Finance Minister Nirmala Sitharaman, in her announcement on Saturday, revealed that the government plans to simplify the Tax Deduction at Source (TDS) regime, aiming to alleviate the compliance burden for taxpayers.

Presenting the Budget for 2025-26, Sitharaman stated that the new tax proposals reflect a comprehensive effort to provide income tax reforms for the middle class, rationalise TDS procedures, and enhance the ease of compliance for the public. The move comes in the wake of growing efforts to make taxation more taxpayer-friendly, facilitating greater ease of doing business and managing finances.