Rates Of TDS


Section Nature of Payment Threshold Limit of Payment 01-04-2018 to 31-03-2019
192 Income from Salary Senior Citizen (60 Years) Rs. 3,00,000
Average rate of Tax +  Health & Education Cess (Surcharge if Salary > 50 Lacs)
Super Senior Citizen (80 Years) Rs. 5,00,000
Others Rs. 2,50,000
192A Premature Withdrawal from EPF (wef 01.06.2015) (*If PAN not furnished Rate of TDS at Maximum Mariginal Rate of 34.608%)
Rs. 50,000
193 * Interest on Securities Rs. 5,000 10%
194A Interest from a Banking Company Rs. 10,000 per annum /Rs. 50,000 per annum for Senior citizen 10%
194A Interest other than from a Banking Company Rs. 5,000 per annum 10%

Winning from Lotteries & Cross Word Puzzles

Rs. 10,000 per annum 30%
194BB Winnings from horse races Rs. 10,000 per annum 30%
194C Transporters with valid PAN & to whom 44AE applicable - 0%
194C Payment to Contractors; Sub-contractor; Advertising Contractors (including other transporters) Rs.30,000 per contract (or)
Rs. 1,00,000 per annum
Individual/HUF 1% Others 2%
194D Insurance Commision Rs. 15,000
Domestic Company:10%
194DA Payment under life insurance policy (including Bonus) Rs.99,999 per annum 1%
194E Non-resident Sportman or Sports Association


194EE Out of deposit under NSS Rs.2,499
Individual or HUF 10%
Other NA
194G Commission on Sale of Lottery Tickets Rs. 15,000
194H **Commission/Brokerage Rs. 15,000 per annum
194-I **Rent on Plant / Machinery Rs. 1,80,000 per annum 2%
194-I **Land or building or furniture or fitting Rs. 1,80,000 per annum 10%
194-IA Payment or transfer of Non -agricultural immovable property Rs. 50,00,000 & above 1%
Rent payable by an individual or HUF not covered u/s. 194I
Rs.50,000 per month


Payment of monetary consideration under Joint Development Agreements


194J Fees for Professional / Technical Services Rs. 30,000 per annum 2% (For Call Centre)
10% (For Others)
Compulsory Acquisition of immovable Property Rs. 2,50,000
194LBB Investment fund paying an income to a unit holder


Non-Resident 30%
Foreign Company 40%
194LBC Income in respect of investment made in a securitisation trust 


Individual or HUF 25%
Other 30%
Foreign Company 40%

* Only for Debenture in which the public are substantially interested
** Other than Individual or HUF except those covered u/s 44AB

TCS Rates

206C Scrap - 1.00%
206C Tendu Leaves - 5.00%
206C Timber obtained under a forest lease or other mode - 2.50%
206C Any other forest produce not being a Timber or tendu leave - 2.50%
206C Alcoholic Liquor for Human Consumption - 1.00%
206C Packing lot, toll plaza, mining & quarrying


206C Purchase of coal lignite, Iron ore by a trader - 1.00%
206C Sale Value of Motor vehicle whether in cheque or in any other mode of receipt Exceeding Rs. 10 Lakhs per transaction 1.00%


1. Surcharges & Education Cess

Type of Payment Surcharge
Rate Health and Education Cess (4.00%)
Salary (Resident & Non- resident) Upto 50 Lacs
Nil Yes
50 Lacs to  1 Crore 10%
Salary (Resident & Non- resident)
> 1 Crore
Other Payments to Residents No Nil No
Other Payments to Non-Residents

Payment to Non-Residents (other than Cos) Upto 1cr Nil Yes
> 1 Crore 15%
Payments to Foreign Co. Upto 1cr Nil Yes
> 1 Crore 2%
> 10 Crores 5%

Interest on delay in deposit of tax after deduction

Stage of deduction

Rate per month or part of the month

From date when deductible till actual deduction 1.00%
From date of deduction till payment 1.50%