Scribd
Upload
4 views2 pages

TDS Rates Summary

The document outlines the TDS rates and threshold limits for various types of payments, including salaries, interest, dividends, and winnings. It specifies different rates for each section along with applicable threshold limits, as well as special provisions for non-furnishing of PAN and payments to non-residents. Additionally, it notes that no TDS is applicable on payments to the Government, RBI, and certain notified entities.

Uploaded by

vajrav47
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
4 views2 pages

TDS Rates Summary

The document outlines the TDS rates and threshold limits for various types of payments, including salaries, interest, dividends, and winnings. It specifies different rates for each section along with applicable threshold limits, as well as special provisions for non-furnishing of PAN and payments to non-residents. Additionally, it notes that no TDS is applicable on payments to the Government, RBI, and certain notified entities.

Uploaded by

vajrav47
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Summary of TDS Rates and Threshold Limits

Section Nature of Payment TDS Rate Threshold Limit


192 Salaries Average rate of income-tax
Basic exemption limit
192A Premature taxable withdrawal from EPF
10% ■50,000
193 Interest on securities 10% ■10,000
194 Dividend 10% ■10,000
194A Interest other than securities 10% ■40,000 / ■50,000 (SC)
194B Lottery, puzzles, games winnings 30% ■10,000
194BA Online game winnings 30% No specific threshold
194BB Horse race winnings 30% ■10,000
194C Contractors/Sub-contractors 1% / 2% ■30,000 single / ■1,00,000 aggregate
194D Insurance commission 2% / 10% ■20,000
194DA Life insurance policy payout 2% on income part ■1,00,000
194EE NSS payments 10% ■2,500
194G Lottery ticket commission 2% ■20,000
194H Commission or brokerage 2% ■20,000
194-I Rent 2% / 10% As applicable
194-IA Immovable property transfer 1% ■50 lakh
194-IB Rent by specified Ind/HUF 2% ■50,000 per month
194-IC Specified agreement (JDA) 10% No threshold
194J Professional/Technical services 2% / 10% ■50,000
194K Income from units 10% ■10,000
194LA Compulsory acquisition compensation 10% ■5,00,000
194M Certain payments by Ind/HUF 2% ■50,00,000
194N Cash withdrawal 2% / 5% ■20 lakh to ■3 crore
194-O E-commerce operator payments 0.1% ■5 lakh
194P Specified senior citizen Rates in force Based on total income
194Q Purchase of goods 0.1% ■50,00,000
194R Benefit/perquisite 10% ■20,00,000
194S Virtual digital asset 1% As applicable
194T Partner remuneration/interest 10% ■20,000
Special Provisions and Higher Rates
• Non-furnishing of PAN: TDS at higher of applicable rate or 20%. For Sections 194-O and 194Q,
higher rate is 5%.
• Payments to Non-residents: TDS under Section 195 at rates in force or beneficial DTAA rates, if
applicable.
• No TDS on payments to Government, RBI, and certain notified entities/mutual funds.

You might also like