| In the case of a person other than a company | |
|---|---|
| Section 192 : Payment of salary | Normal Slab Rate |
| Section 192A : Payment of accumulated balance of provident fund which is taxable in the hands of an employee. No tax deduction is to be made if the amount of such payment is less than 50,000 | 10 |
| Section 193 : Interest on securities | |
| a) any debentures or securities for money issued by or on behalf of any local authority or a corporation established by a Central, State or Provincial Act; | 10 |
| c) any security of the Central or State Government; [i.e. 8% Savings (Taxable) Bonds, 2003 and 7.75% Saving (Taxable) Bonds, 2018only if such interest payable exceeds Rs10,000 during the financial year.] | 10 |
| d) interest on any other security (the payment is not exceed rd 5,000 than there is no TDS will be deduct) | 10 |
| Section 194 dividend distribute by a domestic company (but is payment is less than 2500 and payment is made to a resident share holder) | 10 |
| Section 194A : Income by way of interest other than "Interest on securities"( if the aggregate amount of interest paid or credit during the financial year does not exceed 5000 than there is no TDS will be deduct ) | 10 |
| Section 194B : Income by way of winnings from lotteries, crossword puzzles, card games and other games of any sort (if the amount is exceed 30,000) | 30 |
| Section 194BB : Income by way of winnings from horse races(if the amount is exceed 30,000) | 30 |
| a) HUF/Individuals | 1 |
| b) Others Note: no deduction is required if the consideration for contract is less than 30,000in a single payment. or 1,00,000 in aggregate during the financial year. |
2 |
| b) Others Note: no deduction is required if the consideration for contract is less than 30,000in a single payment. or 1,00,000 in aggregate during the financial year. |
2 |
| Section 194D : Insurance commission ( only if the amount of such income credit or paid during the financial year to the account of the payee exceeds 15,000) | 5 |
| Section 194DA : Payment in respect of life insurance policy (only required if payment in financial year to an assessee is rs1,00,000 or more) | 1 |
| Section 194EE : Payment in respect of deposit under National Savings scheme( No deduction shall be made where the amount is less than 2,500) | 10 |
| Section 194F : Payment on account of repurchase of unit by Mutual Fund or Unit Trust of India | 20 |
| Section 194G : Commission, etc., on sale of lottery tickets( income by way of commission or prize on lottery tickets in an amount exceeding Rs 15,000) | 5 |
| Section 194H : Commission or brokerage ( No deduction is required if the amount of such income or the aggregate of such amount does not exceed Rs 15,000 during the financial year) | 5 |
| Section 194-I : Rent a) Plant & Machinery |
2 |
| Land or building or furniture or fitting ( no deduction is required be made where the amount of such income or the aggregate of the amount of such income credited or paid during the financial year to the account of the payee does not exceed 1,80,000. |
10 |
| Section 194-IA : Payment on transfer of certain immovable property other than agricultural land ( no required to deduct TDS where the total amount of consideration for the transfer of immovable property is less than 50 lakh) | 1 |
| Section 194-IB : Payment of rent by individual or HUF not liable to tax audit Note: This provision is applicable from June 1, 2017 ( TDS is only deducted if rent paid exceed 50,000 for per month or part of month during the previous year) |
5 |
| Section 194-IC : Payment of monetary consideration under Joint Development Agreements | 10 |
| Section 194J : Any sum paid by way of
a) Fee for professional services, b) Fee for technical services c) Royalty, d) Remuneration/fee/commission to a director or e) For not carrying out any activity in relation to any business f) For not sharing any know-how, patent, copyright etc. Note: With effect from June 1, 2017 the rate of TDS would be 2% in case of payee engaged in business of operation of call center.(No deduction is required if the amount of fees or aggregate of the amounts of fees credited or paid during a financial year does not exceed Rs 30,000) |
10 |
| Section 194LA : Payment of compensation on acquisition of certain immovable property Note: With effect from April 1, 2017 ( No tax is required to be deducted where the amount the of such payment or as the case may be the aggregate amount of such payment to resident during the year does not exceed 2,50,000) |
10 |
| Section 194LBA(1) : Business trust shall deduct tax while distributing, any interest received or receivable by it from a SPV or any income received from renting or leasing or letting out any real estate asset owned directly by it, to its unit holders. | 10 |
| Section 194LBB : Investment fund paying an income to a unit holder [other than income which is exempt under Section 10(23FBB)] | 10 |
| Section 194LBC : Income in respect of investment made in a securitisation trust | 25% in case of Individual or HUF 30% in case of other person |
| Any Other Income | 10 |
| Section 192A : Payment of accumulated balance of provident fund which is taxable in the hands of an employee. | 10 |
| Section 194B : Income by way of winnings from lotteries, crossword puzzles, card games and other games of any sort | 30 |
| Section 194BB : Income by way of winnings from horse races | 30 |
| Section 194E : Payment to non-resident sportsmen/sports association | 20 |
| Section 194EE : Payment in respect of deposits under National Savings Scheme | 10 |
| Section 194F : Payment on account of repurchase of unit by Mutual Fund or Unit Trust of India | 20 |
| Section 194G: Commission, etc., on sale of lottery tickets | 5 |
| Section 194LB : Payment of interest on infrastructure debt fund | 5 |
| Section 194LBA(2) : Business trust shall deduct tax while distributing any interest income received or receivable by it from a SPV to its unit holders. | 5 |
| Section 194LBA(3) : Business trust shall deduct tax while distributing any income received from renting or leasing or letting out any real estate asset owned directly by it to its unit holders. | 30 |
| Section 194LBB : Investment fund paying an income to a unit holder [other than income which is exempt under Section 10(23FBB)]. | 30 |
| Section 194LBC : Income in respect of investment made in a securitisation trust (specified in Explanation of section115TCA) | 30 |
| Section 194LC: Payment of interest by an Indian Company or a business trust in respect of money borrowed in foreign currency under a loan agreement or by way of issue of long-term bonds (including long-term infrastructure bond) Note: With effect from April 1, 2018 benefit of such concessional TDS rate has been further extended by three years. Now TDS at concessional rate of 5% will be applicable for borrowings made before July 1, 2020. |
5 |
| Section 194LD : Payment of interest on rupee denominated bond of an Indian Company or Government securities to a Foreign Institutional Investor or a Qualified Foreign Investor Note: With effect from April 1, 2018 benefit of such concessional TDS rate has been further extended by three years. Now TDS at concessional rate of 5% will be applicable for borrowings made before July 1, 2020. |
5 |
| Section 195 : Payment of any other sum to a Non-resident
a) Income in respect of investment made by a Non-resident Indian Citizen b) Income by way of long-term capital gains |
10 |
| e) Income by way of short-term capital gains | 15 |
| f) Any other income by way of long-term capital gains [not being long-term capital gains referred to in clauses 10(33), 10(36) and 112A | 20 |
| g) Income by way of interest payable by Government or an Indian concern on moneys borrowed or debt incurred by Government | 20 |
| h) Income by way of royalty payable by Government | 10 |
| j) Income by way of fees for technical services payable by Government or an Indian concern in pursuance of an agreement made by it with the Government or the Indian concern and where such agreement is with an Indian concern, the agreement is approved by the Central Government or where it relates to a matter included in the industrial policy, for the time being in force, of the Government of India, the agreement is in accordance with that policy | 10 |
| k) Any other income | 30 |
| Section 196B : Income from units (including long-term capital gain on transfer of such units) to an offshore fund | 10 |
| Section 196C : Income from foreign currency bonds or GDR of an Indian company (including long-term capital gain on transfer of such bonds or GDR) | 10 |
| Section 196D : Income of foreign Institutional Investors from securities (not being dividend or capital gain arising from such securities) | 20 |
| 2. In the case of a company- | |
| 2.1 where the company is a domestic company- | |
| Section 193 : Interest on securities | |
| a) any debentures or securities for money issued by or on behalf of any local authority or a corporation established by a Central, State or Provincial Act; | 10 |
| c) any security of the Central or State Government; [i.e. 8% Saving (Taxable) Bonds, 2003 and 7.75% Saving (Taxable) Bonds, 2018] | 10 |
| d) interest on any other security | 10 |
| Section 194 : Dividend | 10 |
| Section 194A : Income by way of interest other than "Interest on securities" | 10 |
| Section 194B : Income by way of winnings from lotteries, crossword puzzles, card games and other games of any sort | 30 |
| Section 194BB : Income by way of winnings from horse races | 30 |
| Section 194C : Payment to contractor/sub-contractor | |
| a) HUF/Individuals | 1 |
| b) Others | 2 |
| Section 194D : Insurance commission | 10 |
| Section 194DA : Payment in respect of life insurance policy | 1 |
| Section 194EE : Payment in respect of deposit under National Savings scheme | 10 |
| Section 194F : Payment on account of repurchase of unit by Mutual Fund or Unit Trust of India | 20 |
| Section 194G : Commission, etc., on sale of lottery tickets | 5 |
| Section 194H : Commission or brokerage | 5 |
| Section 194-I : Rent | |
| a) Plant & Machinery | 2 |
| b) Land or building or furniture or fitting | 10 |
| Section 194-IA : Payment on transfer of certain immovable property other than agricultural land | 1 |
| Section 194-IC : Payment of monetary consideration under Joint Development Agreements | 10 |
| Section 194J : Any sum paid by way of
a) Fee for professional services, b) Fee for technical services c) Royalty, d) Remuneration/fee/commission to a director or e) For not carrying out any activity in relation to any business f) For not sharing any know-how, patent, copyright etc. Note: With effect from June 1, 2017 the rate of TDS would be 2% in case of payee engaged in business of operation of call center. |
10 |
| Section 194LA : Payment of compensation on acquisition of certain immovable property Note: With effect from April 1, 2017, no deduction of tax shall be made on any payment which is exempt from levy of income-tax under Right to Fair Compensation Act, 2013. |
10 |
| Section 194LBA(1) : Business trust shall deduct tax while distributing, any interest received or receivable by it from a SPV or any income received from renting or leasing or letting out any real estate asset owned directly by it, to its unit holders. | 10 |
| Section 194LBC : Income in respect of investment made in a securitisation trust | 10 |
| Any Other Income | 10 |
| 2.2 where the company is not a domestic company- | |
| Section 194B : Income by way of winnings from lotteries, crossword puzzles, card games and other games of any sort | 30 |
| Section 194BB : Income by way of winnings from horse races | 30 |
| Section 194E : Payment to non-resident sports association | 20 |
| Section 194G : Commission, etc., on sale of lottery tickets | 5 |
| Section 194LB : Payment of interest on infrastructure debt fund | 5 |
| Section 194LBA (2) : Business trust shall deduct tax while distributing any interest income received or receivable by it from a SPV to its unit holders. | 5 |
| Section 194LBA(3) : Business trust shall deduct tax while distributing any income received from renting or leasing or letting out any real estate asset owned directly by it to its unit holders. | 40 |
| Section 194LBB : Investment fund paying an income to a unit holder [other than income which is exempt under Section 10(23FBB)]. | 40 |
| Section 194LBC : Income in respect of investment made in a securitisation trust | 40 |
| Section 194LC : Payment of interest by an Indian Company or a business trust in respect of money borrowed in foreign currency under a loan agreement or by way of issue of long-term bonds (including long-term infrastructure bond) Note: With effect from April 1, 2018 benefit of such concessional TDS rate has been further extended by three years. |
5 |
| Section 194LD : Payment of interest on rupee denominated bond of an Indian Company or Government securities to a Foreign Institutional Investor or a Qualified Foreign Investor Note: With effect from April 1, 2018 benefit of such concessional TDS rate has been further extended by three years. |
5 |
| Section 195 : Payment of any other sum | |
| a) Income by way of long-term capital gains | 10 |
| b) Income by way of long-term capital gains as referred to in Section 112A | 10 |
| c) Income by way of short-term capital gains | 15 |
| d) Any other income by way of long-term capital gains [not being long-term capital gains referred to in clauses 10(33), 10(36) and 112A | 20 |
| e) Income by way of interest payable by Government or an Indian concern on moneys borrowed or debt incurred by Government or the Indian concern in foreign currency (not being income by way of interest referred to in Section 194LBor Section 194LC) | 20 |
| f) Income by way of royalty payable by Government or an Indian concern in pursuance of an agreement made by it with the Government or the Indian concern after the 31st day of March, 1976 where such royalty is in consideration for the transfer of all or any rights ( | 10 |
| A. where the agreement is made after the 31st day of March, 1961 but before the 1st day of April, 1976 | 50 |
| B. where the agreement is made after the 31st day of March, 1976 | 10 |
| h) Income by way of fees for technical services payable by Government or an Indian concern in pursuance of an agreement made by it with the Government | |
| A. where the agreement is made after the 29th day of February, 1964 but before the 1st day of April, 1976 | 50 |
| B. where the agreement is made after the 31st day of March, 1976 | 10 |
| i) Any other income | 40 |
| Section 196B : Income from units (including long-term capital gain on transfer of such units) to an offshore fund | 10 |
| Section 196C : Income from foreign currency bonds or GDR of an Indian company (including long-term capital gain on transfer of such bonds or GDR) | 10 |
| Section 196D : Income of foreign Institutional Investors from securities (not being dividend or capital gain arising from such securities) | 20 |
* The rate of TDS shall be increased by applicable surcharge and Health & Education cess
