Thursday 17 January 2019

TDS & TCS RATE CHART ,Financial Year: 2018-19 / Assessment Year: 2019-20

TDS RATE & TCS RATE CHART
TDS CHART AND TDS RATE
TDS  & TCS RATE CHART 
Financial Year: 2018-19 / Assessment Year: 2019-20
 TDS Rates and Limits F.Y: 18-19    (A.Y: 19-20)
Section Nature of Payment Threshold Indv / HUF Others
Rs. TDS Rate (%)
192 Salaries - Avg -
192A Premature withdrawal from EPF 50000 10 -
193 Interest on Securities 10000 10 10
194 Dividends 2500 10 10
194A Interest (Banks) 10000 10 10
194A Interest (Others) 5000 10 10
194B Winning from Lotteries 10000 30 30
194BB Winning from Horse Race 10000 30 30
194C Contractor - Single Transaction 30000 1 2
194C Contractor - During the F.Y. 1 Lakh 1 2
194C Transporter (44AE) declaration with PAN - - -
194D Insurance Commission (15G - 15H allowed) 15000 5 10
194DA Life insurance Policy 1 Lakh 1 1
194E Non-Resident Sportsmen or Sports Association - 20 20
194EE NSS 2500 10 10
194F Repurchase Units by MFs - 20 20
194G Commission - Lottery 15000 5 5
194H Commission / Brokerage 15000 5 5
194I Rent of Land and Building - F&F 1.80 Lakh 10 10
194I Rent of Plant / Machinery / Equipment 1.80 Lakh 2 2
194IB Rent by Individual / HUF (wef 01.06.2017) 50000/PM 5 -
194IA Transfer of certain immovable property other than agriculture land 50 Lakh 1 1
194J Professional Fees / Technical Fees / etc. 30000 10 10
194J Payment to Call Centre Operator (wef 01.06.2017) 30000 2 2
194LA Compensation on transfer of certain immovable property other than agricultural land 2.50 Lakh 10 10
194LA Immovable Property (TDS exempted under RFCTLARR Act (wef 01.04.2017) - - -
194LB Income by way of interest from infrastructure debt fund (non-resident) - 5 5
Section Nature of Payment Threshold Indv / HUF Others
Rs. TDS Rate (%)
194LC Income by way of interest by an Indian - 5 5
specified company to a non-resident /
foreign company on foreign currency
approved loan / long-term infrastructure
bonds from outside India (applicable from
July 1, 2012)
194LD Interest on certain bonds and Govt. Securities (from 01.06.2013) - 5 5
Note : TDS Rates without PAN      20% flat (if TDS rate is lower than 20%)
Note : The above list covers most of the sections applicable for domestic transactions
TDS RETURNS

TCS RATE CHART FY: 2018-19 (AY: 2019-20)
Section Nature of Payment TCS Rate (%)
206C Scrap 1
206C Tendu Leaves 5
206C Timber obtained under a forest lease or other mode 2.5
206C Any other forest produce not being a timber or tendu leave 2.5
206C Alcoholic Liquor for human consumption 1
206C Parking Lot, Toll Plaza, Mining and Quarrying 2
206C Minerals, being coal or lignite or iron ore (applicable from July 1, 2012) 1
206C Sale of motor vehicle of the value exceeding Rs. 10 Lacs (wef 01.06.2016)
Motor vehicle clause not applicable on Central Government, a State Government, an embassy, a High Commission, Legation, Commission, Consulate and the Trade Representation of a foreign State; Local Authority; a Public Sector Company which is engaged in the business of carrying passengers
(wef 01.04.2017)
1
Note : TCS Rates without PAN     Double of TCS rate as above or 5%, whichever is higher

Note :
1. Surcharge is not deductible on payments made to residents, other than salary.
2. In case of non-resident, surcharge would be applicable on TDS.
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