 |
| 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. | ||||||
