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TDS Rate Chart for FY 2021-22 and FY 2020-21

Updated on:  

08 min read

TDS stands for Tax Deducted at Source.

نظرة عامة على لوائح الفواتير الإلكترونية في المملكة المادة الثانية: الغاية والهدف المادة الثالثة: الأشخاص الخاضعون لهذه اللائحة المادة الرابعة: الأحكام المتعلقة بالفواتير والسندات الإلكترونية المادة الخامسة: المواصفات الفنية والقواعد الإجرائية المادة السادسة: الأحكام العامة المادة السابعة: الفروض والالتزام

Latest Update

CBDT issued a circular on 25th June 21 extending some timelines for AY 21-22

(i) The due date to file TDS return for Q4 of the FY 2020-21 is extended from 30th June 21 to 15th July 21.

(ii) The due date to furnish the TDS Certificate to employees in Form No. 16 is extended from 15th July 21 to 31st July 21.

TDS rates in India

The following tables list the various TDS rates applicable to resident and non-resident payments as well as TDS rates on domestic and foreign companies in India. Any person paying income is responsible to deduct tax at source and deposit TDS within the stipulated due date.

TDS Rates for the FY 2021-22

TDS rates applicable for the resident of India (Other than a company)

ParticularsTDS Rate
Section 192: Payment of salary
Section 192A: Premature withdrawal from EPF
Normal Slab Rate
10%
Section 193: Interest on securities.
a)  any security of the Central or State Government;
b) any debentures or securities for money issued by any local authority or a corporation established by a Central, State or Provincial Act;
c) any debentures (listed on a recognised stock exchange) issued by a company where such debentures are ;
d) interest on any other security


10%

10%



10%


10%
Section 194: Payment of any dividend10%
Section 194A: Income in the form of interest (other than interest on securities).10%
Section 194B: Income by way of lottery winnings, card games, crossword puzzles, and other games of any type30%
Section 194BB:  Income by way of horse race winnings30%
Section 194C: Payment to contractor/sub-contractor.
a)   Individuals/HUF
b)   Others

1%
2%
Section 194D: Insurance commission5%
Section 194DA: Payment of any sum in respect of a life insurance policy.w.e.f. 1st September 2019, the insurer shall deduct tax (TDS) on the income portion comprised in the insurance pay-out.5%
Section 194EE: Payment of amount standing to the credit of a person under National Savings Scheme (NSS)10%
Section 194F: Payment due to repurchase of a unit by Unit Trust of India (UTI) or a Mutual Fund20%
Section 194G: Payments such as commission, etc., on the sale of lottery tickets5%
Section 194H: Commission or brokerage5%
Section 194-I: Rent ona) Plant and Machinery
b) Land/building/furniture/fitting w.e.f 1st April 2019, tax deduction limit on rent is increased to Rs 2.4 lakhs p.a. from Rs 1.8 lakhs p.a.

2%
10%
Section 194-IA: Payment in consideration of transfer of certain immovable property other than agricultural land.
Section 194-IB: Rent payment by an individual or HUF not covered u/s. 194I
Section 194-IC: Payment under Joint Development Agreements (JDA) to Individual/HUF
1%


5%

10%
Section 194J: Any sum paid by way of: 
(a) Fee for professional services; 
(b) Remuneration/fee/commission to a director;
(c) For not carrying out any activity in relation to any business;
(d) For not sharing any know-how, patent, copyright etc.
(e) Fee for technical services, and
(f)  Royalty towards the sale or distribution, or exhibition of cinematographic films.
(g) Fees for technical services but payee is engaged in the business of operation of call centre


10%
10%

10%

10%

2%
2%

2%
Section 194K: Payment of any income for units of a mutual fund as per section 10(23D) or from the administrator or specified company 10%
Section 194LA: Payment in respect of compensation on acquisition of certain immovable property.10%
Section 194LBA(1): Certain income distributed by a business trust to its unitholder10%
Section 194LBB: Certain income paid in respect of units of an investment fund to a unitholder.10%
Section 194LBC: Income frominvestment in securitisation fund
(a) Individual and HUF
(b) Others


25%
30%
Section 194M: Certain payments by Individual/HUF (Limit- Rs 50 Lakhs)5%
Section 194N: Cash withdrawal exceeding a certain amount (limit- Rs 1 crore).
In case Rs 20 lakh or more is withdrawn by the person not-filing ITR for the last three years, for which the due date of filing ITR has expired, the TDS rates shall be applicable as per below slabs-
For the amount more than Rs.20 lakh but up to Rs. 1 crore, and And for the amount exceeding Rs. 1 crore 
2%



2%

5%
Section 194O: For the sale of goods or provision of services by the e-commerce operator through its digital or electronic facility or platform.1%
Section 194P: Tax deduction by specified banks while making payments (pension or interest) to specified senior citizens or age 75 years or more.Tax on total income as per rates in force
Section 194Q: Payments to residents for the purchase of goods if the aggregate value of goods exceeds Rs 50 lakhs.(TDS is deductible on value exceeding Rs 50 lakhs)0.1%
Any Other Income10%

TDS rates applicable on Non Resident Indian (Other than a company)

ParticularsTDS Rate
Section 192: Payment of salary
Section 192A: Premature withdrawal from EPF
Normal Slab Rate
10%
Section 194B: Income by way of lottery winnings, card games, crossword puzzles, and other games of any type30%
Section 194BB:  Income by way of horse race winnings30%
Section 194E: Payment to non-resident sportsman (including an athlete) or an entertainer (not a citizen of India) or non-resident sports association.20%
Section 194EE: Payment of amount standing to the credit of a person under National Savings Scheme (NSS)10%
Section 194F: Payment due to repurchase of a unit by Unit Trust of India (UTI) or a Mutual Fund20%
Section 194G: Payments such as commission, etc., on the sale of lottery tickets5%
Section 194LB: Payment in respect of compensation on acquisition of certain immovable property.5%
Section 194LBA(2): Payment like-
-interest income received or receivable to a business trust from SPV and distribution to its unitholders.
-dividend income received from SPV by a business trust, in which it holds the entire share capital other than required to be held by the government or government body, and distribution to its unitholders.


5%


10%



Section 194LBA(3)- payment in the nature of income in the nature of rental income, out of real estate assets owned directly by such business trust, to unitholders.30%
Section 194LBB: Payment of certain income by an investment fund to a unitholder.30%
Section 194LBC: Income from investment in securitisation fund30%
Section 194LC: Payment in the nature of interest for the loan borrowed in foreign currency by an Indian company or business trust against loan agreement or against the issue of long-term bonds*.
*If interest is payable against long term bonds listed in recognised stock exchange in IFSC
5%






4%
Section 194LD:  Payment of interest on the bond (rupee-denominated) to Foreign Institutional Investors or a Qualified Foreign Investor.5%
Section 195: Payment of any other sum to NRI:Income on investments made by NRI citizen;

Income by way of LTCG referred to in section 115E in the case of NRI;

Income by way of LTCG under section 112(1)(c)(iii);
Income by way of LTCG under section 112A;

Income by way of STCG under section 111A;
Any other income by way of LTCG;
Interest payable on money borrowed by the government or Indian concern in foreign currency;

Income from royalty payable to the Indian concern, by government or Indian concern, for the copyright in a subject referred in the first proviso of section 115A or computer software referred to in the second proviso of section 115A 
Income from royalty payable to the Indian concern by government or Indian concern in pursuance of an agreement on matters related to industrial policy;
Income from technical fees to the Indian concern by government or Indian concern in pursuance of an agreement on matters related to industrial policy;

Any other income.

20%


10%

10%

10%

15%

20%
20%


10%






10%




10%




30%
Section 196B: Income (including LTCG) from units of an offshore fund.10%
Section 196C: Income (including LTCG) from foreign currency bonds or GDR of an Indian company10%
Section 196D: Income (excluding dividend and capital gain) from Foreign Institutional Investors.20%

TDS rates where the company is a domestic company

ParticularsTDS Rate
Section 192: Payment of salary
Section 192A: Premature withdrawal from EPF
Normal Slab Rate
10%
Section 193: Interest on securities.
a)  any security of the Central or State Government;
b) any debentures or securities for money issued by any local authority or a corporation established by a Central, State or Provincial Act;
c) any debentures (listed on a recognised stock exchange) issued by a company where such debentures are ;
d) interest on any other security


10%

10%



10%


10%
Section 194: Payment of any dividend10%
Section 194A: Income in the form of interest (other than interest on securities).10%
Section 194B: Income by way of lottery winnings, card games, crossword puzzles, and other games of any type30%
Section 194BB:  Income by way of horse race winnings30%
Section 194C: Payment to contractor/sub-contractor.
a)   Individuals/HUF
b)   Others



1%
2%
Section 194D: Insurance commission10%
Section 194DA: Payment of any sum in respect of a life insurance policy.w.e.f. 1st September 2019, the insurer shall deduct tax (TDS) on the income portion comprised in the insurance pay-out.5%
Section 194EE: Payment of amount standing to the credit of a person under National Savings Scheme (NSS)10%
Section 194F: Payment due to repurchase of a unit by Unit Trust of India (UTI) or a Mutual Fund20%
Section 194G: Payments such as commission, etc., on the sale of lottery tickets5%
Section 194H: Commission or brokerage5%
Section 194-I: Rent ona) Plant and Machinery
b) Land/building/furniture/fitting w.e.f 1st April 2019, tax deduction limit on rent is increased to Rs 2.4 lakhs p.a. from Rs 1.8 lakhs p.a.

2%
10%
Section 194-IA: Payment in consideration of transfer of certain immovable property other than agricultural land.
Section 194-IC: Payment under Joint Development Agreements (JDA) to Individual/HUF
1%


10%
Section 194J: Any sum paid by way of: 
(a) Fee for professional services; 
(b) Remuneration/fee/commission to a director;
(c) For not carrying out any activity in relation to any business;
(d) For not sharing any know-how, patent, copyright etc.
(e) Fee for technical services, and
(f)  Royalty towards the sale or distribution, or exhibition of cinematographic films.
(g) Fees for technical services but payee is engaged in the business of operation of call centre


10%
10%

10%

10%

2%
2%

2%
Section 194K: Payment of any income for units of a mutual fund as per section 10(23D) or from the administrator or specified company 10%
Section 194LA: Payment in respect of compensation on acquisition of certain immovable property.10%
Section 194LBA(1): Certain income distributed by a business trust to its unitholder10%
Section 194LBB: Certain income paid in respect of units of an investment fund to a unitholder.10%
Section 194LBC: Income from investment in securitisation fund
10%

Section 194M: Certain payments by Individual/HUF (Limit- Rs 50 Lakhs)5%
Section 194N: Cash withdrawal exceeding a certain amount (limit- Rs 1 crore).
In case Rs 20 lakh or more is withdrawn by the person not-filing ITR for the last three years, for which the due date of filing ITR has expired, the TDS rates shall be applicable as per below slabs-
For the amount more than Rs.20 lakh but up to Rs. 1 crore, and And for the amount exceeding Rs. 1 crore 
2%








2%

5%
Section 194O: For the sale of goods or provision of services by the e-commerce operator through its digital or electronic facility or platform.1%
Section 194P: Tax deduction by specified banks while making payments (pension or interest) to specified senior citizens or age 75 years or more.Tax on total income as per rates in force
Section 194Q: Payments to residents for the purchase of goods if the aggregate value of goods exceeds Rs 50 lakhs.(TDS is deductible on value exceeding Rs 50 lakhs)0.1%
Any Other Income10%

TDS rates where the company is not a domestic company

ParticularsTDS Rate
Section 194B: Income by way of lottery winnings, card games, crossword puzzles, and other games of any type30%
Section 194BB:  Income by way of horse race winnings30%
Section 194E: Payment to non-resident sportsman (including an athlete) or an entertainer (not a citizen of India) or non-resident sports association.20%
Section 194G: Payments such as commission, etc., on the sale of lottery tickets5%
Section 194LB: Payment in respect of compensation on acquisition of certain immovable property.5%
Section 194LBA(2): Payment such as-
-interest income received or receivable to a business trust from SPV and distribution to its unitholders.
-dividend income received from SPV by a business trust, in which it holds the entire share capital other than required to be held by the government or government body, and distribution to its unitholders.


5%


10%



Section 194LBA(3)- payment in the nature of income in the nature of rental income, out of real estate assets owned directly by such business trust, to unitholders.40%
Section 194LBB: Payment of certain income by an investment fund to a unitholder.40%
Section 194LBC: Income from investment in securitisation fund40%
Section 194LC: Payment in the nature of interest for the loan borrowed in foreign currency by an Indian company or business trust against loan agreement or against the issue of long-term bonds*.
*If interest is payable against long term bonds listed in recognised stock exchange in IFSC
5%




4%
Section 194LD:  Payment of interest on the bond (rupee-denominated) to Foreign Institutional Investors or a Qualified Foreign Investor.5%
Section 195: Payment of any other sum, such as-Income by way of LTCG under section 112(1)(c)(iii);
Income by way of LTCG under section 112A;
Income by way of STCG under section 111A;
Any other income by way of LTCG;
Interest payable on money borrowed by the government or Indian concern in foreign currency;
Income from royalty payable to the Indian concern, by government or Indian concern, for the copyright in a subject referred in the first proviso of section 115A or computer software referred to in the second proviso of section 115A (an agreement made after 1st March 1976);
Income from royalty payable to the Indian concern by government or Indian concern in pursuance of an agreement on matters related to industrial policy. Where the agreement is made after-
31st March 1961 but before 1st April 1976-31st March 1976
Income from technical fees to the Indian concern by government or Indian concern in pursuance of an agreement on matters related to industrial policy. Where agreement is made after-
29th February 1964 but before 1st April 197631st March 1976
Any other income.


10%

10%

15%

20%
20%


10%














50%
10%







50%
10%
40%
Section 196B: Income (including LTCG) from units of an offshore fund.10%
Section 196C: Income (including LTCG) from foreign currency bonds or GDR of an Indian company10%
Section 196D: Income (excluding dividend and capital gain) from Foreign Institutional Investors.20%

TDS rates for the FY 2020-21

Reduction in TDS rates due to COVID-19

The government has provided relief in the TDS rates for the period 14.05.2020 to 31.03.2021, due to the pandemic and resultant lockdown affecting all sectors of the economy. The relief is limited to the TDS rates only and not for the rates where tax needs to be deducted or collected at a higher rate. The benefit of revision applies to only Resident Indians. Hence, Non residents cannot claim benefits of the same.

TDS rates applicable for resident of India

Particulars TDS Rate (%) TDS Rates from 01.04.2020 to 13.05.2020 TDS Rates from 14.05.2020 to 31.03.2021
Section 192: Payment of salary Section 192A: Premature withdrawal from EPF Normal Slab Rate
10

Normal Slab Rate 10 Normal Slab Rate
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;
b) any debentures issued by a company where such debentures are listed on a recognized stock exchange in accordance with the Securities Contracts (Regulation) Act, 1956 (42 of 1956) and any rules made thereunder;
c) any security of the Central or State Government;
d) interest on any other security
10 10 7.5
Section 194: Dividend other than the dividend as referred to in Section 115-O 10 10 7.5
Section 194A: Income by way of interest other than “Interest on securities”
w.e.f 1st April 2018, interest up to Rs. 50,000 earned by senior citizens on:
– deposit with banks
– deposit with post offices
– fixed deposits schemes
– recurring deposit schemes
will be exempt from TDS
w.e.f 1st April 2019, TDS on the interest income from post offices and bank deposits have increased up to Rs. 40,000 from the present limit of Rs. 10,000.
10 10 7.5
Section 194B: Income by way of winnings from lotteries, crossword puzzles, card games and other games of any sort 30 30 30
Section 194BB: Income by way of winnings from horse races 30 30 30
Section 194C: Payment to contractor/sub-contractors.
a)   HUF/Individuals
b)   Others
 
1
2

1
2

0.75
1.5
Section 194D: Insurance commission 5 (w.e.f 01.06.2016)
(10% from 01.04.2015 to 31.05.2016
5

3.75
Section 194DA: Payment in respect of a life insurance policy 5
(w.e.f 01.09.2015)
1
(w.e.f 01.06.2016)
(2% from 01.04.2015 to 31.05.2016)
5 3.75
Section 194EE: Payment in respect of deposit under National Savings scheme 10
(w.e.f 01.06.2016)
(20% from 01.04.2015 to 31.05.2016)
10 7.5
Section 194F: Payment on account of repurchase of a unit by Mutual Fund or Unit Trust of India 20 20 15
Section 194G: Commission, etc., on the sale of lottery tickets 5
(w.e.f  01.06.2016)
(10 % from 01.04.2015 to 31.05.2016)
5 3.75
Section 194H: Commission or brokerage 5
(w.e.f  01.06.2016)
(10 % from 01.04.2015 to 31.05.2016)
5 3.75
Section 194-I: Rent on
a) Plant & Machinery
b) Land or building or furniture or fitting W.e.f 1st April 2019, TDS limit for deduction of tax on rent is increased to Rs. 2,40,000 p.a from Rs.1,80,000 p.a.

(a) 2
(b) 10

(a) 2
(b) 10

1.5
7.5
Section 194-IA: Payment on transfer of certain immovable property other than agricultural land
Section 194 – IB: Rent payable by an individual or HUF not covered u/s. 194I (w.e.f from 01.06.2017)





Section 194 – IC:  Payment under Joint Development Agreements to Individual/HUF
(w.e.f. 01.04.2017)
1  

5 (w.e.f from 01.06.2017)
(If payment of Rent exceeds Rs. 50,000/- per month. )

10
1

5






10
0.75

3.75






7.5
Section 194J: Any sum paid by way of: 
(a)  Fee for professional services
(b)  Remuneration/fee/commission to a director ore)
(c) For not carrying out any activity in relation to any business. 
(d) For not sharing any know-how, patent, copyright etc.
(e) Fee for technical services and
(f)  Royalty towards the sale or distribution or exhibition of cinematographic films.

10




2

10




2

7.5




1.5
Section 194 K:Payment of any income in respect of
(a) units of a mutual fund as per section 10(23D); or
(b) the units from the administrator; or
(c) units from specified company
(w.e.f. 01.04.2020)
10 10 7.5
Section 194LA: Payment of compensation on acquisition of certain immovable property 10 10 7.5
Section 194LBA: Certain income distributed by a business trust to its unit holder 10 10 7.5
Section 194LBB: Certain income paid by an investment fund to its investors 10 10 7.5
Section 194 LBC:Income in respect of investment in securitization fund
(a) Individual and HUF
(b) Others


25
30


25
30


18.75
22.5
Section 194M: Certain payments by Individual/HUF (Limit – 50 Lakhs) 5 5 3.75
Section 194N:Payment of certain amount in cash (Limit 1 Crore) 2 2 2
Section 194N:Payment of certain amount in cash (first proviso of section 194N) if-
–  The amount is more than Rs.20 lakh but up to Rs. 1 crore
–  The amount exceeds Rs. 1 crore (Applicable from 01.07.2020)




2
5


2
5
Section 194O: Applicable for e-commerce operator for the sale of goods or provision of services facilitated by it through its digital or electronic facility or platform (Applicable from 01.10.2020) 1 0.75
Any Other Income 10 10 10
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TDS Rates Applicable for Non-Resident of India (NRIs)

ParticularsTDS Rate (%)TDS Rates from 01.04.2020 to 13.05.2020TDS Rates from 14.05.2020 to 31.03.2021
Section 192: Payment of Salary
Section 192A: Premature withdrawal from EPF
Normal Slab Rate 
10
Normal Slab Rate 
10
Normal Slab Rate 
10
Section 194B: Income by way of winnings from lotteries, crossword puzzles, card games and other games of any sort303030
Section 194BB: Income by way of winnings from horse races303030
Section 194E: Payment to non-resident sportsmen/sports association202020
Section 194EE: Payment in respect of deposits under National Savings Scheme10 1010
Section 194F: Payment on account of repurchase of a unit by Mutual Fund or Unit Trust of India202020
Section 194G: Commission, etc., on sale of lottery tickets55
Section 194LB: Payment of interest on infrastructure debt fund555
Section 194LBA: Income from units of business trust
– interest received or receivable from a special purpose vehicle; or
– dividend referred to in sub-section (7) of section 115-O
 5 
10

5
10

5
10
Section 194LBC: Income in respect of investment in securitization fund303030
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)555
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 Investor555
Section 194N: Payment of a certain amount in cash (Limit 1 Crore)222
Section 194N: Payment of certain amount in cash (first proviso of section 194N)if
-–  The amount is more than Rs.20 lakh but up to Rs. 1 crore
–  The amount exceeds Rs. 1 crore (Applicable from 01.07.2020)
 25 25
Section 195: Payment of any other sum to a Non-resident       
a) Income in respect of investment made by a Non-resident Indian Citizen202020
b) Income by way of long-term capital gains referred to in Section 115E in case of a Non-resident Indian Citizen101010
c) Income by way of long-term capital gains referred to in sub-clause (iii) of clause (c) of sub-section (1) of Section 193101010
d) Income by way of short-term capital gains referred to in Section 111A151515
e) Any other income by way of long-term capital gains [not being long-term capital gains referred to in clauses (33), (36) and (38) of Section 10]202020
f) Income by way of interest payable by Government or an Indian concern on money borrowed or debt incurred by Government or the Indian concern in foreign currency (not being income by way of interest referred to in Section 194LB or Section 194LC202020
g) 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 where such royalty is in consideration for the transfer of all or any rights (including the granting of a licence) in respect of a copyright in any book on a subject referred to in the first proviso to sub-section (1A) of Section 115A of the Income-tax Act, to the Indian concern, or in respect of any computer software referred to in the second proviso to sub-section (1A) of Section 115A of the Income-tax Act, to a person resident in India101010
h) Income by way of royalty [not being royalty of nature referred to in sub-item (b)(i)(F)] 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 policy101010
i) 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 policy101010
j) Any other income303030
Section 196A: Income in respect – of units of a Mutual Fund specified under clause (23D) of section 10; or-from the specified company referred to in the Explanation to clause (35) of section 10202020
Section 196B: Income from units (including long-term capital gain on transfer of such units) to an offshore fund101010
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)101010
Section 196D: Income of Foreign Institutional Investors from securities (not being a dividend or capital gain arising from such securities)202020

TDS Rates Applicable for a Domestic Company

Particulars TDS Rate (%) TDS Rates from 01.04.2020 to 13.05.2020 TDS Rates from 14.05.2020 to 31.03.2021
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;
b) any debentures issued by a company where such debentures are listed on a recognised stock exchange in accordance with the Securities Contracts (Regulation) Act, 1956 (42 of 1956) and any rules made thereunder;
c) any security of the Central or State Government;
d) interest on any other security
10 10 7.5
Section 194: Dividend 10 10 7,5
Section 194A: Income by way of interest other than “Interest on securities” 10 10 7.5
Section 194B: Income by way of winnings from lotteries, crossword puzzles, card games and other games of any sort 30 30 30
Section 194BB: Income by way of winnings from horse races 30 30 30
Section 194C: Payment to contractor/sub-contractor
a) HUF/Individuals
b) Others

1
2

1
2

0.75
1.5
Section 194D: Insurance commission 10 10 10
Section 194DA: Payment in respect of the life insurance policy 5
(w.e.f 01.09.2015) 1
(  w.e.f 01.06.2016)
(2% from 01.04.2015 to 31.05.2016)
5 3.75
Section 194EE: Payment in respect of deposit under National Savings scheme 10
(w.e.f 01.06.2016)
(20% from 01.04.2015 to 31.05.2016)
10 7.5
Section 194F: Payment on account of repurchase of unit by Mutual Fund or Unit Trust of India 20 20 15
Section 194G: Commission, etc., on sale of lottery tickets 5
(w.e.f  01.06.2016)
(10 % from 01.04.2015 to 31.05.2016)
5 3.75
Section 194H: Commission or brokerage 5
(w.e.f  01.06.2016)
(10 % from 01.04.2015 to 31.05.2016)
5 3.75
Section 194-I: Rent
a) Plant & Machinery
b) Land or building or furniture or fitting

2
10

2
10

1.5
7.5
Section 194-IA: Payment on transfer of certain immovable property other than agricultural land Section 194 – IB: Rent payable by an individual or HUF not covered u/s. 194I (w.e.f from 01.06.2017)



Section 194 – IC:  Payment under Joint Development Agreements to Individual/HUF (w.e.f. 01.04.2017)
1

5
(w.e.f from 01.06.2017)
(If payment of Rent exceeds Rs. 50,000/- per month. )

10
1


5






10
0.75

3.75







7.5
Section 194J: Any sum paid by way of
a) Fee for professional services
(b) Remuneration/fee/commission to a director
(c) For not carrying out any activity in relation to any business
(d) For not sharing any know-how, patent, copyright etc.
e) Fee for technical services and
(f)  Royalty towards the sale or distribution or exhibition of cinematographic films.

10



2

10



2

7.5



1.5
Section 194LA: Payment of Compensation on the acquisition of certain immovable property 10 10 7.5
Section 194LBA: Certain income distributed by a business trust to its unit holder 10 10 7.5
Any Other Income 10 10 7.5

TDS Rates Applicable for a company other than Domestic Company

ParticularsTDS Rate (%)TDS Rates from 01.04.2020 to 13.05.2020TDS Rates from 14.05.2020 to 31.03.2021
Section 194B: Income by way of winnings from lotteries, crossword puzzles, card games and other games of any sort303030
Section 194BB: Income by way of winnings from horse races303030
Section 194E: Payment to the non-resident sports association202020
Section 194G: Commission, etc., on the sale of lottery tickets555
Section 194LB: Payment of interest on infrastructure debt fund555
Section 194LBA: Certain income distributed by a business trust to its unit holder555
Section 194LBC: Income in respect of securitization of funds404040
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)555
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 Investor555
Section 195: Payment of any other sum) Income by way of long-term capital gains referred to in sub-clause (iii) of clause (c) of sub-section (1) of Section 112101010
b) Income by way of short-term capital gains referred to in Section 111A151515
c) Any other income by way of long-term capital gains [not being long-term capital gains referred to in clauses (33), (36) and (38) of Section 10]202020
d) Income by way of interest payable by Government or an Indian concern on money borrowed or debt incurred by Government or the Indian concern in foreign currency (not being income by way of interest referred to in Section 194LB or Section 194LC)202020
e) 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 and where such royalty is in consideration for the transfer of all or any rights (including the granting of a license) in respect of copyright in any book on a subject referred to in the first proviso to sub-section (1A) of Section 115A of the Income Tax Act, to the Indian concern or in respect of any computer software referred to in the second proviso to sub-section (1A) of Section 115A of the Income Tax Act, to a person resident in India101010
f) Income by way of royalty [not being royalty of nature referred to in sub-item (b)(iv)] 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—101010
A. where the agreement is made after the 31st day of March 1961 but before the 1st day of April 1976.
B. where the agreement is made after the 31st day of March 1976
50 

10
50 

10
50 

10
g) 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—      
A. where the agreement is made after the 29th day of February 1964 but before the 1st day of April, 1976
B.where the agreement is made after the 31st day of March 1976
Any other income
50  

10 
40
50  

10 
40
50  

10 
40
Section 196B: Income from units (including long-term capital gain on transfer of such units) to an offshore fund101010
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)101010
Section 196D: Income of foreign Institutional Investors from securities (not being dividend or capital gain arising from such securities)202020

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