Location

D-58, Basement Kalka Ji, New Delhi – 110019, India

opening Hrs

Mon - Sat: 9.30 to 18.00

RATES OF TDS

TDS / TCS RATES FOR F.Y.2017-18

Sr. No. Section Nature of Payment Threshold Limit of Payment 01-04- 2017 to 31-05- 2017 01-06- 2017 onwards
1 192 Income from Salary Senior Citizen (60 Years) Rs. 3,00,000 Average rate of Tax + Education Cess (Surcharge if Salary > 50 Lacs) Average rate of Tax + Education Cess (Surcharge if Salary > 50 Lacs)
Super Senior Citizen (80 Years) Rs. 5,00,000
Others Rs. 2,50,000
2 192A Premature Withdrawal from EPF (wef 01.06.2015) (*If PAN not furnished Rate of TDS at Maximum Mariginal Rate of 34.608%) Rs. 50,000 10% 10%
3 193 * Interest on Securities Rs. 5,000 10% 10%
4 194A Interest from a Banking Company Rs. 10,000 per annum 10% 10%
5 194A Interest other than from a Banking Co. Rs. 5,000 per annum 10% 10%
6 194B Winning from Lotteries & Cross Word Puzzles Rs. 10,000 per annum 30% 30%
7 194C Transporters with valid PAN & to whom 44AE applicable – 0% 0%
8 194C Payment to Contractors; Sub-contractor; Advertising Contractors Rs.30,000 per contract (or) Individual/HUF 1% Others 2% Individual/HUF 1% Others 2%
Rs. 1,00,000 per annum
9 194D Insurance Commision Rs. 15,000 Resident:5% Domestic Company:10% Resident:5% Domestic Company:10%
10 194DA Payment under life insurance policy (including Bonus) Rs.99,999 per annum 1% 1%
11 194E Non-resident Sportsman or Sports Association – 20% 20%
12 194EE Out of deposit under NSS Rs.2,499 Individual or HUF 10% Other NA Individual or HUF 10% Other NA
13 194G Commission on Sale of Lottery Tickets Rs. 15,000 5% 5%
14 194H **Commission/Brokerage Rs. 15,000 per annum 5% 5%
15 194-I **Rent on Plant / Machinery Rs. 1,80,000 per annum 2% 2%
16 194-I **Land or building or furniture or fitting Rs. 1,80,000 per annum 10% 10%
17 194-IA Payment or transfer of Non -agricultural immovable property Rs. 50,00,000 & above 1% 1%
18 194-IB Rent payable by an individual or HUF not covered u/s. 194I Rs.50,000 per month – 5%
19 194J Fees for Professional / Technical Services Rs. 30,000 per annum 10% 2% (For Call Centre) 10% (For Others)
20 194LA Compulsory Acquisition of immovable Property Rs. 2,50,000 10% 10%
* Only for Debenture in which the public are substantially interested ** Other than Individual or HUF except those covered u/s 44AB

TCS Rates
21 206C Scrap

–

 1.00% 1.00%
22 206C Tendu Leaves

–

 5.00% 5.00%
23 206C Timber obtained under a forest lease or other mode

–

 2.50% 2.50%
24 206C Any other forest produce not being a Timber or tendu leave

–

 2.50% 2.50%
25 206C Alcoholic Liquor for Human Consumption

–

 1.00% 1.00%
26 206C Packing lot, toll plaza, mining & quarrying

–

 2.00% 2.00%
27 206C Purchase of coal lignite, Iron ore by a trader

–

 1.00% 1.00%
28 206C Sale Value of Motor vehicle whether in cheque or in any other mode of receipt Exceeding Rs. 10 Lakhs per transaction 1.00% 1.00%
Surcharges & Education Cess
Type of Payment Surcharge Rate Education Cess (3.00%)
Salary(Resident & Non- resident) Upto 50 Lacs Nil Yes
50 Lacs to 1 Crore 10%
Salary (Resident & Non- resident) > 15% Yes
Other Payments to Residents No Nil No
Other Payments to Non-Residents
Payment to Non-Residents (other than Cos) Upto 1cr Nil Yes
> 1 Crore 10%
Payments to Foreign Co. Upto 1cr Nil Yes
> 1 Crore 2%
> 10 Crores 5%
Interest on delay in deposit of tax after deduction
Stage of deduction (Rate per month or part of the month)
From date when deductibletill actual deduction 1.00%
From date of deduction till payment 1.50%