RATES OF TDS

Sr. No. Section Nature of Payment Threshold Limit
of Payment
Individual
/HUF
Others
1 192

Income from Salary

Women

Rs. 1,90,000 Average rate of Tax + edu. Cess (no surcharge) Not Applicable

Senior Citizen

Rs. 2,50,000
Super Senior Citizen Rs. 5,00,000
Others Rs. 1,80,000
2 194A

Interest from a
Banking Company

Rs. 10,000 per annum

10% 10%
3 194A

Interest other than
from a Banking Co.

Rs. 5,000 per annum

10% 10%
4 194C

Payment to Contractors;
Sub-contractor; Advertising Contractors

Rs. 30,000 per contract
(or)

1% 2%

Rs. 75,000 per annum

5 194-I

Rent on Plant /
Machinery

Rs. 1,80,000 per
annum
2% 2%
6 194-I

Rent Other then
Plant / Machinery

Rs. 1,80,000 per
annum

10% 10%
7 194J

Fees for Professional
/ Technical Services

Rs. 30,000 per annum

10% 10%
8 194B

Winning from Lotteries
& Puzzles

Rs. 10,000 per annum 30% 30%
9 194BB

Winning from Horse
Races

Rs. 5,000 per annum 30% 30%
10 194E

Non-resident Sportsman
or Sports Association

10% 10%
11 194D

Insurance Commission

Rs.20,000 per annum

10% 10%
12 194G

Commission on Sale
of Lottery Tickets

Rs.1000

10% 10%
13 194H

Commission/Brokerage

Rs. 5,000 per annum

10% 10%
14 206C

Scrap

1% 1%
15 206C

Tendu Leaves

5% 5%
16 206C

Timber obtained
under a forest lease or other mode

2.50% 2.50%
17 206C

Any other forest
produce not being a Timber or tendu leave

2.50% 2.50%
18 206C

Alcoholic Liquor
for Human Consumption

1% 1%
19 206C

Packing lot, toll
plaza, mining & quarrying

2% 2%

Note:-

1. Surcharges & Education Cess

Type of Payment Surcharge (2%) Education Cess (3.00%)
Salary No Yes
Other Payments to Residents No No
Other Payments to Foreign Co. (Payment exceeds 1 cr.) Yes Yes
Other Payments to Foreign Co. (Payment upto 1 cr.) No Yes
Payments to Other Non-residents (Irrespective of amount) No Yes

2. Nil rate will be applicable to transporter of goods if he provides his PAN to the deductor.

3. Nil Deduction entries of transporters also to be shown in Form 26Q.

4. TDS @ 20% where PAN not furnished.

Interest on delay in deposit of tax after deduction

Stage of deduction

Upto 30th June 2010
(Rate per month or part of the month)

From 1st
July 2010
(Rate per month or part of the month)

From date when deductible
till actual deduction

1% 1%

From date of deduction
till payment

1% 1.5%