RATES OF TDS TDS Other than salary and on Salary


SECTION CODE DESCRIPTION AY 2018-2019
TAX SUCHARGE (Only Non Domestic Company) EDU. CESS HIGHER EDU. CESS Limit for Tax Deduction
192A Accumulated PF balance due to employees (Applicable from 01/06/2015) 10% 0% 0% 0% 50000/-
193 Interest on securities 10% 0% 0% 0% Rs. 5000 (Rs. 2500/- up to 30th June , 2012)
194 Dividends 10% 0% 0% 0% Rs. 2500 (No Tax to be Deducted if DDT Has been Paid U/s 115-O)
194A Interest other than Interest on Securities 10% 0% 0% 0% Banking Company / Co-operative society / Post Office- Rs. 10000           Others – Rs. 5000
194B Winning from Lottery or Crossword Puzzle 30% 0% 0% 0% Rs. 10000
194BB Winning from Race Horse 30% 0% 0% 0% Rs. 10000
194C Payment to Contractor and Sub- Contractors 1% (in Case of Individual and Huf) /In other Case 2% 0% 0% 0% Rs. 30000 in a single payment or Rs. 100000 in aggregate
194D Insurance Commision (other than a Company) 5% 0% 0% 0% Rs. 15000
194D Insurance Commision (Domestic Company) 10% 0% 0% 0% Rs. 15000
194DA Sum paid under a life insurance policy including Bonus 1% 0 0 0 Rs. 100000
194EE Deposits under NSS 10% 0% 0% 0% Rs. 2500
194F Repurchase of Units by Mutual Fund or UTI 20% 0% 0% 0% Nil
194G Commission on sale of Lottery Tickets 5% 0% 0% 0% Rs. 15000
194H Commision or Brokerage 5% 0% 0% 0% Rs. 15000
194I Rent a) 2% in Case of Rent of P&M           b) In other Case it is 10% 0% 0% 0% Rs. 180000
194IA Payment to a Resident Transferor for transfer of any immovable property (Applicable from june 1,2013 1% 0% 0% 0% Rs. 5000000
194IB Payment of rent by an Individual/ HUF  Not Subject to Tax Audit 5% 0% 0% 0% Will be effective from 1st June, 2017). Where rent Exceeds from 50000/- Per Month or Part of Month
194IC Payment under joint Development agreement to a resident Individual / HUF 10% 0% 0% 0% Effective from 1st April, 2017)
194J Fees for Professional or Technical Services 10% (In case of call centre from 1st June, 2017 it will be 2%) 0% 0% 0% Rs. 30000
194LA Compensation on acquisition of immovable property 10% 0% 0% 0% Rs. 100000 (Increased to Rs. 250000/- W.e.f 01/07/2012)
194LBA (1) Distributed Income referred to in section 115UA 10% 0% 0% 0% No Exemption Limit
194LBB Income in respect of Units of an investment fund U/S 115UB 10% 0% 0% 0% No Exemption Limit
194LBC Income from investment in a securitisation trust If Individual/HUF-25%, Others-30%, Non resident- rates in force 0% 0% 0% No Exemption Limit
6CA Alcholic Liquor For Human Consumption 1% 2%* 2%* 1%* In case of Non PAN Rate will be Double or 5% whichever is higher.
No Exemption Limit
6CI Tendu Leaves 5% 2%* 2%* 1%* In case of Non PAN Rate will be Double or 5% whichever is higher
No Exemption Limit
6CB Timber obtained Under a Forest Leade 2.5% 2%* 2%* 1%* In case of Non PAN Rate will be Double or 5% whichever is higher
No Exemption Limit
6CC Timber obtained (other than Forest) 2.5% 2%* 2%* 1%* In case of Non PAN Rate will be Double or 5% whichever is higher
No Exemption Limit
6CD Forest Produce (other than Tendu Leaves) 2.5% 2%* 2%* 1%* In case of Non PAN Rate will be Double or 5% whichever is higher
No Exemption Limit
6CE Scrap 1% 2%* 2%* 1%* In case of Non PAN Rate will be Double or 5% whichever is higher.
No Exemption Limit
6CF Parking Lot 2% 2%* 2%* 1%* In case of Non PAN Rate will be Double or 5% whichever is higher
No Exemption Limit
6CG Toll plaza 2% 2%* 2%* 1%* In case of Non PAN Rate will be Double or 5% whichever is higher
No Exemption Limit
6CH Mining And Quarrying 2% 2%* 2%* 1%* In case of Non PAN Rate will be Double or 5% whichever is higher
No Exemption Limit
6CJ Minerals, being coal or lignite or iron ore 1% 2%* 2%* 1%* In case of Non PAN Rate will be Double or 5% whichever is higher
No Exemption Limit (Effective on or after 1st July, 2012)
6CK Bullion or jewellery N.A. from 1st April, 2017
6CL Sale of Motor Vehicle 1% 2%* 2%* 1%* In case of Non PAN Rate will be Double or 5% whichever is higher Exemption limit 1000000/- (effective on or after 1st June, 2016)
6CM TCS on sale in cash of any goods (other than bullion/jewellery) N.A. from 1st April, 2017
6CN TCS on providing of any services (other than Ch-XVII-B) N.A. from 1st April, 2017
* Note: For Non Salary and TCS
* For the purpose of Tax Deduction/Collection  Surcharge, Education Cess and Secondary And Higher Cess is not required to deduct/Collect if Payment made/Collected to Resident and for other than Salary. In case payment Made to Non Domestic Company than Surcharge (@2% If payment exceed from 1.00 Crore but not Exceed 10 Crore, In case Payment Exceed From 10 Crore than rate of Surcharge will be @5%)  Required to be Deducted
* In case payment made to Non Resident (other than Individual, HUF, AOP and BOI), Surcharge (@12% when Payment exceed Rs. 1 Crore) , Education Cess And Secondary And Higher Cess required to be Deducted/Collected.
* In case of Payment made to Non Resident individual / HUF , AOP and BOI for payment exceeding 50 lacs but less than 1 cr than surcharge will be applicable @ 10% and in cas ewhen exceeds from 1 cr. than Surcharge will be applicable @ 15%

 

AY 2018-2019
INDIVIDUAL other then Senior citizen or very senior citizen
INCOME SLAB TAX SURCHARGE ( Total Income Exceed Rs. 1 Crore) EDU. CESS HIGHER EDU. CESS
Upto Rs. 250000 NIL NIL NIL NIL
Rs. 250000 to Rs. 500000 5% of (total income  – Rs. 250000) NIL 2% 1%
Rs. 500000 to Rs. 1000000 Rs. 12500 + 20% of (total income – Rs. 500000) NIL 2% 1%
Rs. 1000000 to Rs. 5000000 Rs. 112500 + 30% of (total income – Rs. 1000000) 12% 2% 1%
Rs. 5000000 to Rs. 10000000 Rs. 1312500 + 30% of (total income – Rs. 5000000) 10% 2% 1%
Above Rs 10000000 Rs. 2812500 + 30% of (total income – Rs. 5000000) 15% 2% 1%
INDIVIDUAL (SENIOR CITIZEN)
Upto Rs. 300000 NIL NIL NIL NIL
Rs. 300000 to Rs. 500000 5% of (total income  – Rs. 300000) NIL 2% 1%
Rs. 500000 to Rs. 1000000 Rs. 10000 + 20% of (total income – Rs. 500000) NIL 2% 1%
Rs. 1000000 to Rs. 5000000 Rs. 110000 + 30% of (total income – Rs. 1000000) NIL 2% 1%
Above Rs 5000000 Rs. 1310000 + 30% of (total income – Rs. 5000000) 10% 2% 1%
Above Rs 10000000 Rs. 2810000 + 30% of (total income – Rs. 5000000) 15% 2% 1%
INDIVIDUAL (VERY SENIOR CITIZEN)
Upto Rs. 500000 NIL NIL NIL NIL
Rs. 500000 to Rs. 1000000 20% of (total income – Rs. 500000) NIL 2% 1%
Rs. 1000000 to Rs. 5000000 Rs. 100000 + 30% of (total income – Rs. 1000000) 12% 2% 1%
Rs. 5000000 to Rs. 10000000 Rs. 1300000 + 30% of (total income – Rs. 5000000) 10% 2% 1%
Above Rs 10000000 Rs. 2800000 + 30% of (total income – Rs. 5000000) 15% 2% 1%
Rebate U/S 87A, Where Total Income does not Exceed Rs. 350000/- Lower of the Following
1 Tax Payable
2 2500/-