For Persons Resident in India:
| Particulars | TDS Rate (%) |
| Section 192: Payment of salary | Normal Slab Rate |
| 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 |
| Section 194: Dividend other than the dividend as referred to in Section 115-O | 10 |
| Section 194A: Income by way of interest other than “Interest on securities” | 10 |
| Section 194B: Income by way of winnings from lotteries, crossword puzzles, card games and other games of any sort | 30 |
| Section 194BB: Income by way of winnings from horse races | 30 |
| Section 194C: Payment to contractor/sub-contractors.
a) HUF/Individuals b) Others |
1
2 |
| Section 194D: Insurance commission | 5
( w.e.f 01.06.2016) (10% from 01.04.2015 to 31.05.2016 |
| Section 194DA: Payment in respect of the life insurance policy | 1
( w.e.f 01.06.2016) (2% from 01.04.2015 to 31.05.2016) |
| Section 194EE: Payment in respect of deposit under the National Savings scheme | 10
(w.e.f 01.06.2016) (20% from 01.04.2015 to 31.05.2016) |
| Section 194F: Payment on account of repurchase of the unit by Mutual Fund or Unit Trust of India | 20 |
| 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) |
| Section 194H: Commission or brokerage | 5
(w.e.f 01.06.2016) (10 % from 01.04.2015 to 31.05.2016) |
| Section 194-I: Rent on a) Plant & Machinery
b) Land or building or furniture or fitting |
(a) 2
(b) 10 |
| 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) |
1
5 (w.e.f from 01.06.2017) (If payment of Rent exceeds Rs. 50,000/- per month. ) |
| Section 194J: Any sum paid by way of a) Fee for professional services b) Fee for technical services c) Royalty d) Remuneration/fee/commission to a director ore) For not carrying out any activity in relation to any business) For not sharing any know-how, patent, copyright etc. | 10 |
| Section 194LA: Payment of compensation on acquisition of certain immovable property | 10 |
| Section 194LBA: Certain income distributed by a business trust to its unit holder | 10 |
| Any Other Income | 10 |
For Persons not Resident in India (NRIs):
| Section 192: Payment of Salary | Normal Slab Rate |
| Section 194B: Income by way of winnings from lotteries, crossword puzzles, card games and other games of any sort | 30 |
| Section 194BB: Income by way of winnings from horse races | 30 |
| Section 194E: Payment to non-resident sportsmen/sports association | 20 |
| Section 194EE: Payment in respect of deposits under National Savings Scheme | 10 |
| Section 194F: Payment on account of repurchase of the unit by Mutual Fund or Unit Trust of India | 20 |
| Section 194G: Commission, etc., on the sale of lottery tickets | 5 |
| Section 194LB: Payment of interest on infrastructure debt fund | 5 |
| Section 194LBA: Certain income distributed by a business trust to its unit holder | 5 |
| Section 194LC: Payment of interest by an Indian Company or 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) | 5 |
| Section 194LD: Payment of interest on the rupee-denominated bond of an Indian Company or Government securities to a Foreign Institutional Investor or a Qualified Foreign Investor | 5 |
| Section 195: Payment of any other sum to a Non-resident | |
| a) Income in respect of investment made by a Non-resident Indian Citizen | 20 |
| b) Income by way of long-term capital gains referred to in Section 115E in case of a Non-resident Indian Citizen | 10 |
| c) Income by way of long-term capital gains referred to in sub-clause (iii) of clause (c) of sub-section (1) of Section 193 | 10 |
| d) Income by way of short-term capital gains referred to in Section 111A | 15 |
| 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] | 20 |
| 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 194LC | 20 |
| 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 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 India | 10 |
| h) Income by way of royalty [not being royalty of the 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 policy | 10 |
| 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 policy | 10 |
| j) Any other income | 30 |
| Section 196B: Income from units (including long-term capital gain on transfer of such units) to an offshore fund | 10 |
| 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) | 10 |
| Section 196D: Income of Foreign Institutional Investors from securities (not being a dividend or capital gain arising from such securities) | 20 |
TDS Rates Applicable for a Domestic Company
| 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 |
| Section 194: Dividend | 10 |
| Section 194A: Income by way of interest other than “Interest on securities” | 10 |
| Section 194B: Income by way of winnings from lotteries, crossword puzzles, card games and other games of any sort | 30 |
| Section 194BB: Income by way of winnings from horse races | 30 |
| Section 194C: Payment to contractor/sub-contractor a) HUF/Individuals b) Others |
1 2 |
| Section 194D: Insurance commission | 10 |
| Section 194DA: Payment in respect of the life insurance policy | 1
( w.e.f 01.06.2016) (2% from 01.04.2015 to 31.05.2016) |
| Section 194EE: Payment in respect of deposit under the National Savings scheme | 10
(w.e.f 01.06.2016) (20% from 01.04.2015 to 31.05.2016) |
| Section 194F: Payment on account of repurchase of the unit by Mutual Fund or Unit Trust of India | 20 |
| Section 194G: Commission, etc., on the sale of lottery tickets | 10
(w.e.f 01.06.2016) (10 % from 01.04.2015 to 31.05.2016) |
| Section 194H: Commission or brokerage | 5
(w.e.f 01.06.2016) (10 % from 01.04.2015 to 31.05.2016) |
| Section 194-I: Rent a) Plant & Machinery b) Land or building or furniture or fitting |
2 10 |
| Section 194-IA: Payment on transfer of certain immovable property other than agricultural land | 1 |
| Section 194J: Any sum paid by way of a) Fee for professional services, b) Fee for technical services c) Royalty, d) Remuneration/fee/commission to a director or e) For not carrying out any activity in relation to any business f) For not sharing any know-how, patent, copyright etc. |
10 |
| Section 194LA: Payment of Compensation on the acquisition of certain immovable property | 10 |
| Section 194LBA: Certain income distributed by a business trust to its unit holder | 10 |
| Any Other Income | 10 |
Chartered Accountant by profession, CA Sanket Agarwal has an experience of above11 years in Cross Border compliance , Import Export , International Taxation & is a passionate content creator.