Rate of TDS

Sr. No.

Section

Head

Threshold Limit

Individual /HUF

Others

1

192

Income from Salary

• Women: 1.90 lacs
• Senior Citizen: 2.40 lacs
• Others: 1.60 lacs

Average rate of Tax + edu. Cess (no surcharge)

N.A.

2

194A

Interest from a Banking Company

Rs. 10,000/- p.a

10%

10%

3

194A

Interest other than from a Banking Co.

Rs. 5,000/- p.a

10%

10%

4

194C

Payment to Contractors

Rs.20,000/-per contract or Rs. 50,000/- p.a

1% (2%)*

2%

5

194C

Payment to Sub-contractor

Rs.20,000/-per contract or Rs. 50,000/- p.a

1%

2%

(1%)*

6

194C

Payment to Advertising Contractors

Rs.20,000/-per contract or Rs. 50,000/- p.a

1%

2%

(1%)*

7

194I

Rent on Plant / Machinery

Rs. 1,20,000/- p.a

2% (10%)*

2% (10%)*

8

194I

Rent Other then Plant / Machinery

Rs. 1,20,000/- p.a

10% (15%)*

10% (20%)*

9

194J

Fees for Professional / Technical Services

Rs.20,000/-p.a

10%

10%

10

194B

Winning from Lotteries & Puzzles

-

30%

30%

11

194B

Winning from Horse Races

-

30%

30%

12

194E

Non-resident Sportsman or Sports Association

-

10%

10%

13

194G

Commission on Sale of Lottery Tickets

-

10%

10%

14

194H

Commission/Brokerage

Rs. 2,500/- p.a

10%

10%

15

206C

Scrap

-

1%

1%

16

206C

Tendu Leaves

-

5%

5%

17

206C

Timber obtained under a forest lease or other mode

-

2.50%

2.50%

18

206C

Any other forest produce not being a Timber or tendu leave

-

2.50%

2.50%

19

206C

Alcoholic Liquor for Human Consumption

-

1%

1%

20

206C

Paking lot, toll plaza, mining & quarrying

-

2%

2%

1. No surcharge or Cess applicable from 19^th August, 2009 (the date from which Finance Act (2) 2009 is applicable). Only the specified TDS rates to be considered for deduction.
2. * Rates in Brackets are applicable till 30^th September, 2009.
3. Nil rate will be applicable to transporter of goods w.e.f. 1^st October, 2009 if he provides his PAN to the deductor. Otherwise, rate of deduction shall be like any other contractor.
4. TDS @ 20% where PAN not furnished, applicable from next financial year i.e. F.Y. 2010-11.