Nature of Payment

Section

Threshold Limit

(INR)

TDS Rate for Individual/HUF in %

TDS Rate for Others

Salaries

192

Rs. 5,00,000

According to employees’ individual slab rates

–

EPF premature withdrawal

192A

Rs.50,000

10

–

Interest of securities

193

Rs.10,000

10

10

Dividends

194

Rs.5,000

10

10

Interest (Banks)

194A

Rs.40,000

10

10

Senior Citizens

194A

Rs.50,000

10

–

Single contractor payment

194C

Rs.30,000

1

2

Aggregate contractor payment

194C

Rs.1 lakh

1

2

Insurance commission

194D

Rs.15,000

5

10

Life insurance policy

194DA

Rs.1 lakh

1

1

NSS

194EE

Rs.2500

10

10

Repurchase Units by MFs

194F

–

20

20

Commission – Lottery

194G

Rs.15,000

5

5

Commission/Brokerage

194H

Rs.15,000

5

5

Plant/Equipment/Machinery Rent

194l(a)

Rs.2.40 lakh

2

2

Land Building and furniture rent

194l(b)

Rs.2.40 lakh

10

10

Transfer of certain immovable property other than agricultural land

194IA

Rs.50 lakh

1

1

Rent by Individual / HUF

194IB

Rs.50,000/pm

5

–

Payment under specified agreement applicable for F.Y: 2017-18 onwards

194IC

–

10

10

Fees-tech services, call centre, royalty for sale etc.

194J (a)

Rs.30,000

2

2

Fee for professional service or royalty etc.

194J (b)

Rs.30,000

10

10

Payment of dividends by mutual funds

194K

Rs.5,000

10

10

Compensation on the transfer of certain immovable property other than agricultural land

194LA

Rs.2.50 lakh

10

10

Immovable property (TDS exempted under RFCTLARR Act (w.e.f. 01.04.2017)

194LA

–

–

–

Income on infrastructure debt fund(non-resident)

194LB

–

5

5

Income from a business trust (applicable from 01.10.2014)

194LBA

–

10

10

Income from a business trust to non-resident (applicable from 01.10.2014)

194LBA

–

5

5

Interest on certain bonds and Govt. securities (from 01.06.2013)

194LD

–

5

5

Payment to commission or brokerage by individual & HUF

194M

Rs.50 lakh

5

5

Cash withdrawal exceeding 1 crore during the previous year from 1 or more accounts with a bank or co-operative society (w.e.f. 01.09.2019)

194N

Rs.1 crore

2

2

TDS on e-commerce participants

194O

Rs.5 lakh

1

1

TDS on Purchase of Goods

194Q

Rs.50 lakh

0.10

0.10

TDS on any Benefit or Perquisite arising out of any Business or Profession on Incomes u/s 28(iv)

194R

Rs. 20,000

10

10

TDS on Purchase of Virtual Digital Asset

194S

Rs. 50,000 for specified person and

Rs. 10,000 for non specified person

1

1