TDS Rate Chart AY 2024-25 (FY 2023-24)




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TDS Rate Chart AY 2024-25 (FY 2023-24)

 

  

 

TDS Rate Chart AY 2024-25 (FY 2023-24)

 

Section Nature of Payment Threshold Indv / HUF Others
Rs. TDS Rate (%)
192 Salaries As per slab As per slab –
192A Premature withdrawal from EPF 50000 10 –
193 Interest on Securities 10000 10 10
194 Dividends 5000 10 10
194A Interest (Banks) 40000 10 10
194A Interest (Others) 5000 10 10
194A Senior Citizen 50000 10 –
194B Winning from Lotteries 10000 30 30
194BA Winnings from online games – 30 30
194BB Winnings from Horse Race 10000 30 30
194BP Lotteries/crossword puzzles-made in kind/cash not suffice to meet the tax 10000 30 30

 

liability and paid before
194C Contractor – Single Transaction 30000 1 2
194C Contractor – During the F.Y. 1 Lakh 1 2
 

194C

 Transporter (44AE) declaration with PAN  

–

  

–

  

–
 

194D

 Insurance Commission (15G-15H allowed)  

15000

  

5

  

10
194DA Life insurance Policy 1 Lakh 1 1
194EE NSS 2500 10 10
194F Repurchase Units by MFs – 20 20
194G Commission – Lottery 15000 5 5
194H Commission / Brokerage 15000 5 5
194I(a) Rent of Plant / Machinery / Equipment 2.40 Lakh 2 2
194I(b) Rent of Land Building & Furniture 2.40 Lakh 10 10
 

194IA

 Transfer of certain immovable property other than agricultural land  

50 Lakh

  

1

  

1
 

194IC

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

–

  

10

  

10
 

194J (a)

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

30000

  

2

  

2

 

 

194J (b)

 Fee for professional service or royalty etc.  

30000

  

10

  

10
194K Payment of dividend by mutual Funds 5000 10 10
 

194LA

 Compensation on transfer of certain immovable property other than agriculture land  

2.50Lakh

  

10

  

10
 

194LA

 Immovable Property (TDS exempted under RFCTLARR Act (wef 01.04.2017)  

–

  

–

  

–
194LA Immovable Property 2.50Lakh 10 10
 

194LB

 Income by way of interest from infrastructure debt fund(non-resident)  

–

  

5

  

5
 

194LBA

 Certain income from units of a business trust (applicable from 01.10.2014)  

–

  

10

  

10
 

194LBA

 Certain income from units of a business trust to non-resident (applicable from 01.10.2014)  

–

  

5

  

5
 

194LBB

  

Income in respect of investment of investment fund

  

–

  

10% for residents,

30% for non-residents

 10% for residents,

40% for non- residents
 

 

194LBC

  

Income in respect of investment in securitization trust

  

 

–

  

30% for residents,

40% for non-

residents, 25% for individuals & HUF

 30% for residents,

40% for non-

residents, 25% for individuals & HUF
 

194LC

 Income by way of interest by an Indian specified company to a non- resident/foreign company on foreign currency approved loan/long-term

infrastructure bond ‘from outside India

  

–

  

5

  

5

 

(applicable from July 1, 2012)
 

194LD

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

5

  

5
 

194M

 Payment to commission, brokerage etc. by individual & HUF  

50 Lakh

  

5

  

5
 

194N

 Cash withdrawal in excess of 1 crore during the previous year from 1 or more account with a bank or co-operative society (wef 01.09.2019)  

1 Cr

  

2

  

2
 

194NF

 Payment of certain amounts in cash to non-filers  

2000000

  

2

  

2
 

194NF

 Payment of certain amounts in cash to non-filers  

10000000

  

5

  

5
194O TDS on e-commerce participants 5 Lakh 1%(01.10.2020) 1% (01.10.2020)
194P TDS in case of Specified Senior Citizen Not Applicable Rates in Force
 

194Q

 TDS on Purchase of Goods exceeding Rs. 50 Lakhs (Applicable From 01-July- 2021) In Excess of Rs. 50

Lakhs

  

0.1

  

0.1
 

194R

 Benefits or perquisites of business or profession  

20000

  

10

  

10
 

 

194RP

 Benefits or perquisites of business or profession where such benefit is provided in kind or where part in cash is not sufficient to meet tax liability and tax required to be deducted is paid before such benefit is released  

 

20000

  

 

10

  

 

10
194S Payment of consideration for transfer of a virtual digital assets by persons other 10000 1 1

 

than specified persons
 

 

194SP

 Payment for transfer of virtual digital asset where payment is in kind or in exchange of another virtual digital asset and tax required to be deducted is paid before such payment is released  

 

10000

  

 

1

  

 

1
Note: TDS Rates without PAN – 20% flat (if TDS is lower than 20%)

 

 




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