TDS Rates for Resident of India(FY 2020-21)
| TDS
Section |
Payment Nature | Threshold Limit Rs. | TDS Rate (%) Form 01/04/2020 to 13/05/2020 | TDS Rate (%) Form 14/05/2020 to 31/03/2021 |
| 192 | Payment of Salaries | – | Income Tax slab rate | Income Tax slab rate |
| 193 | Interest on securities Bonds | 10000 | 10 | 7.5 |
| 194 | Dividends | 5000 | 10 | 7.5 |
| 194A | Interest (Banking co., co-operative society engaged in banking, post office) | 40000 | 10 | 7.5 |
| 194A | Interest (Any other person) | 5000 | 10 | 7.5 |
| 194B | Paymnet of Winning from lotteries | 10000 | 30 | 30 |
| 194BB | Payment of Winning from Horse race | 10000 | 30 | 30 |
| 194C | Payment to Contractor-Single
transaction-Individual/HUF -Others |
30000 |
1 2 |
0.75 1.5 |
| 194C | Payment to Contractor – Consolidated Payment During the F.Y.
– Individual/HUF – Others |
100000 |
1 2 |
0.75 1.5 |
| 194D | Insurance commission Payment
– Other than Company – Company |
15000 |
5 10 |
3.75 10 |
| 194G | Payment of Commission-Lottery | 15000 | 5 | 3.75 |
| 194H | Payment of Commission/Brokerage | 15000 | 5 | 3.75 |
| 194I | Rent of – Plant/Machinery /Equipment
– Land and Building/Furniture & Fixture |
240000 | 2
10 |
1.5
7.5 |
| 194IA | Transfer of certain immovable property other than agriculture land | 50 lakh | 1 | 0.75 |
| 194IB | Rent by Individual/HUF | 50000 per month | 5 | 3.75 |
| 194IC | Payment under Joint Development Agreements to Individual/HUF | – | 10 | 7.5 |
| 194J | Professional Fees/ Technical Fees / Payment to call centre operator (w.e.f. 01.06.2017) | 30000 | 10 | 7.5 |
| 194LA | Compensation for transfer of immovable property (other than agriculture land) | 250000 | 10 | 7.5 |
| 194N | Withdrawal of cash
– Amount is more than Rs.20 lakh but less than Rs. 1 crore – Amount more than Rs. 1 crore (Applicable from 01.07.2020) |
N.A.
N.A. |
2
5 |
