TDS rates for FY 2017-2018

TDS rates for FY 2017-18

Section Nature of Payment Threshold (Rs) Rate
192A Salaries As defined by ITD
192A Premature withdrawal from EPF 50,000 10%
193 Interest on Securities 10,000 10%
194 Dividend other than the dividend as referred to in Section 115-O 2500 10%
194A Interest payment by banks, Co-op. Societies or Post Offices 10000 10%
194A Interest payment by others 5000 10%
194B Winnings from Lotteries / Puzzle / Game 10000 30%
194BB Winnings from Horse Race 10000 30%
194C Payment to Contractors/sub-contractors  –
  • Transporter, who has provided a valid PAN
 0%
  • Individual/HUFs
 1%
  • Others
2%
194D Payment of Insurance Commission  15000 5%
194DA Life Insurance Policy  1 Lakh 1%
194EE Payment of NSS Deposits 2500 10%
194F Repurchase of units by Mutual Funds / UTI 20%
194G Commission on Sale of Lottery tickets 15000  5%
194H Commission or Brokerage 15000  5%
194I(a) Rent of Land, Building or Furniture 1.80 Lakh 10%
194I(b) Rent of Plant & Machinery 1.80 Lakh  2%
194IA Consideration for transfer of an immovable property other than agricultural land 50 Lakh  1%
194IB Payment of rent by individual or HUF not liable to tax audit 50000/PM
  • Individual/HUF
5%
  • Others
NA
194IC Consideration (not being in kind) under Joint Development Agreement or other similar agreement 10%
194J Professional / technical services, royalty 30000 10%
194J(1)(ba) Remuneration Paid To Directors 10%
194LA Compensation on acquisition of certain immovable property 2.50 lakh 10%
194LBA Income distribution by a Business Trust u/s 115UA 10%
194LBB Income distribution by an Investment Fund u/s 115UB 10%
194LBC Income distribution by a Securitisation Trust u/s 115TCA
  • Individual/HUF
25%
  • Others
30%
192A Payment of taxable accumulated balance of provident fund (For NRIs) 10%
194B Winnings from Lotteries / Puzzle / Game exceeding the threshold limit in the financial year. (For NRIs) 10,000 30%
194BB Winnings from Horse Race exceeding threshold limit in the financial year. 10,000 30%
194E Payment to non-resident sportsmen/sports association  – 20%
194EE Payment of NSS Deposits exceeding the threshold limit in the financial year 2500 10%
194F Repurchase of units by Mutual Funds / UTI  – 20%
194G Commission on Sale of Lottery tickets exceeding the threshold limit in the financial year 15,000 5%
194LB Interest on infrastructure debt fund  – 5%
194LBA (2) Interest income distribution by a Business Trust  – 5%
194LBA (3) Real Estate income distribution by a Business Trust  – 30%
194LBB Income distribution by an Investment Fund u/s 115UB  – 30%
194LBC Income distribution by a Securitisation Trust u/s 115TCA  – 30%
194LC Interest income from Indian company on money borrowed in foreign currency  – 5%
194LD Income by way of interest on certain rupee-denominated bonds and Government securities  – 5%
196B Income from Units (including long-term capital gain on transfer of such units) to an offshore fund  – 10%
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%
196D Income of Foreign Institutional Investors from securities (not being dividend or capital gain arising from such securities)  – 20%
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 Section 112 (1)(c)(iii)  – 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 (not being interest referred to in Section 194LB or Section 194LC or Section 194LD)  – 20%
g. Income by way of royalty  – 10%
h. Income by way of royalty [not being royalty of nature referred to point g) above  – 10%
i. Income by way of fees for technical services  – 10%
j. Any other income  – 30%

Related: TDS chart FY 2017-2018

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