Financial Year: 2024-25 / Assessment Year: 2025-26
Updated on 26.09.2024
| Section | Nature of Payment | Threshold (Rs.) | Indv/HUF TDS Rate (%) | Others TDS Rate (%) |
|---|---|---|---|---|
| 192 | Salaries | N/A | Slab Rate | Slab Rate |
| 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 - Senior Citizen (Banks) | 50000 | 10 | |
| 194A | Interest (Others) | 5000 | 10 | 10 |
| 194B | Winning from Lotteries | 10000 | 30 | 30 |
| 194BA | Winnings from online games | 30 | 30 | |
| 194BB | Winning from Horse Race | 10000 | 30 | 30 |
| 194C | Contractor - Single Transaction | 30000 | 1 | 2 |
| 194C | Contractor - During the F.Y. | 1 Lakh | 1 | 2 |
| 194D | Insurance Commission (15G-15H allowed) | 15000 | 5 | 10 |
| 194DA | Payment received - Life insurance Policy (From: 01/10/2024) | 1 Lakh | 2 | 2 |
| 194DA | Payment received - Life insurance Policy (Upto: 30/09/2024) | 1 Lakh | 5 | 5 |
| 194EE | Payment received - National Savings Scheme (NSS) | 2500 | 10 | 10 |
| 194G | Commission - Lottery (From: 01/10/2024) | 15000 | 2 | 2 |
| 194G | Commission - Lottery (Upto: 30/09/2024) | 15000 | 5 | 5 |
| 194H | Commission/Brokerage (From: 01/10/2024) | 15000 | 2 | 2 |
| 194H | Commission/Brokerage (Upto: 30/09/2024) | 15000 | 5 | 5 |
| 194I(a) | Rent for Plant & Machinery | 2.40 Lakh | 2 | 2 |
| 194I(b) | Rent for Land, Building & Furniture | 2.40 Lakh | 10 | 10 |
| 194IA | Transfer of certain immovable property other than agriculture land | 50 Lakh | 1 | 1 |
| 194IB | Rent payment by individual / HUF not covered u/s 194I (From: 01/10/2024) | 50000 P. M. | 2 | 2 |
| 194IB | Rent payment by individual / HUF not covered u/s 194I (Upto: 30/09/2024) | 50000 P. M. | 5 | 5 |
| 194IC | Payment under specified Joint Development Agreement | N/A | 10 | 10 |
| 194J(a) | Fees - Technical Services, Call Centre, etc. | 30000 | 2 | 2 |
| 194J(b) | Fees - All other Professional Services | 30000 | 10 | 10 |
| 194K | Payment of dividend by mutual Funds | 5000 | 10 | 10 |
| 194LA | Compensation on transfer of certain immovable property other than agricultural land | 2.50 Lakh | 10 | 10 |
| 194LB | Income by way of interest from infrastructure debt fund (non-resident) | N/A | 5 | 5 |
| 194LBA | Certain income from units of a business trust | N/A | 10 | 10 |
| 194LBB | Income in respect of investment of investment fund | N/A | 10% for residents, 30% for non-residents | 10% for residents, 40% for non-residents |
| 194LBC | Income in respect of investment in securitization trust | N/A | 30% for residents, 40% for non-residents, 25% for individual & HUF | 30% for residents, 40% for non-residents, 25% for individual & HUF |
| 194LD | Interest on certain bonds and Govt. Securities | N/A | 5 | 5 |
| 194M | Payment made for Contracts, Brokerage or Professional Fees by individual & HUF (From: 01/10/2024) | 50 Lakh | 2 | 2 |
| 194M | Payment made for Contracts, Brokerage or Professional Fees by individual & HUF (Upto: 30/09/2024) | 50 Lakh | 5 | 5 |
| 194N | Cash withdrawal in excess of 1 crore (If ITR filed) | 1 Crore | 2 | 2 |
| 194N | Cash withdrawal (If ITR not filed) | 20 Lakhs | 2 (Rs. 20L - 1Cr), 5 (Rs. 1Cr+) | 2 (Rs. 20L - 1Cr), 5 (Rs. 1Cr+) |
| 194O | TDS on e-commerce participants (From: 01/10/2024) | 5 Lakh | 0.1 | 0.1 |
| 194O | TDS on e-commerce participants (Upto: 30/09/2024) | 5 Lakh | 1 | 1 |
| 194P | TDS in case of Specified Senior Citizen (above 75 years) | N/A | Slab Rate | NA |
| 194Q | TDS on Purchase of Goods exceeding Rs. 50 Lakhs | In Excess of Rs. 50 Lakhs | 0.1 | 0.1 |
| 194R | Benefits or perquisites of business or profession | 20000 | 10 | 10 |
| 194S | Payment of consideration for transfer of virtual digital asset by persons other than specified persons | 10000 | 1 | 1 |
| 194S | Payment of consideration for transfer of virtual digital asset by specified persons | 50000 | 1 | 1 |
| Code | Nature of Payment | TCS Rate (%) |
|---|---|---|
| A | Alcoholic Liquor for human consumption & Tendu leaves | 1 |
| B | Timber obtained under a forest lease or other mode | 2.5 |
| C | Timber obtained under any other mode other than forest lease | 2.5 |
| D | Any other forest produce not being a timber or tendu leaves | 2.5 |
| E | Scrap | 1 |
| F | Parking Lot | 2 |
| G | Toll Plaza | 2 |
| H | Mining and Quarring | 2 |
| I | Tendu Leaves | 5 |
| J | Minerals | 1 |
| K | Bullion & Jewellery | 1 |
| L | Sale of Motor Vehicle | 1 |
| M | Sale in cash of any goods (other than bullion) | 1 |
| N | Providing of any service (other than Ch-XVII-B) | 1 |
| O | Tour Program Package | 5 |
| P | LRS-Educational Loan - Financial Institution | 0.5 |
| Q | LRS - Other purposes - Liberalized Remittance Scheme | 5 |
| R | Sale of Goods | 0.1 |
| T | LRS-Education or Medical Treatment not covered under Code P | 5 |