A simplified version of TDS rates by Section given below - updated as on 03th Feb 2022
| Section | TDS Rate |
|---|---|
| Section 192: Payment of salary | Normal Slab Rate |
| Section 192A: Payment of accumulated balance of provident fund which is taxable in the hands of an employee (with effect from 01.06.2015). | 10 |
Section 193: Interest on securities
| 10 10 10 10 |
| Section 194: Dividend other than the dividend as referred to in Section 115-O | 10 |
| Section 194A: Income by way of interest other than "Interest on securities" | 10 |
| Section 194B: Income by way of winnings from lotteries, crossword puzzles, card games and other games of any sort | 30 |
| Section 194BB: Income by way of winnings from horse races | 30 |
Section 194C: Payment to contractor/sub-contractor
| 1 2 |
| Section 194D: Insurance commission | 5(10% till Assessment year 2016-17) |
| Section 194DA: Payment in respect of life insurance policy | 5(2% till 31-5-2016) |
| Section 194EE: Payment in respect of deposit under National Savings scheme | 10(20% till 31-5-2016) |
| Section 194F: Payment on account of repurchase of unit by Mutual Fund or Unit Trust of India | 20 |
| Section 194G: Commission, etc., on sale of lottery tickets | 5(10% till 31-5-2016) |
| Section 194H: Commission or brokerage | 5(10% till 31-5-2016) |
Section 194-I: Rent
| 2 10 |
| Section 194-IA: Payment on transfer of certain immovable property other than agricultural land | 1 |
Section 194J: Any sum paid by way of
| No longer used |
Section 194JA: Any sum paid by way of
| 2 |
Section 194JB: Any sum paid by way of
| 10 |
| Section 194K: Income Payable to a resident assessee in respect of units of a specified Mutual Fund or of the Units of the UTI | 10 |
| Section 194LA: Payment of compensation on acquisition of certain immovable property | 10 |
| Section 194LBA(1): Business trust shall deduct tax while distributing, any interest received or receivable by it from a SPV or any income received from renting or leasing or letting out any real estate asset owned directly by it, to its unit holders. | 10 |
| Section 194LBB: Investment fund paying an income to a unit holder [other than income which is exempt under Section 10(23FBB)] | 10 |
| Section 194LBC: Income in respect of investment made in a securitisation trust (specified in Explanation of section115TCA) | 25% in case of Individual or HUF30% in case of other person |
| Section 194M: Payment of commission (not being insurance commission), brokerage, contractual fee, professional fee to a resident person by an Individual or a HUF who are not liable to deduct TDS under section 194C, 194H, or 194J. Tax shall be deducted under Section 194M with effect from 1/09/2019 when aggregate of sum credited or paid during a financial year exceeds Rs. 50 lakh. | 5 |
| Section 194N: Payment of certain amounts in cash | 2%, 5% (if cash withdrawal exceeds 1 Cr during previous year)* |
| Section 194O: TDS on E-commerce transactions | 1% of the gross amount of sale / Services / both 2% of consideration received or receivable by an ecommerce operator from supply of goods or services |
| Section 194P: Payment to Specified Senior Citizen | Tax as per rates in Force |
| Section 194Q: Deduction of tax at source on payment of certain sum for purchase of goods | 0.1% (5% in case where PAN is not quoted) |
| Section 194R: Deduction of tax on benefit of perquisite in respect of business or profession | 10% of value or aggregate value of such benefit |
| Section 194S: TDS on Payment on transfer of virtual digital asset | 1% on consideration for transfer of such virtual digital asset |
Section 195 : Payment of any other sum to a Non-resident
| 20 10 10 10 15 |
| Any Other Income | 10 |
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