TDS Rate Chart FY 2020-21
TDS Rate Chart for F.Y. 2020-21 (A.Y: 2021-22)
| Section | Nature of payment | Threshold Limit | Applicable from 01/04/2020 to 13/05/2020 | Applicable from 14/05/2020 to 31/03/2021 | ||
| Resident | Non-resident * | Resident | Non-resident * | |||
| Rs. | TDS Rate (%) | TDS Rate (%) | TDS Rate (%) | TDS Rate (%) | ||
| 192 | Salaries | - | Normal slab rate | Normal slab rate | Normal slab rate | Normal slab rate |
| 192A | Premature withdrawal from EPF | 50000 | 10 | 10 | 10 | 10 |
| 193 | Interest on securities - 8% Savings (Taxable) Bonds, 2003 or 7.75% Savings (Taxable) Bonds, 2018 during the financial year | 10000 | 10 | - | 7.5 | - |
| 193 | Interest on securities - Interest on securities for money issued by or on behalf of any local authority/statutory corporation, listed debentures of a company(other than demat form), any other interest on securities | 5000 | 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 | Winning from lotteries | 10000 | 30 | 30 | 30 | 30 |
| 194BB | Winning from Horse race | 10000 | 30 | 30 | 30 | 30 |
| 194C | Contractor-Single
transaction-Individual/HUF -Others |
30000 |
1 2 |
- - |
0.75 1.5 |
- - |
| 194C | Contractor – Consolidated Payment During the F.Y.
- Individual/HUF - Others |
100000 |
1 2 |
- - |
0.75 1.5 |
- - |
| 194D | Insurance commission
- Other than Company - Company |
15000 |
5 10 |
- - |
3.75 10 |
- - |
| 194DA | Maturity of Life insurance policy | 100000 | 5 | - | 3.75 | - |
| 194E | Non-resident sportsmen or sports association | - | - | 20 | - | 20 |
| 194EE | NSS | 2500 | 10 | 10 | 7.5 | 10 |
| 194F | Repurchase units by MFs | - | 20 | 20 | 15 | 20 |
| 194G | Commission-Lottery | 15000 | 5 | 5 | 3.75 | 5 |
| 194H | 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 | 30000 | 10 | - | 7.5 | - |
| 194J | Technical Fees (w.e.f. 01.04.2020) | 30000 | 2 | - | 1.5 | - |
| 194J | Payment to call centre operator (w.e.f. 01.06.2017) | 30000 | 2 | - | 1.5 | - |
| 194J | Director's fees | - | 10 | - | 7.5 | - |
| 194K | Payment of any income in respect of
(a) units of a mutual fund as per section 10(23D); or (b) the units from the administrator; or (c) units from specified company (w.e.f. 01.04.2020) |
5000 | 10 | - | 7.5 | - |
| 194LA | Compensation on transfer of certain immovable property other than agriculture land
(TDS exempted if covered under RFCTLARR Act w.e.f. 01.04.2017) |
250000 | 10 | - | 7.5 | - |
| 194LB | Income by way of interest from infrastructure debt fund | - | - | 5 | - | 5 |
| 194LBA | Income from units of business trust
- interest received or receivable from a special purpose vehicle; or - dividend referred to in sub-section (7) of section 115-O |
- |
10
10 |
5
10 |
7.5
7.5 |
5
10 |
| 194LBA | Distribution of rental income to unit holders
- Other than Comapany - Company |
- |
10 10 |
30 40 |
7.5 7.5 |
30 40 |
| 194LBB | Income in respect of units of investment fund
- Other than Company - Company |
- |
10 10 |
30 40 |
7.5 7.5 |
30 40 |
| 194LBC | Income in respect of investment in securitization fund
- Individual/HUF - Company - Other Person |
- |
25 30 30 |
30 40 30 |
18.75 22.5 22.5 |
30 40 30 |
| 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 bonds from outside India | - | - | 5 | - | 5 |
| 194LC | Income by way of interest by an Indian specified company on rupee denominated bond / any long-term bonds from outside India, which is listed only on a recognized stock exchange located in any International Financial Services Centre | - | - | 4 | - | 4 |
| 194LD | Interest on certain bonds from Govt. securities | - | - | 5 | - | 5 |
| 194M | Certain payments by Individual/HUF | 50 lakh | 5 | - | 3.75 | - |
| 194N | Payment of certain amount in cash | 1 Crore | 2 | 2 | 2 | 2 |
| 194N | Payment of certain amount in cash (first proviso of section 194N)if-
- Amount is more than Rs.20 lakh but up to Rs. 1 crore - Amount exceeds Rs. 1 crore (Applicable from 01.07.2020) |
N.A.
N.A. |
N.A.
N.A. |
2
5 |
2
5 |
|
| 194-O | Applicable for e-commerce operator for the sale of goods or provision of services facilitated by it through its digital or electronic facility or platform (Applicable from 01.10.2020) | - | N.A | - | 0.75 | - |
| 195 | Income of Investment made by an NRI | - | - | 20 | - | 20 |
| 195 | Long-term capital gain
- Under Section - 115E/ 112(1)(c)(iii)/112A - Any Other Gains |
- |
- - |
10 20 |
- - |
10 20 |
| 195 | Short-term capital gain - 111A | - | - | 15 | - | 15 |
| 195 | Royalty | - | - | 10 | - | 10 |
| 195 | Fees for technical services | - | - | 10 | - | 10 |
| 195 | Interest income payable by Govt./Indian concern (other than section 194LB or 194LC) | - | - | 20 | - | 20 |
| 195 | Any Other Income - Other than Company
- Company |
- | -
- |
30
40 |
-
- |
30
40 |
| 196A | Income in respect –
- of units of a Mutual Fund specified under clause (23D) of section 10; or - from the specified company referred to in the Explanation to clause (35) of section 10 |
- | - | 20 | - | 20 |
| 196B | Income from units to an offshore fund | - | - | 10 | - | 10 |
| 196C | Income from foreign currency bonds or GDR of an Indian company | - | - | 10 | - | 10 |
| 196D | Income of foreign Institutional Investors from securities (not being dividend or capital gain) | - | - | 20 | - | 20 |
* TDS rate shall be increased by applicable surcharge and Health & Education Cess.
Note: In case of non-furnishing of PAN/Aadhaar by deductee, TDS will be charged at normal rate or 20% (5% in case of section 194-O), whichever is higher.