2 months ago mycaguruKeymaster
TDS Rate Chart: TDS means “Tax Deducted at Source“. Here we provide TDS Rate Chart for AY 2017-18 OR FY 2016-17. TDS is one of the modes of collection of taxes, by which a certain percentage of amounts is deducted by a person at the time of making / crediting certain specific nature of payment to the other person and deducted amount is remitted to the Government Account.
TDS is ascertained and demanded on the premise of an edge restrain indicated by wage assess division, which is the most extreme level of pay after which TDS will be deducted from your future wage/installments.
TDS is deducted according to the Indian Income Tax Act, 1961. TDS is controlled by the Central Board for Direct Taxes and it is a piece of the Indian Revenue Service Department.
TDS Rate Chart For FY 2016-17 AY 2017-18. Here we give every single past year TDS Rate Chart like – TDS Rates For F.Y 2015-16 And AY 2016-17, TDS Chart for AY 2018-19, Download TDS Rate Chart for AY 2017-18 and so forth… . Here We are giving Latest TDS Rates to AY 2017-18. Look Down Below and check all Latest TDS Rate graph issued by Income charge Department. Download most recent TDS Rate Chart. TDS/TCS Rates Chart for FY 2016-17/AY 2017-18 . Download TAX Deducted at Source Rates Chart in pdf design. All TDS Rates are accessible at one place. As of late we are giving Various due dates to Indian charges.
TDS RATE CHART POPULAR SECTIONS FY 2016-17 AY 2017-18
Section Nature of Transaction Threshold Limit TDS Rates 192 Salaries As per Slab Rate Slab Rates if Not PAN TDS 30% 192A Payment of Accumulated PF to employee Rs. 30000 (Old)/Rs. 50 000 (New) 10% 193 Interest on Securities Rs. 10,000 10% 193 Interest in Debentures Rs 5,000 10% 194 Dividend other than dividends u/s 115-O Rs 2500 10% 194A Interest other than interest on securities Rs 5000 10% 194A Banks (Time Deposits/Recurring Deposit/Deposit in Co-op Banks) Rs. 10,000 10% 194B Winning from lottery or crossword puzzle Rs. 10,000 30% 194BB Winning from Horse Race Rs. 10,000 30% 194C Payment to Contractor (Single Transaction) 30000/- 1% /2% 194C Payment to Contractor (Aggregate amount in Financial Year) 100000/- 1% /2% 194D Insurance Commission 20,000 10% 194DA Payment in respect of Life Insurance Policy 1,00,000 1% 194E Payments to non-resident sportsmen or sports associations N/A 20% 194EE Payments in respect of deposits under National Savings Scheme (New rate applicable from 01.06.2016) 2500 10% 194F 194F–Payments on account of repurchase of units by Mutual Fund or Unit Trust of India N/A 20% 194G Commission, price, etc. on sale of lottery tickets 15000 5% 194H Commission or brokerage 5000 5% 194I Rent – Land and Building – Furniture – Fittings 180000 10% 194IA Transfer of Certain Immovable property other than agriculture land 500000 1% 194J Fees for professional or technical services 30000 10% 194LA Payment of Compensation on acqusition of immoveable property 250000 10% 194LB Income by way of interest from infrastructre debt fund (Non-Resident) N/A 5% 194LBC Income from investment in Securitisation Trust 0 25%/30% 206C(1)(Viii) Motor vehicle value exceeding 10,00,000 0 1% 206C(1D) Sale in cash of any goods (other than bullion and jewellery), or providing of any services (other than payments on which tax is deducted at source under Chapter XVII-B) exceeding two lakh rupees.(Rs.2 Lakh). 0 1%