TDS Rate Chart for FY 2019-20 (AY 2020-2021)
Section Nature of Payment for Domestic Transactions Threshold Limit Individual / HUF Others 15G-15H Deduction At the time of Credit or Payment?
(In ₹) TDS Rate (%) Whether Allowed?
192 Payment of salary Normal Slab Rate No Payment
192A Payment of accumulated balance of provident fund which is taxable in the hands of an employee. 50,000 10 Yes Payment
193 Interest on Securities/ Debentures 10,000 10 10 No Credit or Payment (earlier)
194 Dividends (other than listed Companies) 10 10 Yes Payment
194A Interest (Banks)/ For Senior Citizen Rs. 50000 40,000 10 10 Yes Credit or Payment (earlier)
Interest (Others) 5,000 10 10 Yes Credit or Payment (earlier)
194B Winning from Lotteries
(resident & non resident)10,000 30 30 No Payment
194BB Winning from Horse Race
(resident & non resident)10,000 30 30 No Payment
194C Contractor Single Transaction 30,000 1 2 No Credit or Payment (earlier)
Contractor During the F.Y. 1,00,000 1 2 No Credit or Payment (earlier)
Transporter (44AE) declaration with PAN
194D Insurance Commission 15,000 5 10 Yes Credit or Payment (earlier)
194DA Life insurance Policy 1,00,000 1 1 Yes Payment
194E Non-Resident Sportsmen or Sports Association 20 20 No Credit or Payment (earlier)
194EE Payment in respect of deposit under National Savings scheme
(resident & non resident)2,500 10 10 Yes Payment
194F Repurchase Units by MFs (resident & non resident) 0 20 20 No Credit or Payment (earlier)
194G Commission Lottery
(resident & non resident)15,000 5 5 No Credit or Payment (earlier)
194H Commission / Brokerage 15,000 5 5 No Credit or Payment (earlier)
194I Rent of Land and Building F&F 2,40,000 10 10 Yes Credit or Payment (earlier)
Rent of Plant / Machinery / Equipment 2,40,000 2 2 Yes Credit or Payment (earlier)
194IB Rent by Individual / HUF (wef 01.06.2017) 50000/PM 5 No Credit or Payment (earlier)
194IA Transfer of certain immovable property other than agriculture land 50,00,000 1 1 No Credit or Payment (earlier)
194J Professional Fees / Technical Fees /Director fees/ royalty 30,000 10 10 No Credit or Payment (earlier)
Payment to Call Centre Operator 30,000 2 2 No Credit or Payment (earlier)
194LA Compensation on transfer of certain immovable property other than agricultural land.
(Note: With effect from April 1, 2017, no deduction of tax shall be made on any payment which is exempt from levy of income-tax under Right to Fair Compensation Act, 2013)2,50,000 10 10 No Payment
194LB Income by way of interest from from infrastructure debt fund(non- resident) 5 5 No Credit or Payment (earlier)
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 (applicable from July 1, 2012) 5 5 No Credit or Payment (earlier)
194LD Interest on certain bonds and Govt. Securities (from 01-06-2013) (non resident) 0 5 5 No Credit or Payment (earlier)
195 Other sum (payable to non Resident) Credit or Payment (earlier)
a) Income in respect of investment made by a Non-resident Indian Citizen 20 20 No Credit or Payment (earlier)
b) Income by way of long-term capital gains referred to in Section 115E in case of a Non-resident Indian Citizen 10 10 No Credit or Payment (earlier)
c) Income by way of long-term capital gains referred to in sub-clause (iii) of clause (c) of sub-section (1) of Section 193 10 10 No Credit or Payment (earlier)
d) Income by way of short-term capital gains referred to in Section 111A 15 15 No Credit or Payment (earlier)
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 20 No Credit or Payment (earlier)
f) Income by way of interest payable by Government or an Indian concern on money borrowed or debt incurred by Government or the Indian concern in foreign currency (not being income by way of interest referred to in Section 194LB or Section 194LC 20 20 No Credit or Payment (earlier)
Any other income 30 30 No Credit or Payment (earlier)
Source: Income Tax Act, 1961 as amended by Finance Act, 2019.