{"id":1785,"date":"2018-07-04T17:18:49","date_gmt":"2018-07-04T11:48:49","guid":{"rendered":"http:\/\/cacube.in\/?p=1785"},"modified":"2023-01-24T22:19:31","modified_gmt":"2023-01-24T16:49:31","slug":"rates-of-tds-for-fy-2017-18","status":"publish","type":"post","link":"https:\/\/cacube.in\/?p=1785","title":{"rendered":"Rates of TDS for FY 2017-18"},"content":{"rendered":"

Rates for Tax Deducted at Source (TDS) (FY 2017-18 & AY 2018-19)<\/h4>\n

Following given are the rates at which tax is to be deducted at source during financial year 2017-18 (AY 2018-19).<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Section<\/th>\nPayment Type<\/th>\nBasic Rate of TDS (excluding Surcharge, EC & SHEC)<\/th>\nCondition(if any)<\/th>\n<\/tr>\n
\u00a0192<\/td>\n\u00a0Salary<\/td>\n\u00a0At normal slab rate applicable<\/td>\n\u00a0If estimated total income exceeds tax free limit.<\/td>\n<\/tr>\n
\u00a0192A<\/td>\nPayment of accumulated balance of Employees provident Fund (w.e.f 01-06-2015)<\/td>\n\u00a010%<\/td>\n\u00a0If payment exceeds Rs. 50000\/-<\/td>\n<\/tr>\n
\u00a0193<\/td>\n\u00a0Interest on Securities (like debentures whether listed or not<\/td>\n\u00a010%<\/td>\n\u00a0If amount exceeds Rs. 10000\/- (Rs.5000 in case of debentures)<\/td>\n<\/tr>\n
\u00a0194<\/td>\n\u00a0Deemed Dividend u\/s 2(22)(e)<\/td>\n\u00a010%<\/td>\n\u00a0If amount exceeds Rs. 2500\/-<\/td>\n<\/tr>\n
\u00a0194A<\/td>\n\u00a0Interest other than interest on securities.<\/td>\n\u00a010%<\/td>\n\u00a0If amount exceeds Rs. 5000\/-(Rs. 10000\/- in case of interest paid by banks)<\/td>\n<\/tr>\n
\u00a0194B<\/td>\n\u00a0Winning from lotteries, crossword puzzles or card games etc.<\/td>\n\u00a030%<\/td>\n\u00a0\u00a0If winning amount exceeds Rs. 10000\/-<\/td>\n<\/tr>\n
194BB<\/td>\nWinning from Race horses<\/td>\n30%<\/td>\nIf winning amount exceeds Rs. 10000\/-<\/td>\n<\/tr>\n
194C<\/td>\nPayment to Contractor\/sub-contractor<\/td>\nIf payee is individual or HUD: 1%<\/p>\n

other: 2%<\/td>\n

if one payment amount exceeds Rs. 30,000\/- or the total during the whole year exceeds Rs. 1,00,000\/-<\/td>\n<\/tr>\n
194D<\/td>\nInsurance Commission<\/td>\nIf payee is resident other than company: 5%<\/p>\n

Domestic Company: 10%<\/td>\n

If amount exceeds Rs. 15000\/-<\/td>\n<\/tr>\n
194DA<\/td>\nPayment in respect of Life Insurance Policy<\/td>\n\u00a01%<\/td>\n\u00a0If amount exceeds Rs. 100000\/-<\/td>\n<\/tr>\n
\u00a0194E<\/td>\n\u00a0Payment to Non-Resident Sportsmen or Sports Association<\/td>\n\u00a020%<\/td>\n<\/td>\n<\/tr>\n
\u00a0194EE<\/td>\n\u00a0Payment in respect of deposit under National Savings scheme (NSS)<\/td>\n\u00a010%<\/td>\n\u00a0If amount exceeds Rs. 2500\/-<\/td>\n<\/tr>\n
\u00a0194F<\/td>\n\u00a0Payment on account of repurchase of units of MF or UTI<\/td>\n\u00a020%<\/td>\n<\/td>\n<\/tr>\n
\u00a0194G<\/td>\n\u00a0Commission on sale of lottery tickets<\/td>\n\u00a05%<\/td>\n\u00a0If amount exceeds Rs. 15000\/-<\/td>\n<\/tr>\n
\u00a0194H<\/td>\n\u00a0Commission or Brokerage<\/td>\n\u00a05%<\/td>\n\u00a0If amount exceeds Rs. 15000\/-<\/td>\n<\/tr>\n
\u00a0194I<\/td>\n\u00a0Rent<\/td>\n\u00a0Machinery-2%<\/p>\n

land or building or furniture -10%<\/td>\n

\u00a0If amount exceeds Rs. 180000\/-<\/td>\n<\/tr>\n
\u00a0194IA<\/td>\n\u00a0Payment of consideration to a resident transferor for transfer of any immovable property (other than rural agricultural land)<\/td>\n\u00a01%<\/td>\n\u00a0If amount exceeds Rs. 50 Lakhs.<\/td>\n<\/tr>\n
\u00a0194IB<\/td>\n\u00a0Payment of Rent by Individual or HUF not convered in 194I. (not subject to tax audit u\/s 44AB in preceding FY)<\/p>\n

(W.e.f. 01-06-2017)<\/td>\n

\u00a05%<\/td>\n\u00a0If exceeds Threshold limit of Rs. 50,000\/- per month.<\/td>\n<\/tr>\n
194IC<\/td>\nPayment under joint development agreement to resident individual or HUF<\/td>\n10%<\/td>\nDoes not cover payment in kind.<\/td>\n<\/tr>\n
194J<\/td>\nPayment for professional fee, technical fee, royalty, remuneration to director, not carrying any activity in relation to a business or for not sharing any know-how, copyright etc.<\/td>\nIf payee is in only business of call centre – 2%<\/p>\n

Others- 10%<\/td>\n

If exceeds Threshold limit of Rs. 30,000\/-.<\/td>\n<\/tr>\n
194K<\/td>\nIncome in respect of Units<\/td>\nOmitted w.e.f 01-06-2016<\/td>\n<\/td>\n<\/tr>\n
194L<\/td>\nPayment of Compensation on acquisition of Capital Asset<\/td>\nOmitted w.e.f 01-06-2016<\/td>\n<\/td>\n<\/tr>\n
\u00a0194LA<\/td>\nPayment of compensation on acquisition of certain Immovable property.<\/td>\n\u00a010%<\/td>\n\u00a0If exceeds threshold limit of Rs. 250,000\/-.<\/td>\n<\/tr>\n
\u00a0194LB<\/td>\n\u00a0Payment of interest on infrastructure debt fund to non-resident or foreign company<\/td>\n\u00a05%<\/td>\n<\/td>\n<\/tr>\n
\u00a0194LBA(1)<\/td>\n\u00a0Payment of nature referred in 10(23FC)\/(23FCA) by business trust to resident unit holders.<\/td>\n\u00a010%<\/td>\n<\/td>\n<\/tr>\n
\u00a0194LBA(2)<\/td>\n\u00a0Payment of nature referred in 10(23FC) by business trust to non-resident or foreign company.<\/td>\n\u00a05%<\/td>\n<\/td>\n<\/tr>\n
\u00a0194LBA(3)<\/td>\n\u00a0Payment of nature referred in 10(23FCA) by business trust to non-resident or foreign company.<\/td>\n\u00a030%<\/td>\n<\/td>\n<\/tr>\n
\u00a0194LBB<\/td>\n\u00a0Payment in respect of units of investment fund specified in section 115UB.<\/td>\n\u00a010%<\/td>\n<\/td>\n<\/tr>\n
\u00a0194LBC<\/td>\nPayment in respect of an investment in securitisation trust as specified in clause (d) of Explanation after section 115TCA.<\/td>\n\u00a0Resident individual or HUF- 25%<\/p>\n

Other resident- 30%<\/p>\n

Non Residents other than Company- 30%<\/p>\n

Foreign Companies- 40%<\/td>\n

<\/td>\n<\/tr>\n
\u00a0194LC<\/td>\n\u00a0Payment of interest by an Indian Company or a business trust in respect of money borrowed in foreign currency under a loan agreement or by way of issue of long-term bonds (including long-term infrastructure bond)<\/td>\n\u00a05%<\/td>\n<\/td>\n<\/tr>\n
\u00a0194LD<\/td>\n\u00a0Interest on rupee denominated bond of an Indian company or Government security payable to FII or QFI<\/td>\n\u00a05%<\/td>\n<\/td>\n<\/tr>\n
\u00a0195<\/td>\nvarious payment to non-residents.<\/td>\nSee note 5<\/td>\n<\/td>\n<\/tr>\n
196A<\/td>\n\u00a0<\/em>Income in respect of units of mutual funds to non-residents.<\/td>\n\u00a0Company-10%<\/p>\n

other than company- 20%<\/td>\n

\u00a0No deduction is to be made under this section w.e.f. 01-04-2003.<\/td>\n<\/tr>\n
\u00a0196B<\/td>\n\u00a0Payment of Income from units\u00a0 to an offshore fund (including LTCG on transfer of such units)<\/td>\n\u00a010%<\/td>\n<\/td>\n<\/tr>\n
\u00a0196C<\/td>\n\u00a0Income from foreign currency bonds or GDR\u00a0(including LTCG on transfer of such bonds but excluding divident)<\/td>\n\u00a010%<\/td>\n<\/td>\n<\/tr>\n
196D<\/td>\n\u00a0Income of FIIs from securities (not being dividend, STCG or LTCG)<\/td>\n\u00a020%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Note:<\/p>\n

(1) Surcharge on TDS:-<\/strong><\/p>\n