TDS Rate Chart for Financial Year 2019-2020 | Fy 2019-20 |

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Admin CA , Direct Tax , Income Tax , TDS 11/07/2019 July 11,

2019

TDS Rate Chart along with the threshold limit for the
financial Year 2019-20 / Assessment Year 2020-21 after
considering Amendment in TDS law proposed by Union
Budget 2019.

Relevant Nature of Payment Threshold TDS Rates

Section Limit

192 Salary As per the As per the income tax

income tax slab
slab

192A Premature withdrawal from Employees’ INR 50,000 10%

Provident Fund (EPF)

193 Interest on Securities INR 10,000 10%

Interest on debentures INR 5,000 10%

194 Dividends (other than listed companies) _ 10%

Interest (other than interest on securities) INR 40,000 10%

194A paid by a banking company, co-operative
society or post office.

Interest (other than interest on securities) INR 50,000 10%

paid by a banking company, co-operative
society or post office to senior citizens.

Interest (other than interest on securities) any INR 5,000 10%

other case.

194B Winning from lottery or crossword puzzle INR 10,000 30%

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194BB Winning from horse race INR 10,000 30%

194C Payments to contractors Single 1% in case of

Transaction Individual / HUF
– INR
30,000

Aggregate 2% Any other

amount
during the
Financial
Year – INR
1,00,000

194D Insurance Commission INR 15,000 5% in case of

Individual / HUF 10%
Any other

194DA Payment in respect of the life insurance policy INR 1% (5% with effect
1,00,000 from 1 st September
2019)

194E Payment to non-resident sportsmen / sports _ 20%

associations

194EE Payment in respect of the deposits under NSS INR 2,500 10%
– National Savings Scheme

194F Payment on account of repurchase of the _ 20%

units by Mutual Funds / Unit Trust of India

194G Commission on sale of lottery tickets INR 15,000 5%

194H Commission / brokerage INR 15,000 5%

194-I Rent INR 2% Plant & Machinery

2,40,000
10% in case of Land
or building or
furniture or fitting

194-IA Payment on transfer of immovable property INR 1%

(other than agricultural land) 50,00,000

194-IB Payment of rent by individual or HUF INR 50,000 5%

per month

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194J Fees for professional or technical services INR 30,000 2% in case the payee
is engaged in a
business of the
operation of call
centre only.10% in
any other case.

194LA Payment of compensation on acquisition of INR 10%

certain immovable property 2,50,000

194LB Income by way of interest from the _ 5%

infrastructure debt fund

194LBA Certain income from the units of a business _ 10% – In case of a

trust to its unit holder Resident5% – in case
of a Non-resident
[income referred in
section 10 (23FC) (a)]
30% – in case of a
Non-resident [income
referred in section 10
(23FCA)]

194LBB Income in respect of the units of investment _ 10% – in case of

funds resident30% – in case
of non-resident

194LBC Income in respect of the investment in _ 25% – in case of

securitization trust individual / HUF30% –
in any other case

194LC Interest from the Indian Company paid to _ 5%

non-resident or to a foreign company

194LD Interest on certain types of bonds and _ 5%

Government securities

194M Effective from 1 st September 2019 –Individual INR 5%

or HUF responsible for paying any resident 50,00,000
for carrying out any work in pursuance of a
contract or by way of fees for professional
services during a financial year.

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194N Effective from 1 st September 2019 –Banking INR 1 Crore 2%
company or a co-operative society or post
office paying any sum in cash in excess of INR
1 Crore to any person from an account
maintained by the recipient.

195 Income out of investments made by a Non- _ 20%

resident Indian (NRI)

Income from LTCG (Long Term Capital Gain) _ 10%

referred to under section 193 (1) (c) (iii)

Income from LTCG referred under section _ 10%

115E for the NRI

Any other LTCG [except capital gain referred _ 20%

in section 10 (33), section 10 (36) and section
10 (38)]

Income from STCG (Short Term Capital Gain) _ 15%

under section 111A

Interest income from money borrowed in the _ 20%

foreign currency

Income in the form of royalty payable by _ 10%

Government or an Indian Concern

Any other income in the form of royalty _ 10%

Income in the form of fees for technical _ 10%

services payable by the Government or an
Indian Concern

Any other income _ 30%

TDS Rate Chart for Fy 2019-20 Pdf Download link

:- https://taxupindia.files.wordpress.com/2019/07/tds-rate-
chart-fy-2019-20-taxup.pdf

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