TDS Rate Chart for Financial Year 2020-21

( Applicable from 14th May 2020 )

Vinay Hegde

Others
Section Nature of Payment Indv / HUF TDS
TDS
Threshold
Rs Existing New Rate
Rate (%) rate (% ) (%)
192 Salaries
– Basis on Slab
192A Premature withdrawal from EPF 50,000 10 –
193 Interest on Securities/Debenture’s 10,000 10 7.5 10
194 Dividends (other t han listed Companies) - 10 7.5 10
194A Interest (Banks)/ For Senior Rs 50000 40,000 10 7.5 10
194A Interest (Others) 5,000 10 7.5 10
194B Winning from Lotteries 10,000 30 30 30
194BB Winning from Horse Race 10,000 30 30 30
194C Contractor – Single Transaction 30,000 1 0.75 1.5
194C Contractor – During the F.Y. 1,00,000 1 0.75 1.5
194C Transporter (44AE) declaration with PAN

194D Insurance Commission (15G – 15H allowed) 15,000 5 3.75 3.75

194DA Life insurance Policy 1,00,000 5 3.75 3.75
194E Non-Resident Sportsmen or Sports
20 20
Association
194EE NSS 2,500 10 7.5 7.5
194F Repurchase Units by MFs 20 15 15
194G Commission – Lottery 15,000 5 3.75 5
194H Commission / Brokerage 15,000 5 3.75 5
194I Rent of Land and Building – F&F 2,40,000 10 7.5 7.5
194I Rent of Plant / Machinery / Equipment 2,40,000 2 1.5 1.5
194IB Rent by Individual / HUF 50000/PM 5 3.75 3.75
194IA Transfer of certain immovable property 0.75
50,00,000 1 0.75
other than agriculture land
194J Professional Fees / Technical Fees etc. 30,000 10 7.5 7.5
194J Payment to FTS, Certain Royalties and Call 1.5
30,000 2 1.5
Centre Operator
194IA Compensation on transfer of certain 7.5
immovable property other than agricultural 2,50,000 10 7.5
land
194LB Income by way of interest from
infrastructure debt fund 5 5 5

194LD Interest on Certain bonds. Securities 5 5 5

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