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    Hitesh kalra
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    The document outlines various tax rates that apply to different types of income in India according to different sections of the country's tax code: - Section 192 outlines the average salary tax rate. Section 192a applies a 10% rate on interest amounts over 10%. Section 193 applies a 10% rate on interest from securities. - Several other sections apply rates ranging from 1-30% on types of income such as insurance commissions, lottery winnings, rent, dividends, compensation, and more. Section 194Q applies a 0.1% rate on purchases of goods over 50 lakhs.

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    The document outlines various tax rates that apply to different types of income in India according to different sections of the country's tax code: - Section 192 outlines the average salary tax rate. Section 192a applies a 10% rate on interest amounts over 10%. Section 193 applies a 10% rate on interest from securities. - Several other sections apply rates ranging from 1-30% on types of income such as insurance commissions, lottery winnings, rent, dividends, compensation, and more. Section 194Q applies a 0.1% rate on purchases of goods over 50 lakhs.

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    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
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    7 views1 page

    Tds

    Uploaded by

    Hitesh kalra
    The document outlines various tax rates that apply to different types of income in India according to different sections of the country's tax code: - Section 192 outlines the average salary tax rate. Section 192a applies a 10% rate on interest amounts over 10%. Section 193 applies a 10% rate on interest from securities. - Several other sections apply rates ranging from 1-30% on types of income such as insurance commissions, lottery winnings, rent, dividends, compensation, and more. Section 194Q applies a 0.1% rate on purchases of goods over 50 lakhs.

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    © All Rights Reserved
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    of 1

    192 salary average rate

    192a 10%
    193 interest on security 10
    194a interest other than security 10
    194b 194bb winnings 30
    194c work contract 1 ind, 2 other
    194d ins comm, brokerage 5%,10%(if co.)
    194da maturity amt of ulip 5%
    194e NR Sports 20%
    194ee maturity amt of nss 10
    194g commission on sale of lottery ticket 5%
    194h comm other insurance comm 5%
    194i rent of asset 2% p&m, 10% L/B?furn
    194IA acq of immovable prop 1%
    194IB rent of l/b 5%
    194k div on MF 10%
    194J tech & prof service 2% tech, 10% prof
    194LA compensation on acq of L/B 10%
    194M 194c, 194h, 194j ke ind ke lie, if amt >50L, 5%
    194N cash withdraw>100l, 2%
    194o ecom opreator to ecom ecom participants
    194Q purchase of goods>50L , 0.1%

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