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Tax Rates for Tax Deduction at Source (TDS) during the A.Y. 2019-20

Tax is deductible at source at the Rates given the Table. If PAN of the deductee is not intimated to the deductor, Tax will deducted at source by virtue of Section 206AA either at the Rate given in the Table or at the Rate of 20%, whichever is Higher.

Further, Under Section 94A(5), if payment or credit is made or given to a deductee who is located in a notified jurisdiction area, Tax is Deductible at the Rate given in the Table or at the Rate of 30%, whichever is Higher.

TDS Rates for the Financial Year 2018-19 are as follows : -

Section

Nature of Payment 

Threshold

Indv/HUF

Others

192

Salaries 

Avg

192A

Premature withdrawal from EPF 

50000

10

193

Interest on Securities 

10000

10

10

194

Dividends 

2500

10

10

194A

Interest (Banks) 

10000

10

10

194A

Interest (Others)

5000

10

10

194B

Winning from Lotteries 

10000

30

30

194BB

Winnings from Horse Race

10000

30

30

194C

Contractor – Single Transaction 

30000

1

2

194C

Contractor-During the F.Y. 

1 Lakh

1

2

194C

Transporter (44AE) declaration with PAN

194D

Insurance Commission (15G-15H allowed) 

15000

5

10

194DA

Life insurance Policy 

1 Lakh

1

1

194E

Non-Resident Sportsmen or Sports Association

20

20

194EE 

NSS 

2500

10

10

194F

Repurchase Units by MFs 

20

20

194G

Commission – Lottery 

15000

5

5

194H

Commission / Brokerage 

15000

5

5

194I 

Rent of Land and Building – F&F

1.80 Lakh

10

10

194I

Rent of Plant / Machinery / Equipment 

1.80 Lakh

2

2

194IB

Rent by Individual / HUF (wef 01.06.2017)

50000/PM

5

194IA 

Transfer of certain immovable property other than agriculture land

50 Lakh

1

1

194J 

Professional Fees / Technical Fees / etc.

30000

10

10

194J 

Payment to Call Centre Operator (wef 01.06.2017)

30000

2

2

194LA

Compensation on transfer of certain immovable property other than agricultural land

2.50 Lakh

10

10

194LA 

Immovable Property (TDS exempted under RFCTLARR Act (wef 01.04.2017)

194LB

Income by way of interest from infrastructure debt fund (non- resident)

5

5

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

194LD 

Interest on certain bonds and Govt. Securities (from 01-06-2013)

5

5

Note : TDS Rates without PAN – 20% flat (if TDS rate is lower than 20%)

 
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