TDS Rate Chart as per Budget 2017

Tax Deducted at Source (TDS) Rate for FY 2017-2018 (AY 2018-2019)

Section	Nature of Income	Deduction Rule	Rate of TDS
192	Payment of Salary	Monthly Deduction when estimated yearly salary exceeds Taxable Limit.	Average Deduction (30% for employees without valid PAN)
192A	EPF (from 1.6.15)	Rs. 30,000/- Rs. 50,000/- w.e.f 1.6.2016.	10% (30% without valid PAN)
193	a) Interest on Securities by Govt. b) Debenture issued by Company c) Any Security of Central or State Government d) Interest on any other security.	Rs. 10,000/- Debenture Rs. 5,000/-	10% (20% without valid PAN)
194	Dividend other than referred in Section 115O	When amount Exceeds Rs. 2,500/-	10% (20% without valid PAN)
194A	Interest Other than Interest on Securities	Rs. 5,000/-. Rs. 10,000/- for banks including Cooperative Societies.	10% (20% without valid PAN)
194B / 194BB	Income by way of winnings from lotteries, crossword puzzles, card games and other games of any sort and Income by way of winnings from horse races	Rs. 10,000/- after 1.6.2016	30% (30% No valid PAN)
194C	Payment to Contractors and Sub Contractors	Rs. 30,000/- or total amount of the contract for whole year exceed Rs. 1 lac (from 1.6.2016)	2% for payment to non individual or HUF. 1% for payment to Individuals and HUF. (20% without valid PAN)
194D	Insurance Commission	Rs. 15,000/- (From 1.6.2016)	5% (20% No valid PAN)
194DA	Payment under LIC including bonus	Rs. 1,00,000/-	1% (20% No valid PAN)
194E	Payment to Non-Resident Sports Person or Sports Association	At the time of payment or credit whichever is earlier	20% (20% No valid PAN)
194F	Payment for repurchase of Unit by Mutual Fund or UTI	At the time of payment or credit whichever is earlier	20% (20% No valid PAN)
194G	Commission on sale of Lottery Tickets	Rs. 15,000/- (from 1.6.2016)	5% (20% No Valid PAN)
194H	Commission or Brokerage	Rs. 15,000/- (from 1.6.2016)	5% (20% No Valid PAN)
194I	Rent	Rs. 1,80,000/-	10% for Land, Building or Furniture 2% for Machinery, Plant or Equipment. (20% No Valid PAN)
194IA	Transfer of certain immovable property other than Agricultural Land	Rs. 50,00,000/-	1% (20% No Valid PAN)
194IB	Rent payable by and Individual or HUF not covered under 194I (w.e.f 1.6.2017)	Rs. 50,000/-	5%
194IC	Payment of consideration (not being of in kind) Under Development agreement or other similar agreement)	No Threshold Limit	10% (w.e.f 1.4.2017)
194J	Any sum paid for a) Professional Services b) Technical Services c) Royalty d) Remuneration / fee / commission to a director e) For not carrying out any activity in relation to a business f) For not sharing any know-how, patent, copy right etc	Rs. 30,000/-	10% 2% for Call center w.e.f 1.6.2017. (20% No Valid PAN)
194LA	Payment of Compensation on Acquisition of Capital Assets.	Rs. 2,50,000/- (from 1.6.2016)	10% (20% No Valid PAN)
194LB	Payment of interest on infrastructure debt fund to non-resident or foreign company.	-	5% (20% No Valid PAN)
194LBA	Income from units of a business or trust	-	10% (20% No Valid PAN)
194LBA	Income from units of a business or trust to non resident	At the time of payment or credit whichever is earlier	5% (20% No Valid PAN)
194LBB	Investment fund paying income to a unit holder (except under section 10(23BB).	At the time of payment or credit whichever is earlier	30%
194LBC	Investment in securitization Trust	Resident individual or HUF Other Residents Non Resident Companies Non Resident non companies	25% 30% 40% 30%
194LC	Payment 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)	-	5% for borrowing made before 1st July 2020
194LD	Payment of interest on rupee denominated bond of an Indian Company or Government securities to a Foreign Institutional Investor or a Qualified Foreign Investor	-	5%+ Surcharge and education cess.
195	Other Sums	-	Average rate
196A	Foreign Company Unit Holder of Mutual Fund	-	10% Companies 20% Others
196B	Income from units to an offshore fund	-	10% (20% no Valid PAN)
196C	Income from foreign currency bonds or GDR (including long-term capital gains on transfer of such bonds) (not being dividend)	-	10% (20% no PAN)
196D	Income of FIIs from securities	-	20% (20% no PAN)