Author CA Aman Rajput, presented the TDS rate chart for FY 2025-26; AY 2026-27 in the table below.
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| TDS Section List | Nature of Payment | Threshold | Individual or HUF | Others |
| 192 | Payment in form of salary | ₹ 2,50,000 | Slab Rates | Slab Rates |
| 192A (Note 1) | Employee Provident Fund withdrawal prematurely/early | ₹ 50,000 | 10% | 10% |
| 193 | Interest earned on securities including listed debentures and other securities | ₹ 10,000 | 10% | 10% |
| 194 | Payment of dividends by domestic Co. | ₹ 10,000 | 10% | 10% |
| 194A | Interest on deposits from banks or post offices | ₹ 50,000 ₹ 1,00,000 (senior citizens) | 10% | 10% |
| 194A | Interest income other than securities | ₹ 10,000 | 10% | 10% |
| 194B | Winnings of lotteries, puzzles, or games (Casual income) | 10,000 in a single transaction | 30% | 30% |
| 194BA | Winnings from online Games | – | 30% | 30% |
| 194BB | Winnings from Horse races | 10,000 in a single transaction | 30% | 30% |
| 194C | Payments made to contractors or sub-contractors (one time) | ₹ 30,000 | 1% | 2% |
| 194C | Payments made to contractors or sub-contractors on an aggregate basis | ₹ 1,00,000 | 1% | 2% |
| 194D | Commission paid on insurance sales to domestic companies | ₹ 20,000 | Not Applicable | 10% |
| 194D | Commission paid on insurance sales to non-domestic companies | ₹ 20,000 | 5% | Not Applicable |
| 194DA | Maturity of life insurance policy | ₹ 1,00,000 | 2% | 2% |
| 194EE | Payment received from the National Savings Scheme by individuals | ₹ 2,500 | 10% | 10% |
| 194G | Payments or commission made from the sale of lottery tickets | ₹ 20,000 | 2% | 2% |
| 194H | Commission or brokerage fees | ₹ 20,000 | 2% | 2% |
| 194I | Rent paid for land, building, or furniture | ₹ 50,000 per month i.e. 6,00,000 in a financial year | 10% | 10% |
| 194I | Rent paid for plant and machinery | ₹ 50,000 per month i.e. 6,00,000 in a financial year | 2% | 2% |
| 194IA | Payment for the transfer of immovable property excluding agricultural land | ₹ 50,00,000 | 1% | 1% |
| 194IB | Rent payment made by an individual or HUF not covered under section 194I | ₹ 50,000 (per month) | 2% | Not Applicable |
| 194IC | Payments made under a Joint Development Agreement to I / HUF | No Limit | 10% | 10% |
| 194J | Fees paid for professional and technical services | ₹ 50,000 | 10% | 10% |
| 194J | Royalty paid for the sale, distribution, or exhibition of cinematographic films | ₹ 50,000 | 2% | 2% |
| 194K | Income received from units of a mutual fund, such as dividends | ₹ 10,000 | 10% | 10% |
| 194LA | Compensation for acquiring certain immovable property | ₹ 5,00,000 | 10% | 10% |
| 194LB | Interest on infrastructure bonds to Non-Resident Indians | Not Applicable | 5% | 5% |
| 194LBA(1) | Distribution of certain income by a business trust to its unit holders | Not Applicable | 10% | 10% |
| 194LD | Interest payment on rupee denominated bonds, municipal debt security, and government securities | Not Applicable | 5% | 5% |
| 194M (Note 2) | Payments made for contracts, brokerage, commission, or professional fees excluding sections 194C, 194H, 194J Individual/HUF | ₹ 50,00,000 | 2% | 2% |
| 194N (Note 3) | Cash withdrawal exceeding a specified amount from the bank, with filed ITR | ₹ 1,00,00,000 | 2% | 2% |
| 194N (Note 3) | When ITR is not filed | ₹ 20,00,000 | 2% then 5% after 1cr on slab basis | 2% then 5% after 1cr on slab basis |
| 194O | Amount received for the sale of products/services by ecommerce service providers through digital platforms | ₹ 5,00,000 | 0.1% | 0.1% |
| 194P | Senior citizen above 75 yr of age having salary and interest Income, ITR not required | Not Applicable | Slab rates | Not Applicable |
| 194Q | Payments made for the purchase of goods | ₹ 50,00,000 | 0.10% | 0.10% |
| 194R | Perquisite provided | ₹ 20,000 | 10% | 10% |
| 194S | TDS on the payment of cryptocurrencies or other virtual assets | ₹ 50,000 (specified person) ₹ 10,000 (others) | 1% | 1% |
| 194T | TDS on payments made by firms to their partners in form of interest, remuneration, bonus etc | ₹ 20,000 | Not applicable | 10% |
| 206AA | TDS applicable in case of nonavailability of PAN | Not Applicable | At a higher rate than: -2X the rate specified by the act -20% -The currently applicable rate | At a higher rate than: -2X the rate specified by the act -20% -The currently applicable rate |
Notes:
- As per Section 192A TDS rate on PF withdrawal for employees without PAN reduced to 20% from the maximum marginal rate.
- Some sections apply only if gross receipts from profession exceeds ₹ 50 lac and from business exceeds ₹ 1 crore i.e. specified persons
- As per Section 194N Increased TDS threshold for cash withdrawal by co-operative societies. From April 1st, 2023, TDS will be deducted on cash withdrawals exceeding Rs 3 crore, up from the previous limit of Rs 1 crore.
- Section 196A: Non-residents earning income from mutual funds in India can provide a Tax Residency Certificate starting April 1st, 2023, to avail the TDS benefit as per the rate specified in the tax treaty, instead of the standard 20% rate.
- There is no TDS rate defined in section 195
Contact me at 8209604735 or aman.rajput@mail.ca.in for more information
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