TDS and TCS Rates Chart for F.Y. 2014-15

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TDS Rates for F.Y. 2014-15

Nature of Payment

Made To Residents

Threshold(Rs.)

Company / Firm / Co-operative Society / Local Authority

Individual / HUF

If No / Invalid PAN

Section-Description

Rate (%)

Rate (%)

Rate (%)

192-Salaries

NA

Average rates

30

193-Interest on securities

10

10

20

194-Dividends

10

10

20

194A-Interest other than interest on securities-Others

5000

10

10

20

194A-Banks

10000

10

10

20

194B-Winning from Lotteries

10000

30

30

30

194BB-Winnings from Horse Race

5000

30

30

30

194 C-Payment to Contractors  
– Payment to Contractor-Single Transaction

30000

2

1

20

– Payment to Contractor-Aggregate During the F.Y.

75000

2

1

20

– Contract-Transporter who has provided valid PAN

20

194D-Insurance Commission

20000

10

10

20

194DA-Pament of Taxable Life Insurance Policy wef 01.10.2014

100000

2

2

20

194E-Payment to Non-Resident Sportsmen or Sports Association  
– Applicable up to June 30, 2012

10

10

20

– Applicable from July 1, 2012

20

20

20

194EE-Payments out of deposits under NSS

2500

20

20

194F-Repurchase Units by MFs

1000

20

20

20

194G-Commission-Lottery

1000

10

10

20

194H-Commission / Brokerage

5000

10

10

20

194I-Rent-Land and Building

180000

10

10

20

194I-Rent-Plant / Machinery

180000

2

2

20

194J-Professional Fees

30000

10

10

20

194LA-Immovable Property

100000

10

10

20

194LB-Income by way of interest from infrastructure debt fund (non-resident)

5

5

20

194LBA Income paid Under section 115UA we f 01.10.2014  
Resident

10

10

20

Non resident

5

5

20

Sec 194 LC-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

20

195-Other Sums

Average rates

30

196B-Income from units  

10

10

20

196C-Income from foreign currency bonds or GDR (including long-term capital gains on transfer of such bonds) (not being dividend)

10

10

20

196D-Income of FIIs from securities

20

20

20

20

 

TCS Rates for F. Y. 2014-15

Section  Nature of Payment F. Y. 2014-15
Individual / HUF Other
206C Alcoholic Liquor for human consumption (A) 1 1
206C Timber obtained under a forest lease  (B) or other mode (C) 2.5 2.5
206C Any other forest produce not being a timber or tendu leave (D) 2.5 2.5
206C Scrap (E) 1 1
206C Parking Lot (F), toll plaza (G), mining and quarrying (H) 2 2
206C Tendu Leaves (I) 5 5
206C Minerals, being coal or lignite or iron ore (applicable from July 1, 2012) (J) 1 1
206C Bullion if consideration (excluding any coin / article weighting 10 grams or less) exceeds Rs. 2 Lakhs or jewellery if consideration exceeds Rs. 5 Lakhs (and any amount is received in cash) (applicable from July 1, 2012) (K) 1 1

To view the TDS rates of FY: 2013-14, Click here
To view the TDS rates of FY: 2015-16, Click here
To view the TDS rates of FY: 2016-17, Click here

 

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