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 PaymentF. Y. 2014-15
Individual / HUFOther
206CAlcoholic Liquor for human consumption (A)11
206CTimber obtained under a forest lease  (B) or other mode (C)2.52.5
206CAny other forest produce not being a timber or tendu leave (D)2.52.5
206CScrap (E)11
206CParking Lot (F), toll plaza (G), mining and quarrying (H)22
206CTendu Leaves (I)55
206CMinerals, being coal or lignite or iron ore (applicable from July 1, 2012) (J)11
206CBullion 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)11

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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