TDS Rates for FY: 2016-17
(Domestic)
Nature of Payment Made To Residents | Threshold(Rs.) | Company / Firm / Co-operative Society / Local Authority | Individual / HUF | If No / Invalid PAN |
| Section – Description | IT Rate (%) | IT Rate (%) | IT Rate (%) | |
| 192 – Salaries | – | NA | Average rates as applicable | 30 |
| 192A – Payment of accumulated balance due to an employee.(applicable from 01.06.2015) | 30000 | – | 10% (1-April-2016 to 31-May-2016) 10% (1-Jun-2016 to 31-Mar-2017) | 30 |
| 193 – Interest on securities | 10000 | 10 | 10 | 20 |
| 194 – Dividends | 2500 | 10 | 10 | 20 |
| 194A – Interest other than interest on securities – Others | – | 10 | 10 | 20 |
| 194A – Banks | 10000 | 10 | 10 | 20 |
| 194B – Winning from Lotteries | 10000 | 30 | 30 | 30 |
| 194BB – Winnings from Horse Race | 5000 (1-April-2016 to 31-May-2016) 10000 (1-Jun-2016 to 31-Mar-2017) | 30 | 30 | 30 |
| 194 C – Payment to Contractors | – | – | – | – |
| Payment to Contractor | 75000 (1-April-2016 to 31-May-2016) 100000 (1-Jun-2016 to 31-Mar-2017) | 2 | 1 | 20 |
| – Contract – Transporter who has provided valid PAN | – | – | – | 20 |
| 194D – Insurance Commission | 20000 (1-April-2016 to 31-May-2016) 15000 (1-June-2016 to 31-Mar-2017) | 10 | 5 | 20 |
| 194DA Payment in respect of life insurance policy(applicable from 01.10.2014) | 100000 | 2 % (1-April-2016 to 31-May-2016) 1 % (1-June-2016 to 31-Mar-2017) | 2 % (1-April-2016 to 31-May-2016) 1 % (1-June-2016 to 31-Mar-2017) | 20 |
| 194E – Payment to Non-Resident Sportsmen or Sports Association | – | 20 | 20 | 20 |
| 194EE – Payments out of deposits under NSS | 2500 | 20% (1-April-2016 to 31-May-2016) 10% (1-Jun-2016 to 31-Mar-2017) | 20% (1-April-2016 to 31-May-2016) 10% (1-Jun-2016 to 31-Mar-2017) | 20 |
| 194F – Repurchase Units by MFs | 0 | 20 | 20 | 20 |
| 194G – Commission – Lottery | 1000 (1-April-2016 to 31-May-2016) 15000 (1-Jun-2016 to 31-Mar-2017) | 10% (1-April-2016 to 31-May-2016) 5 % (1-Jun-2016 to 31-Mar-2017) | 10% (1-April-2016 to 31-May-2016) 5 % (1-Jun-2016 to 31-Mar-2017) | 20 |
| 194H – Commission / Brokerage | 5000 (1-April-2016 to 31-May-2016) 15000 (1-Jun-2016 to 31-Mar-2017) | 10% (1-April-2016 to 31-May-2016) 5 % (1-Jun-2016 to 31-Mar-2017) | 10% (1-April-2016 to 31-May-2016) 5 % (1-Jun-2016 to 31-Mar-2017) | 20 |
| 194I – Rent – Land and Building / furniture / fittings | 180000 | 10 | 10 | 20 |
| 194I – Rent – Plant / Machinery / equipment | 180000 | 2 | 2 | 20 |
| 194IA -Transfer of certain immovable property other than agriculture land(w.e.f 1-6-2013) | 5000000 | 1 | 1 | 20 |
| 194J – Professional Fees | 30000 | 10 | 10 | 20 |
| 194LA – Immovable Property | 200000 (1-April-2016 to 31-May-2016) 250000 (1-June-2016 to 31-Mar-2017) | 10 | 10 | 20 |
| 194LB – Income by way of interest from infrastructure debt fund (non-resident) | – | 5 | 5 | 20 |
| 194LBA – Certain income from units of a business trust(applicable from 01.10.2014) | – | 10 | 10 | 20 |
| 194LBA – Certain income from units of a business trust to non resident (applicable from 01.10.2014) | – | 5 | 5 | 20 |
| 194LBB – Income in respect of units of investment fund. (applicable from 01.06.2015) | – | 10% For Residents 10% For Non Residents (1-April-2016 to 31-May-2016) 40% For Non Residents (1-Jun-2016 to 31-Mar-2017) | 10% For Residents 10% For Non Residents ( 1-April-2016 to 31-May-2016) 30 % For NonResidents (1-Jun-2016 to 31-Mar-2017) | 20/30/40 |
| Sec 194LBC – Income in respect of investment in securitisation trust. | – | 30% For Residents 40% For Non Residents | 25% For Residents 30% For Non Residents | 25/30/40 |
| 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 |
| 194LD – Interest on certain bonds and govt. Securities(from 01-06-2013) | – | 5 | 5 | 20 |
Click here to view complete list of TDS Rates for FY: 2016-17.
TCS Rates for FY: 2016-17
| Section | Nature of Payment | Cut-off Amount | TCS Rates (%) | |||
| FY:2012-13 to 2015-16 | FY:2016-17 | |||||
| Individual / HUF | Other | Individual / HUF | Other | |||
| 206C | Scrap | – | 1 | 1 | 1 | 1 |
| 206C | Tendu Leaves | – | 5 | 5 | 5 | 5 |
| 206C | Timber obtained under a forest lease or other mode | – | 2.5 | 2.5 | 2.5 | 2.5 |
| 206C | Any other forest produce not being a timber or tendu leave | – | 2.5 | 2.5 | 2.5 | 2.5 |
| 206C | Alcoholic Liquor for human consumption | – | 1 | 1 | 1 | 1 |
| 206C | Parking Lot, toll plaza, mining and quarrying | – | 2 | 2 | 2 | 2 |
| 206C | Minerals, being coal or lignite or iron ore (applicable from July 1, 2012) | – | 1 | 1 | 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) | – | 1 | 1 | 1 | 1 |
| 206C | TCS on sale in cash of any goods (other than bullion/jewellary) | 200000 | – | – | 1 | 1 |
| 206C | TCS on providing of any services (other than Ch-XVII-B) | 200000 | – | – | 1 | 1 |
| 206C | TCS on Motor Vehicle | 1000000 | – | – | 1 | 1 |
Source: TRACES
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