TDS Rate Chart FY: 2021-22 (AY: 2022-23)

 

TDS RATE CHART FY: 2021-22 (AY: 2022-23)
Section Nature of Payment  Threshold Indv/ HUF Others
    Rs. TDS Rate (%)
192 Salaries   Avg 
192A Premature withdrawal from EPF  50000 10
193 Interest on Securities  10000 10 10
194 Dividends  5000 10 10
194A Interest (Banks)  40000 10 10
194A Interest (Others) 5000 10 10
194A Senior Citizen 50000 10
194B Winning from Lotteries  10000 30 30
194BB Winnings from Horse Race 10000 30 30
194C Contractor – Single Transaction  30000 1 2
194C Contractor – During the F.Y.
1 Lakh 1 2
194C Transporter (44AE) declaration with PAN
194D Insurance Commission (15G-15H allowed)  15000 5 10
194DA Life insurance Policy  1 Lakh 1 1
194E Non-Resident Sportsmen or Sports Association 20 20
194EE  NSS  2500 10 10
194F Repurchase Units by MFs  –  20 20
194G Commission – Lottery  15000 5 5
194H Commission / Brokerage  15000 5 5
194I(a) Rent of Plant / Machinery / Equipment  2.40 Lakh 2 2
194I(b) Rent of Land Building & Furniture 2.40 Lakh 10 10
194IA  Transfer of certain immovable property other than agriculture land 50 Lakh 1 1
194IB Rent by Individual / HUF (wef 01.06.2017) 50000/PM  5
194IC Payment under Specified agreement applicable for F.Y: 2017-18 onwards 10 10
194J (a) Fees-tech srvcs, call centre, royalty for sale etc. 30000 2 2
194J (b) Fee for professional service or royalty etc. 30000 10 10
194K Payment of dividend by mutual Funds 5000 10 10
194LA Compensation on transfer of certain immovable property other than agriculture land 2.50Lakh 10 10
194LA Immovable Property (TDS exempted under RFCTLARR Act (wef 01.04.2017) 
194LB Income by way of interest from infrastructure debt fund(non-resident) 5 5
194LBA Certain income from units of a business trust (applicable from 01.10.2014) 10 10
194LBA Certain income from units of a business trust to non-resident (applicable from 01.10.2014) 5 5
194LBB Income in respect of investment of investment fund 10% for residents, 30% for non-residents 10% for residents, 40% for non-residents
194LBC Income in respect of investment in securitization trust 30% for residents, 40% for non-residents, 25% for individual & HUF 30% for residents, 40% for non-residents, 25% for individual & HUF
194LC Income by way of interest by an Indian specified company to a non-resident/foreign company on foreign currency approved loan/long term infrastructure bond ‘from outside India (applicable from July 1, 2012) 5 5
194LD Interest on certain bonds and Govt. Securities (from 01.06.2013) 5 5
194M Payment to commission, brokerage etc. by individual & HUF  50 Lakh 5 5
194N Cash withdrawal in excess of 1 crore during the previous year from 1 or more account with a bank or co-operative society (wef 01.09.2019) 1 Cr 2 2
194Q TDS on e-commerce participants 5 Lakh 1%(01.10.2020) 1% (01.10.2020)

Note: TDS Rates without PAN – 20% flat (if TDS is lower than 20%) 

Note: The above list covers most of the sections applicable for domestic transactions updated on 07.4.2021

TDS RATE CHART (FOREIGN) FY: 2021-22 (AY: 2022-23)

Section

Nature of Payment Threshold Indv / HUF

Others

RS.

Existing TDS Rates (%)

195

Payment to Non-residents 0 0

194E

Non-resident Sportsman or Sports Assn 20 20

196A

Foreign Company being unit holder in Mutual Fund

              –

20

20

196B Units held by Off-shore Fund 5

5

196C

Income from Foreign Currency Bonds 5

5

196D

Income of FII on Securities 20

20

194LB

Interest from infrastr. debt fund payable to non-resident 5 5
194LC Interest from specified company payable to non-resident 5

5

194LD

Interest on certain bonds and govt securities 5 5

194LBA

Certain income from units of a business trust 5 5
194LBB Income on units of Investment Fund 30

40

194LBC

Income in respect of investment in

securitization trust

30

40

194N

Payment of certain amounts in cash 2 2
194LBA(a) Income referred to in section 10(23FC)(a) from units of a business trust 10

10

194LBA(b)

Income referred to in section 10(23FC)(b) from units of a business trust 5 5
194NF Payment of certain amounts in cash to non-filers 1

1

194LBA(c) Income referred to in section 10(23FCA) from units of a business trust 30

30

Note : TDS Rates without PAN 20% flat (if TDS rate is lower than 20%)

Note: The above list covers most of the sections applicable for domestic transactions updated on 07.4.2021

TCS RATE CHART FY: 2021-2022 (AY:2022-2023)

Section

Nature of Payment

TCS Rate %

206CE

Scarp 1

206CI

Tendu Leaves 5

206CB

Timber obtained under a forest lease or other mode 2.5

206CD

Any other forest produce not being a timber or tendu leaves

2.5

206CA Alcoholic Liquor for human consumption & Tendu leaves

1

206CF

Parking Lot 2

206CG

Toll Plaza 2
206CH Mining 7 Quarrying

2

206CJ Minerals

1

206CL

Sale of Motor Vehicle 1

206CK

Bullion & Jewellery

1

206CM Sale in cash of any goods(other than bullion)

1

206CN

Providing of any service (other than Ch-XVII-B) 1

206CQ

LRS-other purposes – Liberalized Remittance Scheme

5% (10% for non-PAN or Aadhar)

206CO Tour Program Package

5% (10% for non-PAN or Aadhar)

206CR

Sale of Goods

0.1% (1% for non-PAN or Aadhar)

206CC

Timber obtained under any other mode other than forest lease 2.5
206CP LRS – Educational Loan – Financial Institution

0.5

Note: TCS Rates without PAN – Double of TCS rate as above or 5% whichever is higher

Note: The above list covers most of the sections applicable for domestic transactions

Click here to download the list of TDS & TCS Rate Chart for FY: 2021-22.

Note :
1. Surcharge is not deductible on payments made to residents, other than salary.
2. In case of non-resident, surcharge would be applicable on TDS.

*Disclaimer – Efforts have been made to provide correct information. However, we do not take liability of any kind in case of any error or miscommunication in the document

6 thoughts on “TDS Rate Chart FY: 2021-22 (AY: 2022-23)

  1. Sujay

    Technical Service like subscription for adobe, Asana, Amazon portal from Overseas vendor regularly will be attracted to TDS?

    Reply

Leave a Reply