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TDS Rate Chart For Assessment Year 2024-25
24-08-2024
Nature of PaymentSectionThresholdRate of TDS
Salary Payment192Taxable Income that is liable to taxNormal slab rates or New Tax Regime Slab Rate as opted by the employee(Basic exemption limit for employees)
Premature Withdrawal from EPF192A50,00010%
Interest on Securities1932,50010%
Dividend1945,00010%
Interest other than interest on securities (Bank Deposit/Post Office Deposit/Banking Co-Society Deposit)194A5,00010%
(a) Senior Citizens50,000
(b) Others40,000
Winnings from lotteries, crossword puzzles, card games and other games194B10,00030%
Income earned from winning in horse races194BB10,00030%
Winning from Online Games194BA _30%
Payment of Contractors and sub-contractors194CSingle Transaction: 30,000/ Aggregate of Transactions: 1,00,0001% (individual/HUF)
2% (others)
Insurance Commission194D15,000 5% (Individual)
10% (Companies)
Payment in respect of life insurance policy194DA1,00,0005%
Payment to non-resident sportsmen/sports association194E _20%
Payments in respect of deposits under National Savings Scheme194EE2,50010%
Payments on account of re-purchase of Units by Mutual Funds or UTI194F
_20%
Commission, prize etc., on sale of lottery tickets194G15,0005%
Commission or brokerage194H15,0005%
Rent for plant and machinery194-I(a)2,40,0002%
Rent for immovable property194-I(b)24000010%
Payment for acquisition of immovable property other than agriculture land194-IA50 Lakhs1%
Payment of rent by individual or HUF194-IB50,000 per Month5%
Payment for Joint Development Agreements194-IC _10%
Fee for Professional or Technical Services (FTS), Royalty, etc.194J30,0002% (FTS, certain royalties, call center) 10% (others)
Payment of dividend by Mutual Funds194K _10%
Payment of Compensation on acquisition of immovable property194LA2,50,00010%
Payment of income by Business trust194LBA(1)
_10%
Payment of income by Investment fund194LBB(i) _10%
Income by securitization trust194LBC(1) _25% (Individual/HUF) 30% (Others)
Payment to commission, brokerage etc. by Individual and HUF194M50 Lakhs5%
TDS on e-commerce participants194-O5 Lakhs1%
TDS on Senior Citizen above 75 Years194S
_1%
Purchase of goods (applicable w.e.f 01.07.2021)194Q20,0000.1%
TDS on benefit or perquisite of a business or profession
194R _10%

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