TDS RATES

Financial Year 2012-13

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 as applicable 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
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
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 as applicable - 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. 2008-09 to 2012-13

Section Nature of Payment Cut-off Amount TCS Rates (%)
F. Y. 2008-09 to 2011-12 F. Y. 2012-13
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
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

Content source: TRACES