TDS Rate Chart for FY 2024-25 - TDS is applicable on various payments like contractor payments, salary, commission etc. Check out TDS rate chart for FY 2024-25 & AY 2025-26.
194D Insurance Commission Any Resident Rs. 15,000/- per Financial Year 10% 194DA Amount under LIC Resident Aggregate payment should be less than Rs. 1,00,000/- in the FY 1% 194H Brokerage or Commission Resident Rs. 15,000/- per Financial year 5% 194-I Rent Resident Rs. 1,80,000/...
Payment on account of repurchase of Units by Mutual Fund or UTI (Section 194F) Payment for Commission or brokerage (Section 194H) Payment of rent (Section 194I) Payment of fees for professional or technical services (Section 194J) Commission to Stockiest, distributors, buyers and sellers of ...
194HBrokerage or CommissionResidentRs. 15000 per Financial year5% 194-IRentResidentRs. 180000 per Financial Year- P&M or equipment = 2% - Land, building, furniture or fixtures = 10%. 194-IATransfer of immovable propertyResident TransferorConsideration of Rs 50lakhs.1% ...
Brokerage or Commission Insurance Commission Remuneration paid to the company’s director etc Contractor payments Deemed Dividend Interest on securities Interest apart from interest on securities Transfer of immovable property Payment of rent Compensation on acquiring immovable property ...
interest, commission, brokerage, professional fees, royalty, contract payments, etc. In respect of payments to which the TDS provisions apply, the payer has to deduct tax at source on the payments made by him and he has to deposit the tax deducted by him to the credit of the Government....
TDS Rate (%) 194A Interest (Others) 5000 10% 10% 194C Contractor – Single Transaction 30000 1% 2% 194C Contractor – During the F.Y. 1 Lakh 1% 2% 194H Commission / Brokerage 15000 5% 5% 194I(a) Rent of Plant / Machinery / Equipment ...
Nature of Payments and TDS Rates As mentioned earlier TDS is a certain percentage deducted at the time of payments of various kind such assalary, commission, rent, interest on dividends etc.The various payments for which TDS is deducted,Threshold limit(above which TDS is deducted), therateat ...
charged in advance, rather than on a later date and the recipient get the net amount, i.e. after TDS. Some examples of expenses for which TDS is charged are salary, casual income, interest on securities, payment of rent, payment of fees, payment of commission or brokerage and so on. ...
Payment on account of repurchase of Units by Mutual Fund or UTI (Section 194F) Payment for Commission or brokerage (Section 194H) Payment of rent (Section 194I) Payment of fees for professional or technical services (Section 194J) Commission to Stockiest, distributors, buyers and sellers of ...