Nature of Payment and Section
|
Threshold
|
Individual/ HUF TDS Rate
|
Premature withdrawal from EPF, 192A
|
₹50000
|
10% (20% if no PAN card)
|
Salaries,192
|
As per the employee’s IT declaration
|
Average rate
|
Dividends,194
|
₹5000
|
10%
|
Interest on securities,193
|
₹2,500
|
10%
|
Interest from banks,194A
|
₹40000
|
10%
|
Senior citizen,194A
|
₹50000
|
10%
|
Single contractor payment,194C
|
₹30000
|
1%
|
Aggregate contractor payment, 194C
|
₹1 lakh
|
15%
|
Insurance commission (15G and 15H allowed), 194D
|
₹15000
|
5%
|
Life insurance policy, 194DA
|
₹1 lakh
|
1%
|
NSS,194EE
|
₹2500
|
10%
|
Repurchase units by MFs, 194F
|
-
|
20%
|
Commission from lottery,194G
|
₹15000
|
5%
|
Brokerage,194H
|
₹15000
|
5%
|
Rent of plant, machinery or equipment, 194I(a)
|
₹2.40 lakh
|
2%
|
Rent of building, land and furniture, 194I(b)
|
₹2.40 lakh
|
10%
|
Transfer of immovable property besides agricultural land, 194IA
|
₹50 Lakh
|
1%
|
Rent by Individual / HUF (w.e.f. 1st June 2017), 194IB
|
₹50000 per month
|
5%
|
Payment under agreement applicable from FY 2017-18, 194IC
|
-
|
10%
|
Fees-tech services, call centre, etc., 194J (a)
|
₹30000
|
2%
|
Fee for royalty or professional service, 194J (b)
|
₹30000
|
10%
|
Compensation on the transfer of immovable property other than agricultural land, 194LA
|
₹2.50Lakh
|
10%
|
Payment of dividends by mutual funds, 194K
|
₹5000
|
10%
|
Infrastructure debt fund income (TDS rate for NRI), 194LB
|
-
|
5%
|
Interest on specific bonds and Government Securities, 194LD
|
-
|
5%
|
Cash withdrawal in previous year from one or more accounts with a lending institution, 194N
|
₹1 crore
|
2%
|
An individual or HUF payment to commission or brokerage, 194M
|
₹50 Lakh
|
5%
|
Purchase of goods, 194Q
|
₹50 Lakh
|
0.10%
|
TDS on e-commerce, 1940
|
₹5 Lakh
|
1%
|