TDS stands for Tax Deducted at Source. The following tables list the various TDS rates applicable to resident and non-resident Indians as well as domestic and international companies in India. Any person paying income is responsible to deduct tax at source and needs to deposit this tax within the time stipulated.
| Nature of Payments | Section | Cut Off/Limit | TDS Rate for Individual and HUF | TDS Rate Other than Individual/ HUF | If PAN is not submitted/ Invalid PAN |
| Payment of Salaries by Employers | 192 | Slab rate | Slab rate | Not applicable | 30% |
| Premature payment by PF Organization from EPF A/c (i.e. before 5 Years). | 192A | 50,000 | 10% | Not applicable | 20% |
| Payment of Interest on Securities by company. | 193 | 10,000 | 10% | 10% | 20% |
| Payment of Dividend other than dividend as referred to Section 115O by company (i.e. Dividend on which Dividend Distribution Tax is not paid) | 194 | 2,500 | 10% | 10% | 20% |
| Payment of Interest by bank | 194A | 40000 (Non Sr. Citizen)/ 50000 (Senior Citizen) | 10% | 10% | 20% |
| Payment of Interest by others | 194A | 5,000 | 10% | 10% | 20% |
| Payment of prize from Wining from Lotteries by any person. | 194B | 10,000 | 30% | 30% | 30% |
| Payment of prize from Wining from Horse Race by any person. | 194B | 10,000 | 30% | 30% | 30% |
| Payment to Contractors by any person. | 194C | 30000 (Single bill) or 1 Lakh aggregate bills during the year. | 1% | 2% | 20% |
| Payment to Transporter Covered u/s. 44E and submit declaration in prescribed format. (i.e. owning less than 10 goods carriages) | 194C | – | 0 | 0 | 20% |
| Payment to Transporter not covered u/s. 44E (i.e. owning more than 10 goods carriages) | 194C | 30000 (Single bill ) or 75,000.00 aggregate bills during the year. | 1% | 2% | 20% |
| Payment of Insurance Commission to agents by Insurance Company. | 194D | 15,000 | 5% | 10% | 20% |
| Payment in respect of maturity of Life Insurance Policy by Life Insurance Company. | 194DA | 1 Lakh | 1% | 1% | 20% |
| Payment to NRI sportsman or association by any person or organization | 194E | – | 20% | 20% | 20% |
| Payment out of deposit under National Saving Scheme (NSS) | 194EE | 2,500 | 10% | 10% | 20% |
| Payment with respect to repurchase of units by Mutual Fund Companies. | 194F | – | 20% | 20% | 20% |
| Payment of Lottery Commission | 194G | 15,000 | 5% | 5% | 20% |
| Payment of commission or Brokerage | 194H | 15,000 | 5% | 5% | 20% |
| Payment of rent on land, building, furniture and fittings. | 194I | 240,000 | 10% | 10% | 20% |
| Payment of rent on plant, machinery or equipments. | 194I | 240,000 | 2% | 2% | 20% |
| Payment made on account of transfer of immovable property other than agriculture land. | 194IA | 50 Lakh | 1% | 1% | 20% |
| Rent payable by individual not covered u/s. 194I for land, building, furniture and fittings | 194IB | 50,000.00 PM | 5% | 5% | 20% |
| Payment of Professional Fees other than call centers | 194J | 30,000 | 10% | 10% | 20% |
| Payment of Professional Fees to call centers. | 194J | 30,000 | 2% | 2% | 20% |
| Compensation on transfer of certain immoveable property than Agriculture Land | 194LA | 250,000 | 10% | 10% | 20% |
