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TDS Rates (F.Y.

2016-17

A.Y.2017-18)

The following rates applicable for F.Y. 2016-17/A.Y.2017-18 includes all changes
w.e.f. 1-6-2016 along with threshold limit and rates having no PAN.
192A

Premature Withdrawal from Employees Provident Fund

Threshold Limit
Rs. 30,000 (Old)/Rs. 50, 000 (New)e.f. 1-6-2016
TDS Rate (Individual & HUF): N/A
TDS Rate (Others): 10%
TDS Rate if No PAN: 20%
193

Interest on Securities
Threshold Limit
N/A
TDS Rate (Individual & HUF): 10%
TDS Rate (Others): 10%
TDS Rate if No PAN: 20%

194

Dividends other than dividends as referred to in section 115-O


Threshold Limit
Rs. 2500
TDS Rate (Individual & HUF): 10%
TDS Rate (Others): 10%
TDS Rate if No PAN: 20%

194A

Interest other than interest on securities

Threshold Limit
Rs. 5000
TDS Rate (Individual & HUF): 10%
TDS Rate (Others): 10%
TDS Rate if No PAN: 20%
194A

Banks (Time Deposits/Recurring Deposit/Deposit in Co-op Banks)

Threshold Limit
Rs. 10000
TDS Rate (Individual & HUF): 10%
TDS Rate (Others): 10%
TDS Rate if No PAN: 20%
194B

Winning from Lotteries

Threshold Limit
Rs. 10,000/TDS Rate (Individual & HUF): 30%
TDS Rate (Others): 30%
TDS Rate if No PAN: 30%
194BB

Winning from Horse Race

Threshold Limit
Rs. 5000/- (Old) /Rs. 10000/-(New) e.f.1-6-2016
TDS Rate (Individual & HUF): 30%
TDS Rate (Others): 30%
TDS Rate if No PAN: 30%
194C

Payment to Contractor (Single Transaction)

Threshold Limit
Rs. 30,000/TDS Rate (Individual & HUF): 1%
TDS Rate (Others): 2%
TDS Rate if No PAN: 20%

194C

Payment to Contractor (Aggregate amount in Financial Year)


Threshold Limit
75,000/- (Old)/ Rs. 1,00,000/- New Limit w.e.f.1-6-2016
TDS Rate (Individual & HUF): 1%
TDS Rate (Others): 2%
TDS Rate if No PAN: 20%

194C

Payment to Contractor (Transport not covered under 44AE)

Threshold Limit
30,000/Rs. 75000
TDS Rate (Individual & HUF): 1%
TDS Rate (Others): 2%
TDS Rate if No PAN: 20%
194D

Insurance Commission

Threshold Limit
20,000
TDS Rate (Individual & HUF): 10%
TDS Rate (Others): 10%
TDS Rate if No PAN: 20%
194DA

Payment in respect of life insurance policy w.e.f. 1-6-2016)

Threshold Limit
1,00,000
TDS Rate (Individual & HUF): 1% (New) / 2% (Old)
TDS Rate (Others): 1% (New) / 2% (Old)
TDS Rate if No PAN: 20%
194E

Payment to Non-Resident Sportsmen or Sports Association

Threshold Limit
N/A
TDS Rate (Individual & HUF): 20%
TDS Rate (Others): 20%
TDS Rate if No PAN: 20%
194EE

Payment out of deposits under NSS (New rate applicable from 1.6.2016)

Threshold Limit
2500 (w.e.f 1-6-2016)
TDS Rate (Individual & HUF): 10% (New) / 20% (Old)
TDS Rate (Others): 10% (New) / 20% (Old)
TDS Rate if No PAN: 20%
194F Repurchase Units by MFs
Threshold Limit
N/A
TDS Rate (Individual & HUF): 20%
TDS Rate (Others): 20%
TDS Rate if No PAN: 20%
194G Commission

Lottery (New Percentage and Limit applicable from 1-6-2016)

Threshold Limit
15000 (New) / Rs.10000 (Old)
TDS Rate (Individual & HUF): 5% (New) / 10% (Old)
TDS Rate (Others): 5% (New) / 10% (Old)
TDS Rate if No PAN: 20%
194H Commission/Brokerage
Threshold Limit

5000

TDS Rate (Individual & HUF): 5% (New) / 10% (Old)


TDS Rate (Others): 5% (New) / 10% (Old)
TDS Rate if No PAN: 20%
194I

Rent

Land and Building

Furniture

Fittings

Threshold Limit 1,80,000


TDS Rate (Individual & HUF): 10%
TDS Rate (Others): 10%
TDS Rate if No PAN: 20%
194IA

Transfer of Certain Immovable property other than agriculture land

Threshold Limit
5,00,000
TDS Rate (Individual & HUF): 1%
TDS Rate (Others): 1%
TDS Rate if No PAN: 20%
194J

Professional Fees

Threshold Limit
30,000
TDS Rate (Individual & HUF): 10%
TDS Rate (Others): 10%
TDS Rate if No PAN: 20%
194LA

Immovable Property (new limit applicable from 1.6.2016)

Threshold Limit
2,50,000 (New)/Rs.2,00,000 (Old)
TDS Rate (Individual & HUF): 10%
TDS Rate (Others): 10%
TDS Rate if No PAN: 20%
194LB

Income by way of interest from infrastructre debt fund (Non-resident)

Threshold Limit
N/A
TDS Rate (Individual & HUF): 5%
TDS Rate (Others): 5%
TDS Rate if No PAN: 20%
194LBB

Income in respect of investment in Securtisation trust (New Section)

Threshold Limit
N/A
TDS Rate (Individual & HUF): 25%
TDS Rate (Others): 30%
TDS Rate if No PAN: 30%
194LC Income by way of indian compay to a non-resident/foreign company on foreig
n currency approved loan/long-term infrastructure bonds from outside India
Threshold Limit
N/A
TDS Rate (Individual & HUF): 5%
TDS Rate (Others): 5%
TDS Rate if No PAN: 20%
194LD

Interest on certain bonds and govt. securities

Threshold Limit
N/A
TDS Rate (Individual & HUF): 5%
TDS Rate (Others): 5%
TDS Rate if No PAN: 20%

194B

Income from unites


Threshold Limit
N/A
TDS Rate (Individual & HUF): 10%
TDS Rate (Others): 10%
TDS Rate if No PAN: 20%

194C Income from foreign currency bonds or GDR (including long-term capital gains
on transfer of such bonds) (not being dividends)
Threshold Limit
N/A
TDS Rate (Individual & HUF): 10%
TDS Rate (Others): 10%
TDS Rate if No PAN: 20%
194D Income of FIIs from secruities
Threshold Limit
N/A
TDS Rate (Individual & HUF): 20%
TDS Rate (Others): 20%
TDS Rate if No PAN: 20%
TDS is to be deducted on specified payment as prescribed by Income Tax Act by pe
rsons who are liable to deduct TDS. (Deducter/Payer) at prescribed rates by Inco
me Tax Act. So It is the duty of the deductor to deduct TDS as given in Income T
ax Act. Each payment has its own rate of percentage to deduct TDS.
Every deductor need to deduct TDS as prescribed in Income Tax Act (not more than
that and not lower than that). No doubt, there is no penalty to deduct more or
wrongly deduction of TDS. However, deductor will issue TDS certificate (Form 16/
Form 16A) as per actual deduction. The payee should claim the refund as per TDS
certificate whether is wrongly deduction or higher deduction as the case may be.
However, TDS can be adjusted against any other payment made or credited if TDS h
as been wrongly deducted from a payment on which there is no liability to deduct
TDS. However, the penalty for non-deposit of TDS will be imposed by Income Tax
Department.
So TDS rates plays very important part for payer and payee to get easily and tim
ely income tax refund.
Important Notes
Payee should provide his PAN to Payer so that payer can mention in TDS certi
ficate and in TDS returns. It will help indirectly to payee to get refund easily
and fast.
But Now w.e.f 1.4.2010 payee must tell his PAN to the payer or deductor othe
rwise TDS will be deducted @ 20% or the applicable rate, whiever is higher. It i
s the duty of payer to ensure that PAN of payee should be correct by asking PAN
copy.
In transport business s contracts, TDS liability will not arise if payee furni
sh his PAN.
w.e.f. 1-7-2012 TDS exemption limit on compensation on acquisition of immova
ble property is Rs. 2,00,000 as given in table give below earlier it was Rs. 1 L
akh.
Due date of TDS payment is up to 7th day from the closing date of month in w
hich Tax has deducted and 30th April if paid or credit in the month of march oth
erwise Interest of late deposit will be liable @ 1.5% for each month of delay.
See complete information on Time Limit to Deposit TDS & Issue TDS Certificate

Check more detail o

1
Mu?arram
????????
forbidden
A sacred month, so calle
d because battle and all kinds of fighting are forbidden (?aram) during this mon
th. Mu?arram includes Ashura , the tenth day.
2
?afar ????? void
Supposedly named thus because pre-Islamic Arab h
ouses were empty this time of year while their occupants gathered food. Another
account relates that they used to loot the houses of their enemies after defeati
ng them in battle, leaving nothing behind.
3
Rabi al-awwal ????? ??????
the first spring
Also means to gr
aze, because cattle were grazed during this month. Also a very holy month of cel
ebration for many Muslims, as it was the month the Prophet Muhammad was born.[4]
4
Rabi ath-thani
????? ??????
the second spring
5
Jumad al-ul ?????? ?????? the first of parched land
Often co
nsidered the pre-Islamic summer. Jumad may also be related to a verb meaning "to
freeze" and another account relates that water would freeze during this time of
year.
6
Jumad al-akhirah
?????? ????
7
Rajab ????? respect, hono
8
Sha ban
???????
scattered
Marked the time of year when Ara
b tribes dispersed to find water. Sha ban may also be related to a verb meaning "t
o be in between two things". Another account relates that it was called thus bec
ause the month lies between Rajab and Rama?an.
9
Rama?an
???????
bl burn. Supposedly so called because of
high temperatures caused by the excessive heat of wn till sunset and should giv
e charity to the poor and needy.
10
Shawwal
11
Dhu al-Qa dah
12
Dhu al-?ijjah

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1 Airtel Homepages | Proxy list | Hosts
1.1 How to run free internet on any network
1.2 Airtel working proxy 2016
2 Airtel working homepages or hosts 2016
2.1 How to use proxy for run free internet :Airtel Homepages | Proxy list | Hosts

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