SPCONS TDS CHART RATES

SPCONS TDS CHART RATES
Section	Nature of Payment	TDS Rate for Individual/ HUF (Indian Resident)	TDS Rate for Non Residents in India
192	Salaries	Average rates as applicable	Average rates as applicable
192A	Payment of accumulated balance due to an employee	10%	10%
193	Interest on Securities	10%	NA
194	Dividends	10%	NA
194A	Interest other than "Interest on securities"	10% Banking Rs. 10,000/- p.a. Others Rs. 5,000/- p.a	NA
194B	Interest by way of winning from lotteries, crossword puzzles, games etc.	30% If Exceeding Rs. 10,000/- p.a	30%
194BB	Income by way of winning from horse race	30%	30%
194C	Payment to contractor/ subcontractor	1%	NA
194D	Insurance Commission	5%	NA
194DA	Payment in respect of life insurance policy	1%	NA
194E	Payment to non- resident sports association	NA	20%
194EE	Payment in respect of deposits under National Savings Scheme	10%	10%
194F	Payment on account of repurchase of unit by Mutual Fund or Unit Trust of India	20%	20%
194G	Commission etc. on sale of lottery	5%	5%
194H	Commission or brokerage	5%	NA
194I	Rent on plant and machinery	2%	NA
194I	Rent on land, building, houses, offices, flats, residential apartments, furniture and fittings	10% in case of payment by companies in excess of Rs. 200,000 per annum	NA
	Plant and machinery	5% - From 1st June 2017, in case of payment by individuals, HUF and businessmen in excess of Rs. 50,000 per month
	Land or building or furniture or fittings
194I A	Payment on transfer of certain immovable property other than agricultural land	1%	NA
194J	Fees for Professional Services & Technical Services	10% Exceding Rs.30,000/- p.a.	NA
194LA	Payment of compensation on acquisition of certain immovable property	10%	NA
194LB	Payment of interest on infrastructure debt fund	NA	5%
194LBA(1)	Business trust shall deduct tax while distributing, any interest received by it from SPV or from renting or leasing out any real estate asset owned by it	10%	NA
194LBA(2)	Business trust shall deduct tax while distributing any interest received by it from SPV to its unit holders	NA	5%
194LBA(3)	Business trust shall deduct tax while distributing any income received by it from renting or leasing out any real estate asset owned directly by it to its unit holders	NA	30%
194LBB	Investment fund paying an income to a unit holder	10%	30%
194LBC	Income in respect of investment made in securitization trust	Individuals- 25%	30%
		HUF- 30%
194LC	Payment of interest by an Indian Company in respect of money borrowed in foreign currency under a loan agreement or by way of issue of long-term bonds	NA	5%
194LD	Payment of interest on rupee denominated bond of an Indian Company or Government securities to a Foreign Institutional Investor or Qualified Foreign Investor including long term infrastructure bonds	NA	5%