TDS Rates – Resident – FY 2017-18 (AY 2018-19)

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Last Updated on August 17, 2019 by Ravi Sankar Robbi

TDS rate chart for AY 2018-19 (Relevant to FY 2017-18)

    For payments made to Resident:

S.no Section Nature of Payment Threshold limit* Rate**
 

1

 

192

 

Payment of Salary

 

Basic exemption limit

Normal slab rate
2 192A Payment of taxable accumulated balance of provident fund  

50,000

 

10%

3 193 Interest on securities 5000 10%
4 194 Dividend other than dividend u/s 115-O 2,500 10%
 

 

 

5

 

 

 

194A

Interest other than interest on securities

(a)   Payer – Banking company, Co-operative society or Post office

 

 

10,000

 

 

 

10%

(b)   Payer – Any other person other than those mentioned in Category (a)  

5,000

 

6

 

194B

Winnings from lotteries or crossword puzzles or card games or other games of any sort  

10,000

 

30%

7 194BB Winnings from horse races 10,000 30%
 

 

 

8

 

 

 

194C

Payment or credit to resident contractor or sub-contractor

(a)   Recipient –  Individual/HUF

 

30,000 (Single payment)

1,00,000 (aggregate payments during the financial year)

 

1%

 

(b)   Recipient –  Any person other than Individual/HUF

 

 

2%

 

9

 

194D

Insurance Commission

(a)   Recipient – Domestic company

 

 

15,000

 

10%

 

(b)   Recipient – Any other person 5%
10 194DA Payment in respect of life insurance policy 1,00,000 1%
11 194EE Payment of deposits under National Savings Scheme, 1987 2,500 10%
12 194F Payment on repurchase of units of Mutual Fund or Units of UTI NA 20%
13 194G Commission on sale of lottery tickets 15,000 5%
14 194H Commission or brokerage 15,000 5%
 

 

 

15

 

 

 

194I

Rent

(a)   Plant & Machinery or Equipment

 

 

 

 

1,80,000

 

2%

 

(b)   Land or building or furniture or fitting

 

 

10%

 

16

 

194IA

Payment in respect of acquisition of immovable property (other than rural agricultural land)  

50,00,000

1%
17 194J Payment for professional fee, technical fee, royalty, non-competency fee or director fee  

30,000

 

10%

 

18

 

194LA

Payment of compensation on acquisition of certain immovable property  

2,50,000

 

10%

 

.* If payment or credit exceeds the threshold limit, TDS is applicable on entire amount, but not on the amount exceeding the threshold limit.

** No Surcharge, EC and SHEC applicable. TDS is at base rate only, for the payments to Residents.

 

 

 

 

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