Find table below for the TDS (Tax Deduction at source) rates and threshold limits for financial year 2017-18 or assessment year 2018-19. In this table there is complete list of the payments on which TDS has to be deducted, threshold limit, assessee type (tax payer) and rate of TDS.

Also note; Threshold limit mentioned in the table below is the limit upto which no TDS will be deducted.

Section of ActThreshold (Rs)Nature of Payment in briefRate % 
Individual/HUFOthersIf No/Invalid PAN
192NASalariesApplicable Rates
192A50000Premature withdrawal of EPF w.e.f June 1, 2016 (initially it was for Rs. 30,000 w.e.f June 1, 2015)1030
1935000Interest on debentures101020
1942500Deemed dividend (Before making payment to shareholder, other than dividend declared U/s. 115-O)101020
194A10000Interest other than Int. on securities (by Bank)101020
194A5000Interest other than Int. on securities (By others)10102
194B10000Lottery / Cross Word Puzzle303030
194BB10000Winnings from Horse Race w.e.f June 1, 2016303030
194C30000Payment to Contractor for Single Transaction During the F.Y.1220
194C100000Payment to Contractor Aggregate During the F.Y.1220
194D15000Insurance Commission w.e.f June 1, 20165520
194DA100000Payment in respect of life Insurance policy1120
194ENAPayment to Non-Resident Sportsmen or Sports Association202020
194EE2500Payments out of deposits under National Savings Scheme (NSS)10NA20
194F1000Payment on account of Repurchase of units by MFs202020
194G15000Commission on sale of lottery tickets5520
194H15000Commission or Brokerage5520
194I180000Rent (Land & building) furniture & fittings)101020
180000Rent (P & M , Equipment)2220
194IA5000000TDS on transfer of immovable property other than agriculture land1120
194IB50000TDS on personal Rent other than 194I (Threshold is for monthly rent payments)5520
194J30000Professional/Technical charges/ Royalty & Non-compete fees101020
30000Person engaged only in business operation of Call Centre (introduced in budget 2017-18)2220
194J(1)(ba)NAAny remuneration or commission paid to director of the company101020
194LA250000Compensation on acquisition of immovable property101020
194LBNAIncome by way of interest from infrastructure debt fund (non-resident/foreign company)5520
194LBCNAIncome in respect of investment in securitisation trust w.e.f June 1, 2016253030
194LCNAIncome by way of interest by an Indian specified company to a non-resident / foreign company on foreign currency approved loan / long-term infrastructure bonds from outside India5520
194LDNAInterest on certain bonds and govt. Securities5520
196BNAIncome from units (including long-term capital gain on transfer of such units) to an offshore fund101020
196CNAIncome from foreign currency bonds or GDR (including long-term capital gains on transfer of such bonds) (not being dividend)101020
196DNAIncome of FIIs from securities202020
  1. No Education Cess is not deductible/collectible at source in case of resident
  2. Individual/HUF/Firm/ AOP/ BOI/ Domestic Company in respect of payment of income other than salary.
  3. Education Cess at 2% plus secondary & Higher Education Cess at 1% is deductible at source in case of non-residents and foreign company.
  4. Person submitting form 15G/15H to avoid TDS needs to submit PAN else 20% TDS will be applicable.
  5. TDS at higher rate ie., 20% has to be deducted if the deductee does not provide PAN to the deductor.(read detail u/s 206AA)
  6. Surcharge on tax is not deductible/collectible at source in case of resident individual/ HUF /Firm/ AOP / BOI/Domestic Company in respect of payment of income other than salary.
  7. Surcharge on TDS on salary is applicable if taxable salary is more than one crore at 15 % & at 10% if salary between Rs. fifty lacs & one crore.
  8. Surcharge on TDS is applicable on payment made to non-resident other than company at 10% if income exceeds Rs. 50 lacs, but not above Rs. 1 Cr. 15% will be applicable for income exceeding Rs. 1Cr.
  9. Surcharge on TDS at 2% for non-resident company if income between Rs. 1 Cr & Rs. 10Crs. 5% will be for income exceeding Rs. 10Crs.
  10. No TDS on service Tax as referred in circular 01/2014 dated January 13, 2014 TDS is not applicable on service tax part if service tax is shown separately.
TDS Rates and Threshold Limit for Financial Year 2017-18

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