TDS Rate Chart for FY 2025-26 (AY 2026-27)

What is TDS?

TDS - Tax Deducted at Source

TDS, or Tax Deducted at Source, is a taxation system in which the tax is deducted at the

source of the income at the time of making the payment. The Indian government introduced it to prevent tax evasion. The TDS deducted is then submitted to the government. TDS is applicable on incomes such as rent, interest, salaries, and commission. The company or person that makes the payment after deducting TDS is called a deductor, and the company or person receiving the payment is called the deducted.

TDS on Payment to Partners by Firm under Section 194T

Starting from April 1, 2025, if a firm makes any payments to its partners, it must deduct TDS at 10% if the payment amount exceeds the threshold limit of 20,000. These payments include salary, remuneration, bonus, commission, and interest.

Note: TDS is not applicable to the drawings and the capital repayment to the partners. But TDS applies to the interest on capital or borrowings from partners.

TDS Rate Chart for FY 2025-26 (AY 2026-27)

Section	Nature	Threshold	Individual/HUF	Others
192	Payment in form of salary	₹ 2,50,000	Slab Rates	Slab Rates
192A (Note 1)	Employee Provident Fund withdrawal prematurely/early	₹ 50,000	10%	10%
193	Interest earned on securities including listed debentures and other securities	₹ 10,000	10%	10%
194	Payment of dividends by domestic Co.	₹ 10,000	10%	10%
194A	Interest on deposits from banks or post offices	₹ 50,000₹ 1,00,000(senior citizens)	10%	10%
	Interest income other than securities	₹ 10,000	10%	10%
194B	Winnings of lotteries, puzzles, or games (Casual income)	10,000 in a single transaction	30%	30%
194BA	Winnings from online Games	-	30%	30%
194BB	Winnings from Horse races	10,000 in a single transaction	30%	30%
194C	Payments made to contractors or sub-contractors (one time)	₹ 30,000	1%	2%
	Payments made to contractors or sub-contractors on an aggregate basis	₹ 1,00,000	1%	2%
194D	Commission paid on insurance sales to domestic companies	₹ 20,000	Not Applicable	10%
	Commission paid on insurance sales to non-domestic companies	₹ 20,000	5%	Not Applicable
194DA	Maturity of life insurance policy	₹ 1,00,000	2%	2%
194EE	Payment received from the National Savings Scheme by individuals	₹ 2,500	10%	10%
194G	Payments or commission made from the sale of lottery tickets	₹ 20,000	2%	2%
194H	Commission or brokerage fees	₹ 20,000	2%	2%
194I	Rent paid for land, building, or furniture	₹ 50,000 per month i.e. 6,00,000 in a financial year	10%	10%
	Rent paid for plant and machinery		2%	2%
194IA	Payment for the transfer of immovable property excluding agricultural land	₹ 50,00,000	1%	1%
194IB	Rent payment made by an individual or HUF not covered under section 194I	₹ 50,000 (per month)	2%	Not Applicable
194IC	Payments made under a Joint Development Agreement to I / HUF	No Limit	10%	10%
194J	Fees paid for professional and technical services (doctor/CA etc)	₹ 50,000	10%	10%
	Royalty paid for the sale, distribution, or exhibition of cinematographic films	₹ 50,000	2%	2%
194K	Income received from units of a mutual fund, such as dividends	₹ 10,000	10%	10%
194LA	Compensation for acquiring certain immovable property	₹ 5,00,000	10%	10%
194LB	Interest on infrastructure bonds to Non-Resident Indians	Not Applicable	5%	5%
194LBA(1)	Distribution of certain income by a business trust to its unit holders	Not Applicable	10%	10%
194LD	Interest payment on rupee-denominated bonds, municipal debt security, and government securities	Not Applicable	5%	5%
194M (Note 2)	Payments made for contracts, brokerage, commission, or professional fees excluding sections 194C, 194H, 194J- Individual/HUF	₹ 50,00,000	2%	2%
194N (Note 3)	Cash withdrawal exceeding a specified amount from the bank, with filed ITR	₹ 1,00,00,000	2%	2%
	When ITR is not filed	₹ 20,00,000	2% then 5% after 1cr on slab basis	2% then 5% after 1cr on slab basis
194O	Amount received for the sale of products/services by e-commerce service providers through digital platforms	₹ 5,00,000	0.10%	0.10%
194P	Senior citizen above 75 yr of age having salary and interest Income, ITR not required	Not Applicable	Slab rates	Not Applicable
194Q	Payments made for the purchase of goods	₹ 50,00,000	0.10%	0.10%
194R	Perquisite provided	₹ 20,000	10%	10%
194S	TDS on the payment of cryptocurrencies or other virtual assets	₹ 50,000 (specified person) ₹ 10,000 (others)	1%	1%
194T	TDS on payments made by firms to their partners	₹ 20,000	Not applicable	10%
206AA	TDS applicable in case of non-availability of PAN	Not Applicable	At a higher rate than:-2X the rate specified by the act-20%-The currently applicable rate	At a higher rate than:-2X the rate specified by the act-20%-The currently applicable rate

TDS Rates Applicable on Non-Resident Indian (Other than a Company) for FY 2024-25

Particulars	TDS Rate
Section 192: Payment of salary	Normal Slab Rate
Section 192A: Premature withdrawal from EPF	10%
Section 194B: Income by way of lottery winnings, card games, etc.	30%
Section 194BB: Income by way of horse race winnings	30%
Section 194E: Payment to non-resident sportsman/entertainer	20%
Section 194EE: Payment under National Savings Scheme (NSS)	10%
Section 194F: Payment due to repurchase by UTI or Mutual Fund	20%
Section 194G: Commission on the sale of lottery tickets	5%
Section 194LB: Payment for compensation on acquisition of property	5%
Section 194LBA(2): Payment from SPV to business trust/unitholders	5% / 10%
Section 194LBA(3): Rental income payment by business trust	30%
Section 194LBB: Payment by investment fund to unitholder	30%
Section 194LBC: Income from investment in securitization fund	30%
Section 194LC: Interest payment on foreign currency loan	5% / 4%
Section 194LD: Interest on rupee-denominated bond	5%
Section 195: Payment of any other sum to NRI	10% / 20% / 30%
Section 196B: Income from units of an offshore fund	10%
Section 196C: Income from foreign currency bonds or GDR	10%
Section 196D: Income from Foreign Institutional Investors	20%

TDS Rates Applicable for a Domestic Company for FY 2024-25

Particulars	TDS Rate
Section 192: Payment of salary	Normal Slab Rate
Section 192A: Premature withdrawal from EPF	10%
Section 193: Interest on securities	10%
Section 194: Payment of any dividend	10%
Section 194A: Interest income (excluding securities)	10%
Section 194B: Income by way of lottery winnings, card games, etc.	30%
Section 194BB: Income by way of horse race winnings	30%
Section 194C: Payment to contractor/sub-contractor	1% / 2%
Section 194D: Insurance commission	10%
Section 194DA: Income portion of life insurance payout	5%
Section 194EE: Payment under National Savings Scheme (NSS)	10%
Section 194F: Payment due to repurchase by UTI or Mutual Fund	20%
Section 194G: Commission on the sale of lottery tickets	5%
Section 194H: Commission or brokerage	5%
Section 194-I: Rent on plant/machinery or land/building/furniture	2% / 10%
Section 194-IA: Transfer of immovable property	1%
Section 194-IC: Payment under Joint Development Agreements (JDA)	10%
Section 194J: Payment for professional/technical services, etc.	2% / 10%
Section 194K: Income from units of mutual funds	10%
Section 194LA: Compensation on acquisition of immovable property	10%
Section 194LBA(1): Income distributed by a business trust	10%
Section 194LBB: Income paid by investment fund to unitholder	10%
Section 194LBC: Income from investment in securitization fund	10%
Section 194M: Payments by Individual/HUF exceeding ₹50 Lakhs	5%
Section 194N: Cash withdrawals exceeding ₹1 Crore	2% / 5%
Section 194O: Sale of goods/services via e-commerce platforms	1%
Section 194Q: Purchase of goods exceeding ₹50 Lakhs	0.10%
Any Other Income	10%

TDS Rates Applicable for a company other than Domestic Company for FY 2024-25

Particulars	TDS Rate
Section 194B: Income by way of lottery winnings, card games, etc.	30%
Section 194BB: Income by way of horse race winnings	30%
Section 194E: Payment to non-resident sportsman/entertainer	20%
Section 194G: Commission on the sale of lottery tickets	5%
Section 194LB: Payment for compensation on acquisition of property	5%
Section 194LBA(2): Payment from SPV to business trust/unitholders	5% / 10%
Section 194LBA(3): Rental income payment by business trust	40%
Section 194LBB: Payment by investment fund to unitholder	40%
Section 194LBC: Income from investment in securitization fund	40%
Section 194LC: Interest payment on foreign currency loan	5% / 4%
Section 194LD: Interest on rupee-denominated bond	5%
Section 195: Payment of any other sum, including capital gains	10% / 20% / 40%
Section 196B: Income from units of an offshore fund	10%
Section 196C: Income from foreign currency bonds or GDR	10%
Section 196D: Income from Foreign Institutional Investors	20%