| Section | Nature of Income | Rate of TDS | Threshold Limit for deduction tax |
| 193 | Interest on Securities | 7.50% | – |
| 194 | Dividend | 7.50% | Rs. 5,000 in case of Individual |
| 194A | Interest other than interest on Securities | 7.50% | Rs. 5,000 to Rs. 50,000 |
| 194C | Payment to Contractors | 0.75%: If deductee is an individual or HUF 1.50%: In any other case | Single payment : Rs. 30000 Aggregate payment: Rs. 100,000 |
| 194D | Insurance Commission | 7.50%: If deductee is domestic Company 3.75%: In any other case | 15,000 |
| 194G | Commission and other payments on sale of lottery tickets | 3.75% | 15,000 |
| 194H | Commission and Brokerage | 3.75% | 15,000 |
| 194-I | Rent | 7.50%: If rent pertains to hiring of immovable property 1.50%: If rent pertains to hiring of plant and machinery | 2,40,000 |
| 194-IB | Payment of Rent by Certain Individuals or HUF | 3.75% | 50,000 |
| 194J | Royalty and Fees for Professional or Technical Services | 1.50%: If royalty is payable towards sale, distribution or exhibition of cinematographic films 1.50%: If recipient is engaged in business of operation of call Centre 1.50%: If sum is payable towards fees for technical services (other than professional services) 7.50%: In all other cases | Director’s fees: Nil Others: Rs. 30,000 |
| 194M | Payment to contractor, commission agent, broker or professional by certain Individuals or HUF | 3.75% | 50 lakhs |
| 194N | Cash withdrawal | 1.50%: In general if cash withdrawn exceeds Rs. 1 crore 1.50%: If assessee has not furnished return for last 3 assessment years and cash withdrawn exceeds Rs. 20 lakhs but does not exceed Rs. 1 crore 3.75%: If assessee has not furnished return for last 3 assessment years and cash withdrawn exceeds Rs. 1 crore | If a person defaults in filing of return: 20 lakhs If no default is made in filing of return: Rs 1 crore |
Note: It should be noted the rate of TDS shall be at normal rates(old rates) in the following situations:
- Where tax is deductible from salary or provident fund under Section 192 or Section 192A respectively.
- Where tax is deductible from any sum not being in the nature of payment for a contract, professional fees, interest, rent, dividend, commission, or brokerage. Thus, no concession in the rate of TDS from the sum payable in the nature of lottery income, consideration for the purchase of immovable property, etc.
- Where the sum is paid or payable to a non-resident person
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