TDS & TCS RATE CHART

Financial Year: 2025-26 / Assessment Year: 2026-27 (Updated on 28.04.2025)

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TDS RATE CHART FY: 2025-26 (AY: 2026-27)
Section	Nature of Payment	Threshold	Indv / HUF	Others
		Rs.	TDS Rate (%)
192	Salaries	–	Slab Rate	Slab Rate
192A	Premature withdrawal from EPF	50000	10	–
193	Interest on Securities	10000	10	10
194	Dividends	10000	10	10
194A	Interest (Banks)	50000	10	10
194A	Interest – Senior Citizen (Banks)	1 Lakh	10	10
194A	Interest (Others)	10000	10	10
194B	Winning from Lotteries	10000	30	30
194BA	Winnings from online games	–	30	30
194BB	Winning from Horse Race	10000	30	30
194C	Contractor – Single Transaction	30000	1	2
194C	Contractor – During the F.Y.	1 Lakh	1	2
194C	Transporter (44AE) declaration with PAN	–	–	–
194D	Insurance Commission (15G – 15H allowed)	20000	2	10
194DA	Payment received – Life insurance Policy	1 Lakh	2	2
194EE	Payment received – National Savings Scheme (NSS)	2500	10	10
194F	Repurchase Units by MFs	–	–	–
194G	Commission – Lottery	20000	2	2
194H	Commission  / Brokerage	20000	2	2
194I(a)	Rent for Plant & Machinery	50,000 per month	2	2
194I(b)	Rent for Land, Building & Furniture	50,000 per month	10	10
194IA	Transfer of certain immovable property other than agricultural land	50 Lakh	1	1
194IB	Rent payment by individual / HUF not covered u/s 194I	50000 per month	2	2
194IC	Payment under specified Joint Development Agreement	–	10	10
194J(a)	Fees – Technical Services, Call Centre, Royalty, Distribution / Exhibition of Cinematographic Films, etc.	50000	2	2
194J(b)	Fees – All other Professional Services	50000	10	10
194K	Payment of dividend by mutual Funds	10000	10	10
194LA	Compensation on transfer of certain immovable property other than agricultural land	5 Lakh	10	10
194LB	Income by way of interest from infrastructure debt fund (non-resident)	–	5	5
194LBA	Certain income from units of a business trust (applicable from 01.10.2014)	–	10	10
194LBB	Income in respect of investment of investment fund	–	10% for Residents, 30% for Non Residents	10% for Residents, 30% for Non Residents
194LBC	Income in respect of investment in securitization trust	–	10% for Residents, 30% for Non Residents, 10% for Individual & HUF	10% for Residents, 30% for Non Residents, 10% for Individual & HUF
194LD	Interest on certain bonds and Govt. Securities (from 01.06.2013)	–	5	5
194M	Payment made for Contracts, Brokerage or Professional Fees by individual & HUF (other than Section 194C, 194H & 194J)	50 Lakh	2	2
194N	Cash withdrawal in excess of 1 crore during the previous year from1 or more account with a bank or co-operative society (wef 01.09.2019)	1 Crore (Rs. 3 Crores if  withdrawl is by Co-operative society)20 Lakh (If ITR not filed for previous 3 years)	2 2 (Rs. 20 Lakh – 1 Crore) 5 (Rs. 1 Crore and above)	2 2 5
194O	TDS on e-commerce participants	5 Lakh	0.1	0.1
194P	TDS in case of Specified Senior Citizen (above 75 years) having Salary & Interest (ITR not required)	–	Slab Rate	NA
194Q	TDS on Purchase of Goods exceeding Rs. 50 Lakhs In (Applicable From 01-July-2021)	In Excess of Rs. 50 lakh	0.1	0.1
194R	Benefits or perquisites of business or profession	20000	10	10
194S	Payment of consideration for transfer of virtual digital asset by persons other than specified persons	10000	1	1
194S	Payment of consideration for transfer of virtual digital asset by specified persons	50000	1	1
194SP	Payment for transfer of virtual digital asset where payment is in kind or in exchange of another virtual digital asset and tax required to be deducted is paid before such payment is released	10000	1	1
194T	Payments by Partnership Firms to Partners	20000	10	10

Note:

1.TDS Rates without PAN/Inoperative PAN – 20% flat (if TDS is lower than 20%)  

2.The above list covers most of the sections applicable for domestic transactions

3.Section – 206AA

Notwithstanding anything contained in any other provisions of the Income Tax Act-1961, any person entitled to receive any sum or income or amount, on which tax is deductible under Chapter XVIIB (hereafter referred to as deductee) shall furnish his Permanent Account Number to the person responsible for deducting such tax (i.e. deductor), failing which tax shall be deducted at the higher of the following rates, namely: –

(i) at the rate specified in the relevant provision of this Act; or

(ii) at the rate or rates in force; or

(iii) at the rate of twenty per cent:

Provided that where the tax is required to be deducted under section 194-O, the provisions of clause (iii) shall apply as if for the words “twenty per cent”, the words “five per cent” had been substituted. Provided further that where the tax is required to be deducted under section 194Q, the provisions of clause (iii) shall apply as if for the words “twenty per cent”, the words “five per cent” had been substituted.

 

TDS RATE CHART (FOREIGN) FY: 2025-26 (AY: 2026-27)
Section	Nature of Payment	Threshold	Indv / HUF	Others
		Rs.	TDS Rate (%)
192A	Payment against EPF Scheme	30000	Slab Rate	Slab Rate
194E	Non-resident Sportsman or Sports Assn	–	10	10
194LB	Interest from infrastr. debt fund payable to non-resident	–	20	20
194LBA	Certain income from units of a business trust	–	5	5
194LBA(a)	Income referred to in section 10(23FC)(a) from units of a business trust	–	5	5
194LBA(b)	Income referred to in section 10(23FC)(b) from units of a business trust	–	5	5
194LBA(c)	Income referred to in section 10(23FCA) from units of a business trust	–	10	10
194LBB	Income on units of Investment Fund	–	30	30
194LBC	Income in respect of investment in securitization trust	–	30	40
194LC*	Interest from specified company payable to non-resident	–	30	40
194LD	Interest on certain bonds and govt securities	–	5	5
194N	Payment of certain amounts in cash	–	5	5
194NF	Payment of certain amounts in cash to non-filers	–	2	2
195	Payment of any other sum to a Non-resident	–	1	1
	a) Income in respect of investment made by a Non-resident Indian Citizen	–	20	20
	b) Income by way of long-term capital gains referred to in Section 115E in case of a Non-resident Indian Citizen	–	12.5	12.5
	c) Income by way of long-term capital gains referred to in sub-clause (iii) of clause (c) of sub-Section (1) of Section 112	–	12.5	12.5
	d) Income by way of long-term capital gains as referred to in Section 112A	–	12.5	12.5
	e) Income by way of short-term capital gains referred to in Section 111A	–	20	20
	f) Any other income by way of long-term capital gains [not being long-term capital gains referred to in clauses 10(33), 10(36) and 112A	–	12.5	12.5
	g) Income by way of interest payable by Government or an Indian concern on moneys borrowed or debt incurred by Government or the Indian concern in foreign currency (not being income by way of interest referred to in Section 194LB or Section 194LC)	–	20	20
	h) Income by way of royalty payable by Government or an Indian concern in pursuance of an agreement made by it with the Government or the Indian concern where such royalty is in consideration for the transfer of all or any rights (including the granting of a license) in respect of copyright in any book on a subject referred to in the first proviso to sub-section (1A) of Section 115A of the Income-tax Act, to the Indian concern, or in respect of any computer software referred to in the second proviso to sub-section (1A) of Section 115A of the Income-tax Act, to a person resident in India	–	20	20
	i) Income by way of royalty [not being royalty of the nature referred to point h) above] payable by Government or an Indian concern in pursuance of an agreement made by it with the Government or the Indian concern and where such agreement is with an Indian concern, the agreement is approved by the Central Government or where it relates to a matter included in the industrial policy, for the time being in force, of the Government of India, the agreement is in accordance with that policy	–	20	20
	j) Income by way of fees for technical services payable by Government or an Indian concern in pursuance of an agreement made by it with the Government or the Indian concern and where such agreement is with an Indian concern, the agreement is approved by the Central Government or where it relates to a matter included in the industrial policy, for the time being in force, of the Government of India, the agreement is in accordance with that policy	–	20	20
	k) Any other income	–	30	30
196A	Foreign Company being unit holder in Mutual Fund	–	20	20
196B	Units held by Off-shore Fund	–	12.5	12.5
196C	Income from Foreign Currency Bonds	–	12.5	12.5
196D	Income of FII on Securities	–	20	20
196DA	Income of specified fund from securities	–	10	10

Note: TDS Rates without PAN – 20% flat (if TDS is lower than 20%)

* TDS would be 4% in case where interest is payable in respect of long-term Bond or Rupee Denominated Bond listed onrecongnised stock exchange located in IFSC. TDS would be 9% where money borrowed from a source outside India by issuinglong-term Bond or Rupee Denominated Bond on or after 01-04-2023, which is listed only on recongnised stock exchangelocated in IFSC.

 

TCS RATE CHART FY: 2025-26 (AY: 2026-27)
Collection Codes under section 206C
Code	Nature of Payment	TCS Rate (%)
A	Alcoholic Liquor for human consumption & Tendu leaves	1
B	Timber obtained under a forest lease or other mode	2
C	Timber obtained under any other mode other than forest lease	2
D	Any other forest produce not being a timber or tendu leaves	2
E	Scrap	1
F	Parking Lot	2
G	Toll Plaza	2
H	Mining and Quarring	2
I	Tendu Leaves	5
J	Minerals	1
K	Bullion & Jewellery	1
L	Goods of the value exceeding Rs. 10 Lakh
	1) Sale of Motor Vehicle	1
	2) Sale of wrist watch	1
	3) Sale of art piece such as antiques, painting, sculpture	1
	4) Sale of collectibles such as coin, stamp	1
	5) Sale of yacht, rowing boat, canoe, helicopter	1
	6) Sale of pair of sunglasses	1
	7) Sale of bag such as handbag, purse	1
	8) Sale of pair of shoes	1
	9) Sale of sportswear and equipment such as golf kit, ski-wear	1
	10) Sale of home theatre system	1
	11) Sale of horse for horse racing in race clubs and horse for polo	1
M	Sale in cash of any goods (other than bullion / jewellary) (Only applicable for F.Y. 2016-17)	1
N	Providing of any service (other than Ch-XVII-B) (Only applicable for F.Y. 2016-17)	1
O	Tour Program Package	5
P	LRS – Educational Loan – Financial Institution (Removed from 01/04/2025)	0
Q	LRS – Other purposes – Liberalized Remittance Scheme (Threshold Limit – 10 Lakh)	5
R	Sale of Goods (Removed from 01/04/2025)	0
T	LRS – Education or Medical Treatment not covered under Code P (Threshold Limit – 10 Lakh)	20

Note:

1.TCS Rates without PAN – Double of TCS rate as above or 5%, whichever is higher

2.The above list covers most of the sections applicable for domestic transactions

3.Section – 206CC

Notwithstanding anything contained in any other provisions of the Income Tax Act-1961, any person paying any sum or amount, on which tax is collectible at source under Chapter XVII-BB (herein referred to as collectee) shall furnish his Permanent Account Number to the person responsible for collecting such tax (herein referred to as collector), failing which tax shall be collected at the higher of the following rates, namely:

(i) at twice the rate specified in the relevant provision of this Act; or

(ii) at the rate of five per cent.

The provisions of this section shall not apply to a non-resident who does not have permanent establishment in India.