•  contact@bandarica.in,       bandariandassociates1@gmail.com
               +91 9652261086, 9849972843, 9182855299


  • 3-6-195/B, Flat No.101, 1st Floor, Gouri Apartment, Urdu Hall Lane, Street No.20, Himayat Nagar, Hyderabad, Telangana - 500029.


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    Rate OF TDS

    TDS / TCS RATES FOR F.Y.2024-25

               
    Section Nature of Payment Threshold Limit of Payment   Rates
          Basic Exemption Limit  
          For Old regime For New regime  
    192 Income from Salary Super Senior Citizen (80 Years or more) Rs. 5,00,000 Rs. 3,00,000 Average rate of Tax + Health & Education Cess (Surcharge if Salary > 50 Lacs)                                                        TDS as per Tax Regime selected by employee. If not selected, TDS deduction as per New Regime.
    Senior Citizen (60 Years or more) Rs. 3,00,000 Rs. 3,00,000
    Others Rs. 2,50,000 Rs. 3,00,000
    192A Premature Withdrawal from EPF  Rs. 50,000   PAN available : 10%
    PAN Not available : 20% 
    193 Interest on Securities (including Listed Debentures) Rs. 5,000
    (Rs. 10,000 on 8% Savings (Taxable) Bonds, 2003) 
      10%
    194 Dividend Rs. 5,000   10%
    194A *Interest (Other than on Securities) by a Banking Company/ Post Office   Senior citizen : Rs. 50,000 p.a.                    Others : Rs. 40,000 p.a.   10%
    194A Interest (Other than on Securities) by others Rs. 5,000 p.a.   10%
    194B Winning from Lotteries & Cross Word Puzzles, Card games and other games on any sort (Other than winning from online Games) Rs. 10,000 p.a.   30%
    194BA Winning From Online Games  No Limit   30%
    194BB Winnings from horse races Rs. 10,000 p.a.   30%
    194C *Payment to contractor/sub-contractor Rs.30,000 Single Transaction (or)   Individual/HUF : 1%
    Others : 2% 
    Rs. 1,00,000 Aggregate of transactions  
    194D Insurance Commision  Rs. 15,000   Other than Company :  5% 
    (Reduced rate of 2% shall be wef 1.4.25 onwards)
    Domestic Company:10%
    194DA Payment under life insurance policy (The tax shall be deducted on the amount of income comprised in insurance pay-out) Rs.1,00,000 p.a.   Upto 30.9.24 : 5% 
    Wef 1.10.24 : 2%
    194EE Payment under National Savings Scheme Rs.2,500   10%  
     194F Payment on account of repurchase of units by Mutual Fund or Unit Trust of IndiaNo Limit  Upto 30.9.24 : 20% 
    Wef 1.10.24 : NA 
    194G Commission on Sale of Lottery Tickets Rs. 15,000   Upto 30.9.24 : 5% 
    Wef 1.10.24 : 2%
    194H *Commission/Brokerage Rs. 15,000 p.a.   Upto 30.9.24 : 5% 
    Wef 1.10.24 : 2%
    194-I(a) *Rent of Plant / Machinery Rs. 2,40,000 p.a.   2%
    194-I(b) *Rent of Land or building or furniture or fitting Rs. 2,40,000 p.a.   10%
    194-IA Payment or transfer of immovable property (other than rural agriculture land) Rs. 50,00,000 & above   1%
    (on the higher of amount of consideration or the stamp duty value)
    194-IB