TDS rates for FY2016-17: specified withholding rates, threshold limits, surcharge and PAN/Form 15G/15H rules apply. Specified TDS rates and threshold limits for FY2016-17 prescribe withholding percentages by payment type (examples: interest on securities 10%, deemed dividends 10%, contractor payments 1-2%, professional fees 10%, rent 10%/2%), with surcharge and education cess potentially increasing rates for certain non-resident or large payments. Form 15G/15H declarations (with PAN) and Form 13 certificates from the assessing officer allow non-deduction or lower deduction; absent PAN, a higher TDS rate of 20% applies. TDS does not apply to separately shown service tax.