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of <h1>TDS Rates for FY 2007-08: Salaries, Interest, Dividends, Lotteries, Contractors, Insurance, Rent, and More Explained.</h1> The rates of Tax Deduction at Source (TDS) for the financial year 2007-08, including applicable surcharges and education cess. It details TDS rates for various payments such as salaries, interest on securities, dividends, lottery winnings, payments to contractors and subcontractors, insurance commissions, and rent. Rates vary based on the type of payment and the recipient's classification, such as individuals, firms, or domestic companies, with distinctions made for income levels above certain thresholds. The document serves as a ready reference for understanding TDS obligations for different financial transactions during that period.
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