TaxTMI 
TaxTMI 
Rate of Tax Deduction at Source (TDS Chart) with Threshold Limit for the Financial Year 2021-22
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.... Securities 10% ₹ 5,000 in case of Interest on securities for money issued by or on behalf of any local authority/statutory corporation, listed debentures of a company(other than demat form), any other interest on securities 193 Interest on other Securities 10% ₹ 10,000 in case of 8% Savings (Taxable) Bonds, 2003 ₹ 10,000 in case of 7.75% Savings (Taxable) Bonds, 2018 during the financial year 194 Dividends 10% ₹ 5,000 -No TDS if payment made to Individual by any mode other than cash & payment is upto ₹ 5,000. -No TDS if dividend is to LIC, GIC or any other insurer provided shares are owned by them, or they have full benefical interest in such shares -No TDS if Dividend is paid/credited by SPV ....
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....mpt U/s 10(10D) -TDS to be deucted at the time of payment. 194E Payment to a non-resident foreign citizen sportsman / entertainer or non -resident sports association 20% Income received by NR Sportsmen (who is not citizen of India) by way of: >Participation in any game or sport in India. >Advertisement >Contribution of article in newspapers, magazines, journaals relating to game or sports in India 2) Income received for performing in India by NR Entertainer (who is not a citizen of India) 194EE Payment for National Saving Scheme, 1987 10% ₹ 2500 194F Payment for repurchase of units 20% - 194G Commission, remuneration or prize on sale of lottery ticket 5% ₹ 15,000 194H Commission or Brokerage (Other....
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....ts of business trust - interest received or receivable from a special purpose vehicle; Resident Non-Resident -Or, dividend referred to in sub-section (7) of section 115-O Resident Non-Resident 10% 5% 10% 10% - 194LBA Distribution of rental income by business trust/REIT to unit holders -Other than Comapany Resident Non-Resident - Company Resident Non-Resident 10% 30% 10% 40% - 194LBB Income in respect of units of investment fund -Other than Company Resident Non-Resident -Company Resident Non-Resident 10% 30% 10% 40% - 194LBC Income in respect of investment in securitization fund -Individual/HUF Resident Non-Resident -Company Resident Non-Resident-Other Person Resid....
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....ices facilitated by it through its digital or electronic facility or platform (Applicable from 01.10.2020) 1% of gross amount of such sales or services or both. If No PAN quoted by deductee than rate of TDS will be 5% 194P TDS in case of specified senior citizen staff pensioners Slab rate -An Individual having age of 75 years or more. -Such person has staff pension income and no other income except interest received or receivable by such person in the same specified bank (SBI) in which he/she is receiving pension income .i.e. such pensioner is not getting any type of income from any other bank. -such person has furnished a declaration in the prescribed form to bank. 194Q Purchase of Goods (w.e.f.01/07/2021, if purchases are ab....
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....alary] 1.2 Non Resident Individual / HUF/AOP/BOI / Artificial Jurisdical Personal * Add Surcharge - 10% if income paid or likely to be paid exceeds ₹ 50 Lakhs but does not exceed 1 Crores * Add Surcharge - 15% if income paid or likely to be paid exceeds ₹ 1 Crores * Add Surcharge - 25% if income paid or likely to be paid exceeds ₹ 2 Crores * Add Surcharge - 37% if income paid or likely to be paid exceeds ₹ 5 Crores Non resident co-operative society / firm Add Surcharge - 12% in case of payment is made or likely to be made to Non Resident other than Foreign Company exceeds ₹ 1 Crore. Non Resident company Add Surcharge - 2% if the recipient is a foreign company and amount exceeds or likely to exc....