| Section |
Nature of Payment |
Threshold Limit of Payment |
Rates |
| 192 |
Income from Salary |
Rs. 2,50,000 |
Average rate of Tax + Health & Education Cess (Surcharge if Salary > 50 Lacs) |
| 192A |
Premature Withdrawal from EPF (wef 01.06.2015) (*If PAN not furnished Rate of TDS at Maximum Mariginal Rate of 34.608%) |
Rs. 50,000 |
| Non-Resident 10% |
| Foreign Company- NA |
|
| 194B |
Winning from Lotteries or Cross Word Puzzles or card game |
Rs. 10,000 per annum |
30% |
| 194BB |
Winnings from horse races |
Rs. 10,000 per annum |
30% |
| 194E |
Non-resident Sportman/entertainer or Sports Association |
|
20% |
| 194EE |
Out of deposit under NSS |
Rs.2,500 |
| Non-Resident 10% |
| Foreign Company- NA |
|
| 194F |
Payment on account of repurchase of unit by Mutual Fund or Unit Trust of India |
|
| Non-Resident 20% |
| Foreign Company- NA |
|
| 194G |
Commission on Sale of Lottery Tickets |
Rs. 15,000 |
5% |
| 194LB |
Payment of interest on infrastructure debt fund to Non Resident |
|
5% |
| 194LBA (2) |
Payment by Business trust to unit holders of the nature referred to in section 10(23FC)(a) |
|
5% |
| 194LBA (2) |
Payment by Business trust to unit holders of the nature referred to in section 10(23FC)(b) |
|
10% |
| 194LBA (3) |
Payment of nature referred to in section 10(23FCA) by by Business trust to unit holders |
|
| Non-Resident 30% |
| Foreign Company 40% |
|
| 194LBB |
Investment fund paying an income to a unit holder [other than income which is exempt under Section 10(23FBB)] |
|
| Non-Resident 30% |
| Foreign Company 40% |
|
| 194LBC(2) |
Income in respect of investment made in a securitisation trust |
|
| Non Resident 30% |
| Foreign Company 40% |
|
| 194LC |
Income by way of interest by an Indian specified company or business trust to a non-resident/foreign company on foreign currency approved loan / long-term bonds from outside India |
|
5% |
| 194LC |
Income by way of interest by an Indian specified company or business trust on rupee denominated bond / any long-term bonds from outside India, which is listed only on a recognized stock exchange located in any International Financial Services Centre |
|
4% |
| 194LD |
Payment of interest on rupee denominated bond of an Indian Company or Government securities |
|
5% |
| 194N |
TDS on cash withdrawal from Bank, Post office etc. |
i) in excess of Rs. 1 crore |
2% |
| 194N |
TDS on cash withdrawal from Bank, Post office etc. |
ii) in excess of Rs. 20 lakhs* (* for those persons who have not filed return of income (ITR) for three previous years immediately preceding the previous year in which cash is withdrawn, and the due date for filing ITR under section 139(1) has expired) |
| 2% from the amount withdrawn in cash if the aggregate of the amount of withdrawal exceeds Rs. 20 lakhs during the previous year |
| 5% from the amount withdrawn in cash if the aggregate of the amount of withdrawal exceeds Rs. 1 crore during the previous year |
|
| 195 |
Long Term Capital Gains u/s 115E or section 112(1)(c)(iii) |
|
10% |
| 195 |
Long Term Capital Gains u/s 112A |
|
10% |
| 195 |
Other Long Term Capital Gains (excluding u/s 10(33), 10(36) & 112A) |
|
20% |
| 195 |
Short Term Capital Gains u/s. 111A |
|
15% |
| 195 |
Dividend Income |
|
20% |
| 195 |
Interest income payable by Government / Indian concern on money borrowed or debt incurred by Government or Indian concern in foreign currency (not being interest referred to in section 194LB or 194LC) |
|
20% |
| 195 |
Investment income from Foreign Exchange Assets |
|
| Non-Resident 20% |
| Foreign company- NA |
|
| 195 |
Royalty us 115A(1A) payable by Government or Indian concern in pursuance of agreement made after March 31,1976 |
|
10% |
| 195 |
Royalty where agreement is made after March 31,1961 but before April 1, 1976 |
|
| Non-Resident 10% |
| Foreign company- 50% |
|
| 195 |
Royalty where agreement is made on or after April 1,1976 |
|
10% |
| 195 |
Fees for Technical services where agreement is made after February 29,1964 but before April 1, 1976 |
|
| Non-Resident 10% |
| Foreign company- 50% |
|
| 195 |
Fees for Technical services where agreement is made on or after April 1, 1976 |
|
10% |
| 195 |
Any Other Income |
|
| Non-Resident 30% |
| Foreign company- 40% |
|
| 196A |
Income in respect of units on non-resident/ foreign company |
|
20% |
| 196B |
Income from units (including long-term capital gain on transfer of such units) to an offshore fund |
|
10% |
| 196C |
Interest income from foreign currency bonds or GDR of an Indian company (including long-term capital gain on transfer of such bonds or GDR) |
|
10% |
| 196D |
Income of foreign Institutional Investors from securities (not being dividend or capital gain arising from such securities) |
|
20% |
