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    Apr 4, 2012

    TDS Rate Chart for Financial Year 2012-13

    TDS rates are modified in this annual budget. So there is a TDS chart for financial year 2009-10.


    Male
    Female
    Senior Citizen
    Tax (%)
    For Income Between 0 to 1,60,000
    For Income Between 0 to 1,90,000
    For Income Between 0 to 2,40,000
    0
    For Income Between 1,60,001 to 3,00,000
    For Income Between 1,90,001 to 3,00,000
    For Income Between 2,40,001 to 3,00,000
    10
    For Income Between 3,00,001 to 5,00,000
    For Income Between 3,00,001 to 5,00,000
    For Income Between 3,00,001 to 5,00,000
    20
    For Income above 5,00,001
    For Income above 5,00,001
    For Income above 5,00,001
    30




    Surcharge


    0

    Education Cess


    3

    Form 26Q:
    Section
    Nature of Payment
    Status
    Tax (%)




    193
    Interest on Debentures & Securities

    10
    194
    Deemed Dividend

    10
    194A
    Other Interest
    > Aggregate sum exceeding Rs. 10,000 for Banking Co’s , etc.per person during thefinancial year.
    > Aggregate sum exceeding Rs. 5,000 per person during the financial year

    10
    194B
    Lottery/Crossword Puzzle > Rs.5,000

    30
    194BB
    Winnings from Horse Race > Rs. 2,500

    30

    194C

    Contracts to Transporter, who has provided a valid PAN


    0

    Contracts to Individuals/HUF


    1

    Contracts to others


    2

    194D

    Insurance Commission > Rs.5,000


    10
    194EE
    Withdrawal from NSS > Rs.2,500

    20
    194F
    Repurchase of Units by MF/UTI

    20
    194G
    Commission on Sale of Lottery Tickets > Rs.1,000

    10
    194H
    Commission or Brokerage > Rs.2,500

    10

    194I

    Rent > Rs.1,20,000 p. a.
    Rent of Plant & Machinery


    2

    Rent of Land, Building, Furniture, etc


    10
    194J
    Professional or Technical Fess > Rs.20,000

    10
    194LA
    Compensation on Compulsory Acquisition of immovable property >Rs.1,00,000 during thefinancial year

    10

    Surcharge


    0

    EducationCess


    0


    Note:  If there is no PAN details, then from 1st April 2010 TDS will be deduted at the rate of 20%.
    Form 27Q:
    Section
    Nature of Payment
    Status
    Tax (%)




    194E
    Payment to nonresident sportsmen or sports association

    10
    195(a)
    Income from foreign exchange assets payable to an Indian citizen

    20
    195(b)
    Income by way of long-term capital gain referred to in sec. 115E

    10
    195(c)
    Income by way of Short-term capital gains u/s. 111A

    15
    195(d)
    Income from other long-term capital gains

    20
    195(e)
    Income by way of interest payable by Government/Indian concern on money borrowed or debt incurred by Government or Indian concern in foreign currency

    20
    195(f)
    Royalty payable by Government or an Indian concern in pursuance of an agreement made by non-resident with the Government or the Indian concern after March 31, 1976, where such royalty is in consideration for the transfer of all or any rights (including the granting of a licence) in respect of copyright in any book on a subject referred to in the first proviso tosection 115A(1A) to the Indian concern or in respect of computer software referred to in the second proviso to section 115(1A), to a person resident in India -


    1.Where the agreement is made before June 1, 1997

    30
    2.Where the agreement is made after May 31, 1997 but before June 1, 2005

    20
    3.Where the agreement is made on or after June 1, 2005

    10
    195(g)
    Royalty (not being royalty of the nature referred to in (e) sub para) payable by Government or an Indian concern in pursuance of an agreement made by non-resident with the Government or the Indian concern and where such agreement is with an Indian concern, the agreement is approved by the Central Government or where it relates to matter included in the industrial policy, the agreement is in accordance with that policy


    1.Where the agreement is made after March 31, 1961 but before April 1, 1976
    COMPANY
    50
    OTHERS
    30
    2.Where the agreement is made after March 31, 1976 but before June 1, 1997

    30
    3.Where the agreement is made after May 31, 1997 but before June 1, 1997

    20
    4.Where the agreement is made on or after June 1, 2005

    10
    195(h)
    Fee for technical services payable by Government or an Indian concern in pursuance of an agreement made by non-resident with the Government or the Indian concern and where such agreement is with an Indian concern, the agreement is approved by the Central Government or where it relates to matter included in the industrial policy, the agreement is in accordance with the policy -


    1.Where the agreement is made after February 29, 1964 but before April 1, 1976
    COMPANY
    50
    OTHERS
    30
    2.Where the agreement is made after March 31, 1976 but before June 1, 1997

    30
    3.Where the agreement is made after May 31, 1997 but before June 1, 2005

    20
    4.Where the agreement is made on or after June 1, 2005

    10
    195(i)
    Any other income
    COMPANY
    40
    OTHERS
    30
    196A
    Income in respect of Units of Non-residents

    20
    196B
    Income and Long-term Capital gain from units of an Off shore fund

    10
    196C
    Income and Long-term Capital Gain from Foreign Currency Bonds or shares of indian companies

    10
    196D
    Income of Foreign Institutional Investors for Securities

    20

    Surcharge ( On Tax)

    Applicable for Foreign Companies if payment/credit exceeds Rs.1 crore of such companies

    2.5

    EducationCess

    on Tax deducted Plus Surcharge

    3
    Form 27EQ:
    Collection Code
    Nature of Purchase
    Tax (%)
    6CA
    Alcoholic liquor for human consumption
    1
    6CB
    Timber obtained under a forest lease
    2.5
    6CC
    Timber obtained under any mode other than forest lease
    2.5
    6CD
    Any other forest product not being timber or tendu leave
    2.5
    6CE
    Scrap
    1
    6CF
    Parking Lot
    2
    6CG
    Toll plaza
    2
    6CH
    Mining and quarrying
    2
    6CI
    Tendu leaves
    5

    Surcharge
    (On Tax)

    Applicable for Foreign Companies if collections exceeds Rs.1 crore of such companies

    2.5

    EducationCess

    Applicable for Foreign Companies

    3




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