TDS Rate Chart for FY 2023-24 PDF

TDS and TCS Rate Chart 2023-24

Name

TDS Rate Chart FY 23 24

Language

English

Source

Tdsman.com

Category

Government

1 MB

File Size

5

Total Pages

29/06/2023

Last Updated

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TDS Rate Chart for FY 2023-24 PDF

If you are looking for TDS Rate Chart 2023-24 PDF, you are in the right place. At the end of this post, we have added a button to directly download the PDF of the TDS and TCS Rate Chart FY 23-24 for free.

TDS RATE CHART FY: 2023-24

Here we have shared the TDS Rate Chart for FY 2023-24 and AY:2024-25.

SectionNature of PaymentThresholdIndv/ HUFOthers
Rs.TDS Rate (%)
192Salaries Avg
192APremature withdrawal from EPF5000010
193Interest on Securities100001010
194Dividends50001010
194AInterest (Banks)400001010
194AInterest (Others)50001010
194ASenior Citizen5000010
194BWinning from Lotteries100003030
194BAWinnings from online games3030
194BBWinnings from Horse Race100003030
194BPLotteries/crossword puzzles-made in kind/cash not suffice to meet the tax liability and paid before100003030
194CContractor – Single Transaction3000012
194CContractor – During the F.Y.1 Lakh12
194CTransporter (44AE) declaration with PAN
194DInsurance Commission (15G-15H allowed)15000510
194DALife insurance Policy1 Lakh11
194EENSS25001010
194FRepurchase Units by MFs2020
194GCommission – Lottery1500055
194HCommission / Brokerage1500055
194I(a)Rent of Plant / Machinery / Equipment2.40 Lakh22
194I(b)Rent of Land Building & Furniture2.40 Lakh1010
194IATransfer of certain immovable property other than agriculture land50 Lakh11
194ICPayment under Specified agreement applicable for F.Y: 2017-18 onwards1010
194J (a)Fees-tech srvcs, call centre, royalty for sale etc.3000022
194J (b)Fee for professional service or royalty etc.300001010
194KPayment of dividend by mutual Funds50001010
194LACompensation on transfer of certain immovable property other than agriculture land2.50Lakh1010
194LAImmovable Property (TDS exempted under RFCTLARR Act (wef 01.04.2017)
194LAImmovable Property2.50Lakh1010
194LBIncome by way of interest from infrastructure debt fund(non-resident)55
194LBACertain income from units of a business trust (applicable from 01.10.2014)1010
194LBACertain income from units of a business trust to non-resident (applicable from 01.10.2014)55
194LBBIncome in respect of investment of investment fund10% for residents, 30% for non-residents10% for residents, 40% for non-residents
194LBCIncome in respect of investment in securitization trust30% for residents, 40% for non-residents, 25% for individual & HUF30% for residents, 40% for non-residents, 25% for individual & HUF
194LCIncome by way of interest by an Indian specified company to a non-resident/foreign company on foreign currency approved loan/long term infrastructure bond ‘from outside India (applicable from July 1, 2012)55
194LDInterest on certain bonds and Govt. Securities (from 01.06.2013)55
194MPayment to commission, brokerage etc. by individual & HUF50 Lakh55
194NCash withdrawal in excess of 1 crore during the previous year from 1 or more account with a bank or co-operative society (wef 01.09.2019)1 Cr22
194NFPayment of certain amounts in cash to non-filers200000022
194NFPayment of certain amounts in cash to non-filers1000000055
194OTDS on e-commerce participants5 Lakh1%(01.10.2020)1% (01.10.2020)
194P TDS in case of Specified Senior Citizen Not ApplicableRates in Force
194QTDS on Purchase of Goods exceeding Rs. 50 Lakhs (Applicable From 01-July-2021)In Excess of Rs. 50 Lakhs0.10.1
194RBenefits or perquisites of business or profession200001010
194RPBenefits or perquisites of business or profession where such benefit is provided in kind or where part in cash is not sufficient to meet tax liability and tax required to be deducted is paid before such benefit is released200001010
194SPayment of consideration for transfer of virtual digital asset by persons other than specified persons1000011
194SPPayment for transfer of virtual digital asset where payment is in kind or in exchange of another virtual digital asset and tax required to be deducted is paid before such payment is released1000011
Note: TDS Rates without PAN – 20% flat (if TDS is lower than 20%) 

If you want to download the Salary TDS Slab for 2023-24, then click on the download button provided at the end of this post.

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Download TDS Rate Chart FY-23 PDF

To download TDS Rate Chart AY-24-25 PDF, click the below download button. Within a few seconds, TDS Rate Slabs for the 2023-24 PDF will be on your device.

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