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.
| Section | Nature of Payment | Threshold | Indv/ HUF | Others |
|---|---|---|---|---|
| Rs. | TDS Rate (%) | |||
| 192 | Salaries | – | Avg | – |
| 192A | Premature withdrawal from EPF | 50000 | 10 | – |
| 193 | Interest on Securities | 10000 | 10 | 10 |
| 194 | Dividends | 5000 | 10 | 10 |
| 194A | Interest (Banks) | 40000 | 10 | 10 |
| 194A | Interest (Others) | 5000 | 10 | 10 |
| 194A | Senior Citizen | 50000 | 10 | – |
| 194B | Winning from Lotteries | 10000 | 30 | 30 |
| 194BA | Winnings from online games | – | 30 | 30 |
| 194BB | Winnings from Horse Race | 10000 | 30 | 30 |
| 194BP | Lotteries/crossword puzzles-made in kind/cash not suffice to meet the tax liability and paid before | 10000 | 30 | 30 |
| 194C | Contractor – Single Transaction | 30000 | 1 | 2 |
| 194C | Contractor – During the F.Y. | 1 Lakh | 1 | 2 |
| 194C | Transporter (44AE) declaration with PAN | – | – | – |
| 194D | Insurance Commission (15G-15H allowed) | 15000 | 5 | 10 |
| 194DA | Life insurance Policy | 1 Lakh | 1 | 1 |
| 194EE | NSS | 2500 | 10 | 10 |
| 194F | Repurchase Units by MFs | – | 20 | 20 |
| 194G | Commission – Lottery | 15000 | 5 | 5 |
| 194H | Commission / Brokerage | 15000 | 5 | 5 |
| 194I(a) | Rent of Plant / Machinery / Equipment | 2.40 Lakh | 2 | 2 |
| 194I(b) | Rent of Land Building & Furniture | 2.40 Lakh | 10 | 10 |
| 194IA | Transfer of certain immovable property other than agriculture land | 50 Lakh | 1 | 1 |
| 194IC | Payment under Specified agreement applicable for F.Y: 2017-18 onwards | – | 10 | 10 |
| 194J (a) | Fees-tech srvcs, call centre, royalty for sale etc. | 30000 | 2 | 2 |
| 194J (b) | Fee for professional service or royalty etc. | 30000 | 10 | 10 |
| 194K | Payment of dividend by mutual Funds | 5000 | 10 | 10 |
| 194LA | Compensation on transfer of certain immovable property other than agriculture land | 2.50Lakh | 10 | 10 |
| 194LA | Immovable Property (TDS exempted under RFCTLARR Act (wef 01.04.2017) | – | – | – |
| 194LA | Immovable Property | 2.50Lakh | 10 | 10 |
| 194LB | Income by way of interest from infrastructure debt fund(non-resident) | – | 5 | 5 |
| 194LBA | Certain income from units of a business trust (applicable from 01.10.2014) | – | 10 | 10 |
| 194LBA | Certain income from units of a business trust to non-resident (applicable from 01.10.2014) | – | 5 | 5 |
| 194LBB | Income in respect of investment of investment fund | – | 10% for residents, 30% for non-residents | 10% for residents, 40% for non-residents |
| 194LBC | Income in respect of investment in securitization trust | – | 30% for residents, 40% for non-residents, 25% for individual & HUF | 30% for residents, 40% for non-residents, 25% for individual & HUF |
| 194LC | Income 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) | – | 5 | 5 |
| 194LD | Interest on certain bonds and Govt. Securities (from 01.06.2013) | 5 | 5 | |
| 194M | Payment to commission, brokerage etc. by individual & HUF | 50 Lakh | 5 | 5 |
| 194N | Cash 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 Cr | 2 | 2 |
| 194NF | Payment of certain amounts in cash to non-filers | 2000000 | 2 | 2 |
| 194NF | Payment of certain amounts in cash to non-filers | 10000000 | 5 | 5 |
| 194O | TDS on e-commerce participants | 5 Lakh | 1%(01.10.2020) | 1% (01.10.2020) |
| 194P | TDS in case of Specified Senior Citizen | Not Applicable | Rates in Force | |
| 194Q | TDS on Purchase of Goods exceeding Rs. 50 Lakhs (Applicable From 01-July-2021) | In Excess of Rs. 50 Lakhs | 0.1 | 0.1 |
| 194R | Benefits or perquisites of business or profession | 20000 | 10 | 10 |
| 194RP | Benefits 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 released | 20000 | 10 | 10 |
| 194S | Payment of consideration for transfer of virtual digital asset by persons other than specified persons | 10000 | 1 | 1 |
| 194SP | Payment 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 released | 10000 | 1 | 1 |
| 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.