TDS Rates for A.Y.2016-17 (F.Y.

2015-16)
TDS Rates
Payment & Section

Limit

for
Individiual

Interest from a Banking Company - 194A

10,000 p.a.

10%
(Individuals)
10% (Others)

Interest other than from a Banking Co. - 194A

5,000 p.a.

10%
(Individuals)
10% (Others)

Contractors (including Advertising & Sub-

30,000 (per

1%

Contractor) - 194C

payment) or

(Individuals)

75,000 p.a.

2% (Others)

Nil

NIL

Transport Contractors (Providing PAN and

enganged in the business of plying, hiring or

(Individuals)

leasing of goods carriages - 194C

NIL (Others)

Insurance Commission -194D

20,000 p.a.

10%
(Individuals)
10% (Others)

Commission or Brokerage -194H

5,000 p.a.

10%
(Individuals)
10% (Others)

Rent of Land & Building - 194I

1,80,000 p.a.

10%

TDS Rates
Payment & Section

Limit

for
Individiual

(Individuals)
10% (Others)

Rent of Plant & Machinery and Other

1,80,000 p.a.

Equipments - 194I

2%
(Individuals)
2% (Others)

Transfer of Immovable Property other than

50,00,000

Agriculture Land - 194IA

1%
(Individuals)
1% (Others)

Payment for Professional Services, Technical

30,000 p.a.

Services & Royalty -194J

10%
(Individuals)
10% (Others)

Payment to Directors any remuneration or fees

10%

or commission by whatever named called if the

(Individuals)

same is not covered u/s 192 - 194J(1)(ba)

10% (Others)