Scribd Logo
Upload

Welcome to Scribd!

  • 33 views

    TDS Rate Chart - FY 2021-22

    Uploaded by

    Ram Yadav
    This document provides the TDS (tax deducted at source) rate chart for the financial year 2021-22 in India. It lists the different sections under the Income Tax Act that have predefined TDS rates for various types of payments including salaries, dividends, interest, rent, commission, and contractor payments. The TDS is applicable when the threshold amount for a particular type of payment is reached and is deducted at the source to minimize tax evasion.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    TDS Rate Chart - FY 2021-22

    Uploaded by

    Ram Yadav
    33 views3 pages
    This document provides the TDS (tax deducted at source) rate chart for the financial year 2021-22 in India. It lists the different sections under the Income Tax Act that have predefined TDS rates for various types of payments including salaries, dividends, interest, rent, commission, and contractor payments. The TDS is applicable when the threshold amount for a particular type of payment is reached and is deducted at the source to minimize tax evasion.

    Original Title

    TDS Rate Chart_ FY 2021-22

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document provides the TDS (tax deducted at source) rate chart for the financial year 2021-22 in India. It lists the different sections under the Income Tax Act that have predefined TDS rates for various types of payments including salaries, dividends, interest, rent, commission, and contractor payments. The TDS is applicable when the threshold amount for a particular type of payment is reached and is deducted at the source to minimize tax evasion.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    33 views3 pages

    TDS Rate Chart - FY 2021-22

    Uploaded by

    Ram Yadav
    This document provides the TDS (tax deducted at source) rate chart for the financial year 2021-22 in India. It lists the different sections under the Income Tax Act that have predefined TDS rates for various types of payments including salaries, dividends, interest, rent, commission, and contractor payments. The TDS is applicable when the threshold amount for a particular type of payment is reached and is deducted at the source to minimize tax evasion.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    5/10/22, 1:11 PM TDS Rate Chart: FY 2021-22 - RazorpayX

    TDS (Tax deducted at source) is a type of tax introduced by the Income Tax Department of India
    to minimise tax evasion. It is applicable on various payments ranging from contractor payments,
    salary, commission and more. 

    The TDS rates are predecided by the government under the Income Tax Act.

    In this blog, we share the TDS rate chart for the financial year 2021-22 and assessment year
    2022-23 to help you calculate and pay TDS error-free.

    TDS Rate Chart for FY 2021-22


    Section Nature of Payment  Threshold Individual/ Others
    (Rs.) HUF
    TDS
    Rate
    TDS Rate
    (%)
    (%)

    192 Salaries  – As per the –


    employee’s
    IT
    declaration

    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 Senior citizen 50000 10 –

    194C Single contractor payment 30000 1 2

    194C Aggregate contractor payment 1 Lakh 1 2

    194D Insurance Commission (15G-15H 15000 5 10


    allowed) 

    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

    https://razorpay.com/blog/tds-rate-chart/ 1/3
    5/10/22, 1:11 PM TDS Rate Chart: FY 2021-22 - RazorpayX

    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 50 Lakh 1 1


    other than agricultural land

    194IB Rent by Individual / HUF (w.e.f 50000/PM  5 –


    01.06.2017)

    194IC Payment under specified agreement – 10 10


    applicable for F.Y: 2017-18 onwards

    194J Fees-tech services, call centre, royalty 30000 2 2


    (a) for sale etc.

    194J Fee for professional service or royalty 30000 10 10


    (b) etc.

    194K Payment of dividends by mutual funds 5000 10 10

    194LA Compensation on the transfer of 2.50Lakh 10 10


    certain immovable property other than
    agricultural land

    194LA Immovable property (TDS exempted – – –


    under RFCTLARR Act (w.e.f
    01.04.2017) 

    194LB Income on infrastructure debt – 5 5


    fund(non-resident)

    194LBA Income from a business trust – 10 10


    (applicable from 01.10.2014)

    194LBA Income from a business trust to non- – 5 5


    resident (applicable from 01.10.2014)

    194LD Interest on certain bonds and Govt. 5 5


    securities (from 01.06.2013)

    194M Payment to commission or brokerage 50 Lakh 5 5


    by individual & HUF 

    194N Cash withdrawal exceeding 1 crore 1 Cr 2 2


    during the previous year from 1 or
    more accounts with a bank or co-
    operative society (w.e.f 01.09.2019)

    1940 TDS on e-commerce participants 5 Lakh 1% 1%


    (01.10.2020) (01.10.2020)
    https://razorpay.com/blog/tds-rate-chart/ 2/3
    5/10/22, 1:11 PM TDS Rate Chart: FY 2021-22 - RazorpayX

    194Q Purchase of Goods 50 Lakh 0.10% 0.10%


    (01.07.2021) (01.07.2021)

    https://razorpay.com/blog/tds-rate-chart/ 3/3

    You might also like