TDS  RATE  REFERENCER  FOR  FINANCIAL  YEAR  2009 - 2010
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TILL 30th SEPT 2009 FROM 1st OCT 2009
Type of payment Limit beyond which TDS has to be deducted PAID TO Slab for deduction Basic TDS rate Surcharge 10% Education cess 2%  Secondary edn cess 1%  Total rate to be deducted   PAID TO   Total rate to be deducted 
Contract               Sec 194C 20,000 for single payment & 50,000 for aggregate of all payments Individual with income less than 10 lacs Rs.20,000 per contract or Rs.50,000 for aggregate of all payments 2          -           0.04         0.02            2.060  Individual or HUF               1.00
Individual with income more than 10 lacs [whether covered under 194C(1) or 194C(2)] 2       0.20         0.04         0.02            2.266
Company or Firm with income less than 1 crore 2          -           0.04         0.02            2.060  Company or firm               2.00
Company or Firm with income more than 1 crore 2       0.20         0.04         0.02            2.266
 
Sub Contract and payments to advertising media or press                       Sec 194C 20,000 for single payment & 50,000 for aggregate of all payments Individual with income less than 10 lacs   1          -           0.02         0.01            1.030  Individual or HUF               1.00
Individual with income more than 10 lacs [whether covered under 194C(1) or 194C(2)] 1       0.10         0.02         0.01            1.133
Company or Firm with income less than 1 crore 1          -           0.02         0.01            1.030  Company or firm               2.00
Company or Firm with income more than 1 crore 1       0.10         0.02         0.01            1.133
Professional fees Sec 194J 20,000 in a year Individual with income less than 10 lacs Rs.20,000 10          -           0.20         0.10          10.300  Individual or HUF             10.00
Individual with income more than 10 lacs 10       1.00         0.22         0.11          11.330
Company or Firm with income less than 1 crore 10          -           0.20         0.10          10.300  Company or firm             10.00
Company or Firm with income more than 1 crore 10       1.00         0.22         0.11          11.330
Rent - for land or building                       Sec 194I 120,000 per annum Individual with income less than 10 lacs Rs.120,000 per annum 15          -           0.30         0.15          15.450  Individual or HUF             10.00
Individual with income more than 10 lacs 15       1.50         0.33         0.17          16.995
Company or Firm with income less than 1 crore 20          -           0.40         0.20          20.600  Company or firm             10.00
Company or Firm with income more than 1 crore 20       2.00         0.44         0.22          22.660
Rent - for machinery or plant or equipment                  Sec 194I 120,000 per annum Individual with income less than 10 lacs Rs.120,000 per annum 10          -           0.20         0.10          10.300  Individual or HUF               2.00
Individual with income more than 10 lacs 10       1.00         0.22         0.11          11.330
Company or Firm with income less than 1 crore 10          -           0.20         0.10          10.300  Company or firm               2.00
Company or Firm with income more than 1 crore 10       1.00         0.22         0.11          11.330
Brokerage & commision                 Sec 194H 20,000 in a year Individual with income less than 10 lacs Rs.20,000 10          -           0.20         0.10          10.300  Individual or HUF             10.00
Individual with income more than 10 lacs 10       1.00         0.22         0.11          11.330
Company or Firm with income less than 1 crore 10          -           0.20         0.10          10.300  Company or firm             10.00
Company or Firm with income more than 1 crore 10       1.00         0.22         0.11          11.330
Interest other than interest on securities                     Sec 194A 10,000 in respect of bank and post office deposits                  5,000 in other cases Individual with income less than 10 lacs Rs.10,000 in case of bank, co-op society and post office deposits and Rs.5,000 in all other cases 10          -           0.20         0.10          10.300  Individual or HUF             10.00
Individual with income more than 10 lacs 10       1.00         0.22         0.11          11.330
Company or Firm   20       2.00         0.44         0.22          22.660  Company of firm             20.00
Note 1 : With effect from 1.10.2009, Surcharge and Cess need not be considered for deduction
        2 : For salary payment to individuals, tax to be made on taxable salary at the following slabs. While Surcharge has been abolished for individuals, 
             Cess @ 3% will have to be paid.
Men Women  Senior citizens 
<= 160,000 Nil <= 190,000 Nil Nil <= 240,000  Nil 
160,001 to 300,000 10% 190,001 to 300,000 10% 10% 240,001 to 300,000 10%
300,001 to 500,000 20% + 14,000 300,001 to 500,000 20% + 14,000 20% + 11,000 300,001 to 500,000  20% + 6,000 
> 500,000 30% + 54,000 > 500,000 30% + 54,000 30% + 51,000 > 500,000  30% + 46,000