what is tds rates for verious section and tax limit per annum as per indian income tax?

Answer 1

(Rates for individuals)

Nature of PaymentIT
Sec. 192 - Salary to a resident / non-resident [see Note 1]
Sec. 193 - Interest on securities to a resident -
a. interest on debentures or securities(other than a security of the Central or a State Govn.) for money issued by or on behalf of a local authority or a statutory corporation or listed debentures of a company10
Sec. 193 - Interest on securities to a resident -
b. any other interest on securities (including interest on nonlisted debentures but excluding interest on Govn. securities mentioned in proviso to section 193) 20
Sec. 194 - Dividend to a resident -
a. deemed dividend under Section 2(22)(e)
20
Sec. 194 - Dividend to a resident -
b. any other dividend
NIL
Sec. 194A - Interest other than interest on securities to a resident10
Sec. 194B - Winnings from lottery or crossword puzzle or card game of any sort to a resident/non-resident30
Sec. 194BB - Winnings from horse races to a resident/non-resident30
Sec. 194C - Payment to a resident contractor/sub-contractor -
a. payment to a contractor (in the case of advertising contracts)
1
Sec. 194C - Payment to a resident contractor/sub-contractor -
b. payment to a contractor (other than an advertising contract)
2
Sec. 194C - Payment to a resident contractor/sub-contractor -
c. payment to a sub-contractor
1
Sec. 194D - Insurance commission to a resident 10
Sec. 194E - payment to a non-resident sportsman or sports association 10
Sec.194EE - payment in respect of deposits under National Savings Scheme, 1987 to a resident / non-resident20
Sec. 194F - payment on account of repurchase of units of MF or UTI to a resident / non-resident20
Sec. 194G - Commission on sale of lottery tickets to a resident / non-resident10
Sec. 194H - Commission or brokerage to a resident 5
Sec. 194I - Rent to a resident
a. rent to an individual or a Hindu Undivided Family
15
Sec. 194I - Rent to a resident
b. rent to a person other than an individual or a Hindu Undivided Family
20
Sec. 194J - Fees for professional or technical services to a resident5
Sec. 194LA - payment of compensation to a resident on acquisition of certain immovable property -
a. till September 30,2004NIL
Sec. 194LA - payment of compensation to a resident on acquisition of certain immovable property -
b. from October 1,2004 onwards10
Sec. 195 - payment of other sum to a non-resident [See Note 2] -
a. income from foreign exchange assets payable to an Indian Citizen
20
Sec. 195 - payment of other sum to a non-resident [See Note 2] -
b. income by way of long-term capital gains referred to in section 115E
10
Sec. 195 - payment of other sum to a non-resident [See Note 2] -
c. other long-term capital gains [not being covered by section 10(33), 10(36), and 10(38)]
20
Sec. 195 - payment of other sum to a non-resident [See Note 2] -
d. income by way of interest payable by Govn./ Indian concern on money borrowed or debt incurred by Govn. or Indian concern in foreign currency
20
Sec. 195 - payment of other sum to a non-resident [See Note 2] -
e. royalty payable by Government or an Indian concern in pursuance of an agreement made by non-resident with the Govn. or the Indian concern after March 31,1976, where such royalty is in consideration for the transfer of all or any rights(including the granting of a license) in respect of copyright in any book on a subject referred to in the first proviso to sub-section (1A) of Section 115A to the Indian concern or in respect of computer software referred to in the second proviso to section 115A(1A), to a person resident in India -
i. where the agreement is made before June 1,1997
ii. where the agreement is made after May 31,199730
30
Sec. 195 - payment of other sum to a non-resident [See Note 2] -
f. royalty [ not being royalty of the Nature referred to in (e)] payable by Government or an Indian concern in pursuance of an agreement made by non-resident with the Govn. or the Indian concern and where such agreement is with an Indian concern, the agreement is approved by the Central Government or where it relates to matter included in the industrial policy, the agreement is in accordance with that policy -
i. where the agreement is made after March 31,1961 but before April 1,1976
ii. where the agreement is made after March 31,1976 but before June 1,1997
iii. where the agreement is made after May 31, 199730

30

30
Sec. 195 - payment of other sum to a non-resident [See Note 2] -
g. fees for technical services payable by Government or an Indian concern in pursuance of an agreement made by non-resident with the Govn. or the Indian concern and where such agreement is with an Indian concern, the agreement is approved by the Central Govn. or where it relates to matter included in the industrial policy, the agreement is in accordance with that policy -
i. where the agreement is made after February 29,1964 but before April 1976
ii. where the agreement is made after March 31,1976 but before June 1,1997
iii. where the agreement is made after May 31,199730

30

30
Sec. 195 - payment of other sum to a non-resident [See Note 2] -
h. any other income
30
Sec. 196B - Income from units (including long-term capital gains on transfer of such units) to an offshore fund10
Sec. 196C - Income from foreign currency bonds or GDR (including long-term capital gains on transfer of such bonds)(not being dividend)10
Sec. 196D - Income of Foreign Institutional Investors from securities (not being dividend, short-term or long-term capital gain)20

"Surcharge if any, + Education cess to be paid additionally"
"The above rates are for individuals -for others see following website"

Source:http://incometaxindia.gov.in/ITinformation/Tds_Individual.asp

Answer 2

Some important TDS Rates as follows
HeadSectionCodeInd.huf etc, Com. Firm

%%

Interest 194 A94 A10.20%22.44%


Contract 194 C94 C1.02%1.122%
(Advertising)


Contract 194 C94 C2.04%2.244%
Other than Advert.


Sub Contract194 C94 C1.02%1.122%


Brokerage /194 H94 H5.10%5.61%
Commission


Rent (Ind.& HUF)194 I94 I15.30%NIL
Rent (BOI & AOP)194 I94 I20.40%22.44%


Professional Fees194 J94 J5.10%5.61%

Answer 3

placed Max cut back permissible in PPF, stability in tax saving RBI bonds, and LIC rules. After that flow to the closest IT workplace and post return and pay your tax. in spite of everything why worry approximately tax once you're earning 8Lacs each year a pair of lacs here or there no longer often concerns.

Answer 4

refer

http://incometaxindia.gov.in/ITInformation/TdsRates.asp