TDS / TCS RATES FOR F.Y. 2011-12

  Section   Nature of Payment Threshold Limit of Payment Individual /HUF   Others
1 192 Income from Salary
Women Rs. 1,90,000
Senior Citizen Rs. 2,50,000
Super Senior Citizen Rs. 5,00,000
Others Rs. 1,80,000
Average rate of Tax + edu. Cess (no surcharge) Not Applicable
2 194A Interest from a Banking Company Rs. 10,000 per annum 10% 10%
3 194A Interest other than from a Banking Co. Rs. 5,000 per annum 10% 10%
4 194C Payment to Contractors; Sub-contractor; Advertising Contractors
Rs. 30,000 per contract (or)  
Rs. 75,000 per annum
1% 2%
5 194-I Rent on Plant / Machinery Rs. 1,80,000 per annum 2% 2%
6 194-I Rent Other then Plant / Machinery Rs. 1,80,000 per annum 10% 10%
7 194J Fees for Professional / Technical Services Rs. 30,000 per annum 10% 10%
8 194B Winning from Lotteries & Puzzles Rs. 10,000 per annum 30% 30%
9 194BB Winning from Horse Races Rs. 5,000 per annum 30% 30%
10 194E Non-resident Sportsman or Sports Association - 10% 10%
11 194D Insurance Commission Rs.20,000 per annum 10% 10%
12 194G Commission on Sale of Lottery Tickets Rs.1000 10% 10%
13 194H Commission/Brokerage Rs. 5,000 per annum 10% 10%
14 206C Scrap - 1% 1%
15 206C Tendu Leaves - 5% 5%
16 206C Timber obtained under a forest lease or other mode - 2.50% 2.50%
17 206C Any other forest produce not being a Timber or tendu leave - 2.50% 2.50%
18 206C Alcoholic Liquor for Human Consumption - 1% 1%
19 206C Packing lot, toll plaza, mining & quarrying - 2% 2%