TDS Rates for Non-Residents u/s 195 of Income Tax Act, 1961

S.NO. Nature of Payment Co. Others
1. Long Term Capital Gains u/s 115E NA 10%
2. Other Long Term Capital Gains (excluding u/s 10(33), 10(36) & 10 (38)) 20% 20%
3. Short Term Capital Gains u/s. 111A 15% 15%
4. Investment income from Foreign Exchange Assets NA 20%
5. Interest payable on moneys borrowed or debt incurred in Foreign Currency 20% 20%
6. Royalty & Fees for technical services u/s. 115A
- Agreement 1st June, 1997 to 31st May, 2005
- Agreement on or after 1st June 2005

20%
10%

20%
10%
7. Winnings from Lotteries, Crossword Puzzles and Horse Races 30% 30%
8. Any Other Income 40% 30%