Section Nature of Payment Threshold Limit of Payment 01-04-2017 to 31-05-2017 01-06-2017 onwards
192

Income from Salary

Senior Citizen (60 Years)

Rs. 3,00,000
Average rate of Tax + Education Cess (Surcharge if Salary > 50 Lacs) Average rate of Tax + Education Cess
(Surcharge if Salary > 50 Lacs)

Super Senior Citizen (80 Years)

Rs. 5,00,000
Others Rs. 2,50,000
192A Premature Withdrawal from EPF (wef 01.06.2015) (*If PAN not furnished Rate of TDS at Maximum Mariginal Rate of 34.608%)
Rs. 50,000
10% 10%
193

* Interest on Securities

Rs. 5,000 10% 10%
194A

Interest from a Banking Company

Rs. 10,000 per annum 10% 10%
194A

Interest other than from a Banking Company

Rs. 5,000 per annum 10% 10%
194B

Winning from Lotteries & Cross Word Puzzles

Rs. 10,000 per annum 30% 30%
194C

Transporters with valid PAN & to whom 44AE applicable

- 0% 0%
194C Payment to Contractors; Sub-contractor; Advertising Contractors (including other transporters) Rs.30,000 per contract (or)
Rs. 1,00,000 per annum
Individual/HUF 1% Others 2% Individual/HUF 1% Others 2%
194D Insurance Commision Rs. 15,000
Resident:5%
Domestic Company:10%
Resident:5%
Domestic Company:10%
194DA

Payment under life insurance policy (including Bonus)

Rs.99,999 per annum 1% 1%
194E

Non-resident Sportman or Sports Association

-

20% 20%
194EE

Out of deposit under NSS

Rs.2,499
Individual or HUF 10%
Other NA
Individual or HUF 10%
Other NA
194G

Commission on Sale of Lottery Tickets

Rs. 15,000
5% 5%
194H **Commission/Brokerage Rs. 15,000 per annum
5% 5%
194-I **Rent on Plant / Machinery Rs. 1,80,000 per annum 2% 2%
194-I

**Land or building or furniture or fitting

Rs. 1,80,000 per annum 10% 10%
194-IA Payment or transfer of Non -agricultural immovable property Rs. 50,00,000 & above 1% 1%
194-IB
Rent payable by an individual or HUF not covered u/s. 194I
Rs.50,000 per month

-
5%
194J Fees for Professional / Technical Services Rs. 30,000 per annum 10%
2% (For Call Centre)
10% (For Others)
194LA
Compulsory Acquisition of immovable Property Rs. 2,50,000
10% 10%

* Only for Debenture in which the public are substantially interested
** Other than Individual or HUF except those covered u/s 44AB

TCS Rates

206C

Scrap

-

1.00% 1.00%
206C

Tendu Leaves

-

5.00% 5.00%
206C

Timber obtained under a forest lease or other mode

-

2.50% 2.50%
206C

Any other forest produce not being a Timber or tendu leave

-

2.50% 2.50%
206C

Alcoholic Liquor for Human Consumption

-

1.00% 1.00%
206C

Packing lot, toll plaza, mining & quarrying

-

2.00% 2.00%
206C Purchase of coal lignite, Iron ore by a trader - 1.00% 1.00%
206C Sale Value of Motor vehicle whether in cheque or in any other mode of receipt Exceeding Rs. 10 Lakhs per transaction 1.00% 1.00%

Notes

1. Surcharges & Education Cess

Type of Payment Surcharge
Rate Education Cess (3.00%)
Salary (Resident & Non- resident) Upto 50 Lacs
Nil Yes
50 Lacs to  1 Crore 10%
Salary (Resident & Non- resident)
> 1 Crore
15%
Yes
Other Payments to Residents No Nil No
Other Payments to Non-Residents


Payment to Non-Residents (other than Cos) Upto 1cr Nil Yes
> 1 Crore 10%
Payments to Foreign Co. Upto 1cr Nil Yes
> 1 Crore 2%
> 10 Crores 5%

Interest on delay in deposit of tax after deduction

Stage of deduction Rate per month or part of the month

From date when deductible till actual deduction

1.00%

From date of deduction till payment

1.50%

News Section

News

Due Date Reminder

Jan Feb Mar Apr May June
July Aug Sep Oct Nov Dec
All
30 Nov 19 furnishing of challan-cum-statement in respect of tax deducted u/s 194-IA in month of October 19
30 Nov 19 Due date for furnishing of challan-cum-statement in respect of tax deducted u/s 194-IB in month of October 19
07 Dec 19 Payment of TDS of November 2019 (For Govt deductors paying through challan)
11 Dec 19 Filing of GSTR-1 for the month of Nov, 2019 , whose turnover > 1.5cr
13 Dec 19 Filing of GSTR-6 for input service distributor for the month of November 2019
15 Dec 19 Due date for issue of TDS Certificate for tax deducted under Section 194-IA in the month of October, 2019.
15 Dec 19 Due date for issue of TDS Certificate for tax deducted under Section 194-IB in the month of October, 2019
15 Dec 19 P.F Payment
15 Dec 19 ESIC Payments
15 Dec 19 furnishing of Form 24G by an office of Government where TDS for m/o Nov 19 has been paid without production of a challan
20 Dec 19 Filing of GSTR-3B for the month of Nov, 2019
20 Dec 19 Filing of GSTR-5 for Non-resident foreign taxpayer for the month of Nov 2019
20 Dec 19 GST Return for NRI OIDAR service provider for the month of November 2019 (GSTR 5A)
30 Dec 19 furnishing of challan-cum-statement in respect of tax deducted u/s 194-IA in month of November 19
30 Dec 19 Due date for furnishing of challan-cum-statement in respect of tax deducted u/s 194-IB in month of November 19
07 Jan 20 Payment of TDS of December 2019 (For Govt deductors paying through challan)
11 Jan 20 Filing of GSTR-1 for the month of Dec, 2019 , whose turnover > 1.5cr
13 Jan 20 Filing of GSTR-6 for input service distributor for the month of December 2019
14 Jan 20 Due date for issue of TDS Certificate for tax deducted under Section 194-IA in the month of November, 2019.
14 Jan 20 Due date for issue of TDS Certificate for tax deducted under Section 194-IB in the month of November, 2019
15 Jan 20 P.F Payment
15 Jan 20 ESIC Payments
15 Jan 20 furnishing of Form 24G by an office of Government where TDS for m/o Dec 19 has been paid without production of a challan
18 Jan 20 Filing of GSTR-4 for the quarter Oct-Dec 2019
20 Jan 20 Filing of GSTR-3B for the month of Dec, 2019
20 Jan 20 Filing of GSTR-5 for Non-resident foreign taxpayer for the month of Dec 2019
20 Jan 20 GST Return for NRI OIDAR service provider for the month of Dec 2019 (GSTR 5A)
30 Jan 20 furnishing of challan-cum-statement in respect of tax deducted u/s 194-IA in month of December 19
30 Jan 20 Due date for furnishing of challan-cum-statement in respect of tax deducted u/s 194-IB in month of December 19
31 Jan 20 Filing of GSTR-1 for the quarter Oct-Dec, 19 , whose turnover < 1.5 cr
31 Jan 20 Quarterly statement of TDS deposited for the quarter ending December 31, 2019
07 Feb 20 Payment of TDS of January 2020 (For Govt deductors paying through challan)
11 Feb 20 Filing of GSTR-1 for the month of Jan. 2020 , whose turnover > 1.5cr
13 Feb 20 Filing of GSTR-6 for input service distributor for the month of Jan. 2020
13 Feb 20 Filing of GSTR-6 for input service distributor for the month of Feb 2020
14 Feb 20 Due date for issue of TDS Certificate for tax deducted under Section 194-IA in the month of December, 2019.
14 Feb 20 Due date for issue of TDS Certificate for tax deducted under Section 194-IB in the month of December, 2019
15 Feb 20 P.F Payment
15 Feb 20 ESIC Payments
15 Feb 20 furnishing of Form 24G by an office of Government where TDS for m/o Jan 2020 has been paid without production of a challan
20 Feb 20 Filing of GSTR-3B for the month of Jan, 2020
20 Feb 20 Filing of GSTR-5 for Non-resident foreign taxpayer for the month of Jan 2019
20 Feb 20 GST Return for NRI OIDAR service provider for the month of Jan 2019 (GSTR 5A)
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