TDS Rate Chart for FY 2017-18
Tax Deducted at Source (TDS) rates for Financial Year 2017-18 and Assessment Year 2018-19.
Historical reference: This page presents the TDS rates applicable to FY 2017-18 (AY 2018-19). It is retained as a period-specific reference and is not a current-year TDS rate chart.
Section-wise TDS Rates for FY 2017-18
| Section | Nature of Income | Deduction Rule / Threshold | Rate of TDS |
|---|---|---|---|
| 192 | Payment of Salary | Monthly deduction when estimated yearly salary exceeds taxable limit. | Average deduction (30% for employees without valid PAN) |
| 192A | EPF (from 1.6.2015) | Rs. 30,000/-; Rs. 50,000/- w.e.f. 1.6.2016. | 10% (30% without valid PAN) |
| 193 | (a) Interest on securities by Government; (b) Debenture issued by company; (c) Any security of Central or State Government; (d) Interest on any other security. | Rs. 10,000/-; Debenture Rs. 5,000/-. | 10% (20% without valid PAN) |
| 194 | Dividend other than referred to in Section 115O | When amount exceeds Rs. 2,500/- | 10% (20% without valid PAN) |
| 194A | Interest other than interest on securities | Rs. 5,000/-. Rs. 10,000/- for banks including cooperative societies. | 10% (20% without valid PAN) |
| 194B / 194BB | Income by way of winnings from lotteries, crossword puzzles, card games and other games of any sort, and income by way of winnings from horse races | Rs. 10,000/- after 1.6.2016 | 30% (30% without valid PAN) |
| 194C | Payment to contractors and sub-contractors | Rs. 30,000/- or total amount of the contract for whole year exceeding Rs. 1 lakh (from 1.6.2016) | 2% for payment to non-individual or HUF; 1% for payment to individuals and HUF. (20% without valid PAN) |
| 194D | Insurance Commission | Rs. 15,000/- (from 1.6.2016) | 5% (20% without valid PAN) |
| 194DA | Payment under LIC including bonus | Rs. 1,00,000/- | 1% (20% without valid PAN) |
| 194E | Payment to non-resident sports person or sports association | At the time of payment or credit, whichever is earlier | 20% (20% without valid PAN) |
| 194F | Payment for repurchase of unit by Mutual Fund or UTI | At the time of payment or credit, whichever is earlier | 20% (20% without valid PAN) |
| 194G | Commission on sale of lottery tickets | Rs. 15,000/- (from 1.6.2016) | 5% (20% without valid PAN) |
| 194H | Commission or Brokerage | Rs. 15,000/- (from 1.6.2016) | 5% (20% without valid PAN) |
| 194I | Rent | Rs. 1,80,000/- | 10% for land, building or furniture; 2% for machinery, plant or equipment. (20% without valid PAN) |
| 194IA | Transfer of certain immovable property other than agricultural land | Rs. 50,00,000/- | 1% (20% without valid PAN) |
| 194IB | Rent payable by an individual or HUF not covered under Section 194I (w.e.f. 1.6.2017) | Rs. 50,000/- | 5% |
| 194IC | Payment of consideration (not being in kind) under development agreement or other similar agreement | No threshold limit | 10% (w.e.f. 1.4.2017) |
| 194J | Any sum paid for: (a) professional services; (b) technical services; (c) royalty; (d) remuneration / fee / commission to a director; (e) for not carrying out any activity in relation to a business; (f) for not sharing any know-how, patent, copyright etc. | Rs. 30,000/- | 10%; 2% for call center w.e.f. 1.6.2017. (20% without valid PAN) |
| 194LA | Payment of compensation on acquisition of capital assets | Rs. 2,50,000/- (from 1.6.2016) | 10% (20% without valid PAN) |
| 194LB | Payment of interest on infrastructure debt fund to non-resident or foreign company | - | 5% (20% without valid PAN) |
| 194LBA | Income from units of a business or trust | - | 10% (20% without valid PAN) |
| 194LBA | Income from units of a business or trust to non-resident | At the time of payment or credit, whichever is earlier | 5% (20% without valid PAN) |
| 194LBB | Investment fund paying income to a unit holder (except under section 10(23BB)) | At the time of payment or credit, whichever is earlier | 30% |
| 194LBC | Investment in securitization trust | Resident individual or HUF; Other residents; Non-resident companies; Non-resident non-companies | 25%; 30%; 40%; 30% |
| 194LC | Payment of interest by an Indian company or a business trust in respect of money borrowed in foreign currency under a loan agreement or by way of issue of long-term bonds (including long-term infrastructure bond) | - | 5% for borrowing made before 1st July 2020 |
| 194LD | Payment of interest on rupee denominated bond of an Indian company or Government securities to a Foreign Institutional Investor or a Qualified Foreign Investor | - | 5% + surcharge and education cess |
| 195 | Other Sums | - | Average rate |
| 196A | Foreign company unit holder of Mutual Fund | - | 10% companies; 20% others |
| 196B | Income from units to an offshore fund | - | 10% (20% without valid PAN) |
| 196C | Income from foreign currency bonds or GDR (including long-term capital gains on transfer of such bonds) (not being dividend) | - | 10% (20% without PAN) |
| 196D | Income of FIIs from securities | - | 20% (20% without PAN) |