Nature of PaymentBasic Cut-off LimitTDS Rates
192A- Premature withdrawal from Employee PF50,00010%
193 – Interest on securities2,50010%
194 – Dividend5,00010%
194A – Interest Banks Time deposits, Recurring deposit40,000  

50,000 (Senior Citizens)
10%
194C- Payment to Contractor – Single Transaction30,000Individual/HUF: 1% Others: 2%
194C-Payment to Contractor – Aggregate During the Financial year1,00,000Individual/HUF: 1% Others: 2%
194C- Contract – Transporter not covered under 44AE30,000 / 1,00,000Individual/HUF: 1% Others: 2%
194C- Contract – Transporter covered under 44AE & submit declaration with PAN
194D – Insurance Commission15,0005%
194DA Payment in respect of LIC1,00,0005%
194H – Commission / Brokerage15,0005%
194I – Rent – Land and Building – furniture – fittings2,40,00010%
194I – Rent – Plant / Machinery / equipment2,40,0002%
194IA -Transfer of immovable property other than rural agriculture land50,00,0001%
194J –Fees for technical services30,0002%
194J – Professional Fees30,00010%
194Q- Purchase of goods50,00,0000.1%

See TDS rate chart for the previous financial year…

Complete TDS rate chart for 2021-22
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