12/13/2010 NEW TDS RATE 09-10 TDS RATE CHA…

TDS RATES 10-11 TDS TAX RATES 89(1) RELIEF KNOW YOUR? TALLY CHALLAN SALARY HOUSE PROP. EXCEL EBOOKS CAPITAL GAIN CALCULATOR

TDS RULES CHANGED FY 2010-11

Maximum 80 D Tax Benefits Policy that offers complete health cover & Tax Savings. Buy Online! ICICILombard.com/T
ITAX CALCULATOR 10-11
UK Tax Refunds Worked in the UK? Are you due a tax rebate? www.taxrebateservices.co.uk KNOW UR SERVICE TAX CODE
ADVANCE TAX CHALLAN 280
Tax Free Pension Plan Invest Rs.4200 pm & Get 72 Lac Return. Plan Your Retirement Now! PolicyBazaar.com/Retirem TDS-INCOME TAX RATES FY 10-11
INFRABONDS FAQ 80CCF
Ads by Google TDS Slabs Tax Calculator Rate Income Tax Tax Table

NEW TDS RATE 09-10 TDS RATE CHART I TDS RATE 10-11 I TCS RATES I LATEST SEARCH US KNOW WHAT WE HAVE
TDS RATES
Search
>> TUESDAY 15 SEPTEMBER 2009 Custom Search

TDS rates has been proposed to be changed by Finance Minister in Budget 2009 .Basically
following changes has been done in the TDS rates effective from 01.10.2009

1. No surcharge and cess on tax

deducted on non-salary payments
made to resident taxpayers.so now
onw ards(Tax should be deducted on
Basic rate only given in respective
section.No education cess or
Surcharge is to be deducted except in
the case of salary w here Tax should
be deducted after including the ICICILombard.com/Tax_Sav ings Ads by Google

Education cess.Surcharge on
individual and HUF assessee has
already been abolished for full year fy
2009-10. Free mail subscription

2. Basic TDS rates for section 194 C Enter your email address:

File online ITR-1 or ITR-2 FY 09-10 @Rs 119/- (Payment to contractors) and 194I
(payment of rent) has been changed Subscribe
(given in table) Delivered by FeedBurner

3. Section 194C has been replaced w ith new section with less ambiguities.(details
are available here (TDS ON JOB WORK U/S 194C AMENDED FROM 01.10.2009)
Quick and Easy Tax Estimator
4. The rate of TDS will be 20 per cent in all cases, if PAN is not quoted by the deductee w .e.f.
1.04.2010 Assessment year AY-2011-2012
Income of individual as*
Cut off Limit Has been proposed to be Increased in Finance Bill ,2010 presented on
Senior
26.02.2010 and applicable from 01.07.2010.
Male Female citizen
Rs. 0 Gross
Gross salary includes salary,

simpletaxindia.org/…/new-tds-rate-fy-… 1/7
12/13/2010 NEW TDS RATE 09-10 TDS RATE CHA… salary includes salary,
TDS(tax deducted at Source) Rate chart For Financial Year Salary * bonus, perquisites,
compensation etc
2010‐11
Rs. 0
TDS RULES 2010 CHANGED,FORM 16A QTRY ,LAST ETDS RETURN 24Q,26Q,27QBY MAY 15 Allowances exempt under
READ MORE FROM LINK Section 10
exemptions section 10 - are HRA,
Made To resident Threshhold Company,firm.CoHUF , Individual
(www.simpletaxindia.org)(downlaod op
this all charts) Society,Local
authority
MOST POPULAR POST
Section Nature of payments up to 30.06.10 wef 01.07.10
Rate in % ADVANCE TAX Challan 280 Excel/pdf
194A
Interest From Bank 10000 10000 10 10 HOW TO FILL ADVANCE TAX CHALLAN ITNS 280
194A
Other Interest 5000 5000 10 10 How to download old etds Fvu files
194B Direct Tax Code Bill 2012
Winning from Lotteries 5000 10000 30 30
194BB e FILING SITE REGISTRATION PROBLEM SOLUTION
winning from Horse races 2500 5000 30 30
194C Payment to Contractors , 20000(50000 in 30000 (75000 2 1 Penalty:Late Filing IT return Ay 10-11
Pay to Advt/Sub Contr , a year) IN year)
TDS Rates Financial Year 2010-11 Ay 11-12
Payment to Transportor
194D Interest Calculator u/s 234A,234B,234C
Insurance Commission 5000 20000 10 10
HOW TO TYPE NEW RUPEE SYMBOL
194H
Commission/Brokerage 2500 5000 10 10 New TDS rules 2010-11 Fy wef 01.04.2010
194I
Rent-property 120000 180000 10 10 TDS Calculator from 01.10.2010(fy 09-10)
194I
Rent-Plant / Machinery 120000 180000 2 2 TDS rates Without Pan @20 % (sec 206AA)
194J
Professional Fees 20000 30000 10 10 Know your Service Tax number
Note -1 For Section 194C Rs. 20000 for single payment & Rs. 50000/75000 for aggregate Payment Know All about Pan
during a financial year.
Free Pan Verification
Note -2 Payment Made to Transportor ,Tds is Not required If pan is provided By the Transportor
Note-3 Surcharge and Cess Is not applicable on tds from 01,04,2009 on any payment made to know your Pan status Tin-nsdl
resident.
Know your Pan applied through UTI
Note-4 If pan not provided by the deductee then rate as per above table or 20% which ever is higher is
know your Pan with name & DOB

How to apply duplicate pan card

simpletaxindia.org/…/new-tds-rate-fy-… 2/7
12/13/2010 NEW TDS RATE 09-10 TDS RATE CHA…
How to apply duplicate pan card
NEW TDS RATES FROM 01.10.2009 PASSED IN FINANCE ACT(2) 2009 PASSED
ON 19.08.2009 Income Tax 89(1) relief Calculator
TAX RATE AFTER BUDGET 2010 CUT OFF CHAGES FROM 01.07.10 IN TDS HRA calculator (house rent allownace)
FOR INDIVIDUAL,HUF,SR CITIZEN RATE
Income Tax calculator Fy 2010-11(salaried)
Particulars NEW TDS RATES%
Free Excel software for all IT challan
Section Nature of Payment CUT OFF AMOUNT IND L/HUF OTHER

194A Interest from a Rs. 10,000/- p.a 10.00

Banking Company POPULAR POSTS
194A Interest other than Rs. 5,000/- p.a 10.00
TDS RATES 10-11 TDS
from a Banking Co.
194C Payment to sub- Rs.20,000/- per 1.00 2.00 RATE CHART 10-11 TCS

contrctor/Advertisemen c ontrac t or Rs. RATE CHART INCOME TAX

contracts 50,000/- p.a RATES
194C other Contractors Rs.20,000/- per 1.00 2.00
c ontrac t or Rs. KNOW YOUR PAN,VERIFY
50,000/- p.a PAN,NAME BY PAN,PAN
194C transport contractors engaged in business of Nil * CARD STATUS ONLINE
plying, hiring or leasing goods carriages.
INCOME TAX
194H Commission or Rs. 2,500/- p.a 10.00 CALCULATOR AFTER
Brokerage BUDGET 2010 FY 2010-11
194I Rent other than Plant, Rs. 1,20,000/- p.a 10.00 AY 2011-12
Mach.& Eqp.
194I Rent of Plant , Rs. 1,20,000/- p.a 2.00 INCOME TAX

Machinery & CALCULATOR 2010-11

Equipments SALARIED INDIVIDUALS
194J Professional Charges Rs.20,000/-p.a 10.00
* The nil rate will be applicable if the transporter quotes his PAN. If PAN is CHALLAN FORM EXCEL
not quoted the rate will be 1% for an individual/ HUF transporter and 2% for FREE 280-281-282-283-
other transporters upto 31.3.2010 FREE UTILITY/SOFTWARE
** The rate of TDS will be 20 per cent in all cases, if PAN is not quoted by the
deductee w.e.f. 1.04.2010 KNOW DEALERS DETAIL

No surcharge and cess is to be added from 01.04.2009 on tax deducted on BY TIN (VAT) NUMBER OR
non-salary payments made to resident taxpayers. It means that surcharges BY NAME
& cess is not be included in basic TDS rates various situation are tabulated
in table given below
HRA CALCULATOR
VARIOUS SITUATION SURCHARGE CESS APPLICABILITY
(EXEMPTION -HOW TO
STATUS PAYMENT SUR CESS
CHARGE CALCULATE)

Resident Corporate Other than Salaries N N KNOW YOUR SERVICE

Resident Non-corporate Other than Salaries N N TAX NUMBER /CODE
Resident Non- Corporate Salaries N Y
Non- Corporate <= 1 crore N Y CHECK YOUR INCOME TAX
Resident
REFUND STATUS ONLINE
Non- Corporate > 1 crore Y Y
Resident
Non- Non-Corporate NEW TDS RATE 09-10 TDS
N Y
Resident RATE CHART I TDS RATE
http://taxclubindia.com/NEWS/2009/09/tds-rates-2009-10-changes-in-tds-rates/
10-11 I TCS RATES I
http://w w w .simpletaxindia.org/2009/07/new -tds-rate-fy-09-10-after-budget.html
LATEST TDS RATES
TCS RATES FOR FINANCIAL YEAR 2009-10
Particulars TCS RATES%
Section Nature of Payment CUT OFF AMOUNT IND L/HUF OTHER
206C Scrap - 1.00% 1.00%
206C Tendu Leaves - 5.00% 5.00%
206C Timber obtained under - 2.50% 2.50%
a forest lease or other
mode
206C Any other forest - 2.50% 2.50%
produce not being a
Timber or tendu leave
206C Alcoholic Liquor for - 1.00% 1.00%
Human Consumption
206C Paking lot, toll plaza, - 2.00% 2.00%
mining & quarrying

Download TDS rate Charts 01.04.2009 to 30.09.209 and 01.10.209 to 31.03.2010 in

PDF formatcheck TDS calculator after 1.10.2009

simpletaxindia.org/…/new-tds-rate-fy-… 3/7
12/13/2010 NEW TDS RATE 09-10 TDS RATE CHA…
NEW TDS RATES FROM 01.10.2009 PASSED IN FINANCE ACT(2) 2009
PASSED ON 19.08.2009
Particulars Rates in %
Section Nature of Payment Criteria for Payment to payment to
Deduction Individual. other
(payment in Or HUF
excess of)
194A Rs. 10,000/-
Interest from a 10.00
Banking Company p.a
194A Interest other than Rs. 5,000/- p.a
10.00
from a Banking Co.
194C Contractors, Rs.20,000/-
1.00 1.00
(Advertising per contract or
Contracts) & Rs. 50,000/-
payment to sub- p.a
contrctor
194C Contractors & CF Rs.20,000/-
2.00 2.00
Agents (Others) per contract or
Rs. 50,000/-
p.a
194H Commission or Rs. 2,500/- p.a
10.00 10.00
Brokerage
194I Rs. 1,20,000/-
Rent other than 15.00 20.00
Plant, Mach.& Eqp. p.a
194I Rs. 1,20,000/-
Rent of Plant , 10.00 10.00
Machinery & p.a
Equipments
194J Professional Rs.20,000/-p.a
10.00 10.00
Charges
No surcharge and cess is to be added from 01.04.2009 on tax deducted
on non-salary payments made to resident taxpayers.Various situation
according to status of deductee has been given in table below
http://taxclubindia.com/NEWS/2009/09/tds-rates-2009-10-changes-in-tds-rates/
http://w w w .simpletaxindia.org/2009/07/new -tds-rate-fy-09-10-after-budget.html

check TDS calculator after 1.10.2009

Download TDS rate Charts 01.04.2009 to 30.09.209 and 01.10.209 to 31.03.2010 in
PDF format

In which cases surcharge on TDS rates is NOT applicable ?

• On all payment to residents
• On all payment to non-corporate non-residents
• On all payments to foreign corporate if total payment is less than 1 Crore
In w hich cases surcharge on TDS rates is applicable ?
• On all payments to foreign corporate if total payment is more than 1 Crore
In w hich cases Education Cess, Secondary and Higher Education Cess is NOT applicable ?
• On all payments to residents except salaries payment
In w hich cases Education Cess, Secondary and Higher Education Cess is applicable ?
• On salaries
• On all payment to non-residents and foreign companies
Tags:tds rate chart,tds rates fy 2009-10,tds rates ay 2010-11,tds calculator,tds deduction
rate
revised tds rates,tds challan,tds rate contractors,Tds rates,tds rates 09-10,new tds rates,tds
rate chart,tds rate chart 09-10,tds rate,new tds rate chart,tds on rent,tds chart 09-10,new tds
rates 09-10,
If you have any point in your mind regarding above then use comment section given below.

1. check TDS calculator after 1.10.2009

2. Download TDS rate Charts 01.04.2009 to 30.09.209 and 01.10.209 to 31.03.2010

and fy 2010-11 with income tax rates for individual and HUF in PDF format

3. Download Direct tax changes in Budget Section wise with Date of Effect PDF

4. Download Tax slabs for Individual & Huf for 2009-10 FY after Budget

5. Tax Calculator for Individual & HUFonline after Budget fy 2009-10

6. Read TDS Rate Applicability : Frequently Asked Questions

7. TDS ON JOB WORK U/S 194C AMENDED FROM 01.10.2009 read details from this
link

simpletaxindia.org/…/new-tds-rate-fy-… 4/7
12/13/2010 NEW TDS RATE 09-10 TDS RATE CHA…
8. Cut off Limit Has been Increased in budget and applicable from 01.07.2010.

Share Share 12 0 Like 20

Echo 345 Items Admin

rawanthegreatjustdoit@yahoo.co.in
i want to know that tds to be deducted from contractors & professionals services ,commission but surcharge
&ecess not deducted on what limit and also w.e.d.
regards
joshi
Saturday, August 15, 2009, 13:08:53 – Like – Reply
Liked by 2 Guests

RAJABABU

As per new budget proposal surcharge & cess is not to be included while deducting tax from payment
except in case of salay ,where cess remains applicable.These provisions are applicable from
01.04.2009.

Remember the budget is yet to be passed and presently its a bill and not act .But neverthe less its
99.99 % chance that this provision may not be changed while passing the bill in parliament .Lok
sabha has already approved the above clause.so in my view we should deduct TDS without surchage
in case of residents except in case of salary paymet
Saturday, August 15, 2009, 13:21:12 – Like – Reply
Liked by RAJABABU Guest

RAJABABU

TDS should be deducted from residents without surcharge and CESS w.e.f 01.04.2009 except in
case of salary where cess is to be included
Saturday, August 15, 2009, 13:32:39 – Like – Reply
Liked by 2 Guests

Guest
limit are same
Saturday, September 12, 2009, 17:55:34 – Like – Reply

sandeep kumar
Hi Dear,

I do have a bit differ opnion on this..I think you should deduct surcharge, reason behind is this, that
if Surcharge may be abolished then you no problem (becuase u have deduct excess TDS & there is
no peanlity on this), but if in any case surcharge may not be abloished, even then you should be on
safer side & It will be bit hectic for you to recover the surcharge from your client then. Hope
Rajababu may agree with this.

regards
sandeep
Friday, November 06, 2009, 15:28:30 – Like – Reply

RAJABABU

Not agree with ur opinion .As it is very much clear surcharge and cess has been abolished as per part
II of the Finance act 2009 (2).Further in finance act there is nothing mentioned about the date of
the applicability ,so it is applicable from 01.04.2009
Friday, November 06, 2009, 18:57:54 – Like – Reply

R.Subramanian
What is rate of TDS towards the rent payable to a Trust?
Wednesday, August 19, 2009, 16:29:25 – Like – Reply
Liked by Guest

RAJABABU

The rate is 20% upto 30.09.2009 AND AFTER THAT from 1.10.2009 10 %(for land ,building or
furniture)
Wednesday, August 19, 2009, 17:30:18 – Like – Reply

Guest
what are the tds rates for payment belongs to the bill for april to september & from october onwards what
are the changes?
Thursday, August 20, 2009, 15:48:06 – Like – Reply
Liked by 2 Guests

simpletaxindia.org/…/new-tds-rate-fy-… 5/7
12/13/2010 NEW TDS RATE 09-10 TDS RATE CHA…
RAJABABU

Rates are already shown above ,rate applicable at the time of credit given to contractor or payment
given to contractor as the case may be ,will be applicable .Bill date is not important rather date of
credit in contractor or date of payment is more important
Thursday, August 20, 2009, 17:55:58 – Like – Reply
Liked by Guest

Guest
Please explain,sir

on non-salary payments made to resident taxpayers

Friday, August 21, 2009, 08:04:05 – Like – Reply

RAJABABU

It means that Surcharges & cess is not be included in basic TDS rates ,while deduction tds , in case of
payments to resident person/domestic company only .So in case of payment to Non resident and
non -omestic company surcharge and Cess is also to be included while calculating TDS amount
Friday, August 21, 2009, 08:20:19 – Like – Reply

Guest
I am pleased to visit the site, it is very very informative, can you inform me the following querry

As an exporter , i have to pay agency commission to my foreign broker , should I deduct TDS ? if yes , how
much.
Friday, August 21, 2009, 15:31:39 – Like – Reply

RAJABABU
this all depends upon various fact in a given case ,A detailed reply is already awailable at the
following Link.We have to check one basic thing "whether broker is liable to pay tax in india on this
commission means commission paid is taxable in his had, if yes, then tds is deductible if no then no
tds is required to be deducted.....Read post given at below link for details .this has been posted by
my Friend "taxworry"

http://www.taxworry.com/2007/12/when-is-tds-required-on-payment-to-non.html
Friday, August 21, 2009, 16:06:24 – Like – Reply

RAHUL
AT THAT TIME U CAN DEDUCT TDS AS A CONTRACTOR
Friday, April 16, 2010, 16:16:13 – Like – Reply

< Prev 1 2 3 … 22 23 Next >

Social Networking by Echo

Login Your name (required)

Share This Page

W hat's on your m ind...

Add images Follow Cancel Post

Labels: (TDS)2007-08, BUDGET 2009, challan 281, change in tds rates in budget, e payment of tds,
new tds rates fy 2009-10, tds calculations, tds calculator, tds rate after budget, tds rates 09-10 FY

Post a Comment

simpletaxindia.org/…/new-tds-rate-fy-… 6/7