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TDS Rate Chart · FY 2025-26 · AY 2026-27

TDS Rate Chart FY 2025-26
Every Section, Rate & Threshold

The complete FY 2025-26 (AY 2026-27) TDS rate chart with the Budget 2025 threshold changes, no-PAN 20% rule, deposit and return due dates — for salary, contractors, professionals, rent, interest and more.

Updated for Budget 2025 Income-tax Act 1961 · verified CA-reviewed
30+TDS sections
20%No PAN · 206AA
7thMonthly deposit
₹200/dayLate-filing fee
Quick Answer

For FY 2025-26 (AY 2026-27), the most-used TDS rates are: salary (192) at slab rates; contractor (194C) 1% (individual/HUF) or 2% (others); professional fees (194J) 10%, technical 2% (threshold raised to ₹50,000); rent of land/building (194I) 10% (annual threshold raised to ₹6,00,000); bank interest (194A) 10%; commission (194H) 2%. If the payee gives no PAN, deduct 20% under Section 206AA. Sections 206AB / 206CCA (higher rate for non-filers) were omitted from 1 April 2025.

Contractor 194C 1% / 2%
Professional 194J 2% / 10%
Rent 194I 10%
No PAN 206AA 20%
The full chart

TDS Rate Chart FY 2025-26 — All Major Sections

Section-wise TDS rates and threshold limits for FY 2025-26 (AY 2026-27), incorporating the Budget 2025 changes. For residents, no surcharge or cess is added on TDS; on payments to non-residents under Section 195, add applicable surcharge and 4% cess.

SectionNature of paymentThreshold (FY 2025-26)TDS rate
192SalaryBasic exemption limitSlab rate
192APremature EPF withdrawal₹50,00010%
193Interest on securities₹10,00010%
194Dividend (domestic company)₹10,00010%
194ABank / post-office interest₹50,000 (₹1,00,000 senior citizen)10%
194AInterest — other than bank₹10,00010%
194BLottery / game winnings₹10,000 per transaction30%
194BBHorse-race winnings₹10,00030%
194CContractor — individual / HUF₹30,000 single / ₹1,00,000 FY1%
194CContractor — others₹30,000 single / ₹1,00,000 FY2%
194DInsurance commission₹20,0005% / 10%
194DALife-insurance maturity₹1,00,0002%
194HCommission / brokerage₹20,0002%
194IRent — land / building / furniture₹6,00,000 per year10%
194IRent — plant & machinery₹6,00,000 per year2%
194-IATransfer of immovable property₹50,00,0001%
194-IBRent by individual / HUF (not audited)> ₹50,000 per month2%
194-ICJoint development agreementNo threshold10%
194JProfessional fees / royalty₹50,00010%
194JTechnical / call-centre services₹50,0002%
194KMutual-fund / units income₹10,00010%
194LACompensation on land acquisition₹5,00,00010%
194NCash withdrawal> ₹1 crore (non-filer > ₹20L)2% / 5%
194OE-commerce operator → seller₹5,00,000 (individual/HUF seller)0.1%
194QPurchase of goods (buyer > ₹10Cr t/o)₹50,00,0000.1%
194RBenefit / perquisite to business₹20,00010%
194SVirtual digital asset (crypto)₹50,000 (₹10,000 others)1%
194TPartner remuneration / interest₹20,00010%
195Payments to non-residentsNo thresholdRate + DTAA
206AAPayee furnishes no PAN20%

Base rates only. For residents no surcharge/cess is added on TDS; add surcharge + 4% cess for non-residents (Sec 195). Section 194T is new from 1 April 2025. Always verify the latest notification at incometax.gov.in.

No PAN = 20% under Section 206AA

If the deductee does not furnish a valid PAN, TDS must be deducted at 20% (or twice the applicable rate, whichever is higher) under Section 206AA. Since Sections 206AB and 206CCA were omitted from 1 April 2025, you no longer check a payee's return-filing status — only the PAN-based 20% rate now applies.

What changed

Budget 2025 TDS Changes for FY 2025-26

The Finance Act 2025 revised several TDS thresholds and rates with effect from 1 April 2025. The headline changes deductors must apply this year:

SectionChangeFromTo
194JProfessional / technical fee threshold₹30,000₹50,000
194IRent — annual threshold₹2,40,000₹6,00,000
194ABank interest — senior citizen₹50,000₹1,00,000
194AInterest — other than bank₹5,000₹10,000
194HCommission / brokerage threshold₹15,000₹20,000
194DInsurance-commission threshold₹15,000₹20,000
194LALand-acquisition compensation₹2,50,000₹5,00,000
194TTDS on partner remuneration (new)10% > ₹20,000
206AB / 206CCAHigher rate for non-filersIn forceOmitted
206C(1H)TCS on sale of goods0.1%Omitted

194H and 194-IB rates were already reduced to 2% (from 5%) w.e.f 1 October 2024 and apply fully for FY 2025-26.

TaxClue Insight — new Section 194T for firms & LLPs

From 1 April 2025, firms and LLPs must deduct 10% TDS under Section 194T on salary, remuneration, bonus, commission or interest paid to a partner once the annual total exceeds ₹20,000. Earlier, no TDS applied on partner payments. Partnership firms should obtain a TAN if they do not already have one.

Unsure which revised threshold applies to your payments? Get your TDS position reviewed.

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Deposit & filing

TDS Deposit & Return Due Dates FY 2025-26

TDS deducted in a month must be deposited by the 7th of the next month (for March, by 30 April). Quarterly TDS returns are filed in Form 24Q (salary) and Form 26Q (non-salary residents); Form 27Q covers non-resident payments.

ActivityDue dateFormDefault penalty
TDS deposit (Apr–Feb)7th of following monthChallan 281Interest 1.5% p.m.
TDS deposit (March)30 AprilChallan 281Interest 1.5% p.m.
Return Q1 (Apr–Jun)31 July24Q / 26Q / 27Q₹200/day u/s 234E
Return Q2 (Jul–Sep)31 October24Q / 26Q / 27Q₹200/day u/s 234E
Return Q3 (Oct–Dec)31 January24Q / 26Q / 27Q₹200/day u/s 234E
Return Q4 (Jan–Mar)31 May24Q / 26Q / 27Q₹200/day u/s 234E
Form 16 (salary certificate)15 JuneForm 16₹100/day u/s 272A
Form 16A (non-salary)15 days after return due dateForm 16A₹100/day u/s 272A

A worked example — deducting TDS on a ₹2,00,000 professional-fee and a ₹2,00,000 contractor bill:

10% Professional fee (194J) — ₹2,00,000

Fee (ex-GST)₹2,00,000
TDS @ 10%₹20,000
Net paid to professional₹1,80,000

2% Company contractor (194C) — ₹2,00,000

Contract value (ex-GST)₹2,00,000
TDS @ 2%₹4,000
Net paid to contractor₹1,96,000
Deductor deductsAt credit or payment, whichever earlier
Deposit challanBy 7th of next month (Challan 281)
File quarterly return24Q / 26Q / 27Q
Appears in 26AS / AISDeductee claims TDS credit in ITR
Stay compliant

TDS Compliance Checklist FY 2025-26

The core steps every deductor must complete to stay clear of interest, late-fee and disallowance. TDS is deducted on the value excluding GST where GST is shown separately (CBDT Circular 23/2017).

  • Obtain a TAN before deducting TDS
  • Collect a valid PAN from every payee (else 20% u/s 206AA)
  • Deduct at credit or payment, whichever is earlier
  • Deposit challan by the 7th of the next month
  • File Form 24Q / 26Q / 27Q every quarter
  • Issue Form 16 / 16A to deductees on time
  • Reconcile deducted TDS with Form 26AS / AIS
Cost of getting TDS wrong

Non-deduction or non-payment leads to 30% expense disallowance under Section 40(a)(ia), interest of 1% p.m. (non-deduction) or 1.5% p.m. (non-payment) under Section 201, and a ₹200/day late-filing fee under Section 234E. Deduct on advances too — the trigger is credit or payment, whichever is earlier.

Filing Form 26Q or 24Q this quarter? Let TaxClue handle deposit, return and Form 16A.

Get TDS Return Filing →
Government sourcesTDS rates & provisions: incometax.gov.in — Income-tax Act 1961 · Budget 2025 / Finance Act 2025 — threshold changes eff. 1 Apr 2025 · GST exclusion on TDS: CBDT Circular 23/2017 · 206AB, 206CCA & 206C(1H) omitted — Finance Act 2025 (eff. 1 Apr 2025)
People also ask

TDS Rate Chart FY 2025-26 — Frequently Asked Questions

Rates & Thresholds
What are the main TDS rates for FY 2025-26?
For FY 2025-26 (AY 2026-27): salary (192) at slab rates; contractor (194C) 1% for individual/HUF and 2% for others; professional fees (194J) 10% and technical services 2%; rent of land/building (194I) 10% and plant & machinery 2%; bank interest (194A) 10%; commission/brokerage (194H) 2%; dividend (194) 10%. Where the payee gives no PAN, TDS is 20% under Section 206AA. For residents there is no surcharge or cess on TDS.
What TDS thresholds changed in Budget 2025?
Effective 1 April 2025: the Section 194J professional/technical fee threshold rose from ₹30,000 to ₹50,000; the Section 194I rent threshold rose from ₹2,40,000 to ₹6,00,000 a year; the Section 194A senior-citizen bank-interest threshold rose from ₹50,000 to ₹1,00,000 and the non-bank interest threshold from ₹5,000 to ₹10,000; Section 194H and 194D thresholds rose to ₹20,000; and Section 194LA compensation threshold rose to ₹5,00,000.
What is the TDS rate on contractor payments under Section 194C?
Section 194C TDS is 1% where the contractor is an individual or HUF and 2% for all other payees (company, firm, LLP, AOP/BOI). No TDS applies if a single payment is ₹30,000 or less and the aggregate to that contractor in the year stays at or below ₹1,00,000. Once either limit is crossed, deduct on all payments to that contractor.
What is the TDS rate under Section 194J for professional and technical fees?
Section 194J TDS is 10% on professional fees and royalty and 2% on technical services and call-centre payments. From 1 April 2025 the threshold was raised to ₹50,000 a year (from ₹30,000), so no TDS applies below that.
What is the TDS rate on rent for FY 2025-26?
Under Section 194I, TDS on rent is 10% for land, building and furniture, and 2% for plant and machinery. From 1 April 2025 the annual threshold was raised from ₹2,40,000 to ₹6,00,000. Separately, an individual/HUF not liable to tax audit deducts 2% under Section 194-IB when monthly rent exceeds ₹50,000, using PAN via Form 26QC (no TAN needed).
What is the TDS on commission or brokerage under Section 194H?
Section 194H TDS on commission or brokerage is 2% (reduced from 5% with effect from 1 October 2024). The threshold was raised to ₹20,000 a year from 1 April 2025. It does not apply to insurance commission (194D) or brokerage on securities.
No PAN & Non-filers
What is the TDS rate if the payee has no PAN?
If the deductee does not furnish a valid PAN, TDS is deducted at 20%, or twice the applicable rate, whichever is higher, under Section 206AA. For most sections this means 20% instead of the normal 1%–10%. Always collect PAN before making payment.
Do I still deduct higher TDS for non-filers under Section 206AB?
No. Sections 206AB and 206CCA, which imposed a higher TDS/TCS rate on people who had not filed income-tax returns, were omitted with effect from 1 April 2025. For FY 2025-26 you no longer run a return-filing-status check; only the PAN-based 20% rate under Section 206AA applies.
Is TDS deducted on the amount including GST?
No. Where GST is shown separately on the invoice, TDS is deducted only on the value of the goods or services excluding the GST component, as clarified by CBDT Circular 23/2017. If GST is not shown separately, TDS is deducted on the whole invoice value.
New Sections
What is the new Section 194T introduced in Budget 2025?
Section 194T, effective 1 April 2025, requires a firm or LLP to deduct 10% TDS on salary, remuneration, bonus, commission or interest paid to a partner once the annual total exceeds ₹20,000. Earlier such partner payments had no TDS, so firms and LLPs should obtain a TAN and start deducting from FY 2025-26.
Has TCS on sale of goods under Section 206C(1H) been removed?
Yes. Section 206C(1H), which required a seller with turnover above ₹10 crore to collect 0.1% TCS on sale of goods above ₹50 lakh, was omitted with effect from 1 April 2025 to remove the overlap with TDS on purchase of goods under Section 194Q. Sellers no longer collect TCS under 206C(1H) for FY 2025-26.
Compliance & Due Dates
By when must TDS be deposited and returns filed?
TDS deducted in a month must be deposited by the 7th of the next month (for March, by 30 April). Quarterly TDS returns (Form 24Q for salary, 26Q for non-salary residents, 27Q for non-residents) are due 31 July, 31 October, 31 January and 31 May. Late deposit attracts interest at 1.5% per month under Section 201; late filing attracts a ₹200/day fee under Section 234E.
When is TDS deducted — on payment or on credit?
TDS is deducted at the time of credit to the payee's account or at the time of payment, whichever is earlier. This means TDS applies on advances too — you cannot defer it to final settlement. Missing this can lead to 30% expense disallowance under Section 40(a)(ia) and interest under Section 201.
Is a TAN mandatory to deduct TDS?
Yes, for almost all sections. TAN is compulsory for companies, firms and audited individuals/HUFs. The exceptions are Section 194-IA (property purchase ≥ ₹50 lakh, via Form 26QB) and Section 194-IB (rent above ₹50,000/month, via Form 26QC), where an individual buyer/tenant can use their own PAN instead of a TAN. Failure to obtain TAN attracts a ₹10,000 penalty under Section 272BB.
How does the deductee claim credit for TDS deducted?
TDS credit is claimed when filing the Income Tax Return. The TDS deducted appears in Form 26AS and AIS on the income-tax portal. In the ITR the taxpayer enters the TDS details, which offset total tax liability; any excess is refunded. Always reconcile Form 26AS / AIS with your TDS certificates (Form 16/16A) before filing to avoid mismatch notices under Section 143(1).
How can I get a lower or nil TDS deduction certificate?
Under Section 197, a taxpayer who expects their total tax liability to be lower than the TDS otherwise deductible can apply on the income-tax portal using Form 13 before the income is paid. The Assessing Officer issues a certificate specifying a lower or nil rate, valid for the financial year, and the deductor must deduct at that rate. It is common for those with large interest, rent or professional income but low overall taxable income.
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