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TDS Rate Chart FY 2025-26 — Complete TDS Rates for All Sections

Updated: 3 June 2026  |  Income Tax Act, 1961  |  FY 2025-26 (AY 2026-27)

For FY 2025-26, key TDS rates: salary (Sec 192): applicable slab rates; bank interest (Sec 194A): 10% if annual interest > ₹40,000 (₹50,000 for senior citizens); contractor (Sec 194C): 1% (individual/HUF) or 2% (others); professional fees (Sec 194J): 2% (technical services) or 10% (professional/royalty); rent (Sec 194I): 10% (land/building). Without PAN: TDS at 20% under Section 206AA.
20% NO PAN
TDS without PAN (Section 206AA): 20% or twice the applicable rate, whichever is higher
Always obtain payee PAN before payment. Non-deduction penalty: interest 1%/1.5% per month + disallowance of 30% of expense under Section 40(a)(ia).
Budget 2024-25 TDS changes apply from FY 2025-26: Section 194-IB TDS rate reduced to 2% (from 5%). Section 194-IA rate: 1% unchanged. Section 194O (e-commerce): 0.1% for seller (reduced from 1%). Section 194N (cash withdrawal): thresholds and rates unchanged. Always verify latest notification on incometax.gov.in.

TDS Rate Chart FY 2025-26 — All Major Sections

Section Nature of Payment Threshold Limit TDS Rate Effective From
192Salary incomeBasic exemption limitApplicable slab rateEach payment
192APremature PF withdrawal₹50,00010%Each payment
193Interest on securities₹10,000 (debentures)10%Each payment
194Dividend (domestic company)₹5,00010%Each payment
194AInterest from banks / post office₹40,000 (₹50,000 senior citizen)10%Annual
194AInterest from other sources (not bank)₹5,00010%Annual
194BLottery / puzzle / game winnings₹10,000 per transaction30%Each payment
194BBHorse race winnings₹10,00030%Each payment
194CPayment to contractor (individual/HUF)₹30,000 single / ₹1L aggregate1%Each payment
194CPayment to contractor (others)₹30,000 single / ₹1L aggregate2%Each payment
194DInsurance commission₹15,0005%Annual
194DALife insurance policy maturity proceeds₹1,00,0005%Each payment
194EPayment to non-resident sportsmen/entertainerNo threshold20%Each payment
194GCommission on lottery ticket sales₹15,0005%Annual
194HCommission or brokerage₹15,0005%Annual
194IRent — land, building, furniture₹2,40,000 per year10%Annual
194IRent — plant, machinery, equipment₹2,40,000 per year2%Annual
194-IATransfer of immovable property (buyer)₹50 lakh purchase price1%Each payment
194-IBRent by individual/HUF (monthly > ₹50K)Monthly rent > ₹50,0002%Annual / last month
194-ICJoint development agreement paymentNo threshold10%Each payment
194JProfessional fees / royalty₹30,00010%Annual
194JTechnical / call centre services₹30,0002%Annual
194KMF dividend / income from units₹5,00010%Each payment
194LACompensation on compulsory acquisition₹2,50,00010%Each payment
194LBADistribution from business trustNo threshold10% / 5%Each payment
194NCash withdrawal — bank> ₹1 crore (non-ITR filer: ₹20L)2% / 5%Annual
194OE-commerce operator — payment to seller₹5 lakh (individual seller)0.1%Each payment
194PSenior citizen above 75 (specified bank)Basic exemption limitSlab rateAnnual
194QPurchase of goods (buyer > ₹10Cr turnover)₹50 lakh annual0.1%Annual
194RBenefits / perquisites to business recipient₹20,00010%Annual
194SVDA / Crypto asset transfer₹10,000 (₹50,000 for specified persons)1%Each payment
195Payments to non-residents (other income)No threshold20% (or DTAA rate)Each payment
196AIncome of non-resident MF unitsNo threshold20%Each payment
196DIncome of foreign institutional investorsNo threshold20%Each payment
206AANo PAN furnished by deductee20% or 2× rate (higher)Each payment

Note: Rates above are base rates. Add applicable surcharge + 4% Health & Education Cess for TDS on non-residents. For residents, cess is not added on TDS. All rates are subject to amendment by Finance Act. Verify at incometax.gov.in for latest notifications.

TDS Payment & Filing Due Dates — FY 2025-26

Activity Due Date Form Penalty for Default
TDS deposit (April to February)7th of following monthChallan 281Interest 1.5% per month (late deposit)
TDS deposit (March)30 AprilChallan 281Interest 1.5% per month
TDS return Q1 (Apr–Jun)31 July24Q / 26Q / 27Q₹200/day up to TDS amount
TDS return Q2 (Jul–Sep)31 October24Q / 26Q / 27Q₹200/day up to TDS amount
TDS return Q3 (Oct–Dec)31 January24Q / 26Q / 27Q₹200/day up to TDS amount
TDS return Q4 (Jan–Mar)31 May24Q / 26Q / 27Q₹200/day up to TDS amount
TDS certificate to deductee (Salary)15 June (FY end)Form 16₹100/day under Sec 272A
TDS certificate (non-salary)15 days after return due dateForm 16A₹100/day under Sec 272A
Important for FY 2025-26: Section 194-IB TDS on rent was reduced from 5% to 2% effective 1 October 2024 (applicable fully for FY 2025-26). Section 194O e-commerce operator TDS reduced to 0.1% from 1% from October 2024. Threshold for 194A bank interest remains ₹40,000 (₹50,000 for senior citizens). Check Finance Act 2024 notifications for any further amendments.

Frequently Asked Questions

How can I get a lower TDS deduction certificate?
Under Section 197, any taxpayer who expects their total tax liability for the year to be lower than the TDS that would be deducted can apply for a nil or lower TDS deduction certificate. Apply on the income tax portal (incometax.gov.in) using Form 13 before the income is paid. The Assessing Officer will review and issue a certificate specifying the lower rate. The deductor must deduct TDS at the rate specified in the certificate, not the standard rate. The certificate is valid for one financial year. This is commonly used by people with large bank interest income, professional fees, or rent payments but low overall taxable income.
How is TDS deducted on payments to non-residents (Section 195)?
Under Section 195, any person making a payment to a non-resident (NRI or foreign company) that is chargeable to tax in India must deduct TDS. The rate is 20% (plus applicable surcharge and cess) on most income types. For royalties and FTS (Fees for Technical Services): 10%. DTAA (Double Taxation Avoidance Agreement) rates are often lower — the lower of DTAA rate or domestic law rate applies. The non-resident can apply for a lower/nil deduction certificate under Section 195(2) or Section 197. Without valid PAN, TDS is deducted at 20% or the applicable rate, whichever is higher, under Section 206AA.
How does the taxpayer claim credit for TDS deducted?
TDS credit is claimed when filing the Income Tax Return (ITR). The TDS deducted by the deductor appears in Form 26AS and AIS on the income tax portal. When filing the ITR, the taxpayer enters the TDS details (TAN of deductor, amount deducted, challan details). The tax computation then offsets the TDS amount against total tax liability. If TDS exceeds tax payable, the excess is a refund processed by the IT department directly to the bank account. Always reconcile your Form 26AS / AIS with TDS certificates (Form 16/16A) before filing to avoid mismatch notices under Section 143(1).
Is a TAN (Tax Deduction Account Number) mandatory for all TDS deductors?
TAN is mandatory for most TDS deductors — companies, firms, individuals/HUF with tax audit liability. However, individuals paying rent under Section 194-IB (monthly rent > ₹50,000) are exempt from obtaining a TAN — they use their own PAN to deposit TDS via Form 26QC. Similarly, individuals paying property purchase consideration under Section 194-IA (> ₹50 lakh) can use their PAN without TAN via Form 26QB. For all other TDS sections (192, 194C, 194J, 194H, etc.), TAN is compulsory. Penalty for non-compliance: ₹10,000 under Section 272BB for failure to obtain TAN.
Does TDS apply on advance payments to contractors or professionals?
Yes. TDS under Section 194C (contracts) and Section 194J (professional/technical fees) applies at the time of credit to the payee's account OR at the time of payment, whichever is earlier. If you book an advance payment to a contractor or professional, TDS must be deducted on the advance amount at the applicable rate (194C: 1%/2%, 194J: 2%/10%). The advance is "payment" for TDS purposes. If the contract is later cancelled, the deductor can claim refund of TDS already deposited. Non-deduction on advance payments can lead to disallowance of that expense under Section 40(a)(ia) and penalty proceedings.

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