TDS Rate & Threshold Finder Calculator

TDS Rate & Threshold Finder Calculator Tax Deducted at Source (TDS) Rates & Statutory Thresholds Tax Deducted at Source (TDS) under Chapter XVII-B of the Income-tax Act, 1961 is a mechanism to collect income tax at the very point of origin of income. Deductors must deduct the statutory percentage before remitting payments to contractors, professionals, landlords, or employees. Common Commercial TDS Sections & Thresholds Section Nature of Payment Exemption Threshold Standard TDS Rate 194C Payments to Contractors / Sub-contractors ₹30,000 single / ₹1,00,000 aggregate 1% (Ind/HUF) / 2% (Others) 194J Fees for Professional Services / Royalty ₹30,000 per financial year 10% (Prof.) / 2% (Technical) 194I(a) Rent […] Read Full Article: TDS Rate & Threshold Finder Calculator