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Structure (Cos Act, 2013) Cost Inflation Index IFSC Codes MICR Codes Rates of NSC Interest Gold and Silver Rates Rates of Stamp Duty LLP Fees National Industries Classification HSN Rate List Deduction u/s 80TTA Vs 80TTB Links Quick Links Important Links GST/VAT Links Ease Of Doing Business Acts Direct Tax Income Tax Act Wealth Tax Act Income Declaration Scheme 2016 Direct Tax Vivad Se Vishwas Scheme Indirect Tax Service Tax(Finance Act, 1994) Central Sales Tax Act, 1956 The Central Excise Act, 1944 Customs Act, 1962 Entry Tax Act Corporate Laws Companies Act, 2013 Companies Act, 1956 LLP ACT SEBI Act, 1992 Company Secretaries Act, 1980 VAT Laws Delhi Value Added Tax Act, 2004 MVAT Act, 2002 West Bengal VAT Act, 2003 Tamilnadu VAT ACT, 2006 Karnataka Value Added Tax Act, 2003 Gujarat Value Added Tax Act, 2003 UP VAT Act, 2008 Rajasthan Value Added Tax Act, 2003 Punjab Value Added Tax Act Haryana Value Added Tax Act Telangana VAT Act 2005 Andhra Pradesh VAT Act, 2005 Bihar Value Added Tax Act, 2005 Other Statutes ESI Act, 1948 PF Act, 1952 Profession Tax Act The Indian Partnership Act, 1932 Societies Registration Act, 1860 Competition Act, 2002 Reserve Bank of India Act, 1934 MRTP Act, 1969 Equalisation Levy Act, 2016 Right To Information Act, 2005 FEMA, 1999 Maharashtra RERA RERA, 2016 Insolvency & Bankruptcy Code, 2016 Benami Property Act 1988 GST Laws IGST Act , 2017 Rules Direct Tax Rules Income Tax Rules Wealth Tax Rules 1957 Income Declaration Scheme Rules 2016 Indirect Tax Rules GST Valuation Rules , 2016 Service Tax Rules CST (Delhi) Rules, 2005 CST (Maharashtra) Rules Customs Valuation Rules Cenvat Credit Rules, 2017 Entry Tax Rules Corporate Laws Rules Companies Rules, 2014 LLP Rules, 2009 LLP Winding up Rules, 2012 Cos Unpaid Dividend Rules, 1978 VAT Laws Rules Delhi VAT Rules, 2005 Maharashtra VAT Rules, 2005 West Bengal VAT Rules, 2005 Tamilnadu VAT Rules, 2007 Karnataka VAT Rules, 2005 Gujarat VAT Rules, 2006 Uttar Pradesh VAT Rules, 2008 Rajasthan VAT Rules, 2006 Punjab VAT Rules Haryana VAT Rules, 2003 Telangana VAT Rules 2005 Andhra Pradesh VAT Rules, 2005 Bihar Value Added Tax Rules, 2005 Other Statutes Profession Tax Rules NBFC Deposits Directions, 1998 NBFC & Misc NBC (Advt) Rules, 1977 NBFC Auditor Report Directions, 2008 Delhi Labour Welfare Fund Rules, 1997 Cost records and audit Rules, 2014 Baggage Rules, 2016 Equalisation Levy Rules, 2016 NCLT And NCLAT Rules Insolvency & Bankruptcy Rules Benami Property Rules, 2016 GST Rules CGST Rules, 2017 IGST Rules 2017 Forms Income Tax Forms ROC Forms (Cos Act, 2013) ROC Forms (Cos Act, 1956) Income Declaration Forms Wealth Tax Forms Service Tax Forms Companies Unpaid Dividend Forms NBFCs Forms LLP Winding up FEMA Forms LLP Forms CGST Forms GST Forms Accounts and Records Advance Ruling Appeals and Revision Assessment and Audit Composition Demands and Recovery Input Tax Credit Inspection, Search and Seizure Offences and Penalties Payment of Tax Refund Registration Returns Transitional Provisions Value of Supply Knowledge Bank Calculators Calculate Net Profit Calculate Net Worth Effective Capital HRA NSC EMI Auto Loan Calculator Home Loan Calculator Get No. Of Installment RERA Calculator Developers Calculator Home Buyer Delay Interest Home Buyer Refund Bulletins RBI SEBI Notification Circular Income Tax Service Tax Central Sales Tax Excise Matters Customs Company Law Labour Laws FEMA The LLP Act 2008 Accounting Standard (INDAS) Others GST VAT Delhi VAT Maharastra VAT Gujarat VAT Telangana VAT Tamil Nadu VAT IGST UTGST Compensation Cess IBC Regulation Utilities Rates of TDS TDS Rates for N.R.I us 195 Rates of Income Tax Depreciation Rates Companies Act Depreciation Rates Income Tax Act ROC Filing Fees (Cos Act, 2013) ROC Fee Structure (Cos Act, 2013) Cost Inflation Index IFSC Codes MICR Codes Rates of NSC Interest Gold and Silver Rates Rates of Stamp Duty LLP Fees National Industries Classification HSN Rate List Deduction u/s 80TTA Vs 80TTB Links Quick Links Important Links GST/VAT Links Ease Of Doing Business Acts Direct Tax Income Tax Act Wealth Tax Act Income Declaration Scheme 2016 Direct Tax Vivad Se Vishwas Scheme Indirect Tax Service Tax(Finance Act, 1994) Central Sales Tax Act, 1956 The Central Excise Act, 1944 Customs Act, 1962 Entry Tax Act Corporate Laws Companies Act, 2013 Companies Act, 1956 LLP ACT SEBI Act, 1992 Company Secretaries Act, 1980 VAT Laws Delhi Value Added Tax Act, 2004 MVAT Act, 2002 West Bengal VAT Act, 2003 Tamilnadu VAT ACT, 2006 Karnataka Value Added Tax Act, 2003 Gujarat Value Added Tax Act, 2003 UP VAT Act, 2008 Rajasthan Value Added Tax Act, 2003 Punjab Value Added Tax Act Haryana Value Added Tax Act Telangana VAT Act 2005 Andhra Pradesh VAT Act, 2005 Bihar Value Added Tax Act, 2005 Other Statutes ESI Act, 1948 PF Act, 1952 Profession Tax Act The Indian Partnership Act, 1932 Societies Registration Act, 1860 Competition Act, 2002 Reserve Bank of India Act, 1934 MRTP Act, 1969 Equalisation Levy Act, 2016 Right To Information Act, 2005 FEMA, 1999 Maharashtra RERA RERA, 2016 Insolvency & Bankruptcy Code, 2016 Benami Property Act 1988 GST Laws IGST Act , 2017 Rules Direct Tax Rules Income Tax Rules Wealth Tax Rules 1957 Income Declaration Scheme Rules 2016 Indirect Tax Rules GST Valuation Rules , 2016 Service Tax Rules CST (Delhi) Rules, 2005 CST (Maharashtra) Rules Customs Valuation Rules Cenvat Credit Rules, 2017 Entry Tax Rules Corporate Laws Rules Companies Rules, 2014 LLP Rules, 2009 LLP Winding up Rules, 2012 Cos Unpaid Dividend Rules, 1978 VAT Laws Rules Delhi VAT Rules, 2005 Maharashtra VAT Rules, 2005 West Bengal VAT Rules, 2005 Tamilnadu VAT Rules, 2007 Karnataka VAT Rules, 2005 Gujarat VAT Rules, 2006 Uttar Pradesh VAT Rules, 2008 Rajasthan VAT Rules, 2006 Punjab VAT Rules Haryana VAT Rules, 2003 Telangana VAT Rules 2005 Andhra Pradesh VAT Rules, 2005 Bihar Value Added Tax Rules, 2005 Other Statutes Profession Tax Rules NBFC Deposits Directions, 1998 NBFC & Misc NBC (Advt) Rules, 1977 NBFC Auditor Report Directions, 2008 Delhi Labour Welfare Fund Rules, 1997 Cost records and audit Rules, 2014 Baggage Rules, 2016 Equalisation Levy Rules, 2016 NCLT And NCLAT Rules Insolvency & Bankruptcy Rules Benami Property Rules, 2016 GST Rules CGST Rules, 2017 IGST Rules 2017 Forms Income Tax Forms ROC Forms (Cos Act, 2013) ROC Forms (Cos Act, 1956) Income Declaration Forms Wealth Tax Forms Service Tax Forms Companies Unpaid Dividend Forms NBFCs Forms LLP Winding up FEMA Forms LLP Forms CGST Forms GST Forms Accounts and Records Advance Ruling Appeals and Revision Assessment and Audit Composition Demands and Recovery Input Tax Credit Inspection, Search and Seizure Offences and Penalties Payment of Tax Refund Registration Returns Transitional Provisions Value of Supply Careers Admin Login Email Login Web-EDGE Contact Us

TDS F.Y.2024-25 (Non Residents and Foreign Companies)

Section	Nature of Payment	TDS Rates (%)
		Non- resident	Foreign Company

Section 192	Payment of Salary	NormaNon Resident (other than company)l Slab Rate	NA
Section 192A	Payment of accumulated balance of provident fund which is taxable in the hands of an employee.	10	NA
Section 194B	Income by way of winnings from lotteries, crossword puzzles, card games and other games of any sort	30	30
Section 194BA	Winning from Online Games	30	30
Section 194BB	Winnings from horse races	30	30
Section 194E	Payment to non-resident sportsmen/sports association	20	20
Section 194EE	Payment in respect of deposits under National Savings Scheme	10	NA
Section 194F	Payment on account of repurchase of unit by Mutual Fund or Unit Trust of India	20	NA
Section 194G	Commission on sale of lottery tickets	Upto 30 Sep 2024 : 5 Wef 1. Oct 2024 : 2	Upto 30 Sep 2024 : 5 Wef 1. Oct 2024 : 2
Section 194LB	Payment of interest on infrastructure debt fund	5	5
Sec. 194LBA(2)	Payment of the nature referred to in Section 10(23FC)(a)(Interest income of a business trust from SPV distribution to its unitholders)	5	5
Section 194LBA(2)	Payment of the nature referred to in Section 10(23FC)(b)(Dividend income of a business trust from SPV, in which it holds the entire share capital except the capital held by the government, and distribution to its unitholders)	10	10
Section 194LBA(3)	Payment of the nature referred to in section 10(23FCA) by business trust to unit holders(Rental/Leasing income payment of assets owned by the business trust to the unitholders )	30	35
Section 194LBB	Investment fund paying an income to a unit holder [other than income which is exempt under Section 10(23FBB)].	30	35
Section 194LBC	Income in respect of investment made in a securitisation trust (specified in Explanation of section115TCA)	30	35
Section 194LC	Payment of interest by an Indian Company or a business trust in respect of money borrowed in foreign currency under a loan agreement or by way of issue of long-term bonds (including long-term infrastructure bond)*	5 / 4*	5 or 4*
Section 194LC	Long Term Bond/ rupee Denominated Bonds issue on or after 01 July 2023 listed in SE located in IFSC*	9	9
* In case where interest is payable in respect of Long-term Bond or Rupee Denominated Bond listed on recognised stock exchange located in IFSC
Section 194LD	Payment of interest on rupee denominated bond of an Indian Company or Government securities to a Foreign Institutional Investor or a Qualified Foreign Investor	5	5
Section 194N	Aggregate Cash withdrawal from Bank / Co-operative bank / Post office etc. (* by persons who have not filed ITR for 3 previous years immediately preceding the previous year and the due date for filing ITR under section 139(1) has expired)	Cash withdrawal between Rs. 20 lakhs to Rs. 1 crore : 2%	Cash withdrawal between Rs. 20 lakhs to Rs. 1 crore : 2%
Section 194N		Cash withdrawal above Rs. 1 crore : 5%	Cash withdrawal above Rs. 1 crore : 5%
Section 194N	Aggregate Cash withdrawal from Bank, Post office etc. in case of others.	2	2
Section 194T	Payment of Remuneration/interest/interest by firm to its partners	FY 24-25 : Nil FY 25-26 onwards : 10%	-
Section 195	Payment of any other sum to a Non-resident
	a) Income of foreign exchange assets payable to a Non-resident Indian Citizen	20	NA
	b) Income by way of long-term capital gains referred to in Section 115E	Upto 22 Jul 2024 : 10 Wef 23 Jul 2024 : 12.5	-
	c) Income by way of long-term capital gains referred to in section 112(1)(c) (iii)	Upto 22 Jul 2024 : 10 Wef 23 Jul 2024 : 12.5	Upto 22 Jul 2024 : 10 Wef 23 Jul 2024 : 12.5
	d) Income by way of long-term capital gains as referred to in Section 112A exceeding Rs. 1 Lakh	Upto 22 Jul 2024 : 10 Wef 23 Jul 2024 : 12.5	Upto 22 Jul 2024 : 10 Wef 23 Jul 2024 : 12.5
	e) Income by way of short-term capital gains referred to in Section 111A	Upto 22 Jul 2024 : 15 Wef 23 Jul 2024 : 20	Upto 22 Jul 2024 : 15 Wef 23 Jul 2024 : 20
	f) Any other long-term capital gains income [not being long-term capital gains referred to in clauses 10(33), 10(36) and 112A]	Upto 22 Jul 2024 : 20 Wef 23 Jul 2024 : 12.5	Upto 22 Jul 2024 : 20 Wef 23 Jul 2024 : 12.6
	g) Income by way of interest payable by Government or an Indian concern on moneys borrowed or debt incurred by Government or the Indian concern in foreign currency (not being income by way of interest referred to in Section 194LB or Section 194LC)	20	20
	g)i) Income by way of dividend from a unit in IFSC. ii)Income by way of dividend other than above	10 20	10 20
	h) Income by way of royalty payable by Government or an Indian concern in pursuance of an agreement made by it with the Government or the Indian concern where such royalty is in consideration for the transfer of all or any rights (including the granting of a licence) in respect of copyright in any book on a subject referred to in the first proviso to sub-section (1A) of Section 115A of the Income-tax Act, to the Indian concern, or in respect of any computer software referred to in the second proviso to sub-section (1A) of Section 115A of the Income-tax Act, to a person resident in India	20	20
	i) Income by way of royalty [not being royalty of the nature referred to point h) above] payable by Government or an Indian concern in pursuance of an agreement made by it with the Government or the Indian concern and where such agreement is with an Indian concern, the agreement is approved by the Central Government or where it relates to a matter included in the industrial policy, for the time being in force, of the Government of India, the agreement is in accordance with that policy
	(If Agreement made after 31 March 1961 but before 1 April, 1976	20	50
	(If Agreement made after 1 April, 1976	20	20
	j) Income by way of fees for technical services payable by Government or an Indian concern in pursuance of an agreement made by it with the Government or the Indian concern and where such agreement is with an Indian concern, the agreement is approved by the Central Government or where it relates to a matter included in the industrial policy, for the time being in force, of the Government of India, the agreement is in accordance with that policy
	(If Agreement made after Feb 29.02.1964 but before 01.04.1976	20	50
	(If Agreement made after 01.04.1976	20	20
	k) Any other income	30	35
Section 196A	Income in respect of units of non resident/Foreign company.	20	20
Section 196B	Income from units (including long-term capital gain on transfer of such units) to an offshore fund	Upto 22 Jul 2024 : 10 Wef 23 Jul 2024 : 12.5	Upto 22 Jul 2024 : 10 Wef 23 Jul 2024 : 12.5
Section 196C	Income from foreign currency bonds or GDR of an Indian company (including long-term capital gain on transfer of such bonds or GDR)	Upto 22 Jul 2024 : 10 Wef 23 Jul 2024 : 12.5	Upto 22 Jul 2024 : 10 Wef 23 Jul 2024 : 12.5
Section 196D(1)	Income of foreign Institutional Investors from securities (not being dividend or capital gain arising from such securities)	20	20

Section 196D(1A)	Interest income from securities of specified funds	10	10
Note: Tax shall be deducted at the rate provided under DTAA if same is lower than the existing TDS rate

The rate of TDS shall be increased by applicable surcharge and Health & Education cess as follows:-

*Payment Made to-	Surcharge	Rate	Health and Education Cess (4.00%)
Non Resident (other than company)	> 50 Lakhs but upto 1 crore	10%	Yes
	> 1 Crore but upto 2 Crore	15%	Yes
	> 2 crore but upto 5 crore	25%	Yes
	> 5 crore	37% (Old Regime) 25% (New Regime)	Yes
Non Resident Company	Between 1 crore and 10 crore	2%	Yes
Non Resident Company	> 10 crore	5%	Yes

TDS F.Y.2022-23 (Non Residents and Foreign Companies)

*Section*	*Nature of Payment*	*TDS Rates (in %)*
*1. where the person is not resident in India -**
Section 192	Payment of Salary	Normal Slab Rate
Section 192A	Payment of accumulated balance of provident fund which is taxable in the hands of an employee.	10
Section 194B	Income by way of winnings from lotteries, crossword puzzles, card games and other games of any sort	30
Section 194BB	Income by way of winnings from horse races	30
Section 194E	Payment to non-resident sportsmen/sports association	20
Section 194EE	Payment in respect of deposits under National Savings Scheme	10
Section 194F	Payment on account of repurchase of unit by Mutual Fund or Unit Trust of India	20
Section 194G	Commission, etc., on sale of lottery tickets	5
Section 194LB	Payment of interest on infrastructure debt fund	5
Sec. 194LBA(2)	Payment of the nature referred to in Section 10(23FC)(a)	5
Section 194LBA(2)	Payment of the nature referred to in Section 10(23FC)(b)	10
Section 194LBA(3)	Payment of the nature referred to in section 10(23FCA) by business trust to unit holders	30
Section 194LBB	Investment fund paying an income to a unit holder [other than income which is exempt under Section 10(23FBB)].	30
Section 194LBC	Income in respect of investment made in a securitisation trust (specified in Explanation of section115TCA)	30
Section 194LC	Payment of interest by an Indian Company or a business trust in respect of money borrowed in foreign currency under a loan agreement or by way of issue of long-term bonds (including long-term infrastructure bond)	5 or 4* * In case where interest is payable in respect of Long-term Bond or Rupee Denominated Bond listed on recognised stock exchange located in IFSC
Section 194LD	Payment of interest on rupee denominated bond of an Indian Company or Government securities to a Foreign Institutional Investor or a Qualified Foreign Investor	5
Section 195	Payment of any other sum to a Non-resident
	a) Income in respect of investment made by a Non-resident Indian Citizen	20
	b) Income by way of long-term capital gains referred to in Section 115E in case of a Non-resident Indian Citizen	10
	c) Income by way of long-term capital gains referred to in sub-clause (iii) of clause (c) of sub-Section (1) of Section 112