{"id":2281,"date":"2021-08-08T11:54:04","date_gmt":"2021-08-08T11:54:04","guid":{"rendered":"https:\/\/mybillbook.in\/blog\/?p=2281"},"modified":"2026-05-13T12:09:54","modified_gmt":"2026-05-13T12:09:54","slug":"tds-rate-chart","status":"publish","type":"post","link":"https:\/\/mybillbook.in\/blog\/accounting\/cash-credit-13\/","title":{"rendered":"TDS Rate Chart"},"content":{"rendered":"\n

It is a taxation method in which the individual or organization who is in charge of making certain payments deducts the necessary tax before crediting the payment to its recipient. TDS stands for Tax Deducted at Source. Salary, bonus, commission, FD interest, and rent are examples of common forms of payments subject to taxation under the TDS method. The Income Tax Act of 1961 specifies the types of payments subject to TDS and the applicable rates.<\/p>\n\n\n\n

This article contains a summary of the various TDS rates that will be in effect for the fiscal years 2021-2022 (academic years 2022-2023).<\/p>\n\n\n\n\n\n\n\n\n

Different TDS Sections<\/h2>\n\n\n\n

TDS is a sort of spot tax in which the amount is deducted from the source of the income being taxed. There is a provision on indirect taxes in the Income Tax Act 1961 that explains the problem. Interest paid on fixed deposits, employer-provided incentives, commission payments, dividends on bonds, the sale\/purchase\/rental of real estate, and money received as a prize in a lottery or other award are all instances of financial goods on which it is inferred by the law. Amounts of TDS are levied under several sections and subsections of the Act, with rates ranging from 1 percent to 30 percent.<\/p>\n\n\n\n

For many honest taxpayers, one of the most common misconceptions about taxation is that because they get their income or other payment after deduction of Tax at Source (TDS), they are not needed to file an Income Tax return (ITR), presuming that their tax responsibility has been satisfied.<\/p>\n\n\n\n

People who have not filed their income tax returns will be subject to TDS at a higher rate than those who have. The rate of TDS will be greater for those who do not have a PAN number on their identification card. According to the Finance Minister’s release of the Union Budget for 2021, this rule will become applicable on July 1, 2021.<\/p>\n\n\n\n

In accordance with a particular provision in the Income Tax Act, people who have not filed their income tax returns but whose income is liable for TDS deduction will be charged a greater rate of TDS than those who have filed their returns. The rate of TDS will be twice as high at the indicated rates as it will be at 5 percent.<\/p>\n\n\n\n

IT Section<\/strong><\/td>Threshold Limit*<\/strong><\/td>TDS Rate<\/strong><\/td><\/tr>
Section 192<\/td>As per applicable income slab<\/td>As per income tax slab rate<\/td><\/tr>
Section 193<\/td>\u20b9 5000 for debenture payment<\/td>10% of the interests earned on security investments.<\/td><\/tr>
Section 194<\/td>\u20b9 2500<\/td>10% of proceeds from any deemed dividends<\/td><\/tr>
Section 194A<\/strong><\/a><\/td>\u20b9 10,000<\/td>10% of proceeds from interests earned on investments other than securities<\/td><\/tr>
Section 194B<\/td>\u20b9 10,000<\/td>30% of prize money on lottery or gaming-related winnings<\/td><\/tr>
Section 194BB<\/td>\u20b9 10,000<\/td>30% of prize money from horse racing<\/td><\/tr>
Section 194C<\/td>\u20b9 30,000 which is for each contract, whereas \u20b9 100,000 is for p.a.<\/td>Proceeds from any contracts\/subcontracts<\/td><\/tr>
\u2022 Individuals or HUF @ 1%<\/td><\/tr>
\u2022 Non Individual\/corporate @ 2%<\/td><\/tr>
Section 194D<\/td>\u20b9 15,000<\/td>5% of earning as insurance commissions<\/td><\/tr>
Section 194EE<\/td>\u20b9 2,500<\/td>20% of expense in NSS deposits<\/td><\/tr>
Section 194F<\/td>NIL<\/td>20% of investment in MF or UTI units<\/td><\/tr>
Section 194G<\/td>\u20b9 15,000<\/td>5% of the commission money from lottery ticket selling.<\/td><\/tr>
Section 194H<\/td>\u20b9 15,000<\/td>5% of the brokerage earnings<\/td><\/tr>
Section 194I<\/td>\u20b9 1,80,000<\/td>2% on rental amount of plant & machinery\/<\/td><\/tr>
10% on the rent of land & building<\/td><\/tr>
Section 194J<\/td>\u20b9 30,000 p.a<\/td>10% on the technical\/professional services<\/td><\/tr>
Section 194LA<\/td>\u20b9 2,50,000<\/td>10% on the transfer money paid to any resident while acquiring an immovable property<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

*The threshold amount is the maximum amount that is not subject to TDS. The prices listed above are indicative and subject to change upon notification by the government.<\/p>\n\n\n\n\n\n\n\n\n

TDS Rates for the FY 2021-22<\/h2>\n\n\n\n

The following is the most recent TDS rate chart valid for the Financial Year 2021-22, as amended by Budget 2021;<\/p>\n\n\n

[table id=23 \/]<\/p>\n\n\n\n

Difference between TDS Rate Chart for FY 2020-21 and FY 2021-22<\/h2>\n\n\n\n

Given the outbreak and consequent lockdown that affected all sectors of the economy, the Government of India reduced the rates of Tax Deducted at Source and Tax Collected at Source on several transactions by 25 percent from 14th May 2020 to 31st March 2021 for a limited period.<\/p>\n\n\n\n

The government has reduced the TDS rates for the period 14.05.2020 to 31.03.2021.  As a result, we have different TDS rates for the fiscal years 2020-21 up until the 14th of May, 2021 and from the 14th of May, 2020.<\/p>\n\n\n\n

The government stipulated lower TDS rates in the “Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020.” In cases where the provisions of Sections 193, 194, 194A, 194C, 194D, 194DA,194EE, 194F, 194G, 194H, 194-I, 194-IA, 194-IB, 194-IC, 194J, 194K,194LA, sub-section (1) of Section 194LBA, clause I of Section 194LBB, sub-section (1) of Section 194LBC, sections 19<\/p>\n\n\n\n

It was only until the 31st of March in 2021 that these reduced TDS rates were in effect. As a result, existing TDS rates (before the 14th of May, 2020) would be applicable starting on April 1, 2021.\u00a0<\/p>\n\n\n\n\n\n\n\n\n

\n
\n\n\n

What is the Full Form of TDS<\/a>
TDS Traces<\/a>
TDS Return Due Date<\/a>
TDS On Salary<\/a>
Section 194N TDS On Cash Withdrawal<\/a>
Section 194J TDS<\/a>
Section 194C TDS<\/a>
Oltas Challan TDS Challan Status<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

It is a taxation method in which the individual or organization who is in charge of making certain payments deducts […]<\/p>\n","protected":false},"author":14,"featured_media":2363,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[922],"tags":[],"class_list":["post-2281","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tax"],"yoast_head":"\nTDS Rate Chart For FY 2021-22, TDS Rates in India<\/title>\n<meta name=\"description\" content=\"Complete guide on TDS rate chart. Read about different TDS sections, TDS Rates for the FY 2021-22 & difference in TDS rates.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mybillbook.in\/blog\/accounting\/cash-credit-13\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TDS Rate Chart For FY 2021-22, TDS Rates in India\" \/>\n<meta property=\"og:description\" content=\"Complete guide on TDS rate chart. Read about different TDS sections, TDS Rates for the FY 2021-22 & difference in TDS rates.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mybillbook.in\/blog\/accounting\/cash-credit-13\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-08T11:54:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-13T12:09:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mybillbook.in\/blog\/wp-content\/uploads\/2021\/08\/tds-rate-chart.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sravani\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sravani\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"TDS Rate Chart For FY 2021-22, TDS Rates in India","description":"Complete guide on TDS rate chart. Read about different TDS sections, TDS Rates for the FY 2021-22 & difference in TDS rates.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/mybillbook.in\/blog\/accounting\/cash-credit-13\/","og_locale":"en_US","og_type":"article","og_title":"TDS Rate Chart For FY 2021-22, TDS Rates in India","og_description":"Complete guide on TDS rate chart. Read about different TDS sections, TDS Rates for the FY 2021-22 & difference in TDS rates.","og_url":"https:\/\/mybillbook.in\/blog\/accounting\/cash-credit-13\/","article_published_time":"2021-08-08T11:54:04+00:00","article_modified_time":"2026-05-13T12:09:54+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/mybillbook.in\/blog\/wp-content\/uploads\/2021\/08\/tds-rate-chart.jpg","type":"image\/jpeg"}],"author":"Sravani","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Sravani","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/mybillbook.in\/blog\/accounting\/cash-credit-13\/#article","isPartOf":{"@id":"https:\/\/mybillbook.in\/blog\/accounting\/cash-credit-13\/"},"author":{"name":"Sravani","@id":"https:\/\/mybillbook.in\/blog\/#\/schema\/person\/556a6d95cf3098b1ca99449dd401f06c"},"headline":"TDS Rate Chart","datePublished":"2021-08-08T11:54:04+00:00","dateModified":"2026-05-13T12:09:54+00:00","mainEntityOfPage":{"@id":"https:\/\/mybillbook.in\/blog\/accounting\/cash-credit-13\/"},"wordCount":815,"publisher":{"@id":"https:\/\/mybillbook.in\/blog\/#organization"},"image":{"@id":"https:\/\/mybillbook.in\/blog\/accounting\/cash-credit-13\/#primaryimage"},"thumbnailUrl":"https:\/\/mybillbook.in\/blog\/wp-content\/uploads\/2021\/08\/tds-rate-chart.jpg","articleSection":["TAX"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/mybillbook.in\/blog\/accounting\/cash-credit-13\/","url":"https:\/\/mybillbook.in\/blog\/accounting\/cash-credit-13\/","name":"TDS Rate Chart For FY 2021-22, TDS Rates in India","isPartOf":{"@id":"https:\/\/mybillbook.in\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/mybillbook.in\/blog\/accounting\/cash-credit-13\/#primaryimage"},"image":{"@id":"https:\/\/mybillbook.in\/blog\/accounting\/cash-credit-13\/#primaryimage"},"thumbnailUrl":"https:\/\/mybillbook.in\/blog\/wp-content\/uploads\/2021\/08\/tds-rate-chart.jpg","datePublished":"2021-08-08T11:54:04+00:00","dateModified":"2026-05-13T12:09:54+00:00","description":"Complete guide on TDS rate chart. Read about different TDS sections, TDS Rates for the FY 2021-22 & difference in TDS rates.","breadcrumb":{"@id":"https:\/\/mybillbook.in\/blog\/accounting\/cash-credit-13\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/mybillbook.in\/blog\/accounting\/cash-credit-13\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mybillbook.in\/blog\/accounting\/cash-credit-13\/#primaryimage","url":"https:\/\/mybillbook.in\/blog\/wp-content\/uploads\/2021\/08\/tds-rate-chart.jpg","contentUrl":"https:\/\/mybillbook.in\/blog\/wp-content\/uploads\/2021\/08\/tds-rate-chart.jpg","width":1200,"height":675,"caption":"tds rate chart"},{"@type":"BreadcrumbList","@id":"https:\/\/mybillbook.in\/blog\/accounting\/cash-credit-13\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/mybillbook.in\/blog\/"},{"@type":"ListItem","position":2,"name":"TDS Rate Chart"}]},{"@type":"WebSite","@id":"https:\/\/mybillbook.in\/blog\/#website","url":"https:\/\/mybillbook.in\/blog\/","name":"","description":"","publisher":{"@id":"https:\/\/mybillbook.in\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/mybillbook.in\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/mybillbook.in\/blog\/#organization","name":"MyBillBook","url":"https:\/\/mybillbook.in\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mybillbook.in\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/mybillbook.in\/blog\/wp-content\/uploads\/2025\/11\/cropped-logo-half.png","contentUrl":"https:\/\/mybillbook.in\/blog\/wp-content\/uploads\/2025\/11\/cropped-logo-half.png","width":385,"height":65,"caption":"MyBillBook"},"image":{"@id":"https:\/\/mybillbook.in\/blog\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/mybillbook.in\/blog\/#\/schema\/person\/556a6d95cf3098b1ca99449dd401f06c","name":"Sravani","pronouns":"she","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/db0176a0b8f3354692f40c1b006bf1d69b10b365cb09503926cbc4abca4dc51f?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/db0176a0b8f3354692f40c1b006bf1d69b10b365cb09503926cbc4abca4dc51f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/db0176a0b8f3354692f40c1b006bf1d69b10b365cb09503926cbc4abca4dc51f?s=96&d=mm&r=g","caption":"Sravani"},"description":"Sravani is an SEO & Content Marketing professional with 10+ years of experience in organic growth, content strategy, and business-focused SEO. At myBillBook, she creates practical resources on billing, GST, accounting, inventory, and business growth for Indian SMBs.","sameAs":["https:\/\/mybillbook.in\/blog\/","https:\/\/www.linkedin.com\/in\/everythingcontent\/"],"url":"https:\/\/mybillbook.in\/blog\/author\/sravani\/"}]}},"_links":{"self":[{"href":"https:\/\/mybillbook.in\/blog\/wp-json\/wp\/v2\/posts\/2281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mybillbook.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybillbook.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybillbook.in\/blog\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/mybillbook.in\/blog\/wp-json\/wp\/v2\/comments?post=2281"}],"version-history":[{"count":1,"href":"https:\/\/mybillbook.in\/blog\/wp-json\/wp\/v2\/posts\/2281\/revisions"}],"predecessor-version":[{"id":9477,"href":"https:\/\/mybillbook.in\/blog\/wp-json\/wp\/v2\/posts\/2281\/revisions\/9477"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybillbook.in\/blog\/wp-json\/wp\/v2\/media\/2363"}],"wp:attachment":[{"href":"https:\/\/mybillbook.in\/blog\/wp-json\/wp\/v2\/media?parent=2281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybillbook.in\/blog\/wp-json\/wp\/v2\/categories?post=2281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybillbook.in\/blog\/wp-json\/wp\/v2\/tags?post=2281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}