KNOWLEDGE BANK
Knowledge Bank
Browse useful acts, rules, circulars, references, PDFs and professional resources.
TDS / TCS Rates - FY 2026-27
TDS / TCS Rates FY 2026-27
TDS / TCS Rates — FY 2026–27
Applicable from 1 April 2026 under the Income-tax Act, 2025
TDS Rates (Resident Payees)
| Section | Nature of Payment | Threshold | Rate |
|---|---|---|---|
| 192 / 392 | Salary | As per basic exemption | Slab rates |
| 192A | Premature withdrawal from EPF | ₹50,000 | 10% |
| 193 | Interest on Securities | ₹10,000 | 10% |
| 194 | Dividend | ₹10,000 | 10% |
| 194A | Interest – Bank / Post Office / Co-op Society | ₹50,000 (₹1,00,000 for Senior Citizen) | 10% |
| 194A | Interest – Others | ₹10,000 | 10% |
| 194B | Winnings from Lottery / Crossword / Card Games | ₹10,000 (per transaction) | 30% |
| 194BA | Winnings from Online Games | No limit (on net winnings) | 30% |
| 194BB | Winnings from Horse Races | ₹10,000 (per transaction) | 30% |
| 194C | Payment to Contractor / Sub-contractor | ₹30,000 single or ₹1,00,000 aggregate | 1% (Individual/HUF) 2% (Others) |
| 194D | Insurance Commission | ₹20,000 | 2% (Others) 10% (Company) |
| 194DA | Payment under Life Insurance Policy (taxable portion) | ₹1,00,000 | 2% |
| 194EE | Payment under National Savings Scheme | ₹2,500 | 10% |
| 194G | Commission on sale of Lottery tickets | ₹20,000 | 2% |
| 194H | Commission / Brokerage | ₹20,000 | 2% |
| 194-I(a) | Rent – Plant & Machinery | ₹50,000 per month | 2% |
| 194-I(b) | Rent – Land / Building / Furniture | ₹50,000 per month | 10% |
| 194-IA | Transfer of Immovable Property (other than agricultural land) | ₹50 Lakh | 1% |
| 194-IB | Rent paid by Individual / HUF (not liable to tax audit) | ₹50,000 per month | 2% |
| 194-IC | Monetary consideration under Joint Development Agreement | No limit | 10% |
| 194J | Fees for Professional Services | ₹50,000 | 10% |
| 194J | Fees for Technical Services / Royalty (certain cases) / Call Centre | ₹50,000 | 2% |
| 194K | Income from units of Mutual Fund | ₹10,000 | 10% |
| 194LA | Compensation on acquisition of immovable property | ₹5,00,000 | 10% |
| 194M | Payment by Individual/HUF to contractor/professional | ₹50 Lakh | 2% |
| 194N | Cash withdrawal (general) | ₹1 Crore | 2% |
| 194N | Cash withdrawal (non-filers of ITR for 3 years) | ₹20 Lakh | 2% (₹20L–₹1Cr) 5% (above ₹1Cr) |
| 194-O | E-commerce operator to participant | ₹5 Lakh (Individual/HUF) | 0.1% |
| 194Q | Purchase of goods | ₹50 Lakh | 0.1% (on amount exceeding threshold) |
| 194R | Benefit or perquisite arising from business/profession | ₹20,000 | 10% |
| 194S | Transfer of Virtual Digital Asset | ₹50,000 / ₹10,000 | 1% |
| 194T | Payment by partnership firm to partners | ₹20,000 | 10% |
| 206AA | No PAN / Invalid PAN | — | Higher of rate in force or 20% |
TCS Rates (Key Rates)
| Nature | Threshold | Rate |
|---|---|---|
| Alcoholic Liquor for human consumption | No limit | 2% |
| Tendu Leaves | No limit | 2% |
| Timber / Forest produce | No limit | 2% |
| Scrap | No limit | 2% |
| Minerals (Coal, Lignite, Iron Ore) | No limit | 2% |
| Motor Vehicle / Luxury goods | ₹10 Lakh per transaction | 1% |
| Parking Lot / Toll Plaza / Mining / Quarrying | No limit | 2% |
| Overseas Tour Package | No limit | 2% |
| LRS – Education / Medical Treatment | Above ₹10 Lakh | 2% |
| LRS – Other purposes | Above ₹10 Lakh | 20% |
| LRS – Education loan from financial institution | — | Nil |
Note: Rates shown are transcribed from the supplied list and have not been independently verified against current CBDT notifications. Rates assume valid PAN. Missing/invalid PAN may trigger higher withholding under applicable provisions. Surcharge and Health & Education Cess may apply in specified cases. Verify before compliance use.
Reference layout only | FY 2026–27