/ TDS

TDS TCS Rate Chart for FY 2024–25 and FY 2025–26

TDS TCS Rate Chart for FY 2024–25 and FY 2025–26

TDS TCS Rate Chart for FY 2024–25 and FY 2025–26

TDS Deduction (FY 2024–25)

  • Interest on Deposits (194A): 10%
  • Commission (194H): 5%
  • Rent (194I):
    • 10% (for land/building)
    • 2% (for plant/machinery)
  • Professional/Technical Fees (194J): 10%
  • Job work, labor contract, advertisement, etc. (194C):
    • 1% for Individual/HUF
    • 2% for others
  • Salary (192B): Slab rates applicable
  • Purchase of Goods (194Q): 0.1% (only if turnover > ₹10 Cr)

Important Cut-offs: (Applicable till 31-03-2025)

  • Commission: ₹15,000
  • Rent: ₹2,40,000
  • Professional Fees: ₹30,000
  • Job Work: ₹30,000 per single bill or ₹1 lakh aggregate

TCS Collection (FY 2024–25)

  • On Scrap Sales (206C): 1%
  • On Sale of Goods (> ₹10 Cr turnover) (206C(1H)): 0.1%
    • Note: TCS on sale of goods is removed from 01-04-2025.

Payment Due Date:

  • TDS/TCS to be deposited by 7th of the next month
  • For March, deposit by 30th April.

TDS Deduction (FY 2025–26)

  • Rates are same as FY 24-25 except a few changes in limits:
    • Commission: ₹20,000
    • Professional Fees/Technical Charges: ₹50,000 (each)
  • New Addition:
    • Partner Interest and Remuneration (194O): 10% (for Firms/LLPs)

TCS Collection (FY 2025–26)

  • On Scrap Sales (206C): 1% (no change)
  • On Sale of Goods (206C(1H)): Removed from 01-04-2025.

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