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What is fixed tds rates. and does rates are applicable with different for each services?


What is fixed tds rates. and does rates are applicable with different for each services?

Full details about TDS are given in the web link given below.

http://incometaxindia.gov.in/general/tds...

The general rate of TDS is as belows:

194A Other Interest 20%
194B Winning from Lotteries 30%
194C Payment to Contractors 2%
194C Pay to Advt/Sub Contractors 1%
194D Insurance Commission 20%
194H Commission/Brokerage 10%
194I Rent 20%/15%
194I Rent-Plant / Machinery 10%
194J Professional Fees 10%

Surcharge and Education cess is also application as per Income Tax rules.

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