TDS TCS RATES FOR FINANCIAL YEAR 2011-12 IS AVBL HERE
Earlier following changes has been done in through Finance Act 2009 in TDS rates effective from 01.10.2009
- No surcharge and cess on tax deducted on non-salary payments made to resident taxpayers.Tax should be deducted on Basic rate only given in respective section.No education cess or Surcharge is to be deducted except in the case of salary where Tax should be deducted after including the Education cess.(chart is given below where is surcharge and cess is required to be included in TDS rates)
- .Surcharge on individual and HUF assessee has already been abolished for full year fy 2009-10.
- Basic TDS rates for section 194 C (Payment to contractors) and 194I (payment of rent) has been changed (given in table)
- Section 194C has been replaced with new section with less ambiguities.(details are available here (TDS ON JOB WORK U/S 194C AMENDED FROM 01.10.2009)
The rate of TDS will be 20 per cent or rate provided in respective section which ever is higher , in all cases, if PAN is not quoted by the deductee w.e.f. 1.04.2010.Even if a person has a Income less than taxable income and providing form 15H or in case of senior citizen 15G ,are also required to give his pan to deductor and if pan is not allotted to them then TDS rate will be on higher side (minimum 20 %) .
the above charts can be downloaded from following link
Download Tds rate chart for Financial year 2010-11 in pdf format
Tags:tds rate chart,tds rates fy 2010-11,tds rates ay 2011-12,tds calculator,tds deduction rate
revised tds rates,tds challan,tds rate contractors,Tds rates,tds rates 10-11,new tds rates,tds rate chart,tds rate chart 10-11,tds rate,new tds rate chart,tds on rent,tds chart 10-11,new tds rates 10-11,ags:tds rate,tds rate ay 10-11,tds rate after october 2009,tds rate after budget,tds rate ,amendment,tds rate chart,tds rate chart 09-10,tds rate chart 09-10 in excel format,tds rate chart 10-11,tds rate chart 11-12,tds rate chart for salary,tds rate chart from oct 2009,tds rate chart ,tds rate chart in excel,tds rate chart 10-11 pdf,tds rate brokerage,tds rate budget 2010,tds rate bank interest,tds rate for ay 10-11,tds rate from 1st october 2009,tds rate for 09-10,tds rate for advertisement,tds rate for non resident,tds rate for rent,tds rate for contractors,tds rate for professional fees,tds rate for transporter,tds rate for foreign remittance,tds rate a y 2009 10,tds rate assessment year 2009 10,tds rate agreement,tds rate and section,in tds rate and education cess in finance bill 2010 provisions,tds rate details,tds rate detail,tds rate india,tds rate in india,tds rate interest,tds rate in budget 2010,tds rate in delhi,tds rate in excel,tds rate in excel format,tds rate in india 2010,current tds rate in india,how to change tds rate in tally,tds rate chart,tds rate chart 2010 2010,tds rate chart india,tds rate chart income tax,tds rate chart 2010-11,india tds rate current year,tds rate chart for 2010-11,tds rate chart 2011-12,n
|No Hidden charges,Flat monthly fee,Zero account opening charges|