TDS Rate Chart for Assessment Year 2010 – 2011

In the Budget of 2010, TDS rates has not been changed and only cut off amount has been proposed to be increased in few cases.

We have prepared TDS rate charts for most commonly used TDS sections. The Increased Limits are considered to be cleared by the parliament in the ongoing finance session.

Earlier following changes had 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 i.e. less confusions. (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, whichever 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 TDS rate on salary is also the same

TDS rate chart in excel format

The TDS rates for ay 10-11 can be downloaded in excel format at the following link: tds rate chart10-11 in excel format

TDS Rate Chart 10-11 For Assessment Year 2010 – 2011
TDS Rate Chart 10-11 Resident Senior Citizen (65 years or more at any time during the financial year)
Taxable Income	Tax Payable
Upto Rs.240,000	NIL
From Rs.240,001 to Rs.300,000	10% of income above Rs.240,000
From Rs.300,001 to Rs.500,000	Rs.6,000 + 20% of income above Rs. 300,000
Above Rs.500,000	Rs.46,000 + 30% of income above Rs.500,000
Surcharge	NIL (Surcharge has been removed for Individuals)
Education Cess	2% of Total tax payable
Secondary & Higher Education Cess	1% of Total tax payable
TDS Rate Chart 10-11 Resident Women / Female
Taxable Income	Tax Payable
Upto Rs.190,000	NIL
From Rs.190,001 to Rs.300,000	10% of income above Rs.190,000
From Rs.300,001 to Rs.500,000	Rs.11,000 + 20% of income above Rs.300,000
Above Rs.500,000	Rs.51,000 + 30% of income above Rs.500,000
Surcharge	NIL (Surcharge has been removed for Individuals)
Education Cess	2% of Total tax payable
Secondary & Higher Education Cess	1% of Total tax payable
TDS Rates for ay 10-11 All Resident Individuals (Excluding Females & Senior Citizens), any HUF (Hindu Undivided Family), AOP(Association of Persons), BOI (Body of Individuals), Artificial Juridical Person, NRI (non Resident Indian), RNOR (Resident but not ordinarily Resident)
Taxable Income	Tax Payable
Upto Rs.160,000	NIL
From Rs.160,001 to Rs.300,000	10% of income above Rs.160,000
From Rs.300,001 to Rs.500,000	Rs.14,000 + 20% of income above Rs.300,000
Above Rs.500,000	Rs.54,000 + 30% of income above Rs.500,000
Surcharge	NIL
Education Cess	2% of Total tax payable
Secondary & Higher Education Cess	1% of Total tax payable
TDS Rates for ay 10-11 Co-operative Society
Taxable Income	Tax Payable
Upto Rs.10,000	10%
From Rs.10,001 to Rs.20,000	Rs.1,000 + 20% of income above Rs.10,000
Above Rs.20,000	Rs.3,000 + 30% of income above Rs.20,000
Surcharge	NIL
Education Cess	2% of Total tax payable
Secondary & Higher Education Cess	1% of Total tax payable
TDS Rates for ay 10-11 Local Authorities
Taxable Income	Tax Payable
Tax Rate	30% of taxable income
Surcharge	NIL
Education Cess	2% of Total tax payable
Secondary & Higher Education Cess	1% of Total tax payable
TDS Rate chart 10-11 Firms & LLPs (Limited Liability Partnerships)
Taxable Income	Tax Payable
Tax Rate	30% of taxable income
Surcharge	NIL
Education Cess	2% of Total tax payable
Secondary & Higher Education Cess	1% of Total tax payable
TDS Rate chart 10-11 Domestic Companies
Taxable Income	Tax Payable
Tax Rate	30% of taxable income
Surcharge (if taxable income exceeds Rs.10,000,000)	10% of total tax payable
Education Cess	2% of (Total tax payable + Surcharge)
Secondary & Higher Education Cess	1% of (Total tax payable + Surcharge)
TDS Rate chart 10-11 Foreign Companies
Taxable Income	Tax Payable
For Royalties received from Government of India, or an Indian concern in pursuance of an agreement made by it with the Indian concern after 31-Mar-1961 but before 01-Apr-1976, or FEES for rendering technical services in pursuance of an agreement made by it after 29-Feb-1964 but before 01-Apr-1976 and where such agreement has in either case been approved by the central government	50% of this income
Any other taxable income	40% of taxable income
Surcharge (if taxable income exceeds Rs.10,000,000)	2.5% of total tax payable
Education Cess	2% of (Total tax payable + Surcharge)
Secondary & Higher Education Cess	1% of (Total tax payable + Surcharge)
Marginal Relief
The net amount payable as income tax and surcharge shall not exceed the total amount payable as income tax on total income of “Surcharge limit” by more than the amount of income that exceeds the “Surcharge limit“
Note: Surcharge Limit
For Firms, Domestic Companies and Foreign Companies (Rs.10,000,000)