TDS Rates for Non-Residents
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TDS Rates for Non-Residents u/s 195 of Income Tax Act, 1961
| Nature of Payment | Co. | Others | |
|---|---|---|---|
| 1. | Long Term Capital Gains u/s 115E | NA | 10% |
| 2. | Other Long Term Capital Gains (excluding u/s 10(33), 10(36) & 10 (38)) | 20% | 20% |
| 3. | Short Term Capital Gains u/s. 111A | 15% | 15% |
| 4. | Investment income from Foreign Exchange Assets | NA | 20% |
| 5. | Interest payable on moneys borrowed or debt incurred in Foreign Currency | 20% | 20% |
| 6. | Royalty & Fees for technical services u/s. 115A – Agreement 1st June, 1997 to 31st May, 2005 – Agreement on or after 1st June 2005 | 20% 10% | 20% 10% |
| 7. | Winnings from Lotteries, Crossword Puzzles and Horse Races | 30% | 30% |
| 8. | Any Other Income | 40% | 30% |
Surcharge & Education Cess
| Type of Payment | Surcharge | Rate | Health & Education Cess (4.00%) |
|---|---|---|---|
| Payment to Non-Residents (other than Cos) | Upto 50 Lakh | Nil | Yes |
|
> 50 Lakh but upto 1 crore
> 1 crore but upto 2 crore
> 2 crore but upto 5 crore
> 5 crore |
10%
15%
25%
37% |
||
| Payments to Foreign Co. | Upto 1cr | Nil | Yes |
| > 1 Crore | 2% | ||
| > 10 Crores | 5% |
Surcharge & Education Cess
| Stage of deduction |
Upto 30th June 2010 (Rate permonth or part of the month) |
From 1st July 2010 (Rate per month or part of the month) |
|---|---|---|
|
From date when deductible till actual deduction |
1% | 1% |
|
From date of deduction till payment |
1% | 1.5% |