| Section |
Nature of Payment in brief |
Rate |
Threshold Limit (₹) |
| 192 |
Payment of Salary |
Normal Slab Rate |
|
| 194 |
Dividend |
10% |
5,000 |
| 194A |
Interest on Bank Deposit/Post Office Deposit/Banking Co-Society Deposit (Interest other than "Interest on Securities") |
10% |
(a)Senior Citizen - 50,000
(b)Others - 40,000 |
| 194A |
Interest other than "Interest on securities" (Other than Bank Deposit/Post Office Deposit/Baking Co-Society Deposit) |
10% |
5,000 |
| 194B |
Income from lottery winnings, card games, crossword puzzles, and other games of any type |
30% |
10,000 |
| 194BA |
Winnings from online games (w.e.f - 1st July 2023) |
30% |
- |
| 194BB |
Income from horse race winnings |
30% |
10,000 |
| 194C |
Payment to contractor/sub-contractor: |
|
Single transaction-30,000
Agg transactions-1,00,000 |
| - Individuals HUF |
1% |
| - Other than Individuals HUF |
2% |
| 194D |
Insurance commission |
|
15,000 |
| - Individuals |
5% |
| - Companies |
10% |
| 194DA |
Payment in respect of life insurance policy |
5% |
1,00,000 |
| 194H |
Commission or brokerage |
5% |
15,000 |
| 194I |
Rent |
|
2,40,000 |
| 194-I(a) Plant & Machinery |
2% |
| 194-I(b) Land or building or furniture or fitting |
10% |
| 194IA |
Payment on transfer of certain immovable property other than agricultural land |
1% |
50,00,000 |
| 194IB |
Payment of rent by Individuals or HUF not liable to tax audit |
5% |
50,000 per month |
| 194J |
Fees for professional or technical services |
|
30,000 |
| (i) sum paid or payable towards fees for technical services |
2% |
| (ii) sum paid or payable towards royalty in the nature of consideration for sale, distribution or exhibition of cinematographic films; |
2% |
| (iii) Any other sum |
10% |
| 194Q |
Payments for the purchase of goods |
0.10% |
50,00,000 |
| 194R |
Perquisite or benefit to a business or profession |
10% |
20,000 |
| 194S |
Payment on transfer of virtual digital assets |
1% |
Specified Persons - 50,000
Others - 10,000 |
