TDS(tax deducted at Source) Rate chart For Financial Year 2010-11 | |||||
Made to Resident | Threshhold | Company,firm.Co-op Society,Local authority | HUF , Individual | ||
Section | Nature of payments | up to 30.06.10 | wef 01.07.10 | Rate in % | |
194A | Interest from Bank | 10000 | 10000 | 10 | 10 |
194A | Other Interest | 5000 | 5000 | 10 | 10 |
194B | Winning from Lotteries | 5000 | 10000 | 30 | 30 |
194BB | winning from Horse races | 2500 | 5000 | 30 | 30 |
194C | Payment to Contractors , Pay to Advt/Sub Contr , Payment to Transportor | 20000(50000 in a year) | 30000 (75000 IN year) | 2 | 1 |
194D | Insurance Commission | 5000 | 20000 | 10 | 10 |
194H | Commission/Brokerage | 2500 | 5000 | 10 | 10 |
194I | Rent-property | 120000 | 180000 | 10 | 10 |
194I | Rent-Plant / Machinery | 120000 | 180000 | 2 | 2 |
194J | Professional Fees | 20000 | 30000 | 10 | 10 |
Note -1 | For Section 194C Rs. 20000 for single payment & Rs. 50000/75000 for aggregate Payment during a financial year. | ||||
Note -2 | On payments made to Transporter, TDS is not required if PAN is provided. | ||||
Note-3 | No Surcharge and Cess on payments made to a resident | ||||
Note-4 | If PAN is not provided, The above rates or 20%, whichever is higher has to be deducted. |
T.D.S Rate Chart for the Financial Year 2010-11
-
What is the Format of GST Invoice?
Sumathi, , Business Taxes, 341
What is the Format of a GST Invoice? There are two types of GST Invoice you can raise Tax...
-
How to Finalise Accounts every month and File GST Returns ? Step-by-Step Guide
Robin, , Accounting, Business Taxes, Small Business, Accounting, Bank Reconciliation, Expense Tracking, Invoicing, Payroll, Value Added Tax, 257
Learn the process of preparing Accounts and reconciling Bank Statements
-
Input Tax Credit (VAT) explained
Robin, , Business Taxes, Value Added Tax, 131
WHAT IS INPUT TAX CREDIT ? The essence of VAT is in providing set-off for the tax paid earlier,...
-
Why you need to Implement ERP System for Taxation?
Sumathi, , Business Taxes, account software, accountant software, accounting software, accounting software for small business, accounting software india, best accounting software, best crm software, best ERP software in India, best online crm software, business software, CRM Software, ERP Software in India, erp software malaysia, erp software with gst, GST Accounting Software, GST Software, Income Tax, malaysia erp software, online accounting software, online crm software, Online ERP Software, Online ERP Software in India, Online ERP software India, online erp software malaysia, Payroll, reach crm software, Reach ERP software, Small Business, Tax, 6
GST is imposing financial charges on individual or company by central government or state government. Collected GST amount is used...
-
How to Calculate VAT for Civil and Allied works?
Robin, , Business Taxes, 1116
Architects, Builders, developer and other providers of Civil and Allied works are assessed to both VAT and Service Tax...
-
How to plan your marriage?
Robin, , Business Taxes, Tax, 55
Apart from all the excitement it brings, Getting married is the biggest plan of your life. A plan which...
-
FAQ on service tax on Construction Service
Robin, , Business Taxes, Tax, 450
A ”˜deemed service”™ provision has been introduced in case of construction service w.e.f. 1-7-2010. Any industrial or commercial construction...
-
Best Software for Telemarketing
Sumathi, , Accounting, Billing, Business Taxes, ERP Software, Small Business, account software, accountant software, Accounting, accounting software, accounting software for small business, accounting software india, best accounting software, best crm software, Best ERP Software, best ERP software in India, best online crm software, best online erp software in malaysia, billing software in chennai, business accounting software, business crm software, business software, crm software in india, crm software malaysia, ERP Software, ERP software India, online crm software, Reach ERP software, Small Business, Startups, 35
Telemarketing is expensive, it”™s draining and it”™s a big management headache. The hardest part of telemarketing is being nice...
Read More Exciting Content here
-
The Billionaire Guide On Workshop Software That Helps You Get Rich 30th December 2019
Workshop business is the most profitable business and is considered to be a good money-making ventur...
-
TOP-5 BOOKEEPING SOFTWARES IN INDIA 12th December 2019
Top features of Reach : Accounting Purchase Managment Customer Managment Vendor Managment Automatic ...
-
Best GST Software In India 10th January 2018
Which is the Best GST Software In India ? With the introduction of Goods and Service Tax, various st...
-
Input Tax Credit under GST 5th January 2018
Input tax credit (also referred to as, “ITC”) is one of the key features of Goods and Services T...
-
GST Registration for Branches 4th January 2018
In any tax system, registration is the most fundamental requirement for identification of tax payers...