Reference
TDS & TCS — rates, thresholds and the old ↔ new section map
A searchable, plain-English reference for Tax Year 2026-27 (FY 2026-27): every TDS and TCS rate under the Income-tax Act, 2025 — and the 1961-Act section each new provision replaces. Find anything by keyword or old section number.
The Income-tax Act, 2025 folded the old web of TDS sections (192, 193, the whole 194-series, 195, 196A–D) into just three — Section 392 (salary), Section 393 (all other TDS) and Section 394 (TCS, replacing 206C). The rates mostly stayed the same; what changed is where to look. This page maps it for you.
37 provisions
- Dividend from a domestic company10%tdsInterest & dividend
Threshold: ₹10,000 · ₹10,000 for an individual shareholder (otherwise nil)
Income-tax Act, 2025: Sec 393(1), Sl. 7
Was (1961 Act): Sec 194
- Interest from a bank / co-op bank / post office10%*tdsInterest & dividend
Threshold: ₹50,000 · per year — ₹1,00,000 for senior citizens
Income-tax Act, 2025: Sec 393(1), Sl. 5(ii)
Was (1961 Act): Sec 194A
- Interest from others (not a bank)10%*tdsInterest & dividend
Threshold: ₹10,000 · per year
Income-tax Act, 2025: Sec 393(1), Sl. 5(iii)
Was (1961 Act): Sec 194A
- Interest on securities10%*tdsInterest & dividend
Threshold: ₹10,000 · per year
Income-tax Act, 2025: Sec 393(1), Sl. 5(i)
Was (1961 Act): Sec 193
- Premature PF withdrawal (taxable)10%tdsInterest & dividend
Threshold: ₹50,000 · per year
Income-tax Act, 2025: Sec 392(6)–(7)
Was (1961 Act): Sec 192A
- Income from mutual-fund units10%tdsInterest & dividend
Threshold: ₹10,000 · per year
Income-tax Act, 2025: Sec 393(1), Sl. 4(i)
Was (1961 Act): Sec 194K
- Payment to contractor — payee is an individual / HUF1%tdsContracts, commission & fees
Threshold: ₹30,000 · ₹30,000 per contract or ₹1,00,000 in the year
Income-tax Act, 2025: Sec 393(1), Sl. 6(i)
Was (1961 Act): Sec 194C
- Payment to contractor — payee is a company / firm2%tdsContracts, commission & fees
Threshold: ₹30,000 · ₹30,000 per contract or ₹1,00,000 in the year
Income-tax Act, 2025: Sec 393(1), Sl. 6(i)
Was (1961 Act): Sec 194C
- Commission or brokerage2%tdsContracts, commission & fees
Threshold: ₹20,000 · per year
Income-tax Act, 2025: Sec 393(1), Sl. 1(ii)
Was (1961 Act): Sec 194H
- Professional fees10%tdsContracts, commission & fees
Threshold: ₹50,000 · per year
Income-tax Act, 2025: Sec 393(1), Sl. 6(iii)
Was (1961 Act): Sec 194J
- Technical fees / call-centre / film royalty2%tdsContracts, commission & fees
Threshold: ₹50,000 · per year
Income-tax Act, 2025: Sec 393(1), Sl. 6(iii)
Was (1961 Act): Sec 194J
- Insurance commission2%*tdsContracts, commission & fees
Threshold: ₹20,000 · per year
Income-tax Act, 2025: Sec 393(1), Sl. 1(i)
Was (1961 Act): Sec 194D
- Contract / professional fee paid by an individual / HUF2%tdsContracts, commission & fees
Threshold: ₹50,00,000 · over ₹50 lakh in the year
Income-tax Act, 2025: Sec 393(1), Sl. 6(ii)
Was (1961 Act): Sec 194M
- Rent of plant & machinery2%tdsRent & property
Threshold: ₹50,000 · per month
Income-tax Act, 2025: Sec 393(1), Sl. 2(ii)
Was (1961 Act): Sec 194-I
- Rent of land, building or furniture10%tdsRent & property
Threshold: ₹50,000 · per month
Income-tax Act, 2025: Sec 393(1), Sl. 2(ii)
Was (1961 Act): Sec 194-I
- Rent paid by an individual / HUF (not under audit)2%tdsRent & property
Threshold: ₹50,000 · per month
Income-tax Act, 2025: Sec 393(1), Sl. 2(i)
Was (1961 Act): Sec 194-IB
- Purchase of immovable property1%tdsRent & property
Threshold: ₹50,00,000 · consideration / stamp-duty value of ₹50,00,000 or more
Income-tax Act, 2025: Sec 393(1), Sl. 3(i)
Was (1961 Act): Sec 194-IA
- Purchase of goods0.1%tdsBusiness & other
Threshold: ₹50,00,000 · on value above ₹50,00,000 in the year
Income-tax Act, 2025: Sec 393(1), Sl. 8(ii)
Was (1961 Act): Sec 194Q
- E-commerce participant (sale via operator)0.1%tdsBusiness & other
Threshold: ₹5,00,000 · ₹5,00,000 for a resident individual / HUF
Income-tax Act, 2025: Sec 393(1), Sl. 8(v)
Was (1961 Act): Sec 194-O
- Benefit or perquisite from business / profession10%tdsBusiness & other
Threshold: ₹20,000 · per year
Income-tax Act, 2025: Sec 393(1), Sl. 8(iv)
Was (1961 Act): Sec 194R
- Transfer of a virtual digital asset1%tdsBusiness & other
Threshold: ₹10,000 · ₹10,000 (₹50,000 for specified persons)
Income-tax Act, 2025: Sec 393(1), Sl. 8(vi)
Was (1961 Act): Sec 194S
- Life-insurance policy payout (taxable)2%tdsBusiness & other
Threshold: ₹1,00,000 · per year, on the income component
Income-tax Act, 2025: Sec 393(1), Sl. 8(i)
Was (1961 Act): Sec 194DA
- Winnings — lottery / crossword / card game / betting30%*tdsWinnings & other
Threshold: ₹10,000 · per single transaction
Income-tax Act, 2025: Sec 393(3), Sl. 1
Was (1961 Act): Sec 194B
- Winnings from a horse race30%*tdsWinnings & other
Threshold: ₹10,000 · per single transaction
Income-tax Act, 2025: Sec 393(3), Sl. 3
Was (1961 Act): Sec 194BB
- Commission on lottery tickets2%tdsWinnings & other
Threshold: ₹20,000 · per year
Income-tax Act, 2025: Sec 393(3), Sl. 4
Was (1961 Act): Sec 194G
- Cash withdrawal from bank / post office2%tdsWinnings & other
Threshold: ₹1,00,00,000 · over ₹1 crore (₹3 crore for a co-op society)
Income-tax Act, 2025: Sec 393(3), Sl. 5
Was (1961 Act): Sec 194N
- Partner's remuneration / interest from a firm10%tdsWinnings & other
Threshold: ₹20,000 · per year
Income-tax Act, 2025: Sec 393(3), Sl. 7
Was (1961 Act): Sec 194T
- Sale of alcoholic liquor for human consumption2%tcsGoods (seller collects)
Threshold: Nil
Income-tax Act, 2025: Sec 394, Sl. 1
Was (1961 Act): Sec 206C(1)
- Sale of tendu leaves2%tcsGoods (seller collects)
Threshold: Nil
Income-tax Act, 2025: Sec 394, Sl. 2
Was (1961 Act): Sec 206C(1)
- Sale of timber / other forest produce2%tcsGoods (seller collects)
Threshold: Nil
Income-tax Act, 2025: Sec 394, Sl. 3
Was (1961 Act): Sec 206C(1)
- Sale of scrap2%tcsGoods (seller collects)
Threshold: Nil
Income-tax Act, 2025: Sec 394, Sl. 4
Was (1961 Act): Sec 206C(1)
- Sale of coal, lignite or iron ore2%tcsGoods (seller collects)
Threshold: Nil
Income-tax Act, 2025: Sec 394, Sl. 5
Was (1961 Act): Sec 206C(1)
- Sale of a motor vehicle / notified goods1%tcsGoods (seller collects)
Threshold: ₹10,00,000 · on sale consideration over ₹10,00,000
Income-tax Act, 2025: Sec 394, Sl. 6
Was (1961 Act): Sec 206C(1F)
- LRS remittance — education or medical treatment2%tcsRemittance & services
Threshold: ₹10,00,000 · over ₹10,00,000 in the year
Income-tax Act, 2025: Sec 394, Sl. 7
Was (1961 Act): Sec 206C(1G)
- LRS remittance — any other purpose20%tcsRemittance & services
Threshold: ₹10,00,000 · over ₹10,00,000 in the year
Income-tax Act, 2025: Sec 394, Sl. 7
Was (1961 Act): Sec 206C(1G)
- Overseas tour programme package2%tcsRemittance & services
Threshold: Nil
Income-tax Act, 2025: Sec 394, Sl. 8
Was (1961 Act): Sec 206C(1G)
- Lease of a parking lot, toll plaza, or mine / quarry2%tcsRemittance & services
Threshold: Nil
Income-tax Act, 2025: Sec 394, Sl. 9
Was (1961 Act): Sec 206C(1C)
* “Rates in force” — the figure shown is the practical/current rate; the Act defers to the Finance Act schedule. Resident provisions (Sec 393(1) & 393(3)) and TCS (Sec 394) are listed; salary (Sec 392) and non-resident payments (Sec 393(2)) are handled separately.
Need the actual figure on a payment? Use the TDS & TCS calculator — enter the amount and it works out the tax, with the no-PAN rule built in.
How the sections moved
Replaces: Sections 192, 192A
Replaces: Sections 193, 194, 194A, 194C, 194D, 194H, 194-I, 194-IA, 194-IB, 194-IC, 194J, 194K, 194LA, 194LBA/LBB/LBC, 194M, 194-O, 194P, 194Q, 194R, 194S, 194DA
Replaces: Sections 194E, 194LB, 194LC, 194LD, 195, 196A, 196B, 196C, 196D
Replaces: Sections 194B, 194BA, 194BB, 194G, 194N, 194EE, 194T
Replaces: Section 206C (all sub-sections)
Common questions
- Which section replaced 194C, 194J and 194-I under the Income-tax Act, 2025?
- All TDS (other than salary) moved into Section 393. Section 194C (contractors) is now Section 393(1), Table Sl. No. 6(i); Section 194J (professional/technical fees) is Sl. No. 6(iii); and Section 194-I (rent) is Sl. No. 2(ii).
- What is the TDS rate on professional fees for FY 2026-27?
- 10% under Section 393(1), Sl. No. 6(iii) of the Income-tax Act, 2025 (formerly Section 194J), with a threshold of ₹50,000 in the year. Technical fees, call-centre payments and film royalty are at 2%.
- Which section replaced 206C for TCS?
- Section 394 of the Income-tax Act, 2025 replaces Section 206C and contains the full TCS table — liquor, tendu, timber, scrap, minerals, motor vehicles, LRS remittances, overseas tour packages and mine/parking leases.
- What is 'Tax Year 2026-27'?
- Under the Income-tax Act, 2025 the term 'tax year' replaces 'previous year'. Tax Year 2026-27 is the same as Financial Year 2026-27. (Income earned in FY 2025-26 is still assessed under the 1961 Act, as Assessment Year 2026-27.)
- Have the TDS rates changed under the new Act?
- Mostly the rates and thresholds carried over unchanged — the Income-tax Act, 2025 reorganised the sections rather than re-pricing them. Some TCS rates were revised by the Finance Act, 2026; those are flagged in the table.
A factual reference of rates, thresholds and section mapping — current as on 16 June 2026, and not legal advice or an opinion on any transaction. Rates can be revised mid-year, and the right treatment turns on the facts of your case — for that, talk to us.
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