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    Rate OF TDS

    TDS / TCS RATES FOR F.Y.2024-25

               
    Section Nature of Payment Threshold Limit of Payment   Rates
          Basic Exemption Limit  
          For Old regime For New regime  
    192 Income from Salary Super Senior Citizen (80 Years or more) Rs. 5,00,000 Rs. 3,00,000 Average rate of Tax + Health & Education Cess (Surcharge if Salary > 50 Lacs)                                                        TDS as per Tax Regime selected by employee. If not selected, TDS deduction as per New Regime.
    Senior Citizen (60 Years or more) Rs. 3,00,000 Rs. 3,00,000
    Others Rs. 2,50,000 Rs. 3,00,000
    192A Premature Withdrawal from EPF  Rs. 50,000   PAN available : 10%
    PAN Not available : 20% 
    193 Interest on Securities (including Listed Debentures) Rs. 5,000
    (Rs. 10,000 on 8% Savings (Taxable) Bonds, 2003) 
      10%
    194 Dividend Rs. 5,000   10%
    194A *Interest (Other than on Securities) by a Banking Company/ Post Office   Senior citizen : Rs. 50,000 p.a.                    Others : Rs. 40,000 p.a.   10%
    194A Interest (Other than on Securities) by others Rs. 5,000 p.a.   10%
    194B Winning from Lotteries & Cross Word Puzzles, Card games and other games on any sort (Other than winning from online Games) Rs. 10,000 p.a.   30%
    194BA Winning From Online Games  No Limit   30%
    194BB Winnings from horse races