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| Corporate Practice bd |
Tax Deducted at Source (TDS) is a mechanism used by
governments to collect tax at the point where a transaction takes place.
Instead of waiting until the taxpayer files their tax return, TDS ensures that
the tax is collected in advance by the payer of income or the individual making
a payment.
Tax Deduction at Source(TDS)(FY-2024-2025)
|
SL.NO. |
Particulars of TDS |
|
TDS Rate |
Remarks |
|
01 |
Oil refinery company |
|
2% |
|
|
02 |
Gas transmission |
|
2% |
|
|
03 |
Gas distribution company |
|
2% |
|
|
04 |
Raw Material Supplier for industrial purposes |
|
3% |
|
|
05 |
Advisory service |
|
10% |
|
|
06 |
Professional service/technical services fee) |
|
10% |
|
|
07 |
Cleaning agency Commission |
|
10% |
|
|
08 |
Courier service/personal security |
|
2% |
On total bill |
|
09 |
Event Management |
|
2% |
On total bill |
|
10 |
Indenting commission |
|
8% |
|
|
11 |
Meeting fee/Training fee |
|
10% |
|
|
12 |
Mobile Network operator |
|
12% |
|
|
13 |
Credit rating Agency |
|
10% |
|
|
14 |
Motor garage/workshop |
|
8% |
|
|
15 |
Personal container port/dockyard |
|
8% |
|
|
16 |
Carrier service /rental car/repairing service |
|
5% |
|
|
17 |
Ride Sharing |
|
5% |
|
|
18 |
Internet service |
|
10% |
|
|
19 |
Agent mobile finance banking |
|
10% |
|
|
20 |
On Freighted forwarding agency commission |
|
10% |
|
|
21 |
Lawyer service |
|
20% |
|
|
22 |
advertisement |
|
20% |
|
|
23 |
Digital Marketing |
|
15% |
|
|
24 |
Professional service, technical services, |
|
20% |
|
|
25 |
Architecture/interior design/fashion designer |
|
20% |
|
|
26 |
Certification/Rating etc. |
|
20% |
|
|
27 |
Event management service |
|
20% |
|
|
28 |
Commission |
|
20% |
|
|
29 |
Realty/License fee |
|
20% |
|
|
30 |
Contractor/subcontractor |
|
7.50% |
|
|
31 |
Capital gain |
|
15% |
|
|
32 |
Insurance premium |
|
10% |
|
|
33 |
Dividend received Other than company |
|
30% |
|
|
34 |
Amount receive as a Singer/player |
|
30% |
|
|
35 |
Paid against Bandwidth |
|
10% |
|
|
36 |
Cigarette,Bedi ,Tamak Supplier |
|
10% |
|
|
37 |
Survey fee against general insurance com |
|
5.25% |
|
|
38 |
Courier service |
|
15% |
|
|
39 |
Packing & shifting |
|
2% |
On total bill |
|
40 |
Training center |
|
2% |
On total bill |
|
41 |
Creative Media |
|
2% |
On total bill |
|
42 |
Man power Provider |
|
2% |
On total bill |
|
43 |
Personal Security |
|
2% |
On total bill |
|
44 |
Mobile Network operator |
|
12% |
|
|
45 |
Shipping Agency Commission |
|
8% |
|
|
46 |
Electricity Howling Charge |
|
3% |
|
|
47 |
Mobile Financing service agent |
|
10% |
|
|
48 |
Inspection of reshipment |
|
20% |
|
|
49 |
Insurance premium |
|
10% |
|
|
50 |
Royalty, License fee |
|
20% |
|
|
51 |
Contractor/Sub contractor |
|
7.50% |
|
|
52 |
Product supply |
|
7.50% |
|
|
53 |
Machinery rent |
|
15% |
|
|
54 |
Dividend received from company/Trust |
|
20% |
|
|
55 |
Dividend received by person other than company/Trust |
|
30% |
|
|
56 |
Singer, player receive money |
|
30% |
|
|
57 |
Pay against Bandwidth |
|
10% |
|