TDS Rates for Non-Residents u/s 195 of Income Tax Act, 1961

Nature of Payment Co. Others
1. Long Term Capital Gains u/s 115E NA 10%
2. Other Long Term Capital Gains (excluding u/s 10(33), 10(36) & 10 (38)) 20% 20%
3. Short Term Capital Gains u/s. 111A 15% 15%
4. Investment income from Foreign Exchange Assets NA 20%
5. Interest payable on moneys borrowed or debt incurred in Foreign Currency 20% 20%
6.

Royalty & Fees for technical services u/s. 115A
- Agreement  1st June, 1997 to 31st May, 2005
- Agreement on or after 1st June 2005


20%
10%

20%
10%
7. Winnings from Lotteries, Crossword Puzzles and Horse Races 30% 30%
8. Any Other Income 40% 30%

Surcharge & Education Cess

Type of Payment Surcharge Rate Education Cess (4.00%)
Payment to Non-Residents (other than Cos) Upto 1cr Nil Yes
> 1 Crore 15%
 Payments to Foreign Co.
Upto 1cr Nil Yes
> 1 Crore 2%
> 10 Crores 5%

Interest on delay in deposit of tax after deduction

Stage of deduction Upto 30th June 2010 (Rate per month or part of the month) From 1st July 2010(Rate per month or part of the month)

From date when deductible till actual deduction

1% 1%

From date of deduction till payment

1% 1.5%
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News, Due Date Reminder and Location Map

News

Due Date Reminder

Jan Feb Mar Apr May June
July Aug Sep Oct Nov Dec
All
15 Jun 24 Deposit of First Instalment of Advance Tax (15%) by all assessees (other than 44AD & 44ADAD cases).
15 Jun 24 Issue of Salary TDS Certificates for FY 23-24.
15 Jun 24 Issue of TDS Certificates for Q4 of FY 23-24
15 Jun 24 Details of Deposit of TDS/TCS of May by book entry by an office of the Government.
15 Jun 24 Payment of ESI for May
15 Jun 24 E-Payment of PF for May.
20 Jun 24 Summary Return cum Payment of Tax for May by Monthly filers. (other than QRMP).
20 Jun 24 Monthly Return by persons outside India providing online information and data base access or retrieval services, for May.
25 Jun 24 Deposit of GST of May under QRMP scheme.
28 Jun 24 Return for May by persons with Unique Identification Number (UIN) like embassies etc to get refund under GST for goods and services purchased by them.
29 Jun 24 Return of Statutory Compliances within 90 days from the close of the first financial year after its incorporation and where applicable,the second financial year.
30 Jun 24 Deposit of TDS u/s 194-IB @ 5% on total payment of Rent more than 50,000 pm by individual or HUF (not liable to tax audit) during FY 24-25, where lease has terminated in May. (Else TDS is to be deposited on annual basis by 30 April of next year.)
30 Jun 24 Deposit of TDS on Virtual Digital Assets u/s 194S for May.
30 Jun 24 Annual Return of Securities Transaction Tax by Listed Cos/Mutual Funds for FY 2023-24 .
30 Jun 24 Application for registration/provisional registration, intimation, approval/provisional approval of Trusts etc.
30 Jun 24 Application for conversion of provisional registration to regular or renewal of registration /approval after 5 years of registration /approval of Trust, institution, etc.
30 Jun 24 Efiling of Annual Statement of Equalisation Levy for 2023-24. (Google Tax/Tax on Digital Ads by service recipient on payments above 1 lac to a foreign service provider)
30 Jun 24 Online annual updation of IEC details . If no changes, confirm same online. Else IEC will be deactivated.
30 Jun 24 Updation of Nomination details or express opting out in Demat/Trading/Mutual fund accounts to avoid deactivation.
30 Jun 24 Annual Return of Deposits by Companies other than NBFCs for FY 23-24.
30 Jun 24 Director’s Disclosure of Interest and Non-disqualification by Companies.
30 Jun 24 Holding of Board Meeting by Companies for Q1 .
30 Jun 24 Quarterly return of non-deduction at source by banks from interest on time deposit for January-March quarter.
30 Jun 24 Deposit of TDS u/s 194-IA on payment made for purchase of property in May.
30 Jun 24 Deposit of TDS on certain payments made by individual/HUF u/s 194M for May.
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