What is the TDS rate on rent in 2026-27?

10% for land, building or furniture (code 1009) and 2% for plant, machinery or equipment (code 1008), once rent crosses ₹50,000 a month. Individuals and HUFs not under audit deduct 2% through the Form 141 challan-cum-statement (old 194IB).

What is the TDS rate on contractor payments?

1% for an individual or HUF contractor (code 1023) and 2% for any other contractor (code 1024), where a single payment exceeds ₹30,000 or the year’s total exceeds ₹1,00,000 (old 194C).

What is the TDS rate if the payee has no PAN?

Under Section 397(2) (old section 206AA), TDS is deducted at the higher of the code rate or 20% (5% for purchase of goods and e-commerce). TCS is collected at twice the rate or 5%, whichever is higher, capped at 20%.

Are the old section numbers still valid?

For payments up to 31 March 2026 (FY 2025-26 and earlier), the 1961 Act sections still apply, including in corrections and revised returns. From 1 April 2026, challans and returns use the new payment codes; the chart shows both so you can match them.

Which form replaces 26Q, 27Q, 27EQ and 24Q?

Form 140 replaces 26Q, Form 144 replaces 27Q, Form 143 replaces 27EQ and Form 138 replaces 24Q, for payments from 1 April 2026.

Income Tax · Updated for tax year 2026-27

TDS Rate Chart 2026-27 — Payment Codes, New and Old Sections

The TDS rate chart for tax year 2026-27 lists every payment code under the Income-tax Act, 2025 with its rate, threshold and the old 1961 section it replaces — for example code 1027 (professional fees, old 194J(b)) at 10% above ₹50,000, or code 1024 (contract work, old 194C) at 2%. TDS on residents falls under Section 393(1) (old sec. 193–194T), on non-residents under Section 393(2) (old sec. 195) and TCS under Section 394 (old sec. 206C). Search by old section, code or payment to find the rate.

Find a TDS or TCS rate

Showing 85 of 85 payment codes · tax year 2026-27 (from 1 April 2026)

TDS on payments to residents — Form 140 (old 26Q)

1005Insurance commission — payee other than a company
2%
Section 393(1) [Table: Sl. No. 1(i)] · old 194D
Threshold: ₹20,000 · No PAN: 20%
Calculate TDS →
1005Insurance commission — payee is a domestic company
10%
Section 393(1) [Table: Sl. No. 1(i)] · old 194D
Threshold: ₹20,000 · No PAN: 20%
Calculate TDS →
1006Commission or brokerage (other than insurance)
2%
Section 393(1) [Table: Sl. No. 1(ii)] · old 194H
Threshold: ₹20,000 · No PAN: 20%
Calculate TDS →
1008Rent — plant, machinery or equipment
2%
Section 393(1) [Table: Sl. No. 2(ii).D(a)] · old 194I(a)
Threshold: ₹50,000 a month · No PAN: 20%
Calculate TDS →
1009Rent — land, building or furniture
10%
Section 393(1) [Table: Sl. No. 2(ii).D(b)] · old 194I(b)
Threshold: ₹50,000 a month · No PAN: 20%
Calculate TDS →
1011Joint development agreement — monetary consideration
10%
Section 393(1) [Table: Sl. No. 3(ii)] · old 194IC
Threshold: — · No PAN: 20%
Calculate TDS →
1012Compensation on compulsory acquisition of immovable property
10%
Section 393(1) [Table: Sl. No. 3(iii)] · old 194LA
Threshold: ₹5,00,000 · No PAN: 20%
Calculate TDS →
1013Income from units of a mutual fund
10%
Section 393(1) [Table: Sl. No. 4(i)] · old 194K
Threshold: ₹10,000 · No PAN: 20%
Calculate TDS →
1014Business trust — interest to a resident unit holder
10%
Section 393(1) [Table: Sl. No. 4(ii)] · old 194LBA
Threshold: — · No PAN: 20%
Calculate TDS →
1015Business trust — dividend to a resident unit holder
10%
Section 393(1) [Table: Sl. No. 4(ii)] · old 194LBA
Threshold: — · No PAN: 20%
Calculate TDS →
1016Business trust (REIT) — rent to a resident unit holder
10%
Section 393(1) [Table: Sl. No. 4(ii)] · old 194LBA
Threshold: — · No PAN: 20%
Calculate TDS →
1017Income from units of an investment fund
10%
Section 393(1) [Table: Sl. No. 4(iii)] · old 194LBB
Threshold: — · No PAN: 20%
Calculate TDS →
1018Income from a securitisation trust
10%
Section 393(1) [Table: Sl. No. 4(iv)] · old 194LBC
Threshold: — · No PAN: 20%
Calculate TDS →
1019Interest on securities
10%
Section 393(1) [Table: Sl. No. 5(i)] · old 193
Threshold: ₹10,000 · No PAN: 20%
Calculate TDS →
1020Interest from bank / post office — senior citizen
10%
Section 393(1) [Table: Sl. No. 5(ii).D(a)] · old 194A
Threshold: ₹1,00,000 · No PAN: 20%
Calculate TDS →
1021Interest from bank / post office — others
10%
Section 393(1) [Table: Sl. No. 5(ii).D(b)] · old 194A
Threshold: ₹50,000 · No PAN: 20%
Calculate TDS →
1022Interest other than from bank / post office
10%
Section 393(1) [Table: Sl. No. 5(iii)] · old 194A
Threshold: ₹10,000 · No PAN: 20%
Calculate TDS →
1023Contract work — contractor is an individual or HUF
1%
Section 393(1) [Table: Sl. No. 6(i).D(a)] · old 194C
Threshold: ₹30,000 a payment or ₹1,00,000 a year · No PAN: 20%
Calculate TDS →
1024Contract work — contractor is any other person
2%
Section 393(1) [Table: Sl. No. 6(i).D(b)] · old 194C
Threshold: ₹30,000 a payment or ₹1,00,000 a year · No PAN: 20%
Calculate TDS →
1026Fees for technical services, film royalty, call centre
2%
Section 393(1) [Table: Sl. No. 6(iii).D(a)] · old 194J(a)
Threshold: ₹50,000 · No PAN: 20%
Calculate TDS →
1027Fees for professional services
10%
Section 393(1) [Table: Sl. No. 6(iii).D(b)] · old 194J(b)
Threshold: ₹50,000 · No PAN: 20%
Calculate TDS →
1028Remuneration, fees or commission to a director (non-salary)
10%
Section 393(1) [Table: Sl. No. 6(iii).D(b)] · old 194J(b)
Threshold: — · No PAN: 20%
Calculate TDS →
1029Dividend
10%
Section 393(1) [Table: Sl. No. 7] · old 194
Threshold: ₹10,000 (individual) · No PAN: 20%
Calculate TDS →
1030Life insurance policy payout (taxable part)
2%
Section 393(1) [Table: Sl. No. 8(i)] · old 194DA
Threshold: ₹1,00,000 · No PAN: 20%
Calculate TDS →
1031Purchase of goods
0.1%
Section 393(1) [Table: Sl. No. 8(ii)] · old 194Q
Threshold: Above ₹50 lakh a year · No PAN: 5%
Calculate TDS →
1033Benefit or perquisite of business or profession
10%
Section 393(1) [Table: Sl. No. 8(iv)] · old 194R
Threshold: ₹20,000 · No PAN: 20%
Calculate TDS →
1035E-commerce operator — sales by e-commerce participant
0.1%
Section 393(1) [Table: Sl. No. 8(v)] · old 194O
Threshold: ₹5 lakh (individual / HUF) · No PAN: 5%
Calculate TDS →
1037Transfer of virtual digital asset
1%
Section 393(1) [Table: Sl. No. 8(vi)] · old 194S
Threshold: ₹10,000 · No PAN: 20%
Calculate TDS →
1058Winnings from lottery, crossword, card game or betting
30%
Section 393(3) [Table: Sl. No. 1] · old 194B
Threshold: ₹10,000 a transaction · No PAN: 30%
Calculate TDS →
1060Winnings from online games
30%
Section 393(3) [Table: Sl. No. 2] · old 194BA
Threshold: — · No PAN: 30%
Calculate TDS →
1062Winnings from horse races
30%
Section 393(3) [Table: Sl. No. 3] · old 194BB
Threshold: ₹10,000 a transaction · No PAN: 30%
Calculate TDS →
1063Commission on sale of lottery tickets
2%
Section 393(3) [Table: Sl. No. 4] · old 194G
Threshold: ₹20,000 · No PAN: 20%
Calculate TDS →
1064Cash withdrawal — payee is a co-operative society
2%
Section 393(3) [Table: Sl. No. 5.D(a)] · old 194N
Threshold: ₹3 crore a year · No PAN: 20%
Calculate TDS →
1065Cash withdrawal — any other payee
2%
Section 393(3) [Table: Sl. No. 5.D(b)] · old 194N
Threshold: ₹1 crore a year · No PAN: 20%
Calculate TDS →
1066Withdrawal from National Savings Scheme
10%
Section 393(3) [Table: Sl. No. 6] · old 194EE
Threshold: ₹2,500 · No PAN: 20%
Calculate TDS →
1067Salary, remuneration, commission or interest to a partner
10%
Section 393(3) [Table: Sl. No. 7] · old 194T
Threshold: ₹20,000 · No PAN: 20%
Calculate TDS →
Form 141Rent paid by an individual / HUF not under audit
2%
Section 393(1) [Table: Sl. No. 2(i)] · old 194IB
Threshold: ₹50,000 a month · No PAN: 20%
Calculate TDS →
Form 141Purchase of immovable property
1%
Section 393(1) [Table: Sl. No. 3(i)] · old 194IA
Threshold: ₹50 lakh or more · No PAN: 20%
Calculate TDS →
Form 141Contract / professional fees paid by an individual / HUF not under audit
2%
Section 393(1) [Table: Sl. No. 6(ii)] · old 194M
Threshold: ₹50 lakh a year · No PAN: 20%
Calculate TDS →
Form 141Virtual digital asset bought by an individual / HUF not under audit
1%
Section 393(1) [Table: Sl. No. 8(vi)] · old 194S
Threshold: — · No PAN: 20%
Calculate TDS →

Code	Nature of payment	Section (2025 Act)	Old section	Threshold	Rate	No PAN	Calculate
1005	Insurance commission — payee other than a company	393(1) [Table: Sl. No. 1(i)]	194D	₹20,000	2%	20%	Calculate
1005	Insurance commission — payee is a domestic company	393(1) [Table: Sl. No. 1(i)]	194D	₹20,000	10%	20%	Calculate
1006	Commission or brokerage (other than insurance)	393(1) [Table: Sl. No. 1(ii)]	194H	₹20,000	2%	20%	Calculate
1008	Rent — plant, machinery or equipment	393(1) [Table: Sl. No. 2(ii).D(a)]	194I(a)	₹50,000 a month	2%	20%	Calculate
1009	Rent — land, building or furniture	393(1) [Table: Sl. No. 2(ii).D(b)]	194I(b)	₹50,000 a month	10%	20%	Calculate
1011	Joint development agreement — monetary consideration	393(1) [Table: Sl. No. 3(ii)]	194IC	—	10%	20%	Calculate
1012	Compensation on compulsory acquisition of immovable property	393(1) [Table: Sl. No. 3(iii)]	194LA	₹5,00,000	10%	20%	Calculate
1013	Income from units of a mutual fund	393(1) [Table: Sl. No. 4(i)]	194K	₹10,000	10%	20%	Calculate
1014	Business trust — interest to a resident unit holder	393(1) [Table: Sl. No. 4(ii)]	194LBA	—	10%	20%	Calculate
1015	Business trust — dividend to a resident unit holder	393(1) [Table: Sl. No. 4(ii)]	194LBA	—	10%	20%	Calculate
1016	Business trust (REIT) — rent to a resident unit holder	393(1) [Table: Sl. No. 4(ii)]	194LBA	—	10%	20%	Calculate
1017	Income from units of an investment fund	393(1) [Table: Sl. No. 4(iii)]	194LBB	—	10%	20%	Calculate
1018	Income from a securitisation trust	393(1) [Table: Sl. No. 4(iv)]	194LBC	—	10%	20%	Calculate
1019	Interest on securities	393(1) [Table: Sl. No. 5(i)]	193	₹10,000	10%	20%	Calculate
1020	Interest from bank / post office — senior citizen	393(1) [Table: Sl. No. 5(ii).D(a)]	194A	₹1,00,000	10%	20%	Calculate
1021	Interest from bank / post office — others	393(1) [Table: Sl. No. 5(ii).D(b)]	194A	₹50,000	10%	20%	Calculate
1022	Interest other than from bank / post office	393(1) [Table: Sl. No. 5(iii)]	194A	₹10,000	10%	20%	Calculate
1023	Contract work — contractor is an individual or HUF	393(1) [Table: Sl. No. 6(i).D(a)]	194C	₹30,000 a payment or ₹1,00,000 a year	1%	20%	Calculate
1024	Contract work — contractor is any other person	393(1) [Table: Sl. No. 6(i).D(b)]	194C	₹30,000 a payment or ₹1,00,000 a year	2%	20%	Calculate
1026	Fees for technical services, film royalty, call centre	393(1) [Table: Sl. No. 6(iii).D(a)]	194J(a)	₹50,000	2%	20%	Calculate
1027	Fees for professional services	393(1) [Table: Sl. No. 6(iii).D(b)]	194J(b)	₹50,000	10%	20%	Calculate
1028	Remuneration, fees or commission to a director (non-salary)	393(1) [Table: Sl. No. 6(iii).D(b)]	194J(b)	—	10%	20%	Calculate
1029	Dividend	393(1) [Table: Sl. No. 7]	194	₹10,000 (individual)	10%	20%	Calculate
1030	Life insurance policy payout (taxable part)	393(1) [Table: Sl. No. 8(i)]	194DA	₹1,00,000	2%	20%	Calculate
1031	Purchase of goods	393(1) [Table: Sl. No. 8(ii)]	194Q	Above ₹50 lakh a year	0.1%	5%	Calculate
1033	Benefit or perquisite of business or profession	393(1) [Table: Sl. No. 8(iv)]	194R	₹20,000	10%	20%	Calculate
1035	E-commerce operator — sales by e-commerce participant	393(1) [Table: Sl. No. 8(v)]	194O	₹5 lakh (individual / HUF)	0.1%	5%	Calculate
1037	Transfer of virtual digital asset	393(1) [Table: Sl. No. 8(vi)]	194S	₹10,000	1%	20%	Calculate
1058	Winnings from lottery, crossword, card game or betting	393(3) [Table: Sl. No. 1]	194B	₹10,000 a transaction	30%	30%	Calculate
1060	Winnings from online games	393(3) [Table: Sl. No. 2]	194BA	—	30%	30%	Calculate
1062	Winnings from horse races	393(3) [Table: Sl. No. 3]	194BB	₹10,000 a transaction	30%	30%	Calculate
1063	Commission on sale of lottery tickets	393(3) [Table: Sl. No. 4]	194G	₹20,000	2%	20%	Calculate
1064	Cash withdrawal — payee is a co-operative society	393(3) [Table: Sl. No. 5.D(a)]	194N	₹3 crore a year	2%	20%	Calculate
1065	Cash withdrawal — any other payee	393(3) [Table: Sl. No. 5.D(b)]	194N	₹1 crore a year	2%	20%	Calculate
1066	Withdrawal from National Savings Scheme	393(3) [Table: Sl. No. 6]	194EE	₹2,500	10%	20%	Calculate
1067	Salary, remuneration, commission or interest to a partner	393(3) [Table: Sl. No. 7]	194T	₹20,000	10%	20%	Calculate
Form 141	Rent paid by an individual / HUF not under audit	393(1) [Table: Sl. No. 2(i)]	194IB	₹50,000 a month	2%	20%	Calculate
Form 141	Purchase of immovable property	393(1) [Table: Sl. No. 3(i)]	194IA	₹50 lakh or more	1%	20%	Calculate
Form 141	Contract / professional fees paid by an individual / HUF not under audit	393(1) [Table: Sl. No. 6(ii)]	194M	₹50 lakh a year	2%	20%	Calculate
Form 141	Virtual digital asset bought by an individual / HUF not under audit	393(1) [Table: Sl. No. 8(vi)]	194S	—	1%	20%	Calculate

TDS on payments to non-residents — Form 144 (old 27Q)

1004Accumulated PF balance paid to an employee
10%
Section 392(7) · old 192A
Threshold: — · No PAN: 20%
Calculate TDS →
1039Non-resident sportsman, entertainer or sports association
20%
Section 393(2) [Table: Sl. No. 1] · old 194E
Threshold: — · No PAN: 20%
Calculate TDS →
1040Interest on foreign-currency borrowing (before 1 July 2023)
5%
Section 393(2) [Table: Sl. No. 2] · old 194LC
Threshold: — · No PAN: 20%
Calculate TDS →
1041Interest on rupee-denominated bonds (before 1 July 2023)
5%
Section 393(2) [Table: Sl. No. 3] · old 194LD
Threshold: — · No PAN: 20%
Calculate TDS →
1042Interest on IFSC-listed bonds (1 April 2020 – 30 June 2023)
4%
Section 393(2) [Table: Sl. No. 4.E(a)] · old 194LC
Threshold: — · No PAN: 20%
Calculate TDS →
1043Interest on IFSC-listed bonds (from 1 July 2023)
9%
Section 393(2) [Table: Sl. No. 4.E(b)] · old 194LC
Threshold: — · No PAN: 20%
Calculate TDS →
1044Interest from an infrastructure debt fund
5%
Section 393(2) [Table: Sl. No. 5] · old 194LB
Threshold: — · No PAN: 20%
Calculate TDS →
1045Business trust distributed income — interest
5%
Section 393(2) [Table: Sl. No. 6.E(a)] · old 194LBA
Threshold: — · No PAN: 20%
Calculate TDS →
1046Business trust distributed income — dividend
10%
Section 393(2) [Table: Sl. No. 6.E(b)] · old 194LBA
Threshold: — · No PAN: 20%
Calculate TDS →
1050Income from units of a mutual fund / specified company
20%
Section 393(2) [Table: Sl. No. 10] · old 196A
Threshold: — · No PAN: 20%
Calculate TDS →
1051Income from units of an offshore fund
10%
Section 393(2) [Table: Sl. No. 11] · old 196B
Threshold: — · No PAN: 20%
Calculate TDS →
1052Long-term gains on offshore fund units
12.5%
Section 393(2) [Table: Sl. No. 12] · old 196B
Threshold: — · No PAN: 20%
Calculate TDS →
1053Interest or dividend on bonds / GDRs
10%
Section 393(2) [Table: Sl. No. 13] · old 196C
Threshold: — · No PAN: 20%
Calculate TDS →
1054Long-term gains on bonds / GDRs
12.5%
Section 393(2) [Table: Sl. No. 14] · old 196C
Threshold: — · No PAN: 20%
Calculate TDS →
1055Income from securities — Foreign Institutional Investor
20%
Section 393(2) [Table: Sl. No. 15] · old 196D
Threshold: — · No PAN: 20%
Calculate TDS →
1057Fees for technical services / royalty to a non-resident
20%
Section 393(2) [Table: Sl. No. 17] · old 195
Threshold: — · No PAN: 20%
Calculate TDS →
1057Long-term capital gains of a non-resident
12.5%
Section 393(2) [Table: Sl. No. 17] · old 195
Threshold: — · No PAN: 20%
Calculate TDS →
1057Short-term gains on listed equity (STT paid)
20%
Section 393(2) [Table: Sl. No. 17] · old 195
Threshold: — · No PAN: 20%
Calculate TDS →
1057Any other sum to a non-resident (non-company)
30%
Section 393(2) [Table: Sl. No. 17] · old 195
Threshold: — · No PAN: 30%
Calculate TDS →
1058Winnings from lottery, crossword, card game or betting
30%
Section 393(3) [Table: Sl. No. 1] · old 194B
Threshold: — · No PAN: 30%
Calculate TDS →
1067Remuneration or interest to a non-resident partner
10%
Section 393(3) [Table: Sl. No. 7] · old 194T
Threshold: — · No PAN: 20%
Calculate TDS →

Code	Nature of payment	Section (2025 Act)	Old section	Threshold	Rate	No PAN	Calculate
1004	Accumulated PF balance paid to an employee	392(7)	192A	—	10%	20%	Calculate
1039	Non-resident sportsman, entertainer or sports association	393(2) [Table: Sl. No. 1]	194E	—	20%	20%	Calculate
1040	Interest on foreign-currency borrowing (before 1 July 2023)	393(2) [Table: Sl. No. 2]	194LC	—	5%	20%	Calculate
1041	Interest on rupee-denominated bonds (before 1 July 2023)	393(2) [Table: Sl. No. 3]	194LD	—	5%	20%	Calculate
1042	Interest on IFSC-listed bonds (1 April 2020 – 30 June 2023)	393(2) [Table: Sl. No. 4.E(a)]	194LC	—	4%	20%	Calculate
1043	Interest on IFSC-listed bonds (from 1 July 2023)	393(2) [Table: Sl. No. 4.E(b)]	194LC	—	9%	20%	Calculate
1044	Interest from an infrastructure debt fund	393(2) [Table: Sl. No. 5]	194LB	—	5%	20%	Calculate
1045	Business trust distributed income — interest	393(2) [Table: Sl. No. 6.E(a)]	194LBA	—	5%	20%	Calculate
1046	Business trust distributed income — dividend	393(2) [Table: Sl. No. 6.E(b)]	194LBA	—	10%	20%	Calculate
1050	Income from units of a mutual fund / specified company	393(2) [Table: Sl. No. 10]	196A	—	20%	20%	Calculate
1051	Income from units of an offshore fund	393(2) [Table: Sl. No. 11]	196B	—	10%	20%	Calculate
1052	Long-term gains on offshore fund units	393(2) [Table: Sl. No. 12]	196B	—	12.5%	20%	Calculate
1053	Interest or dividend on bonds / GDRs	393(2) [Table: Sl. No. 13]	196C	—	10%	20%	Calculate
1054	Long-term gains on bonds / GDRs	393(2) [Table: Sl. No. 14]	196C	—	12.5%	20%	Calculate
1055	Income from securities — Foreign Institutional Investor	393(2) [Table: Sl. No. 15]	196D	—	20%	20%	Calculate
1057	Fees for technical services / royalty to a non-resident	393(2) [Table: Sl. No. 17]	195	—	20%	20%	Calculate
1057	Long-term capital gains of a non-resident	393(2) [Table: Sl. No. 17]	195	—	12.5%	20%	Calculate
1057	Short-term gains on listed equity (STT paid)	393(2) [Table: Sl. No. 17]	195	—	20%	20%	Calculate
1057	Any other sum to a non-resident (non-company)	393(2) [Table: Sl. No. 17]	195	—	30%	30%	Calculate
1058	Winnings from lottery, crossword, card game or betting	393(3) [Table: Sl. No. 1]	194B	—	30%	30%	Calculate
1067	Remuneration or interest to a non-resident partner	393(3) [Table: Sl. No. 7]	194T	—	10%	20%	Calculate

TCS — Form 143 (old 27EQ)

1068Sale of alcoholic liquor
2%
Section 394(1) [Table: Sl. No. 1] · old 206C(1)
Threshold: — · No PAN: 5%
Calculate TDS →
1069Sale of tendu leaves
2%
Section 394(1) [Table: Sl. No. 2] · old 206C(1)
Threshold: — · No PAN: 5%
Calculate TDS →
1070Sale of timber — forest lease
2%
Section 394(1) [Table: Sl. No. 3] · old 206C(1)
Threshold: — · No PAN: 5%
Calculate TDS →
1071Sale of timber — other than forest lease
2%
Section 394(1) [Table: Sl. No. 3] · old 206C(1)
Threshold: — · No PAN: 5%
Calculate TDS →
1072Sale of other forest produce — forest lease
2%
Section 394(1) [Table: Sl. No. 3] · old 206C(1)
Threshold: — · No PAN: 5%
Calculate TDS →
1073Sale of scrap
2%
Section 394(1) [Table: Sl. No. 4] · old 206C(1)
Threshold: — · No PAN: 5%
Calculate TDS →
1074Sale of coal, lignite or iron ore
2%
Section 394(1) [Table: Sl. No. 5] · old 206C(1)
Threshold: — · No PAN: 5%
Calculate TDS →
1075Sale of motor vehicle above ₹10 lakh
1%
Section 394(1) [Table: Sl. No. 6.D(a)] · old 206C(1F)
Threshold: ₹10,00,000 · No PAN: 5%
Calculate TDS →
1076Sale of wrist watch above the threshold
1%
Section 394(1) [Table: Sl. No. 6.D(b)] · old 206C(1F)
Threshold: ₹10,00,000 · No PAN: 5%
Calculate TDS →
1077Sale of art piece (antique, painting, sculpture) above the threshold
1%
Section 394(1) [Table: Sl. No. 6.D(b)] · old 206C(1F)
Threshold: ₹10,00,000 · No PAN: 5%
Calculate TDS →
1078Sale of collectible (coin, stamp) above the threshold
1%
Section 394(1) [Table: Sl. No. 6.D(b)] · old 206C(1F)
Threshold: ₹10,00,000 · No PAN: 5%
Calculate TDS →
1079Sale of yacht, boat, canoe or helicopter above the threshold
1%
Section 394(1) [Table: Sl. No. 6.D(b)] · old 206C(1F)
Threshold: ₹10,00,000 · No PAN: 5%
Calculate TDS →
1080Sale of pair of sunglasses above the threshold
1%
Section 394(1) [Table: Sl. No. 6.D(b)] · old 206C(1F)
Threshold: ₹10,00,000 · No PAN: 5%
Calculate TDS →
1081Sale of handbag or purse above the threshold
1%
Section 394(1) [Table: Sl. No. 6.D(b)] · old 206C(1F)
Threshold: ₹10,00,000 · No PAN: 5%
Calculate TDS →
1082Sale of pair of shoes above the threshold
1%
Section 394(1) [Table: Sl. No. 6.D(b)] · old 206C(1F)
Threshold: ₹10,00,000 · No PAN: 5%
Calculate TDS →
1083Sale of sportswear and equipment above the threshold
1%
Section 394(1) [Table: Sl. No. 6.D(b)] · old 206C(1F)
Threshold: ₹10,00,000 · No PAN: 5%
Calculate TDS →
1084Sale of home theatre system above the threshold
1%
Section 394(1) [Table: Sl. No. 6.D(b)] · old 206C(1F)
Threshold: ₹10,00,000 · No PAN: 5%
Calculate TDS →
1085Sale of horse for racing or polo above the threshold
1%
Section 394(1) [Table: Sl. No. 6.D(b)] · old 206C(1F)
Threshold: ₹10,00,000 · No PAN: 5%
Calculate TDS →
1086LRS remittance for education or medical treatment
2%
Section 394(1) [Table: Sl. No. 7.D(a)] · old 206C(1G)
Threshold: Above ₹10 lakh a year · No PAN: 5%
Calculate TDS →
1087LRS remittance for other purposes
20%
Section 394(1) [Table: Sl. No. 7.D(b)] · old 206C(1G)
Threshold: Above ₹10 lakh a year · No PAN: 20%
Calculate TDS →
1088Overseas tour package
2%
Section 394(1) [Table: Sl. No. 8] · old 206C(1G)
Threshold: — · No PAN: 5%
Calculate TDS →
1090Parking lot licence or lease
2%
Section 394(1) [Table: Sl. No. 9] · old 206C(1C)
Threshold: — · No PAN: 5%
Calculate TDS →
1091Toll plaza licence or lease
2%
Section 394(1) [Table: Sl. No. 9] · old 206C(1C)
Threshold: — · No PAN: 5%
Calculate TDS →
1092Mine or quarry licence or lease
2%
Section 394(1) [Table: Sl. No. 9] · old 206C(1C)
Threshold: — · No PAN: 5%
Calculate TDS →

Code	Nature of payment	Section (2025 Act)	Old section	Threshold	Rate	No PAN	Calculate
1068	Sale of alcoholic liquor	394(1) [Table: Sl. No. 1]	206C(1)	—	2%	5%	Calculate
1069	Sale of tendu leaves	394(1) [Table: Sl. No. 2]	206C(1)	—	2%	5%	Calculate
1070	Sale of timber — forest lease	394(1) [Table: Sl. No. 3]	206C(1)	—	2%	5%	Calculate
1071	Sale of timber — other than forest lease	394(1) [Table: Sl. No. 3]	206C(1)	—	2%	5%	Calculate
1072	Sale of other forest produce — forest lease	394(1) [Table: Sl. No. 3]	206C(1)	—	2%	5%	Calculate
1073	Sale of scrap	394(1) [Table: Sl. No. 4]	206C(1)	—	2%	5%	Calculate
1074	Sale of coal, lignite or iron ore	394(1) [Table: Sl. No. 5]	206C(1)	—	2%	5%	Calculate
1075	Sale of motor vehicle above ₹10 lakh	394(1) [Table: Sl. No. 6.D(a)]	206C(1F)	₹10,00,000	1%	5%	Calculate
1076	Sale of wrist watch above the threshold	394(1) [Table: Sl. No. 6.D(b)]	206C(1F)	₹10,00,000	1%	5%	Calculate
1077	Sale of art piece (antique, painting, sculpture) above the threshold	394(1) [Table: Sl. No. 6.D(b)]	206C(1F)	₹10,00,000	1%	5%	Calculate
1078	Sale of collectible (coin, stamp) above the threshold	394(1) [Table: Sl. No. 6.D(b)]	206C(1F)	₹10,00,000	1%	5%	Calculate
1079	Sale of yacht, boat, canoe or helicopter above the threshold	394(1) [Table: Sl. No. 6.D(b)]	206C(1F)	₹10,00,000	1%	5%	Calculate
1080	Sale of pair of sunglasses above the threshold	394(1) [Table: Sl. No. 6.D(b)]	206C(1F)	₹10,00,000	1%	5%	Calculate
1081	Sale of handbag or purse above the threshold	394(1) [Table: Sl. No. 6.D(b)]	206C(1F)	₹10,00,000	1%	5%	Calculate
1082	Sale of pair of shoes above the threshold	394(1) [Table: Sl. No. 6.D(b)]	206C(1F)	₹10,00,000	1%	5%	Calculate
1083	Sale of sportswear and equipment above the threshold	394(1) [Table: Sl. No. 6.D(b)]	206C(1F)	₹10,00,000	1%	5%	Calculate
1084	Sale of home theatre system above the threshold	394(1) [Table: Sl. No. 6.D(b)]	206C(1F)	₹10,00,000	1%	5%	Calculate
1085	Sale of horse for racing or polo above the threshold	394(1) [Table: Sl. No. 6.D(b)]	206C(1F)	₹10,00,000	1%	5%	Calculate
1086	LRS remittance for education or medical treatment	394(1) [Table: Sl. No. 7.D(a)]	206C(1G)	Above ₹10 lakh a year	2%	5%	Calculate
1087	LRS remittance for other purposes	394(1) [Table: Sl. No. 7.D(b)]	206C(1G)	Above ₹10 lakh a year	20%	20%	Calculate
1088	Overseas tour package	394(1) [Table: Sl. No. 8]	206C(1G)	—	2%	5%	Calculate
1090	Parking lot licence or lease	394(1) [Table: Sl. No. 9]	206C(1C)	—	2%	5%	Calculate
1091	Toll plaza licence or lease	394(1) [Table: Sl. No. 9]	206C(1C)	—	2%	5%	Calculate
1092	Mine or quarry licence or lease	394(1) [Table: Sl. No. 9]	206C(1C)	—	2%	5%	Calculate

Salary (Form 138, old 24Q) is taxed at the employee’s slab rates under section 392 (old 192), so it has no fixed rate. Non-resident rates in Form 144 are before surcharge and 4% cess, and a lower DTAA rate can apply with a valid tax residency certificate. “Form 141” rows are paid through the challan-cum-statement, not a quarterly return.

Disclaimer: Computed to the best of our knowledge, as per the law — including the section changes under the Income-tax Act, 2025 — in force on the date this website was last deployed (1 Oct 2026). Results are estimates for guidance only and are not tax, legal or investment advice. Please verify with the Act, rules and notifications, or a qualified professional, before relying on them. Rates and limits last reviewed on 28 Sep 2026.

How to use the TDS Rate Chart 2026-27

1
Choose a tab: residents (Form 140, old 26Q), non-residents (Form 144, old 27Q) or TCS (Form 143, old 27EQ), or keep “All”.
2
Search by the old section you know (194J, 194C, 206C(1G)), the new payment code (1027) or a word (rent, commission, scrap).
3
Read the rate, the threshold above which TDS applies and the higher rate if the payee has no valid PAN.
4
Click “Calculate” on any row to open the TDS calculator with that payment code already selected.

How the rates in the chart apply

TDS = Payment amount × rate for the payment code (once the threshold is crossed)

No valid PAN (TDS): higher of the code rate or 20% (5% for codes 1031 and 1035)

No valid PAN (TCS): higher of 2 × code rate or 5%, capped at 20%

Non-residents (Form 144): rate + surcharge + 4% health and education cess, or the DTAA rate if lower

Thresholds are per payment or per year as shown against each code. Where GST is shown separately on the invoice, TDS on payments to residents is generally deducted on the amount before GST. The higher no-PAN rate is under Section 397(2) (old sec. 206AA).

Reading the chart — three examples

Professional fees of ₹1,20,000 to a CA firm: code 1027, Section 393(1) [Table: Sl. No. 6(iii).D(b)] (old sec. 194J(b)), 10% → TDS ₹12,000 (₹24,000 if the firm has no valid PAN).
Office rent of ₹80,000 a month: code 1009, old 194I(b), 10% because rent is above ₹50,000 a month → TDS ₹8,000 a month.
Car sold for ₹15,00,000: TCS code 1075, old 206C(1F), 1% because the price is above ₹10 lakh → TCS ₹15,000 collected from the buyer.

What changed in the TDS rates for 2026-27

From 1 April 2026 the Income-tax Act, 2025 replaced the 194-series sections with three provisions: Section 392 (old sec. 192) for salary, Section 393 (old sec. 193–196D) for all other TDS and Section 394 (old sec. 206C) for TCS. Each nature of payment now has a four-digit payment code that is quoted in challans and in the quarterly returns, which are renamed Form 138 (salary), Form 140 (residents), Form 144 (non-residents) and Form 143 (TCS).

Most rates and thresholds carry over from the Finance Act, 2025 changes — for example commission and brokerage at 2%, rent at ₹50,000 a month, dividend at ₹10,000 and the new 10% TDS on payments by firms to partners (old 194T). TCS on sale of goods under old 206C(1H) has been removed. To find the new number of any other section, use the old vs new section mapper.

Old section to new payment code — the ones searched most

Use the search box above for any other code.

194C contract work → 1023 (individual / HUF, 1%) or 1024 (others, 2%)
194J → 1026 technical services (2%), 1027 professional fees (10%), 1028 director fees (10%)
194I rent → 1008 plant and machinery (2%) or 1009 land, building or furniture (10%)
194H commission → 1006 (2%); 194D insurance commission → 1005
194A interest → 1020, 1021 (bank) or 1022 (others), all 10%
194Q purchase of goods → 1031 (0.1%); 194O e-commerce → 1035 (0.1%)
194IA property, 194IB rent and 194M by individuals → Form 141 challan-cum-statement
195 non-residents → 1057; 206C(1G) LRS → 1086 / 1087

Deadlines after you deduct

Deposit TDS by the 7th of the following month (30 April for March), file the quarterly TDS return by 31 July, 31 October, 31 January and 31 May, and issue TDS certificates after each return. Late deposit costs 1% or 1.5% a month under Section 398(3)(a) (old sec. 201(1A)) and a late return costs ₹200 a day under Section 427 (old sec. 234E). All monthly and quarterly dates are in the compliance calendar.

Frequently Asked Questions

10% under payment code 1027 (old 194J(b)) when fees cross ₹50,000 in a year. Fees for technical services use code 1026 at 2%, and fees to directors use code 1028 at 10% with no threshold.

Legal references

New section under the Income-tax Act, 2025, with the old 1961 section in brackets.

Section 392 (old sec. 192)TDS on salary — Form 138, slab rates
Section 393(1) (old sec. 193–194T)TDS on payments to residents — codes 1005–1038
Section 393(2) (old sec. 195)TDS on payments to non-residents — codes 1039–1057
Section 393(3) (old sec. 194B, 194N, 194T and others)TDS on payments to any person — codes 1058–1067
Section 394 (old sec. 206C)TCS — codes 1068–1092
Section 397(2) (old sec. 206AA)Higher rate when the payee has no valid PAN

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