Minimum amount up to which TDS is not deducted / TDS Rate Chart / ( TDS Threshold limit) for F.Y 2016-17

Minimum amount up to which TDS is not deducted / FAQs on Tax Deducted at Source/ Tax Deducted at Source (TDS) Rate Chart/Slab for Financial Year (FY) 2016-17 / Assessment Year (AY) 2017-18

Below is TDS/TCS Rates Chart for Financial Year 2016-17/ Assessment Year 2017-18. Below is Upto date TDS rate chart considering the amendments.

TDS deduction limit / Tax Deducted at Source (TDS) Rate Chart/Slab for Financial Year (FY) 2016-17 / Assessment Year (AY) 2017-18

S.No.	Particular	Sec	Threshold limist	Rate
1	No deduction of tax at source from salaries​	192	If net taxable income is less than maximum amount which is not chargeable to tax (Rs. 2,50,000 for an individual, Rs. 3,00,000 for Senior Citizens and Rs. 5,00,000 for Super Senior Citizens)	On the average rates on the basis of per rates for individuals. (30% if no valid PAN)
1A.	No TDS from payment of provident fund account of an employee​	192A	If amount paid is less than Rs. 30,000. (Rs. 50,000 w.e.f. 1-6-2016)	10% (30% if no valid PAN)
2	No TDS from interest paid on debentures issued by a company in which public are substantially interested. Provident interest is paid by account payee cheque to resident individual or HUF	193	If amount paid or payable during the financial year does not exceed Rs. 5,000	10% (20% if no valid PAN)
3	No TDS from interest on 8% Saving (Taxable) Bonds 2003 paid to a resident persons	193	If amount paid or payable during the financial year does not exceed Rs. 10,000	10% (20% if no valid PAN)
3A.	No TDS from interest on 6.5% Gold bonds, 1977 or 7% Gold bonds, 1980 paid to resident individual	193	If a declaration is made that the nominal value of such bonds did not exceed Rs. 10,000 at any time during the previous year	10% (20% if no valid PAN)
4	No TDS from dividend paid by account payee cheque to resident persons	194	If amount paid or payable during the financial year does not exceed Rs. 2,500	10% (20% if no valid PAN)
5	No TDS from interest other than on securities paid by a banking company or co-operative bank on time deposits	194A	If amount paid or payable during the financial year does not exceed Rs. 10,000	10% (20% if no valid PAN)
6	No TDS from interest on deposit with a post office under Senior Citizens Saving Scheme Rules, 2004	194A	If amount paid or payable during the financial year does not exceed Rs. 10,000	10% (20% if no valid PAN)
7	No TDS from interest other than on securities (in any other case)	194A	If amount paid or payable during the financial year does not exceed Rs. 5,000	10% (20% if no valid PAN)
8	No TDS from interest on compensation awarded by Motor Accident Claims Tribunal	194A	If amount paid or payable during the financial year does not exceed Rs. 50,000	10% (20% if no valid PAN)
9	No TDS from Lottery / Cross Word Puzzles	194B	If amount paid or payable during the financial year does not exceed Rs. 10,000	30% (30% if no valid PAN)
10	No TDS from winnings from horse races	194BB	If amount paid or payable during the financial year does not exceed Rs. 5,000 (Rs. 10,000 w.e.f. 01/06/2016)	30% (30% if no valid PAN)
11	No TDS from sum paid or payable to contractor	194C	a) If sum paid or payable to a contractor in a single payment does not exceed Rs. 30,000 b) If sum paid or payable to contractor in aggregate does not exceed Rs. 75,000 during the financial year (Rs. 1,00,000 w.e.f. 01/06/2016)	1% For Individual / HUF for Others 2% (20% if no valid PAN)
12	No TDS from insurance commission paid or payable during the financial year	194D	If amount paid or payable during the financial year does not exceed Rs. 20,000 (Rs. 15,000 w.e.f. 01/06/2016)	10% from 01.04.2016 to 31.05.2016 5% wef 01.06.2016) (20% if no Valid PAN)
12A	No TDS from sum payable under a life insurance a policy (including bonus) to a resident (w.e.f. 01-10-2014) person	194DA	If amount paid or payable during the financial year does not exceed Rs. 1 lakh	2% (1% wef 01.06.2016) (20% if no Valid PAN)
13	No TDS from payments made out of deposits under NSS	194EE	If amount paid or payable during the financial year does not exceed Rs. 2,500	20% (20% if no Valid PAN)
14	No TDS from commission paid on lottery tickets	194G	If amount paid or payable during the financial year does not exceed Rs. 1,000 (Rs. 15,000 w.e.f. 01/06/2016)	10%  from 01.04.2016 to 31.05.2016 5% wef 01.06.2016) (20% if no Valid PAN)
15	No TDS from payment of commission or brokerage	194H	If amount paid or payable during the financial year does not exceed Rs. 5,000 (Rs. 15,000 w.e.f. 01/06/2016). Further no tax to be deducted from commission payable by BSNL/ MTNL to their PCO Franchisees.	10%  from 01.04.2016 to 31.05.2016 5% wef 01.06.2016) (20% if no Valid PAN)
16	No TDS from payment of rent in respect of land &building, furniture or fittings or plant and machinery	194-I	If amount paid or payable during the financial year does not exceed Rs. 1,80,000	10% – If rent is for land, building or furniture(20% if no Valid PAN)2% – If the rent is for Machinery, Plant or Equipment(20% if no Valid PAN)
17	No TDS from payment of consideration for purchase of an immovable property (other than agriculture land)	194-IA	If amount paid or payable during the financial year does not exceed Rs. 50 Lakhs	1% (20% if no Valid PAN)
18	No TDS from payment of professional fees, technical fees, royalty and directors' remuneration	194J	If amount paid or payable during the financial year does not exceed Rs. 30,000	10% (20% if no Valid PAN)
19	No TDS from payment of compensation on compulsory acquisition of immovable property (other than Agricultural Land)	194LA	If amount paid or payable during the financial year does not exceed Rs. 2,00,000 (Rs. 2,50,000 w.e.f. 01/06/2016)​	10% (20% if no Valid PAN)
20	Furnishing of quarterly return in respect of payment of interest (other than interest on securities) to residents without deduction of tax	206A	If amount paid or payable during the financial year does not exceed: a) Rs.10,000 where payer is banking company or co-operative society; b) Rs.5,000 in other case

Tax Deducted at Source (TDS) Rate Chart/Slab for Financial Year (FY) 2016-17 / Assessment Year (AY) 2017-18 TDS, Income Tax, tds minimum amount, tds threshold limit, FAQs on Tax Deducted at Source