Answer / shambhu kumar singh

Tax diduction at sources, Valu add Tax in Haryana 12.5%, 4%
Central Sales Tax in Haryana 2% Against Cform, Without C
form Full Tax of Rate 12.5% or 4% as per applicable.

Service Tax 12.36%

Answer / lalit

Tds as an contractor 2.266% (exemption limit 20000/-)
professional fees 10.3% & if transiction with same company
up to 10000000/- than tds is applicable 11.33%,
interest on securities,unsecurities 11.33%,compamny 22.66%
Commision & brokage tds is 10.3% & if transiction with
same company 10000000/- tds is applicable11.33%
Rent of plant, machinery & equipment tds apply 10.3% & if
transction after 10000000/- then tds is applicable 11.33%
Rent of building, land & furnature material tds apply 20.6%
and transction after 10000000/- tds is applicable 22.66%
Value added tax 4%, 12.5% depend by material
Cst 2% w.e.f 01/06/08 for register dealer & 4%, 12.5% for
unregistered dealer de[end by material
Service tax 10.3% w.e.f 24/2/09

Answer / p.v.rao

TDS- TAX DEDUCTION AT SOURES
VAT- VALUE ADD TAX 1%, 4%, 12.5%
CST- CENTAL SALES TAX

Answer / kalpana dudhate

TDS = tax deducted at sources 2.266% as an contractors,
10.30% as an professional & 11.33% if company is ltd & this
company turn over above 1000000/- P.A.
VAT = Value added Tax at present 12.5%
CST = Central Sales Tax

Answer / b.l. choudhary

tds rate of difrent
on petty contractors 1%
on House Rent 15%
on Machinary hire 2%
on Transporation/Carriage 2%
of 01.10.09
rate of vat depend on items 4%,12.5%


service tax larest rate 10%

Answer / venkata subbaiah d c

TDS NEW RATES:- THIS TDS UP TO 30-09-2009
194A-OTHER INTEREST-5000- 10.300 IS UP TO 1CRORE
194A-OTHER INTEREST-5000- 11.330 IS EXCEEDS 1CRORE
194B-WINNING FROM LOTTERIES-5000-30.900 IS UP TO 1CRORE
194B-WINNING FROM LOTTERIES-5000-33.990 IS EXCEEDS 1CRORE
194C-PAYMENT TO CONTRACTOR-20000-2.060 IS UP TO 1CRORE
194C-PAYMENT TO CONTRACTOR-20000-2.266 IS EXCEEDS 1CRORE
194C-PAYMENT TO SUBCONTRACTOR-20000-1.030 IS UP TO 1CRORE
194C-PAYMENT TO SUBCONTRACTOR-20000-1.133 IS EXCEEDS 1CRORE
194D INSURANCE COMMISSION-5000-10.300 IS UP TO 1CRORE
194D-INSURANCE COMMISSION-5000-11.330 IS EXCEEDS 1CRORE
194H-COMMISSION ON BROKARAGE-2500-10.300 IS UP TO 1CRORE
194H-COMMISSION ON BROCARAGE-2500-11.330 IS EXCEEDS 1CRORE
194I-RENT-120000-15.450 IS UP TO 1CRORE
194I-RENT-120000-16.995 IS EXCEEDS 1CRORE
194I-RENT PLANT/MACHINARY-120000-10.300 IS UP TO 1CRORE
194I-RENT PLANT/MACHINARY-120000-11.330 IS EXCEEDS 1CRORE
194J-PROFESSIONAL FEES-20000-10.300 IS UP TO 1CRORE
194J-PROFESSIONAL FEES-20000-11.330 IS EXCEEDS 1CRORE
TDS WITH EFFECT FROM 1-10-2009
194A-10
194A-10
194B-30
194B-30
194C-2
194C-1
194C-2
194C-1
194D-10
194D-10
194H-10
194H-10
194I-10
194I-10
194I-2
194I-2
194J-10
194J-10 PLEASE ABOVE THE SAME MATTER PRESENT RATES.
VAT-GOLD;SILVER ETC-1%
VAT-CHIKEN;MUTTON ETC-4%
VAT-LIQUIDES-ALKHAHAL;BEER ETC-12.5%
VAT-SPECIAL EFFECT-DISEL;PETROL-33.3%.
CST-CENTRAL SALES TAX I DON'T NO PLEASE EXPLAIN CST RATS AND
ABOUT THE CST PLEASE SEND THE MY MAIL ID
SERVICE TAX-UP TO 23-02-2009 - 12.36%
SERVICE TAX - IS EFFECT FROM 24-02-2009 10.3%.

Answer / harish nawani

tds -Interest on Securities
IT SC IT+Sur EC NET
Company <= 1 crore 20 0 20 3 20.6
Company > 1 crore 20 10 22 3 22.66
Firm <= 1 crore 10 0 10 3 10.3
Firm > 1 crore 10 10 11 3 11.33
Individual /HUF <= 10 lacs 10 0 10 3 10.3
Individual /HUF>10 lacs 10 10 11 3 11.33
Co-Operative Societies 10 0 10 3 10.3
Local Authority 10 0 10 3 10.3

Interest other than Interest on Securities
Threshold Limit - Rs. 5000. (For Banking Company - Rs.
10000 w.e.f. 01/06/2007)
IT SC IT+Sur EC NET
Company <= 1 crore 20 0 20 3 20.6
Company > 1 crore 20 10 22 3 22.66
Firm <= 1 crore 10 0 10 3 10.3
Firm > 1 crore 10 10 11 3 11.33
Individual /HUF <= 10 lacs 10 0 10 3 10.3
Individual /HUF>10 lacs 10 10 11 3 11.33
Co-Operative Societies 10 0 10 3 10.3
Local Authority 10 0 10 3 10.3

Payment to Contractors
Threshold Limit - Rs. 20000
IT SC IT+Sur EC NET
Company <= 1 crore 2 0 2 3 2.06
Company > 1 crore 2 10 2.2 3 2.266
Firm <= 1 crore 2 0 2 3 2.06
Firm > 1 crore 2 10 2.2 3 2.266
Individual /HUF <= 10 lacs 2 0 2 3 2.06
Individual /HUF>10 lacs 2 10 2.2 3 2.266
Co-Operative Societies 2 0 2 3 2.06
Local Authority 2 0 2 3 2.06

Payment to Sub-Contract/Adv Contract
Threshold Limit - Rs. 20000
IT SC IT+Sur EC NET
Company <= 1 crore 1 0 1 3 1.03
Company > 1 crore 1 10 1.1 3 1.133
Firm <= 1 crore 1 0 1 3 1.03
Firm > 1 crore 1 10 1.1 3 1.133
Individual /HUF <= 10 lacs 1 0 1 3 1.03
Individual /HUF>10 lacs 1 10 1.1 3 1.133
Co-Operative Societies 1 0 1 3 1.03
Local Authority 1 0 1 3 1.03

Rent on Plant / Machinery
Threshold Limit - Rs. 120000
IT SC IT+Sur EC NET
Company <= 1 crore 10 0 10 3 10.3
Company > 1 crore 10 10 11 3 11.33
Firm <= 1 crore 10 0 10 3 10.3
Firm > 1 crore 10 10 11 3 11.33
Individual /HUF <= 10 lacs 10 0 10 3 10.3
Individual /HUF>10 lacs 10 10 11 3 11.33
Co-Operative Societies 10 0 10 3 10.3
Local Authority 10 0 10 3 10.3

Rent
Threshold Limit - Rs. 120000
IT SC IT+Sur EC NET
Company <= 1 crore 20 0 20 3 20.6
Company > 1 crore 20 10 22 3 22.66
Firm <= 1 crore 20 0 20 3 20.6
Firm > 1 crore 20 10 22 3 22.66
Individual /HUF <= 10 lacs 15 0 15 3 15.45
Individual /HUF>10 lacs 15 10 16.5 3 16.995
Co-Operative Societies 20 0 20 3 20.6
Local Authority 20 0 20 3 20.6

Fees for Professional / Technical Services upto
31/05/2007
Threshold Limit - Rs. 20000
IT SC IT+Sur EC NET
Company <= 1 crore 5 0 5 3 5.15
Company > 1 crore 5 10 5.5 3 5.665
Firm <= 1 crore 5 0 5 3 5.15
Firm > 1 crore 5 10 5.5 3 5.665
Individual /HUF <= 10 lacs 5 0 5 3 5.15
Individual /HUF>10 lacs 5 10 5.5 3 5.665
Co-Operative Societies 5 0 5 3 5.15
Local Authority 5 0 5 3 5.15

Fees for Professional / Technical Services after
01/06/2007
Threshold Limit - Rs. 20000
IT SC IT+Sur EC NET
Company <= 1 crore 10 0 10 3 10.3
Company > 1 crore 10 10 11 3 11.33
Firm <= 1 crore 10 0 10 3 10.3
Firm > 1 crore 10 10 11 3 11.33
Individual /HUF <= 10 lacs 10 0 10 3 10.3
Individual /HUF>10 lacs 10 10 11 3 11.33
Co-Operative Societies 10 0 10 3 10.3
Local Authority 10 0 10 3 10.3

Winning from Lotteries & Puzzles
IT SC IT+Sur EC NET
Company <= 1 crore 30 0 30 3 30.9
Company > 1 crore 30 10 33 3 33.99
Firm <= 1 crore 30 0 30 3 30.9
Firm > 1 crore 30 10 33 3 33.99
Individual /HUF <= 10 lacs 30 0 30 3 30.9
Individual /HUF>10 lacs 30 10 33 3 33.99
Co-Operative Societies 30 0 30 3 30.9
Local Authority 30 0 30 3 30.9

Winning from Horse Races
IT SC IT+Sur EC NET
Company <= 1 crore 30 0 30 3 30.9
Company > 1 crore 30 10 33 3 33.99
Firm <= 1 crore 30 0 30 3 30.9
Firm > 1 crore 30 10 33 3 33.99
Individual /HUF <= 10 lacs 30 0 30 3 30.9
Individual /HUF>10 lacs 30 10 33 3 33.99
Co-Operative Societies 30 0 30 3 30.9
Local Authority 30 0 30 3 30.9

Insurance Commission
IT SC IT+Sur EC NET
Company <= 1 crore 20 0 20 3 20.6
Company > 1 crore 20 10 22 3 22.66
Firm <= 1 crore 10 0 10 3 10.3
Firm > 1 crore 10 10 11 3 11.33
Individual /HUF <= 10 lacs 10 0 10 3 10.3
Individual /HUF>10 lacs 10 10 11 3 11.33
Co-Operative Societies 10 0 10 3 10.3
Local Authority 10 0 10 3 10.3

Non-resident Sportsman or Sports Association
IT SC IT+Sur EC NET
Company <= 1 crore 0 0 0 3 0
Company > 1 crore 0 0 0 3 0
Firm <= 1 crore 10 0 10 3 10.3
Firm > 1 crore 10 10 11 3 11.33
Individual /HUF <= 10 lacs 10 0 10 3 10.3
Individual /HUF>10 lacs 10 10 11 3 11.33
Co-Operative Societies 10 0 10 3 10.3
Local Authority 10 0 10 3 10.3

Commision on Sale of Lottery Tickets
IT SC IT+Sur EC NET
Company <= 1 crore 10 0 10 3 10.3
Company > 1 crore 10 10 11 3 11.33
Firm <= 1 crore 10 0 10 3 10.3
Firm > 1 crore 10 10 11 3 11.33
Individual /HUF <= 10 lacs 10 0 10 3 10.3
Individual /HUF>10 lacs 10 10 11 3 11.33
Co-Operative Societies 10 0 10 3 10.3
Local Authority 10 0 10 3 10.3

Commision/Brokerage upto 31/05/2007
Threshold Limit - Rs. 2500
IT SC IT+Sur EC NET
Company <= 1 crore 5 0 5 3 5.15
Company > 1 crore 5 10 5.5 3 5.665
Firm <= 1 crore 5 0 5 3 5.15
Firm > 1 crore 5 10 5.5 3 5.665
Individual /HUF <= 10 lacs 5 0 5 3 5.15
Individual /HUF>10 lacs 5 10 5.5 3 5.665
Co-Operative Societies 5 0 5 3 5.15
Local Authority 5 0 5 3 5.15

Commision/Brokerage after 01/06/2007
Threshold Limit - Rs. 2500
IT SC IT+Sur EC NET
Company <= 1 crore 10 0 10 3 10.3
Company > 1 crore 10 10 11 3 11.33
Firm <= 1 crore 10 0 10 3 10.3
Firm > 1 crore 10 10 11 3 11.33
Individual /HUF <= 10 lacs 10 0 10 3 10.3
Individual /HUF>10 lacs 10 10 11 3 11.33
Co-Operative Societies 10 0 10 3 10.3
Local Authority 10 0 10 3 10.3

TCS : Scrap
IT SC IT+Sur EC NET
Company <= 1 crore 1 0 1 3 1.03
Company > 1 crore 1 10 1.1 3 1.133
Firm <= 1 crore 1 0 1 3 1.03
Firm > 1 crore 1 10 1.1 3 1.133
Individual /HUF <= 10 lacs 1 0 1 3 1.03
Individual /HUF>10 lacs 1 10 1.1 3 1.133
Co-Operative Societies 1 0 1 3 1.03
Local Authority 1 0 1 3 1.03

TCS : Alcoholic Liquor for Human Consumption
IT SC IT+Sur EC NET
Company <= 1 crore 1 0 1 3 1.03
Company > 1 crore 1 10 1.1 3 1.133
Firm <= 1 crore 1 0 1 3 1.03
Firm > 1 crore 1 10 1.1 3 1.133
Individual /HUF <= 10 lacs 1 0 1 3 1.03
Individual /HUF>10 lacs 1 10 1.1 3 1.133
Co-Operative Societies 1 0 1 3 1.03
Local Authority 1 0 1 3 1.03

VAT- VALUE ADD TAX 1%, 4%, 12.5%

cst- 2%with cform otherwise at which tax u purchase

service tax -10% w.e.f.24/02/09

Answer / hemant

Rate of TDS ON Contractor is : 2.255%( Max. Limit 20000/-)
Rate of TDS on Rent is 10% ( Max. Limit is 120000/-)etc.
Vat : 4+1=5,12.5 etc as per item

cst : 2% +education cess @3%
Service tax 10% +3 % education cess

Answer / pawan kumar

1-latest rate tds on contractor 10%
2-tds rate on freight 20% if pan no. is availale than tds
rale will not be charge
3- service tax on freight 2.575%
cst= central sale tax
2% agaist C form without C form 4% 12.5%

Answer / gopal krish

1) Tds Rates in India
a) Interest / other than interest on securities:
Banking - 10,000/p.a
Others - 5000/ P.a
IF Exceed the limit of above said value
HUF - 10%
FIRM - 10 %
b) Payment to Contractors:
Rs.10,000/ P.a
IF Exceed the limit of above said value
HUF - 1%
FIRM - 2%
c)Payment to Subcontractors:
Rs.30,000/ Per Contract or Rs.75000/ P.a
IF Exceed the limit of above said value
HUF - 1%
FIRM - 2%
d)Insurance Commission:
Rs.20,000/ P.a
IF Exceed the limit of above said value
HUF - 10%
FIRM - 10 %
e)Commission & Brokerage:
Rs.5,000/ P.a
IF Exceed the limit of above said value
HUF- 10%
FIRM - 10%
F)Rent For Land& Buildings:
Rs.1,80,000/ P.a
IF Exceed the limit of above said value
HUF - 10%
FIRM - 10%
G)Rent for Plant & Machinary:
Rs.1,80,000/ P.a
IF Exceed the limit of above said value
HUF - 2%
FIRM - 2%
H)Professional Fees/Technical Services:
Rs.30,000/ P.a
IF Exceed the limit of above said value
HUF- 10%
FIRM - 10%

=>VAT: Value Added Tax:
1%
4%
12.5%
=>CST: Central Sales Tax:For only Inter sales
2% against C form
4%
12.5%

=> Service Tax:
10% Rounded

Rules for filling Income Tax return for a MNC?

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