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What is the TDS Rates for the F.Y 2008-09 ?
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Answer / manoj bisht
tds on professional charges is 10.3% financial year 2008-09
tds on rent charges is 20.6% financial year 2008-09
| Is This Answer Correct ? | 19 Yes | 4 No |
Answer / rupali
TDS Rates for the F.Y. 2008-09 is same as F.y. 2007-08
| Is This Answer Correct ? | 44 Yes | 34 No |
There is no change in contract payments from 2007-08 to
2008-09 as it stands at 2% and applicable surcharge and ec.
Whereas Tech. & Prof. services rates changed from 5% to 10%
along with appl. s.c. and ec. Likewise, Rental TDS also
changed to 20% alongwith applicable s.c. and ec.
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / murali. r
No changes in TDS Rates for the F.Y. 2008-09 is same as
F.Y. 2007-08
| Is This Answer Correct ? | 13 Yes | 12 No |
The question itself is not having clarity. TDS Rates for
what? There are so many groups of TDS rates.
TDS on Contract Payment is 2%
TDS on Tech. & Prof. Services is 10%
TDS on Rentals is 20%
On all the above 10% s.c. will be charged in case of
individuals if gross billing crosses 10 lacs per annum, in
case of domestic companies 10% s.c. will be charged if
gross amount crosses 1 crore per annum and in case of
foreign companies s.c. @ 2.5% will be charged if gross
amount crosses 1 crore otherwise there is no sur charge.
On all the above cases, 3% Edn. cess is common
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / bhaskararao
SAME AS APPLICABLE FOR FINANCIAL YEAR 2008-09
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / mrs. nisha more
TDS Rates for the F.Y. 2008-09 is same as F.Y. 2007-08
| Is This Answer Correct ? | 9 Yes | 15 No |
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