What is the present rate of T.D.S and what is the tax for
person salary at present
Answer Posted / sanjay kumar
Rate TDS on
for(Company):
@20%--Interest on Security @2%Cess till 10.05.07
@20%--Interest on Security @3%Cess from 11.05.07
@20%--Int.other than Int.on Security @2% Cess till 10.05.07
@20%--Int.other than Int.on Security @3% Cess from 11.05.07
@30%--Winning from Lotteries, Cross Puzzule @2% Cess till
10.05.07
@30%--Winning from Lotteries, Cross Puzzule @3% Cess from
11.05.07
@30%--Winning from Horse Race @2% Cess till 10.05.07
@30%--Winning from Horse Race @3% Cess from 11.05.07
@1%--Contractor or Sub-Contr.(in case Adv.Cont.)@2% Cess
till 10.05.07
@1%--Contractor or Sub Contr.(in case Adv.Cont.)@3% Cess
till 11.05.07
@2%--Contr or S-Contr.(in case other than Adv.Cont.)-@2%
Cess till 10.05.07
@2%--Contr or S-Contr.(in case other than Adv.Cont.)-@3%
Cess till 11.05.07
@5%--Commission or Brokerage till 31.05.07 @2% Cess till
10.05.07
@5%--Commission or Brokerage till 31.05.07 @3% Cess from
11.05.07
@10%-Commission or Brokerage fm 01.06.07 @3% Cess from
11.05.07
@20%--Rent @2% Cess till 10.05.07
@20%--Rent @3% Cess from 11.05.07
@10%--Rent on Plant & Machinery @2% Cess till 10.05.07
@10%--Rent on Plant & Machinery @3% Cess from 11.05.07
@5%--Profesnl Charges/Tech.Charges till 31.05.07 @2% Cess
till 10.05.07
@5%--Profesnl Charges/Tech.Charges till 31.05.07 @3% Cess
from 11.05.07
@10%--Profesnl Charges/Tech.Charges fm 01.06.07 @3% Cess
from 11.05.07
for(Individual):
@10%--Interest on Security @2%Cess till 10.05.07
@10%--Interest on Security @3%Cess from 11.05.07
@10%--Int.other than Int.on Security @2% Cess till 10.05.07
@10%--Int.other than Int.on Security @3% Cess from 11.05.07
@30%--Winning from Lotteries, Cross Puzzule @2% Cess till
10.05.07
@30%--Winning from Lotteries, Cross Puzzule @3% Cess from
11.05.07
@30%--Winning from Horse Race @2% Cess till 10.05.07
@30%--Winning from Horse Race @3% Cess from 11.05.07
@1%--Contractor or Sub-Contr.(in case Adv.Cont.)@2% Cess
till 10.05.07
@1%--Contractor or Sub Contr.(in case Adv.Cont.)@3% Cess
till 11.05.07
@2%--Contr or S-Contr.(in case other than Adv.Cont.)-@2%
Cess till 10.05.07
@2%--Contr or S-Contr.(in case other than Adv.Cont.)-@3%
Cess till 11.05.07
@5%--Commission or Brokerage till 31.05.07 @2% Cess till
10.05.07
@5%--Commission or Brokerage till 31.05.07 @3% Cess from
11.05.07
@10%-Commission or Brokerage fm 01.06.07 @3% Cess from
11.05.07
@15%--Rent @2% Cess till 10.05.07
@15%--Rent @3% Cess from 11.05.07
@10%--Rent on Plant & Machinery @2% Cess till 10.05.07
@10%--Rent on Plant & Machinery @3% Cess from 11.05.07
@5%--Profesnl Charges/Tech.Charges till 31.05.07 @2% Cess
till 10.05.07
@5%--Profesnl Charges/Tech.Charges till 31.05.07 @3% Cess
from 11.05.07
@10%-Profesnl Charges/Tech.Charges fm 01.06.07 @3% Cess
from 11.05.07
(INCOME TAX)for F.Y.2008-2009
RATE INDIVIDUAL<65 WOMEN<65 S.CITIZEN>65
@nil 0-150000 0-180000 0-225000
@10% 150001-300000 180001-300000 225001-300000
@20% 300001-500000 300001-500000 300001-500000
@30% 500000-above 500000-above 500000-above
| Is This Answer Correct ? | 17 Yes | 2 No |
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