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how much deducted tds on intrest,rent,contract, subcontract,
what is the new rat of tds?
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Answer Posted / mazahir
Tds on rent For individual-15%+2%edu cess+1%higher edu cess
Tds on Contractor-2%+2%edu cess+1%higher edu cess.
example-10000if profit 10000 Of 2%=200 of 2% edu cess+1%
higher edu cess.
Tds on sub-contractor-1% And above same calculation.
Tds on intrest -15%+2%edu cess+1%higher edu cess
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