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Answer Posted / hamsa
On Contract the TDS Rate is 2.06% (including 3% Eucation cess)
On Professional Fee the TDS Rate is 10.3% (")
On Interest the TDS rate applicable is 10.3% (")
On Rent for the use of Plant & Machinery Rate is 2.06%(")
On Rent for the use of land and buildings the revised TDS Rate is 10.3% (Including Education Cess @3%).
* TDS on rent for the use of Land and buildings including furniture and fixtures has been reduced to 10%.
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