Can i get TDS % for F.Y-2008-2009?

Question

Can i get TDS % for F.Y-2008-2009?

Answer 1

For the current TDS rates in India, and more information about TDS deduction and filing, read http://mytaxes.in/index.php?topic=8.0

Answer 2

percentage of Tds Deduction is different depending upon the nature of payment.e.g, payment to contractor 2%, Commission 10%. So clarify on which payment you need tds percentage

Answer 3

Yes download it from the link given below

http://simpletaxindia.blogspot.com/2007/...

Answer 4

TDS rates are different for different types of income.

While 100% of the tax should be deducted from 'salaries', the rates are less for

(1) payments made to  contractors and sub contractors.

(2) interest on Govt. Securities

(3) other interests.

(4) rent

(5) fees to professionals for technical services

Section 193, 194 and 195 of the Income Tax Act, 1961 provide sufficient information.

Then, these rates are only for residents and HUF.  For non residents, a flat rate of 30% plus surcharge and edu. cess is applicable.  This too will change if a Double Taxation Avoidance Agreement is in place with the country of residence of the individual/company concerned.

Therefore, please, refer to the Income Tax Act, 1961 or make your question more specific.

Answer 5

If you file Accounts returns to Income Tax Department you are eligible to get the TDS

Answer 6

TDS Rates :

Salaries -  Average rate

Interest on Securities > Rs.10,000 - 10 %

Interest other than Interest on securities > Rs.10,000 - 10 %