What is the new tds rates and schedule for financial year 2008-09?

Question

What is the new tds rates and schedule for financial year 2008-09?

Answer 1

visit web site incometaxindia under TDS section and you have all the details.

Answer 2

Only the Tds on salary income is revised as it is based on tax slab, which is changed in this year. On other things rates of tds is remained same . For more detail see detail on the site incometaxindia.gov.in

Answer 3

For a salaried individual:

General:

Up to Rs.150,000--------------NIL

Rs.150,001 to Rs.300,000-----10 per cent

Rs.300,001 to Rs.500,000-----20 per cent

Rs.500,001 and above---------30 per cent

Women:

Up to Rs.180,000--------------NIL

Rs.180,001 to Rs.300,000-----10 per cent

Rs.300,001 to Rs.500,000-----20 per cent

Rs.500,001 and above---------30 per cent

Senior Citizens:

Up to Rs.225,000--------------NIL

Rs.225,001 to Rs.300,000-----10 per cent

Rs.300,001 to Rs.500,000-----20 per cent

Rs.500,001 and above---------30 per cent