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Rates and tables

TDS and TCS rates for tax year 2026-27 with both old and new section references, depreciation rates, useful lives under Schedule II, the Cost Inflation Index and ROC filing fees.

Last reviewed 1 November 2026. Rates are summarised for quick reference and leave out conditions, exemptions and special cases. Read the section and the rules before you deduct, collect or file.

TDS rates for residents, tax year 2026-27

From 1 April 2026, TDS is deducted under section 393 of the Income-tax Act, 2025 (salary under section 392). The Finance Act, 2026 did not change the rates or thresholds below; the section references changed. If the payee has no valid PAN, the rate is generally 20% (5% for purchase of goods).

Payment1961 Act2025 ActThresholdRate
Salary192392Basic exemption limit under the regime chosenAverage rate on estimated salary
Interest on securities193393(1), Sl. 5(i)₹10,00010%
Dividend194393(1), Sl. 7₹10,000 (individual shareholder, non-cash)10%
Interest from banks, co-operative banks, post office: senior citizens194A393(1), Sl. 5(ii)₹1,00,000 a year10%
Interest from banks, co-operative banks, post office: others194A393(1), Sl. 5(ii)₹50,000 a year10%
Other interest (not on securities)194A393(1), Sl. 5(iii)₹10,000 a year10%
Income from mutual fund units194K393(1), Sl. 4(i)₹10,00010%
Payment to contractors: individual or HUF194C393(1), Sl. 6(i)₹30,000 single; ₹1,00,000 a year1%
Payment to contractors: others194C393(1), Sl. 6(i)₹30,000 single; ₹1,00,000 a year2%
Commission or brokerage (other than insurance)194H393(1), Sl. 1(ii)₹20,000 a year2%
Insurance commission194D393(1), Sl. 1(i)₹20,000 a year2% (non-company); 10% (company)
Rent: plant, machinery, equipment194-I(a)393(1), Sl. 2(ii)₹50,000 a month2%
Rent: land, building, furniture194-I(b)393(1), Sl. 2(ii)₹50,000 a month10%
Rent paid by individual or HUF not liable to audit194-IB393(1), Sl. 2(i)₹50,000 a month2%
Fees for technical services, call centre, film royalty194J(a)393(1), Sl. 6(iii)₹50,000 a year2%
Professional fees, other royalty, non-compete fees194J(b)393(1), Sl. 6(iii)₹50,000 a year10%
Director's remuneration not taxed as salary194J393(1), Sl. 6(iii)Nil10%
Contract work, commission or professional fees paid by individual or HUF not liable to deduct otherwise194M393(1), Sl. 6(ii)₹50 lakh a year2%
Purchase of immovable property (not agricultural land)194-IA393(1), Sl. 3(i)₹50 lakh1% of the higher of consideration and stamp duty value
Purchase of goods (buyer's turnover above ₹10 crore)194Q393(1), Sl. 8(ii)₹50 lakh a year per seller (on the excess)0.1%
Benefit or perquisite of a business or profession194R393(1), Sl. 8(iv)₹20,000 a year10%
Payments by e-commerce operators to participants194-O393(1), Sl. 8(v)₹5 lakh for individual or HUF participants with PAN or Aadhaar0.1%
Transfer of virtual digital assets194S393(1), Sl. 8(vi)₹50,000 (₹10,000 for some payers)1%
Life insurance policy payout (income portion)194DA393(1), Sl. 8(i)₹1,00,0002%
Lottery, crossword, card games, betting194B393(3), Sl. 1₹10,000 per transaction30%
Online games: net winnings194BA393(3), Sl. 2No threshold30%
Cash withdrawal: co-operative societies194N393(3), Sl. 5₹3 crore a year2%
Cash withdrawal: others194N393(3), Sl. 5₹1 crore a year2%
Partner's salary, remuneration, commission, bonus or interest194T393(3), Sl. 7₹20,000 a year10%

TCS rates, tax year 2026-27

TCS is collected under section 394 of the Income-tax Act, 2025 (section 206C of the 1961 Act). TCS on sale of goods under the old section 206C(1H) was withdrawn from 1 April 2025. Without a valid PAN or Aadhaar, a higher rate applies.

Transaction1961 Act2025 ActThresholdRate
Alcoholic liquor for human consumption206C(1)394(1)No threshold2%
Tendu leaves206C(1)394(1)No threshold2%
Timber and other forest produce (not tendu leaves)206C(1)394(1)No threshold2%
Scrap206C(1)394(1)No threshold2%
Minerals: coal, lignite, iron ore206C(1)394(1)No threshold2%
Parking lot, toll plaza, mining and quarrying (lease or licence)206C(1C)394(2)No threshold2%
Motor vehicle sale206C(1F)394(3)Above ₹10 lakh per vehicle1%
Overseas tour programme package206C(1G)394(1)No threshold2%
Foreign remittance under LRS for education or medical treatment206C(1G)394(1)Above ₹10 lakh a year2% (nil if funded by an education loan from a specified institution)
Foreign remittance under LRS for other purposes206C(1G)394(1)Above ₹10 lakh a year20%

Income-tax depreciation rates (block of assets)

Written-down value method. Only half the rate is allowed in the year of purchase if the asset is used for less than 180 days. Goodwill is not depreciable. Additional depreciation may apply to new plant and machinery in manufacturing, subject to conditions and the tax regime chosen.

Block of assetsRate
Building: mainly residential (not hotels or boarding houses)5%
Building: other than residential10%
Purely temporary erections40%
Furniture and fittings, including electrical fittings10%
Plant and machinery: general rate15%
Motor cars (other than those used in a hire business)15%
Motor buses, lorries and taxis used in a hire business30%
Computers and computer software40%
Energy-saving and pollution-control equipment (specified)40%
Books for professionals (annual publications)40%
Ships and vessels20%
Intangible assets: know-how, patents, copyrights, trademarks, licences, franchises (not goodwill)25%

Useful lives under Schedule II, Companies Act, 2013

The complete Part C table of useful lives (around 100 asset types), with straight-line and written-down-value rates, extra shift depreciation and the notes explained, is on its own page: Schedule II useful lives.

Cost Inflation Index

Base year 2001-02 = 100. Indexation now matters mainly for land or buildings bought before 23 July 2024 by resident individuals and HUFs. See the CII guide and calculator.

Cost Inflation Index by financial year
Financial yearCIIAssessment year (1961 Act)
2001-021002002-03
2002-031052003-04
2003-041092004-05
2004-051132005-06
2005-061172006-07
2006-071222007-08
2007-081292008-09
2008-091372009-10
2009-101482010-11
2010-111672011-12
2011-121842012-13
2012-132002013-14
2013-142202014-15
2014-152402015-16
2015-162542016-17
2016-172642017-18
2017-182722018-19
2018-192802019-20
2019-202892020-21
2020-213012021-22
2021-223172022-23
2022-233312023-24
2023-243482024-25
2024-253632025-26
2025-263762026-27
2026-273842027-28

ROC filing fees (companies)

Normal fee for most event-based and annual forms, by nominal (authorised) share capital:

Nominal share capitalFee per form
Less than ₹1,00,000₹200
₹1,00,000 to ₹4,99,999₹300
₹5,00,000 to ₹24,99,999₹400
₹25,00,000 to ₹99,99,999₹500
₹1 crore or more₹600

Additional fee for late filing:

Form and delayAdditional fee
AOC-4, AOC-4 CFS, MGT-7, MGT-7A₹100 a day of delay, with no upper limit
Other forms: delay up to 30 days2 times the normal fee
Other forms: 31 to 60 days4 times
Other forms: 61 to 90 days6 times
Other forms: 91 to 180 days10 times
Other forms: more than 180 days12 times

LLP forms 8 and 11

ContributionNormal fee
Up to ₹1,00,000₹50
₹1,00,001 to ₹5,00,000₹100
₹5,00,001 to ₹10,00,000₹150
₹10,00,001 to ₹25,00,000₹200
₹25,00,001 to ₹1 crore₹400
More than ₹1 crore₹600

Late filing of LLP Form 8 or Form 11 attracts an additional fee of ₹100 a day. Check the MCA portal for the fee shown at the time of filing.

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