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).
| Payment | 1961 Act | 2025 Act | Threshold | Rate |
|---|---|---|---|---|
| Salary | 192 | 392 | Basic exemption limit under the regime chosen | Average rate on estimated salary |
| Interest on securities | 193 | 393(1), Sl. 5(i) | ₹10,000 | 10% |
| Dividend | 194 | 393(1), Sl. 7 | ₹10,000 (individual shareholder, non-cash) | 10% |
| Interest from banks, co-operative banks, post office: senior citizens | 194A | 393(1), Sl. 5(ii) | ₹1,00,000 a year | 10% |
| Interest from banks, co-operative banks, post office: others | 194A | 393(1), Sl. 5(ii) | ₹50,000 a year | 10% |
| Other interest (not on securities) | 194A | 393(1), Sl. 5(iii) | ₹10,000 a year | 10% |
| Income from mutual fund units | 194K | 393(1), Sl. 4(i) | ₹10,000 | 10% |
| Payment to contractors: individual or HUF | 194C | 393(1), Sl. 6(i) | ₹30,000 single; ₹1,00,000 a year | 1% |
| Payment to contractors: others | 194C | 393(1), Sl. 6(i) | ₹30,000 single; ₹1,00,000 a year | 2% |
| Commission or brokerage (other than insurance) | 194H | 393(1), Sl. 1(ii) | ₹20,000 a year | 2% |
| Insurance commission | 194D | 393(1), Sl. 1(i) | ₹20,000 a year | 2% (non-company); 10% (company) |
| Rent: plant, machinery, equipment | 194-I(a) | 393(1), Sl. 2(ii) | ₹50,000 a month | 2% |
| Rent: land, building, furniture | 194-I(b) | 393(1), Sl. 2(ii) | ₹50,000 a month | 10% |
| Rent paid by individual or HUF not liable to audit | 194-IB | 393(1), Sl. 2(i) | ₹50,000 a month | 2% |
| Fees for technical services, call centre, film royalty | 194J(a) | 393(1), Sl. 6(iii) | ₹50,000 a year | 2% |
| Professional fees, other royalty, non-compete fees | 194J(b) | 393(1), Sl. 6(iii) | ₹50,000 a year | 10% |
| Director's remuneration not taxed as salary | 194J | 393(1), Sl. 6(iii) | Nil | 10% |
| Contract work, commission or professional fees paid by individual or HUF not liable to deduct otherwise | 194M | 393(1), Sl. 6(ii) | ₹50 lakh a year | 2% |
| Purchase of immovable property (not agricultural land) | 194-IA | 393(1), Sl. 3(i) | ₹50 lakh | 1% of the higher of consideration and stamp duty value |
| Purchase of goods (buyer's turnover above ₹10 crore) | 194Q | 393(1), Sl. 8(ii) | ₹50 lakh a year per seller (on the excess) | 0.1% |
| Benefit or perquisite of a business or profession | 194R | 393(1), Sl. 8(iv) | ₹20,000 a year | 10% |
| Payments by e-commerce operators to participants | 194-O | 393(1), Sl. 8(v) | ₹5 lakh for individual or HUF participants with PAN or Aadhaar | 0.1% |
| Transfer of virtual digital assets | 194S | 393(1), Sl. 8(vi) | ₹50,000 (₹10,000 for some payers) | 1% |
| Life insurance policy payout (income portion) | 194DA | 393(1), Sl. 8(i) | ₹1,00,000 | 2% |
| Lottery, crossword, card games, betting | 194B | 393(3), Sl. 1 | ₹10,000 per transaction | 30% |
| Online games: net winnings | 194BA | 393(3), Sl. 2 | No threshold | 30% |
| Cash withdrawal: co-operative societies | 194N | 393(3), Sl. 5 | ₹3 crore a year | 2% |
| Cash withdrawal: others | 194N | 393(3), Sl. 5 | ₹1 crore a year | 2% |
| Partner's salary, remuneration, commission, bonus or interest | 194T | 393(3), Sl. 7 | ₹20,000 a year | 10% |
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.
| Transaction | 1961 Act | 2025 Act | Threshold | Rate |
|---|---|---|---|---|
| Alcoholic liquor for human consumption | 206C(1) | 394(1) | No threshold | 2% |
| Tendu leaves | 206C(1) | 394(1) | No threshold | 2% |
| Timber and other forest produce (not tendu leaves) | 206C(1) | 394(1) | No threshold | 2% |
| Scrap | 206C(1) | 394(1) | No threshold | 2% |
| Minerals: coal, lignite, iron ore | 206C(1) | 394(1) | No threshold | 2% |
| Parking lot, toll plaza, mining and quarrying (lease or licence) | 206C(1C) | 394(2) | No threshold | 2% |
| Motor vehicle sale | 206C(1F) | 394(3) | Above ₹10 lakh per vehicle | 1% |
| Overseas tour programme package | 206C(1G) | 394(1) | No threshold | 2% |
| Foreign remittance under LRS for education or medical treatment | 206C(1G) | 394(1) | Above ₹10 lakh a year | 2% (nil if funded by an education loan from a specified institution) |
| Foreign remittance under LRS for other purposes | 206C(1G) | 394(1) | Above ₹10 lakh a year | 20% |
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 assets | Rate |
|---|---|
| Building: mainly residential (not hotels or boarding houses) | 5% |
| Building: other than residential | 10% |
| Purely temporary erections | 40% |
| Furniture and fittings, including electrical fittings | 10% |
| Plant and machinery: general rate | 15% |
| Motor cars (other than those used in a hire business) | 15% |
| Motor buses, lorries and taxis used in a hire business | 30% |
| Computers and computer software | 40% |
| Energy-saving and pollution-control equipment (specified) | 40% |
| Books for professionals (annual publications) | 40% |
| Ships and vessels | 20% |
| 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.
| Financial year | CII | Assessment year (1961 Act) |
|---|---|---|
| 2001-02 | 100 | 2002-03 |
| 2002-03 | 105 | 2003-04 |
| 2003-04 | 109 | 2004-05 |
| 2004-05 | 113 | 2005-06 |
| 2005-06 | 117 | 2006-07 |
| 2006-07 | 122 | 2007-08 |
| 2007-08 | 129 | 2008-09 |
| 2008-09 | 137 | 2009-10 |
| 2009-10 | 148 | 2010-11 |
| 2010-11 | 167 | 2011-12 |
| 2011-12 | 184 | 2012-13 |
| 2012-13 | 200 | 2013-14 |
| 2013-14 | 220 | 2014-15 |
| 2014-15 | 240 | 2015-16 |
| 2015-16 | 254 | 2016-17 |
| 2016-17 | 264 | 2017-18 |
| 2017-18 | 272 | 2018-19 |
| 2018-19 | 280 | 2019-20 |
| 2019-20 | 289 | 2020-21 |
| 2020-21 | 301 | 2021-22 |
| 2021-22 | 317 | 2022-23 |
| 2022-23 | 331 | 2023-24 |
| 2023-24 | 348 | 2024-25 |
| 2024-25 | 363 | 2025-26 |
| 2025-26 | 376 | 2026-27 |
| 2026-27 | 384 | 2027-28 |
ROC filing fees (companies)
Normal fee for most event-based and annual forms, by nominal (authorised) share capital:
| Nominal share capital | Fee 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 delay | Additional 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 days | 2 times the normal fee |
| Other forms: 31 to 60 days | 4 times |
| Other forms: 61 to 90 days | 6 times |
| Other forms: 91 to 180 days | 10 times |
| Other forms: more than 180 days | 12 times |
LLP forms 8 and 11
| Contribution | Normal 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.