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Tax year 2026-27

TDS calculator & rate chart

Every TDS section under the new Income-tax Act, 2025: find any payment by its old 194 number, its new section code or what it is for, see the rate and threshold, and work out the TDS on any amount.

Showing the most common sections. Type to search all 65.

What changed on 1 April 2026

The Income-tax Act, 2025 replaced the Income-tax Act, 1961 from 1 April 2026. It rewrites the law more simply, mostly keeping the same rules and rates, with new section numbers.

  • TDS on salary is now Section 392, and TDS on almost every other payment is Section 393: sub-section (1) for payments to residents, (2) for non-residents and (3) for payments to any person, each set out as a table of serial numbers.
  • Each payment has a 4-digit section code, such as 1027 for professional fees, quoted in the TDS statements (Forms 138, 140 and 144).
  • Some payments by individuals and HUFs (rent above ₹50,000 a month, property of ₹50 lakh or more, contract or professional fees above ₹50 lakh a year, and crypto) are deposited with Form 141 instead of a code.
  • "Tax year" replaces "previous year" and "assessment year".

Complete TDS rate chart, tax year 2026-27

All 65 payments, grouped by kind. Rates are before any surcharge and cess; "rates in force" are set each year by the Finance Act.

Salary and provident fund

PaymentNew sectionCodeRateThresholdOld section
Salary paid by an employer other than the Government3921002Slab ratesSalary above the basic exemption limit192
Salary of State Government and other non-Union Government employees3921001Slab ratesSalary above the basic exemption limit192
Salary of Union (Central) Government employees3921003Slab ratesSalary above the basic exemption limit192
Taxable payment of accumulated provident fund balance to an employee392(7)100410%As specified in the Act192A

Commission and brokerage

PaymentNew sectionCodeRateThresholdOld section
Insurance commission (payee other than a company)393(1) Sl. No. 1(i)10055%₹20,000194D
Insurance commission (payee is a domestic company)393(1) Sl. No. 1(i)100510%₹20,000194D
Commission or brokerage (other than insurance commission)393(1) Sl. No. 1(ii)10062%₹20,000194H

Rent

PaymentNew sectionCodeRateThresholdOld section
Rent of land, building (including factory building), furniture or fittings393(1) Sl. No. 2(ii).D(b)100910%₹50,000 for a month or part of a month194-I(b)
Rent of plant, machinery or equipment393(1) Sl. No. 2(ii).D(a)10082%₹50,000 for a month or part of a month194-I(a)
Rent paid by an individual or HUF who is not a specified person393(1) Sl. No. 2(i)Form 1412%₹50,000 for a month or part of a month194-IB

Property

PaymentNew sectionCodeRateThresholdOld section
Transfer of immovable property other than agricultural land393(1) Sl. No. 3(i)Form 1411%of the consideration or stamp duty value, whichever is higher₹50 lakh194-IA
Monetary consideration under a joint development agreement393(1) Sl. No. 3(ii)101110%Nil194-IC
Compensation on compulsory acquisition of immovable property393(1) Sl. No. 3(iii)101210%₹5,00,000194LA

Contractors and professionals

PaymentNew sectionCodeRateThresholdOld section
Payment to a contractor who is an individual or HUF393(1) Sl. No. 6(i).D(a)10231%₹30,000 for a single sum; ₹1,00,000 in aggregate194C
Payment to a contractor other than an individual or HUF393(1) Sl. No. 6(i).D(b)10242%₹30,000 for a single sum; ₹1,00,000 in aggregate194C
Contract work, professional fees or commission paid by an individual or HUF not otherwise required to deduct393(1) Sl. No. 6(ii)Form 1412%₹50 lakh194M
Fees for professional services (and sums under section 26(2)(h))393(1) Sl. No. 6(iii).D(b)102710%₹50,000194J(b)
Royalty (other than cinema film royalty)393(1) Sl. No. 6(iii).D(b)—10%₹50,000194J(b)
Fees for technical services, cinema film royalty, or a call-centre payee393(1) Sl. No. 6(iii).D(a)10262%₹50,000194J(a)
Director's remuneration, fees or commission (other than salary)393(1) Sl. No. 6(iii).D(b)102810%Nil194J(ba)

Interest and dividends

PaymentNew sectionCodeRateThresholdOld section
Interest on securities393(1) Sl. No. 5(i)101910%₹10,000193
Interest from a bank, co-operative bank or post office, to a senior citizen393(1) Sl. No. 5(ii).D(a)102010%₹1,00,000194A
Interest from a bank, co-operative bank or post office, to others393(1) Sl. No. 5(ii).D(b)102110%₹50,000194A
Other interest (not on securities), paid by a specified person393(1) Sl. No. 5(iii)102210%₹10,000194A
Dividend declared by a domestic company393(1) Sl. No. 7102910%Nil (no TDS if paid to an individual other than in cash and up to ₹10,000 in the year)194

Investment income

PaymentNew sectionCodeRateThresholdOld section
Income from units of a specified mutual fund, UTI administrator or specified company393(1) Sl. No. 4(i)101310%₹10,000194K
Business trust (InvIT/REIT) distribution: interest393(1) Sl. No. 4(ii)101410%Nil194LBA
Business trust (InvIT/REIT) distribution: dividend393(1) Sl. No. 4(ii)101510%Nil194LBA
Business trust (REIT) distribution: rent393(1) Sl. No. 4(ii)101610%Nil194LBA
Income from units of an investment fund (AIF), other than exempt income393(1) Sl. No. 4(iii)101710%Nil194LBB
Income from investment in a securitisation trust393(1) Sl. No. 4(iv)101810%Nil194LBC

Purchases, e-commerce and business benefits

PaymentNew sectionCodeRateThresholdOld section
Purchase of goods (on the amount above ₹50 lakh)393(1) Sl. No. 8(ii)10310.1%₹50 lakh; TDS on the sum exceeding it194Q
Sales or services of an e-commerce participant, paid by the e-commerce operator393(1) Sl. No. 8(v)10350.1%Nil (small individual/HUF sellers up to ₹5 lakh exempt)194-O
Benefit or perquisite arising from business or profession393(1) Sl. No. 8(iv)10331034 if given in kind10%₹20,000194R

Insurance, senior citizens and crypto

PaymentNew sectionCodeRateThresholdOld section
Payment under a life insurance policy (on the income part)393(1) Sl. No. 8(i)10302%₹1,00,000194DA
Tax on total income of a specified senior citizen (75+), by the specified bank393(1) Sl. No. 8(iii)1032Rates in forceAs applicable194P
Transfer of a virtual digital asset (crypto), paid by a person other than an individual or HUF393(1) Sl. No. 8(vi)10371038 if paid in kind1%₹10,000194S
Transfer of a virtual digital asset (crypto), paid by an individual or HUF393(1) Sl. No. 8(vi)Form 1411%₹50,000 for small individual/HUF payers; ₹10,000 otherwise194S

Winnings, lottery and savings

PaymentNew sectionCodeRateThresholdOld section
Winnings from lottery, crossword, card games, gambling or betting393(3) Sl. No. 110581059 if in kind30%₹10,000 in a single transaction194B
Winnings from online games393(3) Sl. No. 210601061 if in kind30%On net winnings194BA
Winnings from horse races393(3) Sl. No. 3106230%₹10,000 in a single transaction194BB
Commission or prize on lottery tickets393(3) Sl. No. 410632%₹20,000194G
Payment from National Savings Scheme deposits393(3) Sl. No. 6106610%₹2,500194EE

Cash withdrawals and partners

PaymentNew sectionCodeRateThresholdOld section
Cash withdrawal from bank or post office accounts (recipient other than a co-operative society)393(3) Sl. No. 5.D(b)10652%Above ₹1 crore in the tax year194N
Cash withdrawal from bank or post office accounts (recipient is a co-operative society)393(3) Sl. No. 5.D(a)10642%Above ₹3 crore in the tax year194N
Salary, remuneration, commission, bonus or interest paid by a firm to a partner393(3) Sl. No. 7106710%₹20,000194T

Payments to non-residents

PaymentNew sectionCodeRateThresholdOld section
Non-resident sportsman, entertainer or sports association393(2) Sl. No. 1103920%—194E
Interest on approved foreign-currency borrowings or long-term bonds (before 1 July 2023)393(2) Sl. No. 210405%—194LC
Interest on rupee-denominated bonds issued outside India (before 1 July 2023)393(2) Sl. No. 310415%—194LC
Interest on IFSC-listed bonds issued 1 April 2020 to 30 June 2023393(2) Sl. No. 4.E(a)10424%—194LC
Interest on IFSC-listed bonds issued on or after 1 July 2023393(2) Sl. No. 4.E(b)10439%—194LC
Interest from an infrastructure debt fund393(2) Sl. No. 510445%—194LB
Business trust distribution of interest received from an SPV393(2) Sl. No. 6.E(a)10455%—194LBA(2)
Business trust distribution of dividend received from an SPV393(2) Sl. No. 6.E(b)104610%—194LBA(2)
Business trust (REIT) distribution of rental income393(2) Sl. No. 71047Rates in force—194LBA(3)
Income from units of an investment fund (AIF)393(2) Sl. No. 81048Rates in force—194LBB
Income from a securitisation trust393(2) Sl. No. 91049Rates in force—194LBC
Income from units of a specified mutual fund or specified company393(2) Sl. No. 10105020%or the lower treaty rate—196A
Income from units, paid to an offshore fund393(2) Sl. No. 11105110%—196B
Long-term capital gains on units, paid to an offshore fund393(2) Sl. No. 12105212.5%—196B
Interest or dividend on foreign-currency bonds or GDRs393(2) Sl. No. 13105310%—196C
Long-term capital gains on foreign-currency bonds or GDRs393(2) Sl. No. 14105412.5%—196C
Income of a Foreign Institutional Investor from securities393(2) Sl. No. 15105520%or the lower treaty rate—196D
Income of a specified fund from securities393(2) Sl. No. 16105610%—196D(1A)
Any other sum chargeable to tax, paid to a non-resident393(2) Sl. No. 171057Rates in forceor the treaty rate—195

Lower-deduction certificates, nil-deduction declarations, payees without a PAN, treaty rates and other conditions in the Act can change the TDS. This chart is a general guide, not tax advice: confirm with your CA or the sources below.

TDS by section

A guide to each of the most widely used sections: what it covers under the Income-tax Act, 2025, its new section and code, and a calculator.

Section 393 explained →   TDS section codes list →

Section 392Codes 1001–1004 · SalaryEarlier Section 192 Section 393(1) Sl. No. 1(i)Code 1005 · Insurance commissionEarlier Section 194D Section 393(1) Sl. No. 1(ii)Code 1006 · Commission and brokerageEarlier Section 194H Section 393(1) Sl. No. 2(i)Form 141 · Rent paid by individualsEarlier Section 194IB Section 393(1) Sl. No. 2(ii)Codes 1008, 1009 · RentEarlier Section 194I Section 393(1) Sl. No. 3(i)Form 141 · Purchase of propertyEarlier Section 194IA Section 393(1) Sl. No. 5Codes 1020–1022 · Interest other than on securitiesEarlier Section 194A Section 393(1) Sl. No. 6(i)Codes 1023, 1024 · ContractorsEarlier Section 194C Section 393(1) Sl. No. 6(ii)Form 141 · Payments by individuals and HUFsEarlier Section 194M Section 393(1) Sl. No. 6(iii)Codes 1026–1028 · Professional and technical feesEarlier Section 194J Section 393(1) Sl. No. 8(ii)Code 1031 · Purchase of goodsEarlier Section 194Q Section 393(1) Sl. No. 8(iv)Codes 1033, 1034 · Business perquisitesEarlier Section 194R Section 393(1) Sl. No. 8(v)Code 1035 · E-commerce operatorsEarlier Section 194O Section 393(3) Sl. No. 5Codes 1064, 1065 · Cash withdrawalsEarlier Section 194N Section 393(3) Sl. No. 7Code 1067 · Payments to partnersEarlier Section 194T

Sources

Taken only from the Income Tax Department's official publications:

TDS on your invoices

When GST is shown separately on the invoice, TDS is worked out on the amount before GST. On a ₹50,000 fee with ₹9,000 GST, 10% TDS is ₹5,000, so ₹54,000 reaches your bank. The GST invoice calculator shows the whole invoice, and Invoral prints the section, code and net amount on every invoice with TDS.

FAQ

Questions, answered

Section 393 is the section that now holds TDS on payments other than salary. It sets out tables: sub-section (1) for residents, (2) for non-residents and (3) for any person, and each kind of payment has a serial number, a rate and a threshold. It replaced separate sections of the Income-tax Act, 1961 such as 194C, 194H, 194I and 194J.

Fees for professional services are Section 393(1), Table Sl. No. 6(iii).D(b), section code 1027, at 10% above ₹50,000. Fees for technical services are Sl. No. 6(iii).D(a), code 1026, at 2%. Director's fees are code 1028, at 10%, with no threshold. These were earlier Section 194J of the Income-tax Act, 1961.

Rent of land, building, furniture or fittings is Section 393(1), Table Sl. No. 2(ii).D(b), code 1009, at 10%. Rent of plant, machinery or equipment is Sl. No. 2(ii).D(a), code 1008, at 2%. Both apply above ₹50,000 for a month or part of a month, and were earlier Section 194-I. Rent paid by an individual or HUF who is not a specified person is Sl. No. 2(i), at 2%, through Form 141, earlier Section 194-IB.

Section 393(1), Table Sl. No. 6(i): code 1023 at 1% if the contractor is an individual or HUF, and code 1024 at 2% otherwise. TDS applies above ₹30,000 for a single sum or ₹1,00,000 in aggregate in the tax year. This was earlier Section 194C of the Income-tax Act, 1961.

A 4-digit number (for example 1027 for professional fees) that identifies the payment in the TDS statements under the Income-tax Rules, 2026: Form 138 for salary, Form 140 for other payments to residents and Form 144 for non-residents.

No, where GST is shown separately on the invoice: TDS is worked out on the amount before GST.

For most payments the rates stayed the same; the sections were renumbered and given section codes. Some thresholds are now set per month or per transaction (for example rent, ₹50,000 a month), so check the chart above.

Yes. Pick the section by its new code or its old number, and Invoral shows the TDS, the section and code, and the net amount payable on the invoice. You can start free, with no card needed.

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