How TDS is organised under the Income-tax Act, 2025, with every serial number of Section 393, its rate, threshold and section code, and the old 1961-Act section it replaced.
The Income-tax Act, 2025 replaced the Income-tax Act, 1961 from 1 April 2026. TDS on salary is in Section 392, and TDS on almost every other payment is in Section 393, set out as tables of serial numbers:
Each serial number states the nature of the payment, the rate and the threshold. Each payment also has a 4-digit section code, quoted 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. Certain payments by individuals and HUFs are deposited with Form 141 instead.
A reference such as Section 393(1) Sl. No. 6(iii).D(b) identifies the sub-section, the serial number in its table and the entry that applies. That one is fees for professional services, code 1027, at 10%.
| Provision | Payment | Code | Rate | Threshold | Old section |
|---|---|---|---|---|---|
| 392 | Salary paid by an employer other than the Government | 1002 | Slab rates | Salary above the basic exemption limit | 192 |
| 392 | Salary of State Government and other non-Union Government employees | 1001 | Slab rates | Salary above the basic exemption limit | 192 |
| 392 | Salary of Union (Central) Government employees | 1003 | Slab rates | Salary above the basic exemption limit | 192 |
| 392(7) | Taxable payment of accumulated provident fund balance to an employee | 1004 | 10% | As specified in the Act | 192A |
| Provision | Payment | Code | Rate | Threshold | Old section |
|---|---|---|---|---|---|
| 393(1) Sl. No. 1(i) | Insurance commission (payee other than a company) | 1005 | 5% | ₹20,000 | 194D |
| 393(1) Sl. No. 1(i) | Insurance commission (payee is a domestic company) | 1005 | 10% | ₹20,000 | 194D |
| 393(1) Sl. No. 1(ii) | Commission or brokerage (other than insurance commission) | 1006 | 2% | ₹20,000 | 194H |
| 393(1) Sl. No. 2(i) | Rent paid by an individual or HUF who is not a specified person | Form 141 | 2% | ₹50,000 for a month or part of a month | 194-IB |
| 393(1) Sl. No. 2(ii).D(a) | Rent of plant, machinery or equipment | 1008 | 2% | ₹50,000 for a month or part of a month | 194-I(a) |
| 393(1) Sl. No. 2(ii).D(b) | Rent of land, building (including factory building), furniture or fittings | 1009 | 10% | ₹50,000 for a month or part of a month | 194-I(b) |
| 393(1) Sl. No. 3(i) | Transfer of immovable property other than agricultural land | Form 141 | 1%of the consideration or stamp duty value, whichever is higher | ₹50 lakh | 194-IA |
| 393(1) Sl. No. 3(ii) | Monetary consideration under a joint development agreement | 1011 | 10% | Nil | 194-IC |
| 393(1) Sl. No. 3(iii) | Compensation on compulsory acquisition of immovable property | 1012 | 10% | ₹5,00,000 | 194LA |
| 393(1) Sl. No. 4(i) | Income from units of a specified mutual fund, UTI administrator or specified company | 1013 | 10% | ₹10,000 | 194K |
| 393(1) Sl. No. 4(ii) | Business trust (InvIT/REIT) distribution: interest | 1014 | 10% | Nil | 194LBA |
| 393(1) Sl. No. 4(ii) | Business trust (InvIT/REIT) distribution: dividend | 1015 | 10% | Nil | 194LBA |
| 393(1) Sl. No. 4(ii) | Business trust (REIT) distribution: rent | 1016 | 10% | Nil | 194LBA |
| 393(1) Sl. No. 4(iii) | Income from units of an investment fund (AIF), other than exempt income | 1017 | 10% | Nil | 194LBB |
| 393(1) Sl. No. 4(iv) | Income from investment in a securitisation trust | 1018 | 10% | Nil | 194LBC |
| 393(1) Sl. No. 5(i) | Interest on securities | 1019 | 10% | ₹10,000 | 193 |
| 393(1) Sl. No. 5(ii).D(a) | Interest from a bank, co-operative bank or post office, to a senior citizen | 1020 | 10% | ₹1,00,000 | 194A |
| 393(1) Sl. No. 5(ii).D(b) | Interest from a bank, co-operative bank or post office, to others | 1021 | 10% | ₹50,000 | 194A |
| 393(1) Sl. No. 5(iii) | Other interest (not on securities), paid by a specified person | 1022 | 10% | ₹10,000 | 194A |
| 393(1) Sl. No. 6(i).D(a) | Payment to a contractor who is an individual or HUF | 1023 | 1% | ₹30,000 for a single sum; ₹1,00,000 in aggregate | 194C |
| 393(1) Sl. No. 6(i).D(b) | Payment to a contractor other than an individual or HUF | 1024 | 2% | ₹30,000 for a single sum; ₹1,00,000 in aggregate | 194C |
| 393(1) Sl. No. 6(ii) | Contract work, professional fees or commission paid by an individual or HUF not otherwise required to deduct | Form 141 | 2% | ₹50 lakh | 194M |
| 393(1) Sl. No. 6(iii).D(a) | Fees for technical services, cinema film royalty, or a call-centre payee | 1026 | 2% | ₹50,000 | 194J(a) |
| 393(1) Sl. No. 6(iii).D(b) | Fees for professional services (and sums under section 26(2)(h)) | 1027 | 10% | ₹50,000 | 194J(b) |
| 393(1) Sl. No. 6(iii).D(b) | Royalty (other than cinema film royalty) | — | 10% | ₹50,000 | 194J(b) |
| 393(1) Sl. No. 6(iii).D(b) | Director's remuneration, fees or commission (other than salary) | 1028 | 10% | Nil | 194J(ba) |
| 393(1) Sl. No. 7 | Dividend declared by a domestic company | 1029 | 10% | Nil (no TDS if paid to an individual other than in cash and up to ₹10,000 in the year) | 194 |
| 393(1) Sl. No. 8(i) | Payment under a life insurance policy (on the income part) | 1030 | 2% | ₹1,00,000 | 194DA |
| 393(1) Sl. No. 8(ii) | Purchase of goods (on the amount above ₹50 lakh) | 1031 | 0.1% | ₹50 lakh; TDS on the sum exceeding it | 194Q |
| 393(1) Sl. No. 8(iii) | Tax on total income of a specified senior citizen (75+), by the specified bank | 1032 | Rates in force | As applicable | 194P |
| 393(1) Sl. No. 8(iv) | Benefit or perquisite arising from business or profession | 10331034 if given in kind | 10% | ₹20,000 | 194R |
| 393(1) Sl. No. 8(v) | Sales or services of an e-commerce participant, paid by the e-commerce operator | 1035 | 0.1% | Nil (small individual/HUF sellers up to ₹5 lakh exempt) | 194-O |
| 393(1) Sl. No. 8(vi) | Transfer of a virtual digital asset (crypto), paid by a person other than an individual or HUF | 10371038 if paid in kind | 1% | ₹10,000 | 194S |
| 393(1) Sl. No. 8(vi) | Transfer of a virtual digital asset (crypto), paid by an individual or HUF | Form 141 | 1% | ₹50,000 for small individual/HUF payers; ₹10,000 otherwise | 194S |
| Provision | Payment | Code | Rate | Threshold | Old section |
|---|---|---|---|---|---|
| 393(2) Sl. No. 1 | Non-resident sportsman, entertainer or sports association | 1039 | 20% | — | 194E |
| 393(2) Sl. No. 2 | Interest on approved foreign-currency borrowings or long-term bonds (before 1 July 2023) | 1040 | 5% | — | 194LC |
| 393(2) Sl. No. 3 | Interest on rupee-denominated bonds issued outside India (before 1 July 2023) | 1041 | 5% | — | 194LC |
| 393(2) Sl. No. 4.E(a) | Interest on IFSC-listed bonds issued 1 April 2020 to 30 June 2023 | 1042 | 4% | — | 194LC |
| 393(2) Sl. No. 4.E(b) | Interest on IFSC-listed bonds issued on or after 1 July 2023 | 1043 | 9% | — | 194LC |
| 393(2) Sl. No. 5 | Interest from an infrastructure debt fund | 1044 | 5% | — | 194LB |
| 393(2) Sl. No. 6.E(a) | Business trust distribution of interest received from an SPV | 1045 | 5% | — | 194LBA(2) |
| 393(2) Sl. No. 6.E(b) | Business trust distribution of dividend received from an SPV | 1046 | 10% | — | 194LBA(2) |
| 393(2) Sl. No. 7 | Business trust (REIT) distribution of rental income | 1047 | Rates in force | — | 194LBA(3) |
| 393(2) Sl. No. 8 | Income from units of an investment fund (AIF) | 1048 | Rates in force | — | 194LBB |
| 393(2) Sl. No. 9 | Income from a securitisation trust | 1049 | Rates in force | — | 194LBC |
| 393(2) Sl. No. 10 | Income from units of a specified mutual fund or specified company | 1050 | 20%or the lower treaty rate | — | 196A |
| 393(2) Sl. No. 11 | Income from units, paid to an offshore fund | 1051 | 10% | — | 196B |
| 393(2) Sl. No. 12 | Long-term capital gains on units, paid to an offshore fund | 1052 | 12.5% | — | 196B |
| 393(2) Sl. No. 13 | Interest or dividend on foreign-currency bonds or GDRs | 1053 | 10% | — | 196C |
| 393(2) Sl. No. 14 | Long-term capital gains on foreign-currency bonds or GDRs | 1054 | 12.5% | — | 196C |
| 393(2) Sl. No. 15 | Income of a Foreign Institutional Investor from securities | 1055 | 20%or the lower treaty rate | — | 196D |
| 393(2) Sl. No. 16 | Income of a specified fund from securities | 1056 | 10% | — | 196D(1A) |
| 393(2) Sl. No. 17 | Any other sum chargeable to tax, paid to a non-resident | 1057 | Rates in forceor the treaty rate | — | 195 |
| Provision | Payment | Code | Rate | Threshold | Old section |
|---|---|---|---|---|---|
| 393(3) Sl. No. 1 | Winnings from lottery, crossword, card games, gambling or betting | 10581059 if in kind | 30% | ₹10,000 in a single transaction | 194B |
| 393(3) Sl. No. 2 | Winnings from online games | 10601061 if in kind | 30% | On net winnings | 194BA |
| 393(3) Sl. No. 3 | Winnings from horse races | 1062 | 30% | ₹10,000 in a single transaction | 194BB |
| 393(3) Sl. No. 4 | Commission or prize on lottery tickets | 1063 | 2% | ₹20,000 | 194G |
| 393(3) Sl. No. 5.D(a) | Cash withdrawal from bank or post office accounts (recipient is a co-operative society) | 1064 | 2% | Above ₹3 crore in the tax year | 194N |
| 393(3) Sl. No. 5.D(b) | Cash withdrawal from bank or post office accounts (recipient other than a co-operative society) | 1065 | 2% | Above ₹1 crore in the tax year | 194N |
| 393(3) Sl. No. 6 | Payment from National Savings Scheme deposits | 1066 | 10% | ₹2,500 | 194EE |
| 393(3) Sl. No. 7 | Salary, remuneration, commission, bonus or interest paid by a firm to a partner | 1067 | 10% | ₹20,000 | 194T |
Rates are before any surcharge and cess. Lower-deduction certificates, payees without a PAN, treaty rates and other conditions in the Act can change the TDS. This page is a general guide, not tax advice: confirm with your CA or the sources below.
TDS section codes list → TDS calculator →
Taken only from the Income Tax Department's official publications, as in force on 17 October 2026:
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