Tds slab rate for fy 2016-17 pdf

Latest tds rates chart for fy 201617 budget 201617. Download tds chart for fy 201617 or ay 201718 in pdf format, this sheet containing tds rate chart applicable for financial year 20162017. Section 192 193 194 194a 194b 194bb 194c 194d 194da 194e 194ee 194f 194g 194h 194i 194ia 194j 194la 194lb 194lba 194lc. Below are the income tax slab rates for fy 201617 or ay 2017 18. Professional tax slab rates in india for financial year. Individuals below 60 yrs income tax slab rate ay 201819 fy 201718 income tax slab income tax rate. It is the duty of the deductor to deduct tds as given in income tax act following are the revised rate of tds applicable for financial year 2016 2017 assessment year 201718. Immovable property other than agricultural land 194ia 1 1 assetexpert asset management software eformexpert it return efiling software instantxbrl xbrl software rs. Or else to known the latest amendments for the person having salary income, slab rates, importance of tds and much more keep reading.

Tds is to be deducted onspecified payment as prescribed by income tax act by persons who are liable to deduct tds. Know tds rates on salary,interest,rent,commission,fees etc. Tds rate chart for fy 201415 201516 ay 201516 201617 after budget 2015 2014 changes. Tamil nadu professional tax slab rates for financial year 201617. Service tax rate chart for fy 201617 and ay 20172018 upto 1st june 2016 service tax rate increased from 14. This tds rates chart will work as ready reference in your day to day work. Interest rate of service tax for fy 201617 resolved. Personal loan short term loan home loan car loan two wheeler loan used car loan education loan.

For the purpose of ascertainment of the applicable tax slab, an individual can be classified as follows. Latest tds rate chart, tds tcs rates chart for financial year 201617 assessment year 20171 is listed here. The pt rates were changed for the state of west bengal for the financial year 201617. Complete details of tds rate changes for financial year 201617 tcs rate changes, due date to deposit tds, due date to issue form 16, due date to issue form 16a, due date for filing etds return form 24q26q,27eq, penalty and interest provision for late deposit of tds,consequences for default in filing of e tds return, tds rate applicable in case of non submission of pan,tds rate applicable on service tax or not, on job work or not, which rate is applicable to individual, huf, who. Indian finance minister, shri arun jaitley has tabled today, the union general budget 201617 in the parliament. Now tds at concessional rate of 5% will be applicable for borrowings made before july 1, 2020. Government has made various changes in tds threshold limit and rates in finance bill,2016 to bring parity in rates of tds as one of objective. Tds rate for f y 201617 a y 201718 as per budget 2016 what is rate of tax deducted at source for financial year 201617, assessment year 201718. Tds tcs rates chart for financial year 201617 assessment year 201718 vide finance act 2016 i. You can see income slab and income tax rate for fy 201617 ay 201718 applicable for the period from 01. Service tax rate chart for fy 201617 with service tax.

Here is a primer on income tax slab rates for ay 201617. Tdstcs rates chart for financial year 201516 assessment year 201617 vide finance act 2015 i. Income tax surcharge rate for fy 201617 and computation. Here we are providing latest tds rates for ay 202021. Income tax slabs for fy 201617 ay 201718 for firms in the case of firms, the rate of incometax has been specified in paragraph c of part iii of the first schedule to the bill. Y 201516 and ay 201617, tds chart for ay 201819, download tds rate chart for ay 202021 etc.

The finance act 2016, added new rate of income tax surcharge for the financial year 201617. Labour charges, advertisements, freight charges, workscontract, etc. Incometax slab rates for individual for fy 201617 ay. Incometax slab rates for individual for fy 201718 ay 201819 incometax slab rates for individual for fy 201617 ay 201718. Orissa professional tax will be payable at the rate of rs. The tax surcharge rate is different for different categories of tax payers. Today we are providing income tax slab rates for assessment year 201617.

So it is the duty of the deductor to deduct tds as given in income tax act. Tds calculation sheet in excel and slabs for fy 201516. In this post, we will see how the rates are applicable for different professions and at what rates. Deducterpayer at prescribed rates by income tax act. We have updated the tds rate chart considering the amendments made by finance act, 2015. The updated chart of tax deduction at source for fy 201617 or ay 201718 is as under. Payments other than salary and wages to resident individual, resident huf, resident firm cooperative, domestic company, nonresident individual, nonresident firm cooperative and nonresident corporate foreign company. Nature of payment above basic exemption limit rate percentage hufind others if no. The tax slab for fy 201617 for cooperative societies, firms local authorities and llps will continue at the same rate as the previous. All assessees are required to file income tax return each year if they have taxable income of more than rs. Tds rate chart fy 201516 ay 201617 nature of payment made to residents cut off rs. Rate of tax deducted at source tds as per finance bill 2016 budget 2016 is as mentioned below.

Tds limit on epf premature withdrawal has been increased to rs 50,000. The tds rates to be applicable on income for the current year is updated in the tds rates chart for fy 202021. Tds rates for ay 202021 for payment of salary and wages to resident and nonresident individual payees. Income tax slab 201718 ay 201819 budget 2017 from fy 201718, those with annual income between rs 50 lakh to rs 1 crore will be levied a surcharge of 10 per cent. Cooperative societies, firms local authorities and llps. The surcharge will be applicable if the income exceeds rs. Tds management software easypay payroll management software 9. Hi friends download latest tds and tcs rate chart for a. However, in case of a nonresident individual the tax rates will be same irrespective of his age. The normal tax rates applicable to a resident individual will depend on the age of the individual. It is the duty of the deductor to deduct tds as given in income tax act following are the revised rate of tds applicable for financial year 2016 2017. In previous article, we have given frequently asked questions on income tax return filing and complete details on pan or permanent account number. Section nature of payment tds rate 1 192a payment o. Incometax slab rates for individual for fy 201516 ay.

Incometax slab rates for individualhuf for fy 201819 ay 201920 incometax slab rates for individual for fy 201819 ay 201920 itr1 and itr2 ay 201920 released. Scroll down below and check all latest tds rate chart issued by income tax. Income tax rates for financial year 201617 taxmann. Tds tcs rates chart for ay 201718 fy 201617 in pdf format. March 1 to 15, 2016 u taxmanns corporate professionals today u vol. Tax deducted at source tds rate chartslab for financial year fy 201617 assessment year ay 201718. Tds rules major amendments cbdt notification 302016 dated 29042016 click here.

Senior citizen individual resident who is of the age of 60 years or more but below the age of 80 years at any time during the previous year. This rate will continue to be the same as that specified for financial year 201516. Tds rate chart for fy 201920 ay 202021, tcs rates for fy. The tds rate on income depends on the salary of an individual and based on that it ranges between 10% to 30%. Income tax slab rates ay 201920, fy 201819, income tax. Tdstcs rates chart fy 201617 ay 201718 budget 201617. Respected sir what is limit of taxabla income to male and female for fy 2016 17 ay 2017 18 what are the rates of tax slab limit is their any change in deduction u s 80c and others. Tds came into existence with an objective to collect income tax at the point of origin of income by the government of india goi.

With effect from april 1, 2018 benefit of such concessional tds rate has been further extended by three years. Income tax slab rates for fy 201617 ay 201718 budget. But the tax slabs have not been changed for the last few years. Ay is assessment year latest income tax slab rates for fy 201617. Complete details of tds rate changes for financial year 201516 tcs rate changes, due date to deposit tds, due date for form 16, due date for form 16a, due date for etds return form 24q,penalty and interest provision for late deposit of tds,consequences for default in filing of e tds return, tds rate applicable in case of non submission of pan,tds rate applicable on. Here we provide all past years tds rate chart like tds rates for f. In this article we have compiled tdstcs chart fro financial year 201617 assessment year 201718 including tdstcs rate for the period from 01. Company firm cooperative society local authority individual.