Income Tax TDS Rates Chart for Year 2012-2013 and 2013-14
Latest Tax Deduction at Source (TDS) Rates Chart for Year 2012-2013 and 2013-14 as per Income Tax Act, 1961. Income tax has prescribed the different TDS rates for different payments like TDS Rates on Payment of Interest, TDS on payment to NRI, TDS rate on winning from lottery or puzzle or quiz shows, TDS rate on payment made to contractor, TDS rate on Rent on House, TDS Rate on Rental on Plant & Machinery, TDS rate on payment made to professional for their services.Check Your TDS Deduction Statement Online Form 26AS. Finance Act, 2013 has imposed the TDS at the rate of 1 percent on the value of the transfer of immovable properties where consideration exceeds Rs.50 lakhs. Agricultural land to be exempted from TDS provision.