Here is the complete TDS rate chart for Financial Year 2026-27 (Assessment Year 2027-28). All sections, thresholds, and rates in one place. Updated with Budget 2026 changes.
TDS Rate Chart FY 2026-27
| Section | Nature of Payment | Rate (PAN) | Rate (No PAN) | Threshold |
|---|---|---|---|---|
| 192 | Salary | Slab rates | Slab rates | Basic exemption |
| 192A | EPF withdrawal (premature) | 10% | 20% | ₹50,000 |
| 193 | Interest on securities | 10% | 20% | ₹5,000 |
| 194 | Dividend | 10% | 20% | ₹5,000 |
| 194A | Interest (banks, post office) | 10% | 20% | ₹40,000 (₹50,000 senior) |
| 194A | Interest (others) | 10% | 20% | ₹5,000 |
| 194B | Lottery winnings | 30% | 30% | ₹10,000 |
| 194BA | Online gaming winnings | 30% | 30% | No threshold |
| 194BB | Horse race winnings | 30% | 30% | ₹10,000 |
| 194C | Contractor (individual/HUF) | 1% | 20% | ₹30,000 / ₹1,00,000 |
| 194C | Contractor (others) | 2% | 20% | ₹30,000 / ₹1,00,000 |
| 194D | Insurance commission | 5% | 20% | ₹15,000 |
| 194DA | Life insurance maturity | 5% | 20% | ₹1,00,000 |
| 194E | Non-resident sportsman | 20% | 20% | No threshold |
| 194EE | NSS deposits | 10% | 20% | ₹2,500 |
| 194F | Repurchase of units | 20% | 20% | No threshold |
| 194G | Commission (lottery tickets) | 5% | 20% | ₹15,000 |
| 194H | Commission / Brokerage | 5% | 20% | ₹15,000 |
| 194I(a) | Rent (plant & machinery) | 2% | 20% | ₹2,40,000 |
| 194I(b) | Rent (land, building, furniture) | 10% | 20% | ₹2,40,000 |
| 194IA | Transfer of immovable property | 1% | 20% | ₹50,00,000 |
| 194IB | Rent by individual/HUF | 5% | 20% | ₹50,000/month |
| 194IC | Joint development payments | 10% | 20% | No threshold |
| 194J(a) | Technical services (FTS) | 2% | 20% | ₹30,000 |
| 194J(b) | Professional fees, royalty | 10% | 20% | ₹30,000 |
| 194K | Income from MF units | 10% | 20% | ₹5,000 |
| 194LA | Compensation (immovable property) | 10% | 20% | ₹2,50,000 |
| 194LB | Interest (business trust) | 5% | 20% | No threshold |
| 194M | Commission (individual/HUF) | 5% | 20% | ₹50,00,000 |
| 194N | Cash withdrawal (> ₹1 Cr) | 2% | 20% | ₹1,00,00,000 |
| 194O | E-commerce participant | 1% | 20% | ₹5,00,000 |
| 194P | Senior citizen (75+) interest | Slab rates | Slab rates | Basic exemption |
| 194Q | Purchase of goods | 0.1% | 20% | ₹50,00,000 |
| 194R | Perquisites / Benefits | 10% | 20% | ₹20,000 |
| 194S | Virtual digital assets | 1% | 20% | ₹50,000 / ₹10,000 |
| 195 | Non-resident payments | Slab / DTAA | 20% | No threshold |
| 196A | Income from MF (NRI) | 20% | 20% | No threshold |
| 196B | Unit trust income (NRI) | 10% | 20% | No threshold |
| 196C | Foreign currency bonds | 10% | 20% | No threshold |
| 196D | FIIs income | 20% | 20% | No threshold |
No PAN? Higher Rate Applies!
If the deductee does not provide PAN, TDS is deducted at 20% or the rate specified in the Act, whichever is higher. Under Section 206AA, this higher rate applies universally. Always collect PAN before making payments.
Key Changes in Budget 2026
- Section 194BA: TDS on online gaming winnings at 30% with no threshold. Winnings are net of losses across gaming platforms.
- Section 194N: Cash withdrawal TDS continues at 2% above ₹1 crore. For non-filers, 2% above ₹20 lakh.
- Section 194R: Perquisite valuation clarified. GST component is included in the perquisite value.
- Section 194Q: Purchase of goods TDS at 0.1% continues. Applies to buyers with turnover exceeding ₹10 crore.
Calculate TDS Instantly
Use our free TDS calculator with all sections, thresholds, and surcharge rates.
TDS Calculator Free →TDS Due Dates for FY 2026-27
| Month | TDS Deduction Due Date | TDS Deposit Due Date | Quarterly Return (24Q/26Q) |
|---|---|---|---|
| Apr-Jun 2026 | At time of payment | 7th of next month | 31st July 2026 |
| Jul-Sep 2026 | At time of payment | 7th of next month | 31st October 2026 |
| Oct-Dec 2026 | At time of payment | 7th of next month | 31st January 2027 |
| Jan-Mar 2027 | At time of payment | 7th of next month (30th April for March) | 31st May 2027 |
Pro Tip
For TDS deducted in March, the deposit due date is 30th April (not 7th April). This gives you extra time to compile March payments. But for all other months, the 7th deadline is strict — late payment attracts interest at 1% per month under Section 201(1A).
How to Calculate TDS Correctly
- Identify the section based on nature of payment
- Check the threshold — if payment is below threshold, no TDS
- Verify PAN — without PAN, rate doubles (or 20%, whichever is higher)
- Apply surcharge/cess if deductee is non-resident (Section 195)
- Deduct TDS at the time of credit or payment, whichever is earlier
- Deposit by 7th of the following month
- File quarterly TDS returns (Form 24Q, 26Q, 27Q)