TDS Rates for financial year 2011-12 and assessment year 2012-13

The Rate Chart for the Financial Year 2011-12 i.e. Assessment Year 2012-13 is tabulated below. TDS Rates for the Financial Year 2010-11 is also same.
TDS RATE CHART FINANCIAL YEAR 2011-12 (ASSESSMENT YEAR 12-13)

Sl. No.	Section Of Act	Nature of Payment in brief	Cut Off Amount		Rate %
			30.06.2010	01.07.2010	HUF/IND	Others
1	192	Salaries	Salary income must be more then exemption limit after deductions.		Average Rate
2	193	Interest on Securities	-	-	10	10
3	194	Deemed dividend	-	-	10	10
4	194A	Interest other than Int on securities (by Bank)	10000	10000	10	10
4A	194A	Interest other than Int. on securities (By others)	5000	5000	10	10
5	194B	Lottery / Cross Word Puzzle	5000	10000	30	30
6	194BB	Winnings from Horse Race	2500	5000	30	30
7	194C(1)	Contracts	20000	30000	1	2
8	194C(2)	Sub-contracts/ Advertisements	20000	30000	1	2
9	194D	Insurance Commission	5000	20000	10	10
10	194EE	Payments out of deposits under NSS	2500	2500	20	-
11	194F	Repurchase of units by MF/UTI	1000	1000	20	20
12	194G	Commission on sale of lottery tickets	1000	1000	10	10
13	194H	Commission or Brokerage	2500	5000	10	10
14	194I	Rent (Land & building)	120000	180000	10	10
		Rent (P & M , Equipment, furniture & fittings)	120000	180000	2	2
15	194J	Professional/Technical charges/Royalty & Non-compete fees	20000	30000	10	10
16	194LA	Compensation on acquisition of immovable property	100000	100000	10	10

TCS Rates for the FY 2011-12

The Tax Collection at Source Rates for the Financial Year 2011-12 is tabulated below:

Sl.No.	Nature of Goods	Rates in %
1.	Alcoholic liquor for human Consumption	1
2.	Tendu leaves	5
3.	Timber obtained under forest lease	2.5
4.	Timber obtained by any mode other than a forest lease	2.5
5.	Any other forest produce not being timber or tendu leaves	2.5
6.	Scrap	1
7.	Parking lot	2
8.	Toll plaza	2
9.	Mining & Quarrying	2

No Education Cess on payment made to resident-Education Cess is not deductible/collectible at source in case of resident Individual/HUF /Firm/ AOP/ BOI/ Domestic Company in respect of payment of income other than salary. Education Cess @ 2% plus secondary & Higher Education Cess @ 1% is deductible at source in case of non-residents and foreign company.
Surcharge on Income-tax - Surcharge on Income-tax is not deductible/collectible at source in case of individual/ HUF /Firm/ AOP / BOI/Domestic Company in respect of payment of income other than salary.