TDS Rates for Non-Residents u/s 195 of Income Tax Act, 1961
| Nature of Payment | Co. | Others | |
| 1. | Long Term Capital Gains u/s 115E | NA | 10% |
| 2. | Other Long Term Capital Gains (excluding u/s 10(33), 10(36) & 10 (38)) | 20% | 20% |
| 3. | Short Term Capital Gains u/s. 111A | 15% | 15% |
| 4. | Investment income from Foreign Exchange Assets | NA | 20% |
| 5. | Interest payable on moneys borrowed or debt incurred in Foreign Currency | 20% | 20% |
| 6. |
Royalty & Fees for technical services u/s. 115A |
20% 25% |
20% 25% |
| 7. | Winnings from Lotteries, Crossword Puzzles and Horse Races | 30% | 30% |
| 8. | Any Other Income | 40% | 30% |
Notes
1. Surcharge @ 2% is applicable only in case of Non-Domestic Companies where payments exceed Rs. 1 cr.
2. Education cess @ 3% is applicable in all cases.
Interest on delay in deposit of tax after deduction
| Stage of deduction |
Upto 30th June 2010 (Rate per month or part of the month) |
From 1st July 2010 (Rate per month or part of the month) |
|
From date when deductible till actual deduction |
1% | 1% |
|
From date of deduction till payment |
1% | 1.5% |