TDS Rate Chart for FY 2020-21

To increase liquidity in the hands of an individual and battle coronavirus-induced financial distress, the government announced a reduction in the tax deducted at source (TDS) and tax collected at source (TCS) rates by 25 per cent on non-salaried payments. Non-salaried payments include interest earned on fixed deposits (FDs), dividend income etc.

TDS rates for FY 2020-21

TCS rates for FY 2020-21

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TDS Rates - AY 2021-22

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