TDS Rates reminder

Due to Covid 19, the Government of India had provided concession in the rates of Tax Deducted at Source (TDS) in the form of reduction in TDS rates by 25%. (i.e.,) Where the regular TDS is 10%, it is sufficient if TDS is deducted @ 7.5%.

This concession is available only till 31st March 2021.

W.e.f from 01st April 2021 , kindly note that the old rates will be applicable. (i.e,) TDS has to be deducted at applicable rates.

The rate of TDS for the Financial year 2020-21 is provided below :