created by
Rajesh Dhruva
TDS RATE
|
TDS RATES FOR NRIs |
||
|
SOURCES OF INCOME |
RATE OF TDS |
|
|
Where the person is NRI |
|
|
|
(A) |
On income by way of long-term capital gains on transfer of equity shares or unit of equity oriented Mutual Fund, where the transaction is subject to securities transaction tax. |
Exempt upto Rs. 1 Lakh. Thereafter TDS @ 10%. |
|
(B) |
On income by way of long-term capital gains on transfer of notified bonds of Indian Companies or bonds of public or Global Depository receipts. |
10% |
|
(C) |
On income by way of short-term capital gains on transfer of equity shares or units of equity oriented Mutual Fund, where the transaction is subject to securities transaction tax. |
15% |
|
(D) |
On any other income by way of long-term capital gains |
20% |
|
(E) |
On income by way of interest payable by Govt. or an Indian Concern on moneys borrowed or debt incurred by them in foreign currency |
20% |
|
(F) |
On income by way of winning from lotteries, crossword puzzles, card games and other games of any sort |
30% |
|
(G) |
On income by way of winning from horse races |
30% |
|
(H) |
On income by way of Royalty or Fees for Technical services, in pursuance of an agreement with Government or an agreement with an Indian concern on or after 01.04.1976 to a non-corporate non-resident or a foreign company (w.e.f. 01/04/2014) |
10% |
|
(I) |
On whole of the other income |
30% |
|
(J) |
On income by way of interest from infrastructure Debt fund to a Non-Resident |
4% |
|
(K) |
On any Investment Income |
20% |
|
Note: |
||