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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
- Agreement  1st June, 1997 to 31st May, 2005
- Agreement on or after 1st June 2005
20%
10%
20%
10%
7. Winnings from Lotteries, Crossword Puzzles and Horse Races 30% 30%
8. Any Other Income 40% 30%

Surcharge & Education Cess

Type of Payment Surcharge Rate Education Cess (4.00%)
Payment to Non-Residents (other than Cos) Upto 1cr Nil Yes
> 1 Crore 15%
 Payments to Foreign Co.
 Upto 1cr Nil Yes
> 1 Crore 2%
> 10 Crores 5%

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%
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News Section

News

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Form 185: New PF Reporting Rules Under Income Tax Act 2025
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RBI Issues Final Directions on Forex Derivatives Reporting for AD Category-I Banks
Form 65 Under Income Tax Act 2025: Complete Guide to 10% Tax on Patent Royalty
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27 Apr 26
Form 25 Under Income Tax Rules 2026: Key Rules for Medical Professionals
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25 Apr 26
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24 Apr 26
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23 Apr 26
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22 Apr 26
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CBDT Denies IT Raid Allegations by TN Congress Leader, Calls Claims Baseless
Form 126 Replaces 15C & 15D: Key Changes in Nil TDS Certificate for Non-Residents

Due Date Reminder

Jan Feb Mar Apr May June
July Aug Sep Oct Nov Dec
All
07 May 26 Return of External Commercial Borrowings for April.
07 May 26 "Payment of TDS/TCS of April. In case of government offices where TDS/TCS is paid by book entry, same shall be paid on the same day on which tax is deducted or collected. Note : Now TDS/TCS has to be deposited under new sections 392/393/394 under IT Act, 2025. "
07 May 26 "Seller to upload declarations received in April, from buyers for non-deduction of TCS. "
10 May 26 Monthly Return by Tax Deductors for April.
10 May 26 Monthly Return by e-commerce operators for April.
11 May 26 Monthly Return of Outward Supplies for April.
13 May 26 Optional Upload of B2B invoices, Dr/Cr notes for April under QRMP scheme.
13 May 26 Monthly Return by Non-resident taxable person for April.
15 May 26 Monthly Return of Input Service Distributor for April.
15 May 26 E-Payment of PF for April.
15 May 26 Payment of ESI for April
15 May 26 Issue of TDS Certificate for tax deducted u/s 194-IA on payment made for purchase of property in March.
15 May 26 Issue of Annual TDS Certificate for tax deducted on rent above 50,000 pm by certain individuals/HUF under Section 194-IB in March. (In case of termination of lease during the year, single TDS certificate is to be issued in 15 days from due date of deposit).
15 May 26 Issue of TDS Certificate for tax deducted u/s 194M on certain payments by individual/HUF in March.
15 May 26 Issue of TDS Certificate for tax deducted u/s 194S on Virtual Digital Assets in March.
15 May 26 Details of Deposit of TDS/TCS of April by book entry by an office of the Government.
15 May 26 Quarterly Statement of TCS for January-March.
20 May 26 Monthly Return by persons outside India providing online information and data base access or retrieval services, for April.
20 May 26 Add/amend particulars (other than GSTIN) in GSTR-1 of April. It can be filed after filing of GSTR-1 but before filing corresponding GSTR-3B.
20 May 26 Summary Return cum Payment of Tax for April by Monthly filers. (other than QRMP).
25 May 26 Deposit of GST of April under QRMP scheme.
28 May 26 Return for April by persons with Unique Identification Number (UIN) like embassies etc to get refund under GST for goods and services purchased by them.
30 May 26 ITC reversal on stocks and capital goods by person opting for Composition scheme in FY 26-27.
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