TDS on interest Paid to NRI individual.

TDS is to be deducted u/s 195 including Cess & surcharge, if applicable. Also, refer the DTAA with that country and, If the applicable rate of taxation in DTAA is lesser, then TDS has to be deducted at that rate.

In case of any further queries, kindly mail me at casoravgupta @ gmail.com

Thanks & Regards
CA. Sorav Gupta
(Practicing Chartered Accountant)

No, section 195 is applicable to all assessees.