TDS Rate Change?

Do u have any news regarding change of TDS rate, in ref to Payment to Contractors??

Thanks

Replies (11)

not yet

For Contractors Individual & HUF - 1% Other than Individual & HUF - 2%

last update was on july 2010

 

after that, no information

if payment made to individual tds is 1%others 2%.

if payment made to individual for freight there is no tds.

after 01.07.2010 no information related with changes.

in july 2010 it was made 1% from 2%

Contractors-Incase of Indv/HUF - 1% others 2%, No Ed.Cess/Sc&Hr Cess/ if pmt excedd Rs.30000/-  or

Rs.75000/- during the year.

No TDS on Freight charges/TRansporters

Originally posted by : Dheeraj

last update was on july 2010

 

after that, no information

This May Help You

 

Changes in TDS

last change come in force in July -10 after thats not change in TDS Rate 

its still 1% on ind/HUF 

and 2% for Other 

After July 2010 no change

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