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Section | Nature of Payment | Threshold Limit of Payment | Individual /HUF | Others | |
1 | 192 | Income from Salary | Women | Rs. 1,90,000 | Average rate of Tax + edu. Cess (no surcharge) | Not Applicable |
Senior Citizen | Rs. 2,50,000 | |||||
Super Senior Citizen | Rs. 5,00,000 | |||||
Others | Rs. 1,80,000 | |||||
2 | 194A | Interest from a Banking Company | Rs. 10,000 per annum | 10% | 10% | |
3 | 194A | Interest other than from a Banking Co. | Rs. 5,000 per annum | 10% | 10% | |
4 | 194C | Payment to Contractors; Sub-contractor; Advertising Contractors | Rs. 30,000 per contract (or) | 1% | 2% | |
Rs. 75,000 per annum | ||||||
5 | 194-I | Rent on Plant / Machinery | Rs. 1,80,000 per annum | 2% | 2% | |
6 | 194-I | Rent Other then Plant / Machinery | Rs. 1,80,000 per annum | 10% | 10% | |
7 | 194J | Fees for Professional / Technical Services | Rs. 30,000 per annum | 10% | 10% | |
8 | 194B | Winning from Lotteries & Puzzles | Rs. 10,000 per annum | 30% | 30% | |
9 | 194BB | Winning from Horse Races | Rs. 5,000 per annum | 30% | 30% | |
10 | 194E | Non-resident Sportsman or Sports Association | - | 10% | 10% | |
11 | 194D | Insurance Commission | Rs.20,000 per annum | 10% | 10% | |
12 | 194G | Commission on Sale of Lottery Tickets | Rs.1000 | 10% | 10% | |
13 | 194H | Commission/Brokerage | Rs. 5,000 per annum | 10% | 10% | |
14 | 206C | Scrap | - | 1% | 1% | |
15 | 206C | Tendu Leaves | - | 5% | 5% | |
16 | 206C | Timber obtained under a forest lease or other mode | - | 2.50% | 2.50% | |
17 | 206C | Any other forest produce not being a Timber or tendu leave | - | 2.50% | 2.50% | |
18 | 206C | Alcoholic Liquor for Human Consumption | - | 1% | 1% | |
19 | 206C | Packing lot, toll plaza, mining & quarrying | - | 2% | 2% |
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