What is TDS Rate in India for Financial Year 2015-16? What are the Exemption Limit for Assessment Year 2016-17 (FY 2015-16)?

TDS Rates for Financial Year (FY) 2015-16 Assessment Year (A.Y. 2016-17) Income Tax Act Section Nature of Payment or Credit Cut off Amount Rate %Individual/ HUF Rate % Others Section 192 TDS on SalaryResident individual whose total income does not exceed Rs. 500000 Others 2,50,000 2,50,000 Monthly Average Rate -do- NA NA Section 192A Payment … Read more