TDS & TCS Rate Chart FY 2026-27 Old Sections, New Sections

Chart with TDS rates, TCS rates, threshold limits, old sections, new sections, and challan/reporting references.

Updated information included

This PDF includes the key FY 2026-27 updates for the Income Tax Act, 2025 transition: Salary TDS under Section 392, most TDS references under Section 393, TCS references under Section 394, updated thresholds for common sections, and return-code references used in FY 2026-27 charts.

How to Use This Chart

Quick compliance note for FY 2026-27

For transactions on or after 1 Apr 2026, the Income Tax Act, 2025 framework applies. Old sections such as 194C, 194H, 194I, 194J and 206C are useful for recognition, but new Act section/table references and return codes should be used where required in filing and reporting systems.

Update Area	What to Show
194H commission/brokerage	Use Rs. 20,000 threshold and 2% rate for FY 2026-27 charting.
194J professional/technical fees	Split into 2% technical/call-centre/royalty bucket and 10% professional-services bucket; threshold Rs. 50,000.
194I rent	Show rent on machinery separately from rent of land/building/furniture/fittings; threshold Rs. 50,000 per month.
TCS	Show Section 394 references and codes 1068-1092 for FY 2026-27 charting.
PDF intent	Place the download CTA near the top of the blog and after the main rate table.

1. TDS Quick Chart – Common Resident & Business Payments

Old sections are shown for user recognition. New Income Tax Act, 2025 references are included for FY 2026-27 reporting context.

Code	Old Sec.	Nature of Payment	New Act / Reporting Ref.	Rate	Threshold	Notes
1001/1002/10 03	192	Salary – government / other employees	392	As per applicable slab	Basic exemption / salary computation	Use salary TDS reference under the new Act for salary paid from 1 Apr 2026.
1019	193	Interest on securities	393(1) [Table: Sl. No. 5(i)]	10%	Rs. 10,000	Commonly relevant for interest on securities.
1020	194A	Interest other than securities – senior citizen	393(1) [Table: Sl. No. 5(ii).D(a)]	10%	Rs. 1,00,000	Bank/co-operative/post office type interest.
1021	194A	Interest other than securities – other than senior citizen	393(1) [Table: Sl. No. 5(ii).D(b)]	10%	Rs. 50,000	Use correct deductee category.
1022	194A	Other interest other than securities	393(1) [Table: Sl. No. 5(iii)]	10%	Rs. 10,000	For non-bank/general interest cases.
1023/1024	194C	Contractor / sub-contractor / labour contract	393(1) [Table: Sl. No. 6(i)]	1% Individual/HUF; 2% others	Rs. 30,000 single; Rs. 1,00,000 aggregate	Applies when payment crosses either threshold condition.
1005	194D	Insurance commission	393(1) [Table: Sl. No. 1(i)]	2% Individual/HUF; 10% others	Rs. 20,000	Updated threshold and rate for FY 2026-27.
1006	194H	Commission or brokerage – other than insurance	393(1) [Table: Sl. No. 1(ii)]	2%	Rs. 20,000	Key update vs older charts: not Rs. 15,000 / 5%.
1008	194I(a)	Rent on plant and machinery – specified person	393(1) [Table: Sl. No. 2(ii).D(a)]	2%	Rs. 50,000 per month	Show separately from rent of land/building.
1009	194I(b)	Rent other than plant/machinery – land, building, furniture, fittings	393(1) [Table: Sl. No. 2(ii).D(b)]	10%	Rs. 50,000 per month	Use for premises/office rent where applicable.
1026	194J(a)	Technical services, call centre, royalty/cinema distribution etc.	393(1) [Table: Sl. No. 6(iii).D(a)]	2%	Rs. 50,000	Split 194J into 2% and 10% buckets.
1027	194J(b)	Professional services and other specified sums	393(1) [Table: Sl. No. 6(iii).D(b)]	10%	Rs. 50,000	Common for consultants/professional services.
1028	194J(b)	Director fees/remuneration/commission other than salary	393(1) [Table: Sl. No. 6(iii).D(b)]	10%	No threshold	Do not apply normal professional-fee threshold.

2. TDS Quick Chart – Other High-Search FY 2026-27 Items

Code	Old Sec.	Nature of Payment	New Act / Reporting Ref.	Rate	Threshold	Notes
1029	194	Dividend including preference shares	393(1) [Table: Sl. No. 7]	10%	Rs. 10,000 for individual	Threshold depends on payee/context.
1030	194DA	Life insurance policy payout not exempt	393(1) [Table: Sl. No. 8(i)]	2%	Rs. 1,00,000	For taxable insurance proceeds.
1031	194Q	Purchase of goods	393(1) [Table: Sl. No. 8(ii)]	0.1%	Excess over Rs. 50 lakh	Usually buyer turnover condition also relevant; verify applicability.
1033/1034	194R	Benefit or perquisite from business/profession	393(1) [Table: Sl. No. 8(iv)]	10%	Rs. 20,000	Includes cash/in-kind cases; apply special notes where relevant.
1035	194O	E-commerce operator payment to e-commerce participant	393(1) [Table: Sl. No. 8(v)]	0.1%	Rs. 5 lakh for Individual/HUF	Marketplace/e-commerce transactions.
1037/1038	194S	Virtual digital asset transfer consideration	393(1) [Table: Sl. No. 8(vi)]	1%	Rs. 10,000; Rs. 50,000 for specified person	Threshold can vary by payer category.
1058/1059	194B	Lottery, crossword, card game, gambling/betting winnings	393(3) [Table: Sl. No. 1]	30%	Rs. 10,000 single transaction	Tax must be handled even if winnings are in kind.
1060/1061	194BA	Online gaming winnings	393(3) [Table: Sl. No. 2]	30%	No standard threshold	Apply net winnings and rules as applicable.
1062	194BB	Horse race winnings	393(3) [Table: Sl. No. 3]	30%	Rs. 10,000 single transaction	Racing club winnings.
1063	194G	Lottery ticket commission/remuneration/prize	393(3) [Table: Sl. No. 4]	2%	Rs. 20,000	Lottery distribution/stocking/selling.
1064	194N	Cash withdrawal – co-operative society payee	393(3) [Table: Sl. No. 5.D(a)]	2%	Rs. 3 crore	Higher rates may apply for non-filers.
1065	194N	Cash withdrawal – other payee	393(3) [Table: Sl. No. 5.D(b)]	2%	Rs. 1 crore	Higher rates may apply for non-filers.
1066	194EE	National Savings Scheme withdrawal	393(3) [Table: Sl. No. 6]	10%	Rs. 2,500	Relevant for eligible NSS withdrawals.
1067	194T	Partner salary/remuneration/commission/bonus/interest	393(3) [Table: Sl. No. 7]	10%	Rs. 20,000	Important new/high-interest FY 2026-27 topic.

3. TCS Quick Chart FY 2026-27

TCS references are consolidated under Section 394 of the Income Tax Act, 2025 for amounts debited or received on or after 1 Apr 2026. Old Section 206C references are shown only to help users recognize the transaction category

Code	Old Sec.	Nature of Collection	New Act / Reporting Ref.	Rate	Threshold / Limit
1068	206C-A	Sale of alcoholic liquor for human consumption	394(1) [Table: Sl. No. 1]	2%	Not specified
1069	206C-I	Sale of tendu leaves	394(1) [Table: Sl. No. 2]	2%	Not specified
1070/1071	206C-B/C	Sale of timber – forest lease / other mode	394(1) [Table: Sl. No. 3]	2%	Not specified
1072	206C-D	Other forest produce, excluding timber and tendu leaves	394(1) [Table: Sl. No. 3]	2%	Not specified
1073	206C-E	Sale of scrap	394(1) [Table: Sl. No. 4]	2%	Not specified
1074	206C-J	Sale of minerals – coal, lignite or iron ore	394(1) [Table: Sl. No. 5]	2%	Not specified
1075	206C-L	Sale of motor vehicle exceeding threshold	394(1) [Table: Sl. No. 6.D(a)]	1%	Generally above Rs. 10 lakh
1076-1085	206C-MA to MJ	Specified luxury goods – watch, art piece, collectibles, yacht/boat/helicopter, sunglasses, bag, shoes, sportswear/equipment, home theatre, race/polo horse	394(1) [Table: Sl. No. 6.D(b)]	1%	Above applicable threshold
1086	206C-T	LRS remittance for education or medical treatment	394(1) [Table: Sl. No. 7.D(a)]	2%	Above Rs. 10 lakh
1087	206C-Q	LRS remittance for purposes other than education/medical	394(1) [Table: Sl. No. 7.D(b)]	20%	Above Rs. 10 lakh
1088	206C-O	Overseas tour programme package – up to Rs. 10 lakh	394(1) [Table: Sl. No. 8.D(a)]	2%	Up to Rs. 10 lakh
1089	206C-O	Overseas tour programme package – above Rs. 10 lakh	394(1) [Table: Sl. No. 8.D(b)]	2%	Above Rs. 10 lakh
1090	206C-F	Use of parking lot for business, excluding mineral oil mining/quarrying	394(1) [Table: Sl. No. 9]	2%	Not specified
1091	206C-G	Use of toll plaza for business, excluding mineral oil mining/quarrying	394(1) [Table: Sl. No. 9]	2%	Not specified
1092	206C-H	Use of mine or quarry for business, excluding mineral oil mining/quarrying	394(1) [Table: Sl. No. 9]	2%	Not specified

4. Old Sections vs New Reporting References

Area	Old Reference	New Act Reference	Return / Challan Context	Practical Note
TDS salary	Old Section 192	New Act Section 392	Commonly Form 24Q / salary TDS certificate process	Use new Act forms/references for salary paid from 1 Apr 2026 onward.
TDS non-salary resident payments	Old Sections 193, 194, 194A, 194C, 194H, 194I, 194J, 194Q etc.	New Act Section 393(1)	Return codes 1019-1038 and related return lines	Old sections are helpful for understanding; use new Act table references/codes while filing.
TDS non-resident payments	Old Sections 194E, 194LC, 195 etc.	New Act Section 393(2)	Foreign/non-resident TDS codes	Apply DTAA, surcharge/cess and special provisions where relevant.
Winnings/cash withdrawal/partner payments	Old Sections 194B, 194BA, 194BB, 194N, 194T etc.	New Act Section 393(3)	Codes 1058-1067	High-rate items and specific thresholds need careful validation.
TCS	Old Section 206C	New Act Section 394	Codes 1068-1092	For amounts debited/received on or after 1 Apr 2026, TCS is governed by Section 394.
Challans/payments	Challan under old Act for periods up to FY 2025-26	New challans under Income Tax Act, 2025 for Tax Year 2026-27	e-Filing portal payment module	The e-Filing portal advises using new challans only for Tax Year 2026-27.

Challan note

For Tax Year 2026-27, the Income Tax e-Filing portal has enabled new challan forms under the Income Tax Act, 2025. Use the correct payment form and reporting reference for the applicable Act and tax year.

Blog/PDF placement copy

Asset Element	Recommended Text
Suggested PDF file name	tds-tcs-rate-chart-fy-2026-27-ay-2027-28.pdf
PDF CTA text	Download TDS & TCS Rate Chart FY 2026-27 PDF
Image / PDF alt text	TDS and TCS rate chart FY 2026-27 with threshold limits and new sections
Recommended button copy	Get a printable chart with TDS rates, TCS rates, threshold limits, old sections, new sections, and challan/reporting references.

5. Sources Reviewed & Disclaimer

Source	Used For
Income Tax Department e-Filing portal	New challans/forms for Income Tax Act, 2025; transition from 1 Apr 2026; payment guidance.
Income Tax India TDS Rates page	TDS rates such as 194H, 194I and 194J.
Income Tax Department TDS Compliance FAQ	TCS consolidated under Section 394; salary/TDS transition under Sections 392/393.
TDSMAN FY 2026-27 chart	Return codes, old section mapping and new Income Tax Act 2025 section/table references. Updated 21 May 2026.
ClearTax FY 2026-27 TDS rate chart	Threshold/rate cross-check for common resident TDS sections.

Disclaimer

This document is a summary reference prepared for content and compliance awareness. It is not legal, tax, accounting or professional advice. Rates, thresholds, reporting codes and applicability may change through notifications, circulars, portal updates or case-specific facts. Always verify official sources before making a deduction, collection, payment or return filing.