INDIVIDUAL:- slab rate :- 

1 > FEMALE 145000/- exempt upto 150000/- @ 10%  upto 
250000/-   @20% more then 250000/- & upto 1000000/- @30%

2 > Male 110000/- exempt upto 150000/- @ 10%  upto 250000/-
   @20% more then 250000/- & upto 1000000/- @30%

3 > Senior Citizen 195000/- exempt upto 250000/-   @20% 
more then 250000/- & upto 1000000/- @30%


COMPANY:- Slab Rate:-

TDS on Advertisement in Fy 2008-09 is as follows:


Section: 194 C 

Limit: Rs.20,000-/

1) for Company : 1.133% ( Rate 1%, Sur ch 10% & Edu cess 3%)
 (Where nety taxable income more than 1 Crore)

2) for Company : 1.030% ( Rate 1%, Sur ch 0% & Edu cess 3%)
 (Where nety taxable income less than 1 Crore)

3) for Individual: 1.133%

TDS on Advertisement in Fy 2008-09 is as follows:


Section: 194 C 

Limit: Rs.20,000-/ and exceed Rs.50,000/- in a financial 
year

1) for Company, Firms and Individual  : 1.133% ( Rate 1%, 
Sur ch 10% & Edu cess 3%)
 (Where net taxable income more than 1 Crore)

2) for Company, Firms and Individual : 1.030% ( Rate 1%, 
Sur ch 0% & Edu cess 3%) (Where net taxable income less 
than 1 Crore)

3) Local authority and Co-operative societies surcharges 
not added.

TDS Rate in advertising is 1%+(10% surcharge Ef app.)+3% 
Education cess

TDS on advertising is deducted U/s.194C of Income tax act.

If TDS not deducted, If Per single transaction does not exceed Rs.20,000/-
and total transactions during the year doe not exceed Rs.50,000/-. 
Otherwise Tds has to deduct.

For Individuals Normal rate 1% + 10%Surcharge on Tax(It is applicable only if the Individual gross total income exceeds Rs.10,00,000/-, other wise surcharge is not applicable.) +Education cess @2% and Higher education cess 1% on on tax.

For Companies & Firms :- Income tax 1% + 10%Surcharge on Tax(It is applicable only if the Companies & Firms total turnover exceeds Rs.1,00,00,000/-, other wise surcharge is not applicable.) +Education cess @2% and Higher education cess 1% on on tax.