What is the latest ralte of TDS on contractors or professional ?

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What is the latest ralte of TDS on contractors or professional ?..

Answer / amyth

TDS for Professionals - 10%
TDS for Contractors: -
* Main Contractor (other than Advertising) - 2%
* Main Contractor (Advertising) - 1%
* Sub Contractor - 1%

Surcharge and education cess to be added depending upon the
status and total income of the payee

Is This Answer Correct ?    19 Yes 3 No

What is the latest ralte of TDS on contractors or professional ?..

Answer / gajendra yadav

TDS for Professionals - 10%
TDS for Contractors: -
* Main Contractor (other than Advertising) - 2%
* Main Contractor (Advertising) - 2%
* Sub Contractor - 1%

Surcharge and education cess to be added depending upon the
status and total income of the payee

Is This Answer Correct ?    6 Yes 3 No

What is the latest ralte of TDS on contractors or professional ?..

Answer / sathish.thumma

Professional and technical charges paid by company ,they
are deducting 10.33% of Tds

Is This Answer Correct ?    8 Yes 6 No

What is the latest ralte of TDS on contractors or professional ?..

Answer / ca

TDS for Professionals - 10%
TDS for Contractors: -
* Main Contractor (other than Advertising) - 2%
* Main Contractor (Advertising) - 1%
* Sub Contractor - 1%


No EC or SHEC or Surcharge...

Is This Answer Correct ?    1 Yes 0 No

What is the latest ralte of TDS on contractors or professional ?..

Answer / rajni

For Contractor- 1.03%
For Proffessional - 10.30%

Is This Answer Correct ?    2 Yes 2 No

What is the latest ralte of TDS on contractors or professional ?..

Answer / harsha

contract section 194C =2.266%
PROFESSIONAL SECTION 194J=11.33%

Is This Answer Correct ?    3 Yes 5 No

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