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