Tds 2024-24. Tds rates are revised from 1st october 2024 as the government has made few changes in the tds rates. Tds rate charts typically categorize income sources and provide the corresponding tds rate for each category.

2% the income tax section 194da, deals with tds on payments related to life insurance policies. The tds rate for persons other than companies will be reduced to 2% from the existing 5%, effective from april 1, 2025.