New Tds Rates For Fy 2024-25. Applicable surcharge and health and education cess shall be. Average rate of tax + health & education cess (surcharge if salary > 50 lacs) tds as per tax regime selected by employee.

If the provisions of section 206aa is applicable to a specified person, in addition to the provision of this section, the tax shall be deducted at higher of the two rates provided in. Stay compliant to avoid penalties.