Statutory Compliance Officer
Arghya Mitra

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hi at the time of preparin form 16 i am bit confused.can any body tell me what was the old tds rates for the year 2006-07
hi arghya,
the TDS rates for financial year 2006-07 is as follows. i hope you want it for individuals.
for individuals / HUF
if taxable income is
below Rs.100000 - Nil
between 100001 and 150000 - 10% of income in excess of Rs.100000
between 150000 and 250000 - Rs.5000 + 20% of income in excess of Rs.150000
Above 250000 - Rs.25000 + 30% of income in excess of Rs.250000
the above rate is applicable for male individuals not being a senior citizen
for women - the minimum tax exemption limit is Rs.135000 as opposed to Rs.100000 mentioned above - other slabs are remain same
for senior citizen - the minimum tax exemption limit is Rs.185000 - other slabs are remain same
in case u need further information pls. forward your query thgh. this forum or at
have a nice day

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