|Nature of Payment||Co.||Others|
|1. Long Term Capital Gains u/s 115E||NA||10%|
|2. Other Long Term Capital Gains (excluding u/s 10(33), 10(36) & 10 (38))||20%||20%|
|3. Short Term Capital Gains u/s. 111A||15%||15%|
|4. Investment income from Foreign Exchange Assets||NA||20%|
|5. Interest payable on moneys borrowed or debt incurred in Foreign Currency Royalty & Fees for technical services u/s. 115A||20%||20%|
|6. Agreement 1st June, 1997 to 31st May, 2005 – Agreement on or after 1st June 2005||10%||10%|
|7. Winnings from Lotteries, Crossword Puzzles and Horse Races||30%||30%|
|8. Any Other Income||40%||30%|
1. Surcharge @ 2% is applicable only in case of Non-Domestic Companies where payments exceed Rs. 1 cr.
2. Education cess @ 3% is applicable in all cases.
|Interest on delay in deposit of tax after deduction|
|Stage of deduction||Upto 30th June 2010 (Rate per month or part of the month)||From 1st July 2010 (Rate per month or part of the month)|
|From date when deductible till actual deduction||1%||1%|
|From date of deduction till payment||1%||1.5%|