Schedule-04 - Rates for deduction of tax at source in the case of non-resident deductee - Direct Taxes Code, 2010

THE FOURTH SCHEDULE [See sections 195(3) and (4), 314(187)(b)] (Rates for deduction of tax at source in the case of non-resident deductee) Serial number Nature of payment (Specified payment) Rate (1) (2) (3) 1. Income from employment The average rate of income-tax on estimated income from employment during the financial year, computed on the basis of the rates specified in Part 1 of the First Schedule 2. Payment by way of — (i) interest; or (ii) dividends on which dividend distribution tax has not been paid under section 109; or (iii) profit distributed by a fund on which tax on distributed income has not been paid under section 110. 20 per cent. 3. Payment by way of royalty or fees for technical services. 20 per cent. 4. Winnings from lotteries, crossword puzzles, card games or any other game or gambling or betting. 30 per cent. 5. Winnings from horse races (not related to the activity of owning and maintaining race horses). 30 per cent. 6. Payment to a non-resident sportsperson (not being a citizen of India) by way of— (i) participation in India in any game or sport (other than winnings referred to at serial numbers 4 and 5); (ii) advertisement; or (iii) contribution of articles relating to any game or sport in newspapers, magazines or journals in India 10 per cent. 7. Payment by way of guarantee money to a non-resident sports association or institution in relation to any game or sports played in India 10 per cent. 8. Any other sum chargeable to tax. 30 per cent.