Not legal advice — verify with CBDT
TDS Section 193 — Interest on securities
FY 2025-26 · Rate 10%
Section
193
Rate (with PAN)
10%
Rate (no PAN)
20%
What does this section cover?
TDS on interest paid on government securities, debentures, and listed bonds.
Why this section: Interest paid on securities (debentures, bonds, gilts) above the annual threshold attracts TDS at 10%.
Note: Threshold raised to ₹10,000 from April 2025 (was ₹5,000). Government-issued 8% Savings Bond interest > ₹10,000 also taxable.
Key facts
- Threshold
- ₹10,000 per FY (raised from ₹5,000 by Finance Act 2025)
- Applicable for
- FY 2025-26
- Who deducts
- Issuer of securities / Company / Government
- Paid to
- Resident holder of securities
- Statutory source
- Section 193, Income Tax Act
Common terms accountants use
If your description mentions any of these, Section 193 is likely the right answer. The matcher in this tool is a keyword scorer — not an AI classifier — so cross-check borderline cases against the official CBDT TDS rate chart.
interest securitiesdebenture interestbond interestgovernment securityg-sec interest
Need a different section?
Describe the payment in plain English — “rent of plant”, “senior citizen interest”, “NRI dividend” — and the matcher will surface the right section.
Search TDS sections →Source: curated from the CBDT TDS rate chart. Dataset snapshot: 2025-04-01. Rates can change between Finance Acts and notifications — verify before deducting.