TDS & TCS Rate Chart 2026-27-Section-Wise Complete List | Traces Code 1001 to 1092
From 1 April 2026, the Income Tax Act, 2025 replaces the old Income Tax Act, 1961. All Traditional 194-series section-194C, 194J, 194H, 194A and others-stand abolished. Tax Year 2026-27 (FY 2026-27) operates under three new consolidated section.
- Section 392 – Salary & EPF | Code 1001-1004 | Form 138
- Section 393(1) – All non-salary resident payments | Code 1005-1038 | Form 140
- Section 393(2) Non-resident / foreign payments | Codes 1039-1057 | Form 144
- Section 393(3) Winnings, cash withdrawals, partner payments | codes 1058-1067
- Section 394-TCS (Tax Collected at Source) | codes 1068-1092 | Form 143
Traces now requires 4-digit numeric payment codes (1001-1092) in all quarterly returns. Using old section numbers for Tax Year 2026-27 transactions causes portal validation errors. Finance Act 2026 also revises TCS rates on alcohol, scrap, minerals, tendu leaves, LRS remittance, and overseas tour packages.
Dull section-wise payment list with rates and thresholds is given below.
TDS Rate Chart FY 2026-27 PDF Download-Important Highlights & Full Free Download
Download TDS Rate Chart FY 2026-27 PDF – Traces code, old section mapping, rates and thresholds. Covers salary, rent, interest, contracts, property, VDA, non-resident and TCS in one printable PDF.
Download Important TDS Rate Chart PDF – FY 2026-27
TDS Rate Chart for FY 26-27 with new section and threshold limit
Free Download – TDS Rate Chart PDF
Download Full TDS TCS Rate Chart-All 92 Codes
TDS / TCS Section-Wise Payment List-Tax Year 2026-27
TDS TCS Compliance Checklist – Tax year 2026-27 | What You Must Update Now
The section-wise table above covers all 92 TDS/TCS payment codes for Tax Year 2026-27 (FY 2026-27) under the Income Tax Act, 2025. Key compliance actions every deductor must complete:
Software & Returns Update Tally, SAP, or Zoho to use Traces codes 1001-1092. Old section numbers trigger validation errors. Replace Forms 24Q/26Q/27Q/27EQ|26QB, 26QC, 26QD with new forms 138|140|144|143|141.
Certificates & Declarations Issue Form 130 (replaces Form 16), for salaried employees. Accept Form 121 (replaces Form 15G|15H) for nil-TDS declarations and Certificates non-salary Form 131 (replace form 16A).
Rate changes (Finance Act 2026) TCS on alcohol, scrap, minerals raised to 2%. Tendu leaves reduced to 2%. Overseas tour packages now a flat 2% – no threshold, no two-tier slab. LRS education/medical reduced to 2% amounts above 10 lakhs.
Disclaimer: This TDS/TCS rate chart is for informational purposes only and does not constitute professional tax advice. Rates and Traces codes may change via CBDT notifications. Codes 1007, 1010, 1025, 1036 are yet officially notified. Always consult a qualified CA before filling returns.
