TDS Chart as Per New Section Old vs New April 2026: Full List of New TDS & TCS Sections

Source references for the legal position discussed in this article: Section 392 and Section 393 transition guidance, TDS simplification framework, threshold clarifications, and Budget 2026 reliefs.

What has changed in TDS from 1st April 2026

The biggest change is structural. Earlier, taxpayers, accountants, and business owners had to remember a long list of separate TDS sections for salary, bank interest, rent, contractor payments, professional fees, dividends, and purchase of goods. From 1st April 2026, that scattered format is simplified into a smaller, cleaner system under the Income Tax Act, 2025.

In simple words, old Section 192 and Section 192A are consolidated into Section 392 for salary and PF-related TDS. At the same time, more than 20 non-salary TDS sections, including examples like 194, 194A, 194C, 194I, 194J and 194Q, are merged into one master Section 393.

Tax tip: If your accountant, ERP, Tally setup, or compliance checklist still uses the old 194-series references, update them now. Otherwise, your payment classification may stay stuck in the old law even after the new structure starts.

Section 392: Salary and PF TDS now under one roof

Under the old setup, salary TDS and tax deduction on certain provident fund withdrawals sat in two different places, namely Section 192 and Section 192A. From 1st April 2026, both are brought together under Section 392.

For employers and HR teams, this is a practical clean-up. Instead of separately tracking salary deduction rules and PF withdrawal deduction references, the law now places both inside one consolidated section. That means salary-related TDS compliance becomes easier to map in payroll systems and internal tax documentation.

• Old Section 192 is now covered by Section 392.
• Old Section 192A is also now covered by Section 392.
• This change applies from 1st April 2026 under the Income Tax Act, 2025.

Section 393: One Master Section for Non-Salary Tds

This is the change most taxpayers will notice. Instead of remembering different section numbers for interest, contractor payments, rent, professional fees, dividends, and purchase of goods, the new law groups more than 20 non-salary TDS sections under Section 393.

So whether you are paying a consultant, receiving bank interest, paying office rent, or making a business payment that earlier fell under one of the old 194-series provisions, the reference point becomes far simpler. The alphabet soup reduces sharply, and compliance becomes easier to understand even for non-accountants.

New Section 393 Thresholds You Should Remember

Even though the section numbers are now simpler, the thresholds still matter. These are the key limits clearly relevant for ordinary taxpayers, investors and landlords from 1st April 2026.

1) Bank interest for senior citizens

If the recipient is a senior citizen, TDS on bank interest applies when the interest exceeds Rs. 1,00,000, and the TDS rate is 10%.

2) Bank interest for others

For taxpayers other than senior citizens, TDS on bank interest applies when the interest exceeds Rs. 50,000, and the TDS rate is 10%.

3) Rent payments

TDS on rent applies when the rent exceeds Rs. 50,000 per month, and the TDS rate is 10%.

Easy memory trick: under Section 393, remember three numbers first — Rs. 1,00,000 for senior citizen bank interest, Rs. 50,000 for other bank interest, and Rs. 50,000 per month for rent. The rate mentioned here is 10% in each of these cases.

What Budget 2026 changed for NRI property TDS

Budget 2026 gives a useful compliance relief in NRI property transactions. The TAN requirement for NRI property TDS is removed, and the process is now PAN-based.

This matters because many resident buyers had to obtain a TAN only for a one-time property transaction involving a non-resident seller. With PAN-based compliance, that extra procedural step is removed, which makes the process simpler and less intimidating for ordinary property buyers.

No TDS on interest awarded by Motor Accident Claims Tribunals

Another important relief is that no TDS will be deducted on interest awarded by Motor Accident Claims Tribunals. This is a meaningful change for affected families and claimants because such receipts often arise in difficult personal circumstances.

In practical terms, insurers and other payers handling such awards need to update their TDS process so that tax is not deducted on this category of interest.

Who should care about these TDS section changes

These changes are not just for CAs and tax lawyers. They directly affect salaried employees, fixed deposit holders, landlords, tenants, freelancers, agencies, MSMEs, and anyone who either deducts TDS or receives payments after TDS.

• Salaried employees: salary and PF-related TDS references now move to Section 392.
• Investors: bank interest thresholds under Section 393 become important for TDS planning.
• Landlords and tenants: rent above Rs. 50,000 per month attracts TDS at 10% under the new framework.
• Businesses: vendor, contractor, consultant, and similar non-salary payments become easier to track under Section 393.
• NRI property buyers: PAN-based compliance removes the extra TAN headache in the covered scenario.

Practical checklist for FY 2026-27

• Update payroll references from old Section 192 and 192A to Section 392.
• Update vendor, rent, interest, and professional fee mappings from old 194-series sections to Section 393.
• Recheck bank interest thresholds for senior citizens and non-senior citizens.
• Review rent agreements where monthly rent exceeds Rs. 50,000.
• Use the PAN-based route for the covered NRI property TDS compliance change under Budget 2026.
• Do not deduct TDS on interest awarded by Motor Accident Claims Tribunals.

What this means in plain English

The TDS Section Changes Old vs New April 2026 are mainly about making life easier. Section 392 now handles salary and PF-related TDS, while Section 393 becomes the single master section for a large chunk of non-salary TDS payments.

For taxpayers, that means less confusion, fewer section numbers to memorise, and a more practical starting point for day-to-day compliance. Add the Budget 2026 relief for NRI property TDS procedure and the no-TDS rule for Motor Accident Claims Tribunal interest, and the system becomes more user-friendly than before.

FAQs on TDS Section Changes Old vs New April 2026