The Tax Deduction rates

  1. On interest income- 10% (no health and education cess or surcharge)*
  2. On rental income- 10% (no health and education cess or surcharge)*
  3. On salaries- At regular rates of income tax (including health an education cess and surcharge)

Asterik says* I know the Govt announced that wef 14 May 2020 that for Financial Year 2020-21, TDS will be deducted at 75% of regular rates but for salaries.