Assertion: tax | /r/HasProperty | deducted at the tax rates
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text: Therefore, tax on salaries will be deducted at the tax rates applicable to your income (inclusive of cess at 4%).Also, one must remember that the reduced TDS rate on the non-salaried payments will be applicable till March 31, 2021.Given below are some of the TDS rates on salaried and non-salaried payments applicable from May 14, 2020 to March 31, 2021.Source: Finance Ministry press releaseThe entity making a payment (which is subject to TDS) deducts a certain percentage of the amount paid as tax and pays the balance to the recipient.