Tds provisions for retired employees

shobhit (aa) (339 Points)

26 February 2016  

Dear Members, 

I am a tax deductor in an insurance co.(govt co)

I have paid arrears pertaining to py 12-13, 13-14, 14-15 , & 15-16 to retired employees. what are the TDs provisions in this regard.

whether TDs is to be deducted on these arrears and if so at what rate. 

thanks.