TDS Calculator

Calculate Tax Deducted at Source (TDS) on salary, interest, rent, contracts, and professional fees as per latest income tax rules. Know your TDS liability and exemptions.

TDS Calculation Details

TDS Category / Section Salary (Section 192)
Select the category of payment for TDS calculation
Payment Amount ₹50,000
₹
₹1,000 ₹2,50,000 ₹5,00,000 ₹7,50,000 ₹10,00,000
Enter the payment amount on which TDS is applicable
Financial Year 2025-26
Select the financial year for applicable TDS rates
Higher TDS rate applies if PAN is not provided
Salary Components Select Components
Select salary components for accurate TDS calculation
TDS Threshold Limit ₹40,000
₹
TDS applicable only above this limit (varies by section)
Previous TDS Deducted (Optional) ₹0
₹
Enter TDS already deducted in current financial year
TDS to be Deducted
₹2,500
5% TDS Rate
Total Payment ₹50,000
Threshold Limit ₹40,000
Amount Above Threshold ₹10,000
TDS Amount ₹2,500
Net Amount Payable ₹47,500
5%
Applicable TDS Rate
192
Income Tax Section
5%
Effective TDS %

TDS Due Dates

TDS Deduction

7th of next month

Deduct TDS at the time of payment

TDS Payment

7th of next month

Pay TDS to government

TDS Return

Quarterly filing

File Form 24Q/26Q/27Q

TDS Certificate

Within 15 days

Issue Form 16/16A

Current TDS Rates (2025-26)

Section Nature of Payment TDS Rate (PAN) TDS Rate (No PAN) Threshold
192 Salary As per slab 20% or slab Basic exemption
194A Interest (Banks) 10% 20% ₹40,000
194I Rent 10% 20% ₹2,40,000
194C Contract 1-2% 20% ₹30,000
194J Professional Fees 10% 20% ₹30,000

About TDS Calculator

Tax Deducted at Source (TDS) is a means of collecting income tax in India under the Indian Income Tax Act, 1961. This TDS Calculator helps you calculate the TDS amount to be deducted from various payments including salary, interest, rent, contract payments, professional fees, and more.

What is TDS (Tax Deducted at Source)?

TDS is a system where the person making the payment (deductor) deducts tax at source and deposits it with the government. The recipient (deductee) gets the net amount after TDS deduction and can claim credit for the TDS deducted based on Form 16/16A.

Key TDS Sections and Rates

Section 192 - Salary

  • Rate: As per income tax slab rates
  • Threshold: Basic exemption limit
  • Due Date: 7th of next month
  • Form: Form 24Q

Section 194A - Interest

  • Rate: 10% (Banks/Post Office)
  • Threshold: ₹40,000 (₹50,000 for seniors)
  • Exempt: Interest from savings account
  • Form: Form 26Q

Section 194I - Rent

  • Rate: 10% (2% for machinery/equipment)
  • Threshold: ₹2,40,000 per year
  • Applicable: Land, building, furniture
  • Form: Form 26Q

Section 194C - Contract

  • Rate: 1% (Individuals/HUF), 2% (Others)
  • Threshold: ₹30,000 per contract
  • Aggregate: ₹1,00,000 per year
  • Form: Form 26Q

TDS Calculation Process

1

Identify Applicable Section

Determine which TDS section applies based on nature of payment (Salary: 192, Interest: 194A, Rent: 194I, etc.)

2

Check Threshold Limit

Verify if payment exceeds threshold limit for that section (No TDS below threshold)

3

Apply TDS Rate

Apply appropriate TDS rate (varies by section and PAN availability)

4

Deduct and Deposit

Deduct TDS at time of payment/credit and deposit by 7th of next month

Important TDS Rules

Timing of Deduction

TDS must be deducted at the time of payment or credit, whichever is earlier. For salary, it's deducted when salary is paid.

PAN Requirement

If PAN is not provided, TDS is deducted at 20% or applicable rate, whichever is higher (Section 206AA).

Due Dates

TDS payment: 7th of next month. TDS returns: Quarterly (July 31, Oct 31, Jan 31, May 31).

TDS Certificates

Form 16 for salary (by June 15), Form 16A for non-salary (15 days from due date of return filing).

Note: This TDS calculator provides an estimate based on standard rates. Actual TDS deduction may vary based on specific circumstances, exemptions, deductions, and latest amendments to Income Tax Act. Always consult with a tax professional for accurate TDS calculation and compliance.

What is TDS and how is it calculated?

TDS (Tax Deducted at Source) is tax deducted by payer at time of making specified payments. Calculation: (Payment Amount - Threshold Limit) × TDS Rate. For example, ₹50,000 payment with ₹40,000 threshold at 10% rate: (50,000-40,000) × 10% = ₹1,000 TDS.

What is the TDS rate for salary in 2025-26?

TDS on salary (Section 192) is deducted as per applicable income tax slab rates: 0% up to ₹3 lakh, 5% on ₹3-6 lakh, 10% on ₹6-9 lakh, 15% on ₹9-12 lakh, 20% on ₹12-15 lakh, and 30% above ₹15 lakh (with applicable cess).

What happens if PAN is not provided for TDS?

If PAN is not provided, TDS is deducted at 20% or applicable rate, whichever is higher as per Section 206AA. For example, normal rate 10% becomes 20% if PAN not provided.

What is the threshold limit for TDS on interest?

For TDS on interest (Section 194A), threshold is ₹40,000 per year for banks (₹50,000 for senior citizens). No TDS if interest below threshold. For post office deposits, threshold is ₹40,000.

When should TDS be deposited after deduction?

TDS must be deposited by 7th of the next month (for April-Mar deductions). For March TDS, due date is April 30. For government deductors, deposit without challan by same day for cheque payments, next day for cash payments.

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