TDS Calculator

Calculate Tax Deducted at Source on salary, interest, rent, and professional fees with current TDS rates and exemptions

Salary TDS Analysis

₹0.00 Annual TDS
₹0.00 Monthly TDS
₹0.00 Net Salary
Gross Salary: ₹0.00
Taxable Income: ₹0.00
Effective Tax Rate: 0.00%

Interest TDS Analysis

₹0.00 TDS Amount
0.00% TDS Rate
₹0.00 Net Interest
Gross Interest: ₹0.00
TDS Threshold: ₹0.00
TDS Applicable: --

Professional TDS Analysis

₹0.00 TDS Amount
0.00% TDS Rate
₹0.00 Net Payment
Gross Amount: ₹0.00
TDS Section: --
Threshold Limit: ₹0.00

How to Use the TDS Calculator

Our comprehensive TDS calculator provides essential tools for Tax Deducted at Source calculations across different income types:

💼 Salary TDS Calculator

Calculate TDS on salary based on new income tax slabs. Input gross salary, HRA, standard deduction (₹50,000), 80C investments, and other deductions. Uses progressive tax rates: 0% up to ₹2.5L, 5% up to ₹5L, 20% up to ₹10L, 30% above ₹10L.

🏦 Interest TDS Calculator

Calculate TDS on interest income from FD, savings, RD, bonds. Threshold limits: ₹40,000 for individuals, ₹50,000 for senior citizens on bank deposits. TDS rate: 10% with PAN, 20% without PAN. NSC and tax-saving FDs have different rules.

🏢 Professional TDS Calculator

Calculate TDS on professional fees, contractor payments, commission, rent. Section 194C (contractor): 1-2%, Section 194J (professional): 10%, Section 194I (rent): 10%. Rates vary based on payee type and PAN availability.

TDS Rules: Deducted at source by payer, deposited to government within prescribed time, certificate (Form 16/16A) issued to payee, can be claimed as advance tax while filing ITR. Threshold limits and rates updated annually.

Frequently Asked Questions

What is TDS and when is it applicable?
TDS (Tax Deducted at Source) is advance income tax deducted by payer before making payment. Applicable on salary, interest, rent, professional fees, commission when amount exceeds prescribed threshold limits. Helps government collect tax at source.
What are the TDS rates for different income types?
TDS rates vary: Salary (as per tax slabs), Interest 10% (with PAN)/20% (without PAN), Professional fees 10%, Contractor payments 1-2%, Rent 10%, Commission 5-10%. Rates may differ for residents vs non-residents.
What are the threshold limits for TDS deduction?
Threshold limits: Interest ₹40,000 (₹50,000 for senior citizens), Professional fees ₹30,000, Contractor payments ₹30,000 (individuals)/₹1,00,000 (companies), Rent ₹2,40,000. No threshold for salary TDS.
How can I claim TDS refund if excess tax is deducted?
File income tax return claiming TDS credit using Form 26AS or AIS. If total TDS exceeds actual tax liability, excess amount will be refunded after ITR processing. Ensure all TDS certificates match with Form 26AS.
What happens if PAN is not provided for TDS deduction?
If PAN is not provided, TDS is deducted at higher rate (usually 20%) or at prescribed rates, whichever is higher. For certain payments like salary, providing PAN is mandatory. Always submit PAN to avoid higher TDS deduction.