TDS Calculator
Calculate Tax Deducted at Source (TDS) for various income types. Know your net amount after TDS deduction.
TDS Calculation
Salary (192)
TDS on salary as per income tax slab
Quick Amount:
TDS Summary
₹10.00 L
Gross Amount
₹62.40 K
TDS Amount
₹9.38 L
Net Amount
As per slab
TDS Rate
TDS Rates Reference (FY 2024-25)
| Section | Income Type | Threshold | TDS Rate |
|---|---|---|---|
| 192 | Salary (192) | - | As per slab |
| 194A | Bank Interest (194A) | ₹40.00 K | 10% |
| 194A | Other Interest (194A) | ₹5.00 K | 10% |
| 194 | Dividends (194) | ₹5.00 K | 10% |
| 194J | Professional Fee (194J) | ₹30.00 K | 10% |
| 194C | Contractor (194C) | ₹30.00 K | 2% |
| 194I | Rent - Land/Building (194I) | ₹2.40 L | 10% |
| 194I | Rent - Equipment (194I) | ₹2.40 L | 2% |
| 194H | Commission (194H) | ₹15.00 K | 5% |
| 194B | Lottery/Game (194B) | ₹10.00 K | 30% |
| 194IA | Property Sale (194IA) | ₹50.00 L | 1% |
Important TDS Notes
PAN Not Available
If PAN is not provided, TDS is deducted at 20% or the applicable rate, whichever is higher.
Form 15G/15H
Submit Form 15G (non-seniors) or 15H (seniors) to avoid TDS if your total income is below taxable limit.
TDS Certificate
Deductor must issue Form 16/16A as TDS certificate. Claim TDS credit while filing ITR.
Lower TDS Certificate
Apply for lower/nil TDS certificate under Section 197 if your actual tax liability is lower.
What is TDS Calculator, and How Does it Help You
Tax Deducted at Source (TDS) is a system introduced by the Income Tax Department where tax is deducted directly at the point of origin of income. When a deductor (like an employer or bank) makes a payment (like salary, rent, interest, or professional fees) to a deductee, they must deduct a specified percentage as TDS and deposit it with the government.
The TDS Calculator helps you estimate the TDS deduction and the net payout you will receive for various transaction categories (salaries, interest, professional fees, contractor payments) under Indian tax laws.
Category-wise Rates
Applies the correct TDS section rates (e.g., Sec 194J for professional fees, Sec 194I for rent).
Net Payout Calculator
Computes the exact net take-home payment after TDS deduction.
Threshold Validation
Checks if the payment exceeds the government-mandated exemption threshold before applying TDS.
How Does the TDS Calculator Work?
The calculator applies the relevant section tax rate to the gross payment to compute the TDS amount and the remaining net payment.
TDS Amount = Gross Payment * (TDS Rate / 100)
If a company pays a professional consultant a fee of ₹50,000. Under Section 194J, the TDS rate for professional services is 10%. The calculator computes: TDS = 50,000 * 0.10 = ₹5,000. The net payout received by the consultant is ₹45,000.
How to Use TDS Calculator
Using the TDS Calculator is extremely simple and takes just a few seconds. Follow these steps:
Select Payment Category
Choose the payment type (e.g., Professional Fees, Rent, Salary, Contractor Payment) from the options.
Enter Gross Amount
Input the total transaction or monthly billing amount.
Analyze the Output
The calculator instantly displays the TDS rate, TDS amount, and the net payout.
Advantages of Using TDS Calculator
✓ Accurate Cash Flow Planning
Know the exact net amount you will receive after TDS deductions to plan expenditures.
✓ Ensure Tax Compliance
Deductors can check and deposit the correct tax, avoiding late interest penalties.
✓ Verify Form 26AS claims
Verify that TDS deducted from your income matches the credits on your Form 26AS.
✓ Exemption Threshold Checks
Avoid tax deductions on small payments by checking if they fall below the statutory limits.