TDS Calculator
Calculate Tax Deducted at Source instantly — on salary, rent, FD interest, professional fees, and more. Accurate TDS rates for FY 2024-25.
How to Use the TDS Calculator
Select Payment Type: Choose the nature of payment from the dropdown — salary, rent, FD interest, professional fees, contractor payment, or others.
Enter Payment Amount: Type the gross payment amount in Indian Rupees for the period you want to calculate TDS on.
Select PAN Status: Indicate whether the deductee has provided a valid PAN card. TDS rates increase significantly when PAN is absent.
Select Deductee Type: Choose whether the payee is a regular individual, senior citizen, or super senior citizen — this affects threshold limits for salary and FD interest.
Click Calculate TDS: Press the button to instantly see the applicable TDS rate, TDS amount deductible, and net amount payable to the deductee.
Key Features of This TDS Calculator
Multiple Payment Types
Covers salary, rent, FD interest, professional fees, contractor payments, commission, lottery winnings, and more under the correct IT sections.
PAN-Based Rate Adjustment
Automatically applies Section 206AA — doubles TDS or applies 20% minimum when PAN is not provided by the deductee.
Instant Calculation
Results appear instantly in your browser. No server processing, no waiting — fully client-side with accurate arithmetic.
Section Reference Shown
Displays the applicable IT Act section for each payment type so you know exactly which rule governs your TDS deduction.
Indian Format Output
All amounts are displayed in Indian Rupee format with ₹ symbol and proper Indian number formatting for easy reading.
Mobile Friendly
Fully responsive design works seamlessly on phones, tablets, and desktops. Calculate TDS anywhere, anytime without installing anything.
TDS Formula and How It Works
TDS (Tax Deducted at Source) is calculated using a straightforward formula. The deductor applies the applicable rate to the gross payment and deducts that amount before transferring the net payment to the deductee.
Net Payment = Gross Payment − TDS Amount
If PAN not provided:
Effective Rate = MAX(Standard Rate × 2, 20%)
Gross Payment: The total amount before any TDS deduction.
TDS Rate: The rate prescribed under the relevant section of the Income Tax Act, 1961.
Net Payment: The amount actually received by the deductee after TDS is deducted.
Section 206AA: Mandates higher TDS when PAN is absent — the higher of 20% or twice the normal rate applies.
The table below summarises commonly used TDS rates for FY 2024-25:
| Payment Type | Section | TDS Rate | Threshold |
|---|---|---|---|
| Salary | 192 | Slab Rate | Basic exemption |
| FD / Bank Interest | 194A | 10% | ₹40,000 / ₹50,000 (SR) |
| Rent – Land/Building | 194I | 10% | ₹2,40,000/year |
| Rent – Plant/Machinery | 194I | 2% | ₹2,40,000/year |
| Professional Fees | 194J | 10% | ₹30,000/year |
| Technical Services | 194J | 2% | ₹30,000/year |
| Contractor – Ind/HUF | 194C | 1% | ₹30,000 / ₹1,00,000 |
| Contractor – Others | 194C | 2% | ₹30,000 / ₹1,00,000 |
| Commission / Brokerage | 194H | 5% | ₹15,000/year |
| Lottery / Winnings | 194B | 30% | ₹10,000 |
Practical TDS Calculation Examples
🇮🇳 Example 1 — Mumbai, Maharashtra: FD Interest
Scenario: Rajan Mehta has a fixed deposit with SBI, Mumbai. The bank pays him ₹80,000 as annual FD interest. He has provided his PAN card.
Section 194A applies. TDS rate = 10%. Threshold ₹40,000 exceeded.
🇮🇳 Example 2 — Delhi: Commercial Rent
Scenario: A company in Delhi pays monthly rent of ₹60,000 for office space. Annual rent = ₹7,20,000. PAN provided by landlord.
Section 194I applies. TDS rate = 10%. Threshold ₹2,40,000 exceeded.
🇮🇳 Example 3 — Bengaluru: Professional Fees (No PAN)
Scenario: A startup in Bengaluru pays a freelance consultant ₹1,00,000 for professional services. The consultant has not provided PAN.
Section 194J applies. Normal rate 10%. Section 206AA: MAX(20%, 20%) = 20%.
🌍 Example 4 — International Comparison: UK Contractor
Scenario: In India, a contractor (company) receives ₹5,00,000 for a project. PAN provided. Under Section 194C, TDS = 2%.
Compare: In the UK, contractors face 20-30% under the Construction Industry Scheme (CIS). India's contractor TDS at 2% is a minimal deduction.
What Is TDS (Tax Deducted at Source)?
Tax Deducted at Source (TDS) is a mechanism introduced by the Indian government under the Income Tax Act, 1961, to collect income tax at the very point where income is generated. Instead of waiting for the taxpayer to file returns and pay tax, the person making the payment deducts a prescribed percentage and deposits it directly with the government.
TDS applies to a wide range of income types — salaries, interest on fixed deposits, rent, professional fees, contractor payments, commissions, and more. Each type of payment has a specific TDS rate and threshold limit defined under separate sections of the Income Tax Act. The deductor is legally responsible for deducting and depositing TDS on time and filing TDS returns quarterly.
TDS is ultimately credited to the deductee's (recipient's) tax account and can be claimed as a tax credit when filing the annual Income Tax Return (ITR). If TDS deducted exceeds the actual tax liability, the taxpayer receives a refund from the Income Tax Department. This system ensures a steady flow of tax revenue for the government while reducing tax evasion significantly.
TDS in Multiple Languages
स्रोत पर कर कटौती (TDS) — भुगतान करते समय कर काटना।
மூலத்தில் வரி கழிக்கப்படுகிறது — TDS என அழைக்கப்படுகிறது।
మూలంలో పన్ను తగ్గింపు — TDS అని పిలుస్తారు।
উৎসে কর কর্তন — TDS, আয়ের উৎসে কর কাটা হয়।
स्रोतावर कर कपात — TDS म्हणजे उत्पन्नावर कर वजा करणे।
સ્ત્રોત પર કર કપાત — TDS, ચૂકવણી કરતી વખતે કર કાપવો।
ಮೂಲದಲ್ಲಿ ತೆರಿಗೆ ಕಡಿತ — TDS ಎಂದು ಕರೆಯಲಾಗುತ್ತದೆ।
ഉറവിടത്തിൽ നികുതി കിഴിക്കൽ — TDS ആണ്।
Impuesto deducido en la fuente — similar al sistema de retención fiscal.
Retenue à la source — l'impôt est prélevé directement sur le paiement.
Quellensteuer — Steuerabzug direkt bei der Zahlung an den Empfänger.
源泉徴収 (Gensen Chōshū) — 支払い時に税金を差し引く制度。
ضريبة الاستقطاع من المصدر — خصم الضريبة عند الدفع مباشرة.
Imposto retido na fonte — dedução de imposto no momento do pagamento.
원천징수 (Woncheon Jingshu) — 지급 시점에 세금을 원천에서 공제.
Want to understand TDS rules in depth — sections, penalties, deadlines, and filing tips? Read our detailed guide.
Read Full TDS Guide on Our Blog →Frequently Asked Questions — TDS Calculator
Is this TDS Calculator free to use?
What is TDS and why is it deducted?
What is the TDS rate on salary?
What is the TDS rate on rent?
What happens if PAN is not provided?
What is the TDS rate on FD interest?
What is the TDS rate on professional fees?
What is the TDS rate on contractor payments?
Can I submit Form 15G or 15H to avoid TDS on FD interest?
How do I claim a TDS refund?
What is the due date for depositing TDS?
Is TDS applicable on payments to NRIs?
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