Income Tax & Salary

TDS Calculator

Quick answer: The FinTax24 TDS Calculator estimates Tax Deducted at Source (TDS) liability for salary, interest, rent, contractor payments, professional fees and other payments covered under Sections 192, 193, 194, 194C, 194J and more. It applies the latest TDS rates and the ₹2,500 / ₹5,000 / ₹10,000 threshold limits under the Income Tax Act, 1961.

TDS Calculator

Calculate TDS for various sections.

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2 Results

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Click Calculate on the left to reveal the breakdown.

Disclaimer: Results are for indicative purposes only and may vary based on actual rates, rules, and policies. Please consult a FinTax24 expert for binding advice.

How to use this calculator

Follow these 4 steps for an accurate result.

  1. 1

    Pick the payment type

    Choose Salary, Interest, Rent, Contractor, Professional or other Section under TDS.

  2. 2

    Enter the payment amount

    Type the gross payment value being made in a single transaction or for the period.

  3. 3

    Review the threshold rule

    The calculator highlights whether the payment crosses the section-specific threshold limit.

  4. 4

    Read TDS + net payable

    TDS amount, surcharge (if any), and net amount payable to the deductee are shown instantly.

Key takeaways

  • Covers all major TDS sections: 192 (salary), 193 (interest), 194 (dividend), 194C (contractor), 194J (professional).
  • Applies the correct threshold limit (₹2,500, ₹5,000, ₹10,000, ₹15,000) per section automatically.
  • Useful for deductors (employers, banks, tenants) to verify quarterly TDS liability under Form 26Q / 27Q.
  • Calculates TDS without considering PAN/Aadhaar surcharges — assume 20% TDS if PAN is not furnished.

Frequently asked questions

Quick answers to common questions about tds calculator.

What is the TDS rate on salary?

TDS on salary is deducted under Section 192 at the slab rate applicable to the employee’s estimated total income for the year. Employers must consider declarations, deductions and 87A rebate before deciding the monthly TDS amount, deposit it by the 7th of the next month, and issue Form 16 by 15 June.

When does TDS on interest apply?

Banks deduct TDS under Section 194A at 10% on interest exceeding ₹40,000 (₹50,000 for senior citizens) in a financial year. For recurring deposits exceeding ₹5,000 interest, the threshold drops to ₹5,000. Submit Form 15G/15H if your total income is below the basic exemption to avoid deduction.

What is the TDS rate on rent?

Section 194-I mandates 10% TDS on rent paid to a resident, with the threshold being ₹2,40,000 per year (combined for all landlords per PAN). Use this calculator to verify the monthly TDS and deposit it using Form 26Q by the 7th of the next month.

Is TDS different for individuals without PAN?

Yes. Under Section 206AA, if the deductee does not furnish a PAN, TDS rate is 20% (or the rate in force, whichever is higher). This makes PAN disclosure mandatory for almost every payment covered by TDS provisions.

How is TDS on professional fees (Section 194J) computed?

Section 194J TDS is 10% on fees for professional services (CA, lawyer, doctor, etc.) and 2% on technical services / royalty. The threshold is ₹30,000 per payment or ₹1,00,000 aggregate, depending on the payment nature. Use this calculator to verify the deducted amount.

How does the calculator handle the TDS on contractor payments?

Section 194C TDS rate is 1% for an individual/HUF contractor and 2% for others, with thresholds of ₹30,000 (single transaction) and ₹1,00,000 (aggregate). The calculator applies the rate you select, so choose the right payee type for the correct output.

Sources & authority: For regulations on tds calculator, refer to gst.gov.in, mca.gov.in, incometax.gov.in, rbi.org.in, Income Tax Department (TDS section wise), TRACES portal, Finance Act 2025 — TDS schedule.

Last reviewed by: FinTax24 Direct Tax Desk · Reviewed on:

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