TDS Calculator India
Calculate TDS (Tax Deducted at Source) on salary, interest, rent, professional fees and other payments as per Income Tax Act.
About this calculator
This TDS calculator covers the most common sections of the Income-tax Act: salary under Section 192, interest under 194A, rent under 194I, professional fees under 194J, contractor payments under 194C, commission under 194H and a few others. Pick the section, the type of payee and the amount, and it applies the right rate.
For salary it goes further and works out your annual tax and monthly TDS under the old or new regime for FY 2026-27. That means you can estimate what your employer should deduct each month, and check your payslip against it.
How to use it
- Choose the TDS Section. The rate and threshold appear underneath.
- For salary (192), enter your Annual Gross Salary and choose the Tax Regime. Add the standard deduction and Chapter VI-A deductions if you use the old regime.
- For other sections, enter the Payment Amount and choose the Payee Type: individual or HUF, or company or firm.
- Press Calculate TDS and read the TDS amount and net payment.
Rates by section
The calculator uses these rates: 194A interest 10% above ₹50,000 at a bank (₹1 lakh for seniors); 194I rent 10% above ₹6 lakh a year (2% for plant and machinery); 194J professional fees 10% and technical fees 2% above ₹50,000; 194C contractors 1% for individuals and 2% for others; 194H commission 2%; 194B lottery and game winnings 30%; 194D insurance commission 2% for individuals and 10% for companies. For salary, TDS is the tax on slab rates after the standard deduction, rebate, surcharge and 4% cess, divided by twelve.
Worked example
Annual salary ₹15,00,000, new regime
| Gross salary | ₹15,00,000 |
| Standard deduction | ₹75,000 |
| Taxable income | ₹14,25,000 |
| Income tax | ₹93,750 |
| Cess (4%) | ₹3,750 |
| Annual TDS on salary | ₹97,500 |
| Monthly TDS | ₹8,125 |
Your employer should deduct about ₹8,125 a month. If your payslip shows much more, check whether you declared your regime and investments.
Tips and common mistakes
- Tell your employer your chosen regime in April. If you do not, they default to the new regime.
- Under the old regime, submit investment proofs on time so that excess TDS is not deducted in the last months.
- For rent above ₹6 lakh a year, the tenant must deduct TDS and file the return even if the tenant is an individual.
- Ask contractors and professionals for their PAN before the first payment.
- Download Form 26AS every quarter to verify that TDS credits match your deductions.
Frequently asked questions
What is the TDS threshold for rent?
₹6,00,000 a year (₹50,000 a month) for land, building and furniture. Below it no TDS is required.
What is the TDS on interest from a bank FD?
10% when interest from one bank exceeds ₹50,000 a year, or ₹1,00,000 for senior citizens. Submit Form 15G or 15H to avoid it if your income is below the taxable limit.
How is TDS on salary calculated?
The employer estimates your annual tax on slab rates after exemptions and deductions for the chosen regime, then deducts it in monthly instalments.
What is the TDS rate for contractors?
1% on payments to individuals and HUFs, and 2% on payments to companies and firms, under Section 194C.
Who deposits TDS with the government?
The deductor, who must deposit it by the 7th of the following month and file quarterly TDS returns.
Where can I see my TDS?
In Form 26AS and the Annual Information Statement on the income tax portal.