TDS Calculator

The TDS calculator is an online tool that helps you determine the amount of tax that you have to deduct while making different types of payments. The TDS rate and threshold are different for different types of payments. Hence, the TDS calculator helps you calculate the TDS amount for different payments according to the Income-tax Act, 1961.

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TDS Applicable

₹ 0

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Calculate Your TDS Applicable

IndividualOther

Residential Status

Resident

Financial Year

2024-2025

Is PAN available?

Yes

Type of Payment

192A - Premature withdrawal from EPF

Payment Date

Payment Amount

₹

TDS Applicable

₹ 0

How have we calculated your TDS?

The TDS Calculator helps you estimate how much TDS should be deducted from various income sources. Tax Deducted at Source (TDS) is a mechanism where tax is deducted at the time of income payment.

TDS Calculator: Simplify Your Tax Deduction Calculations

The TDS Calculator helps you estimate how much TDS should be deducted from various income sources. Tax Deducted at Source (TDS) is a mechanism where tax is deducted at the time of income payment.

Who can make use of the TDS Calculator?

Banks

Commission Agents

Contractors

Employers

Freelancers

Tax Consultants

Salaried Individuals

Why Use a TDS Calculator?

Computing TDS manually can be confusing. The TDS Calculator helps you: • Determine TDS liability for different types of income. • Ensure compliance with tax regulations. • Avoid penalties for incorrect deductions.

How to Use the TDS Calculator

Our TDS Calculator will show you the TDS deducted, if any. It is simple to use; just enter the required details, and the TDS deducted will be displayed. 1. Recipient Details: Select whether you are an individual or fall under the others category. Also, indicate if you are a PAN holder or not. 2. Type of Payment: Choose the applicable payment type from the provided list. 3. Payment Amount: Enter the total payment made. Once you input these details, the TDS Calculator will instantly compute the TDS amount applicable.

Illustration

Example 1 (Salary TDS Calculation): A person earns ₹10 lakh annually and has ₹1.5 lakh deductions. • Taxable Income = ₹8.5 lakh. • TDS = As per applicable tax slab. Example 2 (Fixed Deposit TDS Calculation): A person earns ₹60,000 interest on FD. • TDS @ 10% = ₹6,000.

Conclusion

Understanding TDS helps in better tax planning. Use our TDS Calculator to compute deductions accurately and ensure compliance!

TDS is tax deducted at source by the payer before making a payment.

TDS is deducted when a payment exceeds specified thresholds.

File an Income Tax Return (ITR) to claim excess TDS.

A higher TDS rate (20%) may be applied.

Yes, if salary crosses the taxable limit.

Yes, 1% TDS applies if property value exceeds Rs. 50 lakh.

Submit Form 15G/15H if eligible to avoid TDS deduction.

View Form 26AS on the Income Tax portal.

Contact the deductor or file a correction request.

Depends on income type. Salary TDS is monthly, while FD TDS is deducted annually.