TDS (Tax Deducted at Source) Calculator

Calculate TDS for various income types and transactions

Select the type of income or payment
Enter the gross payment amount
Select the type of deductee
Higher rate applies if PAN not available

TDS Amount

₹0
Amount to be deducted at source

TDS Rate

0%
Applicable rate of deduction

Net Amount

₹0
Amount after TDS deduction

Threshold Limit

₹0
Minimum amount for TDS

Section Details

Section Information

Select an income type to view section details

Compliance Requirements

  • File quarterly TDS returns
  • Issue Form 16/16A to deductee
  • Deposit TDS by 7th of next month

TDS Rate Chart

Nature of Payment Section Threshold (₹) Rate

Important Due Dates

TDS Payment

7th of the next month

Form 24Q/26Q

Quarterly returns within 31 days from quarter end

Form 16/16A

Within 15 days from due date of Form 24Q/26Q

Correction Return

Within 2 years from end of financial year

About Tax Deducted at Source (TDS)

What is TDS?

Tax Deducted at Source (TDS) is a method of collecting tax at the point of income generation. The person making the payment deducts tax at prescribed rates and deposits it with the government.

Key Features

• Immediate tax collection
• Reduces tax evasion
• Regular income for government
• Widens tax base
• Creates tax payment trail

Compliance

• Quarterly return filing
• Timely deposit of tax
• Issue of TDS certificates
• Maintain proper records
• Default penalties applicable

Important Notes

• Higher rates for non-PAN cases
• Section 206AA provisions
• Lower certificate facility
• Online payment mandatory
• Late fees applicable

Conclusion

Use our TDS Calculator to calculate your tax deductions and the required contributions for a secure retirement. Plan your savings effectively with accurate results.

FAQs

What is the minimum income requirement for TDS?

The minimum income requirement for TDS is ₹2,000 per month.

What is the tax benefit for TDS?

The tax benefit for TDS is calculated based on your income, deductee type, and PAN status.

Can I sell my TDS certificates?

No, TDS certificates are non-transferable and cannot be sold.

What is the interest rate for TDS?

The current interest rate for TDS is 7.7%.

What is the maturity period for TDS?

The maturity period for TDS is 5 years.