TDS (Tax Deducted at Source) Calculator
Calculate TDS deduction on various types of payments.
Calculate TDS
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TDS Calculation
Select section and enter amount.
Common TDS Rates
Section Description Rate Threshold
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194A Interest (Bank) 10% ₹40K (₹50K seniors)
194C Contractor (Individual) 1% ₹30K single/₹1L year
194C Contractor (Company) 2% ₹30K single/₹1L year
194H Commission/Brokerage 5% ₹15,000
194I Rent - Plant/Machinery 2% ₹2,40,000/year
194I Rent - Land/Building 10% ₹2,40,000/year
194IA Property Purchase 1% ₹50,00,000
194IB Rent by Individual 5% ₹50,000/month
194J Professional/Technical Fees 10% ₹30,000
194N Cash Withdrawal 2%/5% ₹1Cr (non-filers)
No PAN (Section 206AA)
If payee doesn't provide PAN:
TDS Rate = Higher of:
• Rate specified in Act
• Rate in force
• 20%
FAQs
Tax Deducted at Source (TDS) is advance tax deducted by the payer and deposited with government. The payee can claim credit for TDS in their ITR.
You can claim refund of excess TDS by filing your Income Tax Return.
15G (below 60) and 15H (seniors) are forms to declare that your income is below taxable limit, so no TDS should be deducted on interest.
TDS must be deducted at the time of credit to payee's account or actual payment, whichever is earlier.
Disclaimer: TDS rates may change. Verify current rates on incometax.gov.in