TDS Calculator
Estimate TDS deducted on FD interest, contractor payments, professional fees, rent, and commission. Select the payment type to see the applicable TDS rate, deducted amount, and net payment.
Educational Purpose Only: TDS rates are indicative under Income Tax Act. Consult a tax professional for official compliance.
TDS @ 10% if PAN provided (20% without PAN). Threshold: ₹40,000 per year.
What is TDS?
Tax Deducted at Source (TDS) is a mechanism under the Income Tax Act where the payer deducts a portion of the payment as tax before releasing the amount to the recipient. The deducted tax is deposited with the government and the recipient can claim credit for it when filing their income tax return.
TDS applies to a wide range of payments — salary, interest, rent, professional fees, contractor payments, and commission. Each category has its own threshold limit and TDS rate. If the payment does not cross the threshold in a financial year, no TDS is required.
TDS rate reference table
| Payment Type | TDS Rate | Threshold |
|---|---|---|
| FD Interest | 10% (20% without PAN) | ₹40,000 per year |
| Contractor (Individual) | 1% | ₹30,000 per transaction / ₹1,00,000 pa |
| Contractor (Company) | 2% | ₹30,000 per transaction / ₹1,00,000 pa |
| Professional Fees | 10% | ₹30,000 per year |
| Rent (Plant & Machinery) | 2% | ₹2,40,000 per year |
| Commission / Brokerage | 5% | ₹15,000 per year |
This calculator is for educational and illustrative purposes only. TDS rates and thresholds are subject to change by the government. Always verify current rates with a qualified tax professional or the Income Tax Department website before filing or deducting TDS.