TDS Calculator
Tax Deducted at Source — all sections
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TDS Amount
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Gross Payment
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Net Payment
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TDS Rate
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What is TDS (Tax Deducted at Source)?

TDS is income tax deducted at the source of payment — by your employer (on salary), bank (on FD interest), tenant (on rent), or client (on professional fees). The deducted amount is deposited with the government on your behalf and credited in Form 26AS.

Formula used

TDS = Payment amount × TDS rate Key TDS rates (FY 2024-25): Salary (192): As per income tax slab Bank FD interest (194A): 10% (if annual interest > ₹40K, ₹50K senior citizen) Contractor (194C): 1% individual, 2% company Professional fees (194J): 10% Rent – property (194I): 10% Commission (194H): 5% Without PAN: Higher of 20% or twice normal rate

How to use this calculator

  1. Select the TDS section applicable to your payment
  2. Enter payment amount
  3. Click Calculate — see TDS amount and net payment

Example

Example 1 — Professional consulting fee:
Fee: ₹1,00,000 | Section 194J | TDS: 10%
TDS = ₹10,000 | Net payment to consultant = ₹90,000
Consultant credits ₹10,000 TDS when filing ITR.

Example 2 — Bank FD interest:
Annual FD interest: ₹55,000 (above ₹40,000 threshold)
TDS = ₹55,000 × 10% = ₹5,500 | Net interest: ₹49,500

How to avoid TDS on FD interest:
Submit Form 15G (below 60 years, total income below taxable limit) or Form 15H (senior citizens) to your bank at the start of each financial year.

Frequently asked questions

Your annual tax credit statement showing all TDS deducted across all sources — salary, FD interest, rent, etc. Available at incometax.gov.in. Always verify it before filing ITR.
Claim it as tax credit in your ITR. If total prepaid tax (TDS + advance tax) exceeds liability, you get a refund.
Self-declaration forms submitted to banks to prevent TDS on interest if your total income is below the taxable threshold. 15G for under-60; 15H for senior citizens.