TDS Calculator
Calculate Tax Deducted at Source (TDS) on various income types. FY 2024-25 rates — interest, rent, professional fees, and more.
TDS Details
Select the type of income or payment
TDS doubles to 20% if PAN is not provided
Enter payment details to calculate TDS
About TDS (Tax Deducted at Source)
TDS is tax collected at source by the payer and deposited with the government. It ensures advance tax collection and reduces tax evasion.
Common TDS Sections & Rates
| Section | Payment Type | Rate | Threshold |
|---|---|---|---|
| 194A | FD / Bank Interest | 10% | ₹40K (₹50K Sr) |
| 194I(b) | Rent — Land/Building | 10% | ₹2.4L |
| 194I(a) | Rent — Plant/Machinery | 2% | ₹2.4L |
| 194J | Professional/Technical Fees | 10% | ₹30K |
| 194C | Contractor Payment | 1% | ₹30K |
| 194H | Commission/Brokerage | 5% | ₹15K |
| 194B | Lottery/Winnings | 30% | ₹10K |
| 194DA | Insurance Maturity | 5% | ₹1L |
| 194 | Dividend | 10% | ₹5K |
TDS Without PAN
- Rate: 20% (flat) if PAN not provided to payer
- Example: ₹1L professional fee → ₹20K TDS vs ₹10K with PAN
- Tip: Always share PAN with the payer immediately
Form 15G / 15H — Avoid TDS
- Form 15G: Below 60 years, total income below taxable limit
- Form 15H: Senior citizens (60+), no tax liability
- Purpose: Request payer not to deduct TDS
- Valid for: One financial year — renew each April
How to Claim TDS Credit
- Form 26AS: Download from income-tax portal — shows all TDS entries
- ITR Filing: Claim TDS credit in your tax return
- Refund: If TDS paid exceeds actual tax, refund is issued after ITR processing
TDS Certificates
- Form 16: TDS on salary — issued by employer by 15 June
- Form 16A: TDS on non-salary — issued quarterly by payer
TDS Due Dates
- Deposit: 7th of the following month
- Quarterly Returns: Q1 → 31 Jul | Q2 → 31 Oct | Q3 → 31 Jan | Q4 → 31 May
- Late deposit interest: 1.5% per month
- Late return penalty: ₹200 per day
TDS Calculator for Indian users
The TDS Calculator helps you turn a financial question into a clear number before you apply for a product, invest money, file taxes or compare alternatives. Instead of relying on rough mental math, enter your actual values and review the result, cost, return or tax impact in a structured way.
This page is designed as a practical SEO and user landing page: the calculator comes first, followed by the formula, a worked example, comparison context, frequently asked questions and links to related MONEX MINT tools. That structure helps users finish the calculation and gives search engines enough context to understand the page beyond the widget.
For best results, run at least two scenarios. Use a conservative rate for planning, a realistic market or lender rate for comparison, and a stress case to see what happens if interest rates, returns, salary, taxes or inflation move against you.
How it's calculated
Taxable Amount = Gross Amount - Eligible Deductions Net Amount = Gross Amount - Tax - Other Deductions
- Gross Amount — Salary, income, HRA or benefit before deductions
- Eligible Deductions — Allowed exemptions and deductions based on Indian rules
- Net Amount — Final usable amount after tax or statutory deductions
Worked example for TDS Calculator
- Enter the main amount, such as loan amount, deposit, investment, income or transaction value.
- Add the rate, tenure, slab, contribution or withdrawal value used by the calculator.
- Review the calculated result and compare it with at least one alternate scenario.
- Use the related calculators below to test adjacent decisions before finalizing.
Result: The final result should be used as a decision-support estimate, then verified against the lender, fund house, tax rule, scheme document or official statement before action.
TDS Calculator planning checklist
| Step | What to check | Why it matters |
|---|---|---|
| Inputs | Use realistic values, not rounded guesses | Small input changes can materially alter the final result |
| Rate | Confirm whether the rate is annual, monthly, flat, reducing or scheme-specific | Wrong rate type is the most common source of bad estimates |
| Tenure | Compare short and long periods | Longer horizons can reduce cash flow but increase total cost or uncertainty |
| Tax/fees | Include taxes, fees, charges or inflation where relevant | The net result matters more than the headline number |
| Next action | Save the result and compare with related calculators | A single number is useful; a comparison is decision-ready |
Tips and best practices
- Use current official rates or lender quotes where possible.
- Compare best case, base case and conservative case before acting.
- Do not judge a financial product only by EMI, maturity value or tax saved; look at total cost and risk.
- Recalculate whenever rates, salary, tax slabs or scheme rules change.
- Use the sitemap and calculator hub to move between related tools quickly.
Frequently asked questions
What is the TDS Calculator?
How accurate is the TDS Calculator?
Can I use this calculator for Indian financial planning?
What details should I enter?
Does this replace professional financial advice?
Which related calculators should I use next?
Related calculators
MONEX MINT calculators are educational planning tools. Results are estimates and may differ from final figures issued by banks, tax departments, AMCs, employers, registrars or government scheme providers.