TDS Calculator

Tax Deducted at Source (TDS) is a mechanism to collect income tax at the source of income generation. Different types of income have different TDS rates, and the rates vary based on whether the recipient has provided their PAN (Permanent Account Number).

Our TDS calculator helps you determine the exact TDS amount for various income types and shows the applicable section under which TDS is deducted.

TDS Rates by Income Type:

• Salary (Section 192): As per tax slab
• Interest on Securities (Section 194A): 10% (with PAN), 20% (without PAN)
• Rent (Section 194I): 10% (with PAN), 20% (without PAN)
• Professional Fees (Section 194J): 10% (with PAN), 20% (without PAN)
• Contractor Payments (Section 194C): 1% (with PAN), 20% (without PAN)
• Commission (Section 194H): 5% (with PAN), 20% (without PAN)

PAN vs Non-PAN Impact:

• With PAN: Standard TDS rates apply
• Without PAN: Higher TDS rate of 20% (except for specific cases)
• Importance of PAN: Significantly reduces TDS burden

TDS Exemptions:

• Interest: No TDS if annual interest < ₹40,000 (₹50,000 for senior citizens)
• Rent: No TDS if annual rent < ₹2.4 lakh
• Professional Fees: No TDS if annual payment < ₹30,000

Features:

• Calculate TDS for multiple income types
• PAN vs non-PAN rate comparison
• Applicable section identification
• Visual TDS breakdown
• Net amount calculation