Calculate TDS (Tax Deducted at Source) on any payment type in India. TDS applies to salary, interest, rent, professional fees, commission, lottery winnings, and more — each with different rates and thresholds under different sections of the Income Tax Act.
Select the payment type, enter the amount, and see the exact TDS to be deducted. Our calculator covers all major TDS sections: 192 (Salary), 194A (Interest), 194C (Contractor), 194H (Commission), 194I (Rent), 194J (Professional Fees), 194IA (Property), and more. Also shows the penalty for no PAN (20% TDS).
How to Use This Calculator
- Select the payment type/section (e.g., Rent, Interest, Commission).
- Enter the payment amount.
- Select whether the payee has PAN or not.
- Click “Calculate TDS” to see deduction amount and section details.
TDS Rate Quick Reference
| Section | Nature of Payment | TDS Rate | Threshold (₹) |
|---|---|---|---|
| 192 | Salary | Slab Rates | Basic Exemption |
| 193 | Interest on Securities | 10% | ₹10,000 |
| 194 | Dividends | 10% | ₹5,000 |
| 194A | Interest (other than securities) | 10% | ₹40,000 (Banks) / ₹5,000 (Others) |
| 194B | Lottery / Prizes | 30% | ₹10,000 |
| 194C | Contract Payments | 1% / 2% | ₹30,000 (single) / ₹1,00,000 (aggregate) |
| 194D | Insurance Commission | 5% | ₹15,000 |
| 194I | Rent | 2% / 10% | ₹2,40,000 |
| 194J | Professional / Technical Fees | 2% / 10% | ₹30,000 |
| 194IA | Sale of Property | 1% | ₹50,00,000 |
If PAN is not provided by the deductee, TDS is deducted at 20% or the applicable rate, whichever is higher (Section 206AA). Senior citizens (60+) enjoy higher threshold of ₹50,000 under Section 194A for bank interest.
Frequently Asked Questions
What is the TDS rate on salary?
TDS on salary (Section 192) is deducted based on the employee’s income tax slab rate. The employer estimates total annual income, calculates tax liability, and deducts TDS equally across 12 months. If you submit investment proofs (80C, 80D, etc.), TDS is reduced accordingly.
What is TDS on FD interest?
TDS on Fixed Deposit interest (Section 194A) is 10% if annual interest exceeds ₹40,000 (₹50,000 for senior citizens). If PAN is not provided, TDS is 20%. You can submit Form 15G/15H to avoid TDS if your total income is below the taxable limit.
What happens if TDS is not deducted?
The deductor (person making payment) is liable for TDS deduction. Failure to deduct TDS attracts: interest at 1% per month on TDS amount, penalty equal to TDS amount under Section 271C, and the expense may be disallowed as deduction in the deductor’s tax return.