TDS Calculator
When you pay your salary, rent, commission, or interest, a certain amount is taken out of your check for Tax Deducted at Source (TDS). The payer takes TDS out of the payment before sending it, and the recipient gets the net amount after the deduction.
Taxpayers sometimes mix up TDS with their final tax bill. TDS is a way to pay taxes in advance, and the real tax bill is figured out when you file your annual income tax return.
What is a TDS Calculator?
A TDS calculator is a tool you can use online to figure out how much TDS should be taken out of different types of payments according to the Income Tax Act.
You give these things:
Type of recipient: Individual, HUF, sole proprietor, or other (company, firm)
Availability of PAN: If the recipient has given PAN
Type of Payment: Salary, rent, professional fees, interest on an FD, etc.
Amount of payment: Total amount being paid
The calculator shows:
TDS Deductible: Does TDS apply (Yes/No)?
TDS Amount: The exact amount to be taken out
Net Payment: The amount you owe after TDS is taken out
Keep in mind that TDS rates and thresholds change depending on the type of payment and the type of recipient. Most sections under Section 206AA take out TDS at a higher rate of 20% if you don't have a PAN.
How do TDS Calculators work?
The type of payment and the Income Tax section that applies will affect how TDS is calculated. The basic idea is to check the threshold limits and use the rates that are set.
TDS Sections and Rates (FY 2025-26):
Section | Nature of Payment | Threshold Limit | TDS Rate (Individual/HUF) | TDS Rate (Others) |
192 | Salary | No threshold | As per slab rates | As per slab rates |
192A | Premature EPF withdrawal | ₹50,000 | 10% | 10% |
193 | Interest on securities | ₹10,000 (Listed) / ₹5,000 (Others) | 10% | 10% |
194 | Dividend | ₹5,000 | 10% | 10% |
194A | Interest (FD, Savings) - Regular | ₹50,000 (₹40,000 banks) | 10% | 10% |
194A | Interest (FD, Savings) - Senior Citizen | ₹1,00,000 | 10% | 10% |
194B | Lottery/Crossword/Game Shows | ₹10,000 | 30% | 30% |
194BB | Horse Race Winnings | ₹10,000 | 30% | 30% |
194C | Contractor Payment (Single) | ₹30,000 | 1% | 2% |
194C | Contractor Payment (Aggregate) | ₹1,00,000 | 1% | 2% |
194D | Insurance Commission | ₹15,000 | 5% | 5% |
194DA | Life Insurance Maturity | ₹1,00,000 | 5% | 5% |
194EE | NSS/MF Deposit Repayment | ₹2,500 | 10% | 10% |
194G | Commission on Lottery Tickets | ₹15,000 | 5% | 5% |
194H | Commission/Brokerage | ₹15,000 | 5% | 5% |
194-I | Rent - Plant & Machinery | ₹2,40,000 | 2% | 2% |
194-I | Rent - Land/Building/Furniture | ₹2,40,000 | 10% | 10% |
194-IA | Sale of Immovable Property | ₹50,00,000 | 1% | 1% |
194-IB | Rent by Individual/HUF | ₹50,000/month | 5% | N/A |
194-IC | Joint Development Agreement | ₹50,00,000 | 10% | 10% |
194J | Professional/Technical Fees | ₹30,000 | 10% | 10% |
194J | Technical Services (Royalty) | ₹30,000 | 2% | 2% |
194K | Income from Mutual Funds/Units | ₹5,000 | 10% | 10% |
194LA | Compensation on Land Acquisition | ₹2,50,000 | 10% | 10% |
194LBC | Income from Securitization Trust | ₹5,000 | 25%/30% | 30% |
194M | Payment by Individual/HUF (misc.) | ₹50,00,000 | 5% | N/A |
194N | Cash Withdrawal from Bank | ₹1 crore+ | 2%/5% | 2%/5% |
194-O | E-commerce Participants | No threshold | 1% | 1% |
194Q | Purchase of Goods | ₹50,00,000 | 0.1% | 0.1% |
194R | Benefits/Perquisites | ₹20,000 | 10% | 10% |
194S | Virtual Digital Assets (Crypto) | ₹10,000 | 1% | 1% |
Key Notes:
Without a PAN, most sections have a 20% TDS rate (except for 194-O and 194Q, which have a 5% rate).
People who are 60 years old or older are considered seniors.
Threshold limits are yearly unless stated otherwise
How to calculate TDS?
Calculating TDS is simple, you take a set rate (e.g. 10%) from total amount and that's your TDS.
For example, TDS on interest from a bank FD
HDFC Bank has fixed deposits for Mr. Sharma. In the fiscal year 2025–26, he made ₹50,000 in interest.
Given:
Total FD Interest: ₹50,000
Recipient: Person (not a senior citizen, but a regular person)
Section: 194A
Limit: ₹40,000 (for bank deposits)
10% TDS Rate
Step 1: See if the threshold has been crossed. Interest earned (₹50,000) is greater than the threshold (₹40,000).
Yes, TDS does apply.
Step 2: Find out how much TDS you owe: TDS = Total Interest × TDS Rate TDS = ₹50,000 × 10%
TDS is ₹5,000
Step 3: Find out how much net interest you got:
Net Interest = Total Interest minus TDS Deducted
Net Interest = ₹50,000 - ₹5,000
Net Interest is ₹45,000.
In short:
Total Interest: ₹50,000
TDS Taken Away: ₹5,000
Interest Credited: ₹45,000
The bank will put ₹45,000 into Mr. Sharma's account and ₹5,000 into the government's account as TDS. When Mr. Sharma files his income tax return, he can claim this ₹5,000 TDS credit.
How to use Stockify's TDS Calculator?
1. Choose the type of recipient
Select Individual/HUF/Sole Proprietor or Other (Company/Partnership).
2. Show that PAN is available
Choose whether the recipient has given you their PAN (this changes the TDS rate).
3. Choose the type of payment
Choose a payment method: Salary (192), Professional Fees (194J), Rent (194I), FD Interest (194A), and so on.
4. Type in the amount of the payment
Enter the total amount of the payment to see if the threshold has been crossed.
5. Look at the Results
The calculator shows if TDS applies, how much TDS is due, and the net payment after the deduction.
Advantages of using Stockify's TDS Calculator
These are the advantages of using the calculator:
Compliance Assurance:
Makes sure the right TDS deduction is made according to the rules, so you don't have to pay fines for not deducting enough or not at all.
Financial Planning:
To better manage your budget and cash flow, know how much money you have in your hand or how much you get after TDS is taken out.
Quick Check:
Check to see if the TDS the payer took out is correct based on the rates and thresholds that apply.
Saves time:
It eliminates mistakes made by hand and saves time compared to looking at complicated TDS rate charts.
FAQ
A TDS calculator figures out how much tax you owe on your wages, interest, rent, and professional fees. To figure out TDS, enter the payment information, the amount received, and the type of payment.
The TDS limit for FD interest is ₹40,000 for bank deposits, ₹50,000 for firm deposits (ordinary depositors), and ₹1,000,000 for people over 60 years old. If the annual interest on all FDs with the same institution goes over these limits, then TDS of 10% applies.
Section 192 says that TDS is applied to salary without a limit. Employers take out TDS based on the expected annual pay, the tax slab, the standard deduction (₹50,000 old/₹75,000 new), and any investments declared under 80C/80D.
Under Section 206AA, most payments without a PAN are subject to a 20% (greater) TDS, even if the rates are lower. Without a PAN, Sections 194-O (e-commerce) and 194Q (buying goods) are 5%.
You get a refund if the TDS you paid is more than your ITR tax liability. The Income Tax Department checks Form 26AS/AIS ITR claims for TDS credit and gives back money.
People who are under 60 years old fill out Form 15G and people who are 60 years old or older fill out Form 15H to avoid having TDS taken out when their income is below the taxable limit. To avoid TDS deduction, give banks or payers your information before they credit your interest or payment.
Look at Form 26AS TDS on the Income Tax e-filing site or the Annual Information Statement. Both show the TDS that all deductors took out of your PAN during the financial year, broken down by section.
Section 194S says that there must be a 1% TDS on bitcoin transfers of more than ₹10,000 (or ₹50,000 if the total amount is up to ₹10 lakh per year). Before paying the seller, the buyer takes out TDS.
Section 194N says that if you take out more than ₹1 crore (₹20 lakh for people who don't file ITRs, ₹3 crore for certain businesses) from banks or post offices, you have to pay TDS. TDS: 2% up to a certain amount, 5% over that amount.
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