Tax Deducted at Source

TDS Calculator

Work out how much TDS will be deducted from a payment, and what you'll actually receive net, for FD interest, professional fees, rent and more.

TDS Calculator

Tax Deducted at Source — applicable rates for salary, FD interest, rent and more

Income Type

Gross Payment / Income (₹)

TDS Rate (%)

Tip: Submit Form 15G/15H if total income below taxable limit to avoid FD TDS
TDS on FD applies when interest > ₹40,000/yr (₹50,000 for senior citizens)

Enter income details to calculate TDS

Disclaimer. This calculator is provided for educational and informational purposes only. Results are estimations and do not constitute professional financial, investment, tax, or legal advice. Consult a qualified advisor before making financial decisions. Read full disclaimer →

About TDS Calculator

Tax Deducted at Source (TDS) is income tax deducted at the point of payment by the payer and remitted to the government. Common TDS rates: Section 192 (salary): slab rate based on estimated annual income; Section 194A (bank FD interest): 10% if PAN provided, 20% without PAN; Section 194C (contractors): 1% (individual/HUF) or 2% (others); Section 194J (professional fees): 10%; Section 194H (commission): 5%; Section 194I (rent above Rs 2.4 lakh/year): 10%.

TDS threshold limits (no TDS below these amounts per year): FD interest Rs 40,000 (Rs 50,000 for senior citizens); Professional fees Rs 30,000; Rent Rs 2,40,000; Commission Rs 15,000. Form 15G/15H: individuals with income below the exemption limit can submit Form 15G (below 60 years) or 15H (60+ years) to avoid TDS deduction on FD interest. TDS credit: deducted TDS appears in Form 26AS and AIS and is offset against total tax liability in ITR filing. If TDS exceeds tax liability, the excess is refunded. Verify TDS credits in Form 26AS before filing ITR.

Frequently Asked Questions

10% if your PAN is on record with the bank, or 20% if it isn't. No TDS applies below ₹40,000 per year in FD interest (₹50,000 for senior citizens).

Submit Form 15G (if under 60) or Form 15H (60 and above) to your bank at the start of the financial year to declare that your total income doesn't attract tax.

10% under Section 194J, applicable once payments to a professional exceed ₹30,000 in a financial year.

Yes. TDS deducted appears in your Form 26AS and AIS, and is credited against your final tax liability when you file your ITR. If TDS exceeds what you actually owe, the excess is refunded.