TDS Calculator for India
Calculate Tax Deducted at Source (TDS, Indian source deduction) for all main types of payments: 194A (interests), 194C (contractors), 194H (commissions), 194I (rental income), 194J (professional compensation) and others. Includes surcharge and 4% education cess.
Payment Details
TDS Calculation
Come utilizzare Calcolatore TDS India
Select the TDS Section
Choose the relevant TDS section based on payment type: interest (194A), contractor (194C), commission (194H), rent (194I), or professional fees (194J).
Insert payment amount
Insert the gross payment amount in INR. Tax Deducted at Source (TDS) will be deducted from this amount before payment to the recipient.
Set residency type and PAN status
Indicate if the recipient is an Indian resident or a non-resident. If PAN is not provided, TDS will be deducted at 20% (or applicable rate, if higher).
Review TDS, surcharge and cess.
View TDS rate, base TDS amount, potential surcharge (for high-value payments by non-residents), 4% education cess and net payment after TDS.
Suggerimenti
- Tax Due Date is due on the 7th of the next month (except March, due on April 30th).
- Missed respect of TDS involves interests: 1% per month for missed withholding and 1.5% per month for missed TDS payment.
- Present declarations of TDS quarterly: Forms 24Q (salary), 26Q (non-resident income), 27Q (non-residents) on the TRACES portal.
- Who pays the tax must release TDS certificates: Form 16 (salary) or Form 16A (non-salary) to the deductee within the prescribed timeframe.
Domande frequenti
What is TDS and why is it deducted?
TDS (Tax Deducted at Source) is a mechanism where the payer deducts tax at source when making specific payments. The deducted amount is deposited with the government on the payee's behalf. It ensures tax collection at the point of payment, reducing tax evasion. The payee can claim TDS as credit while filing income tax returns.
What happens if no PAN is provided?
If the recipient does not provide a PAN, TDS must be deducted at 20% (Section 206AA) or the applicable TDS rate - whichever is higher. This acts as an incentive for recipients to provide PAN details.
When does the threshold for TDS apply?
TDS thresholds are annual limits. For example, Section 194A (interest) has a ₹40,000 threshold per bank. If interest payable in a financial year exceeds ₹40,000, TDS applies on the entire amount, not just the excess. Some thresholds are per-payment (194C: ₹30,000 per contract) and aggregate annual (₹1 lakh total).
What is the difference between TDS and TCS?
TDS (Tax Deducted at Source) is deducted by the payer when making payments. TCS (Tax Collected at Source) is collected by the seller at the time of sale of certain goods (like timber, scrap, minerals). TDS is a deduction mechanism; TCS is a collection mechanism. Both are credited to the buyer/seller's Form 26AS.
Can TDS be avoided with Form 15G / 15H?
Form 15G (for individuals below 60) and Form 15H (for senior citizens 60+) can be submitted to declare that total income is below the taxable threshold. When accepted, the payer can release payment without TDS deduction. This applies primarily to interest income (Section 194A) and certain other sections.