TDS Calculator
GST & Tax
Calculate TDS deductions
Salary
Tax deducted at source from salary (based on income tax slabs)
Important Notes
- • TDS rates mentioned are as per the Income Tax Act, 1961
- • Threshold limits are per financial year
- • PAN submission is mandatory for TDS to be deducted
- • You can claim TDS credit while filing income tax return
Introduction
The TDS Calculator helps employers and deductors calculate Tax Deducted at Source (TDS) on salary and other payments as per Indian Income Tax rules. Whether you are an HR professional processing monthly salaries or an individual freelancer calculating TDS on payments received, this tool makes tax deduction calculations simple and accurate. It handles various TDS scenarios including salary TDS, contractor payments, and other specified payments under different sections of the Income Tax Act.
Key Features
- Multiple TDS sections support (192, 194, 194C, etc.)
- Salary TDS calculation with full component breakdown
- Estimated tax calculation for planning purposes
- Standard deduction calculations
- Monthly TDS projection for salary
- Works for both regular and irregular payments
How to Use
- 1Select the type of payment (salary, contractor, rent, etc.)
- 2Enter the payment amount or gross salary details
- 3For salary: input basic, HRA, allowances, and deductions
- 4Select the applicable TDS section (Section 192, 194J, etc.)
- 5Enter PAN details if required
- 6The tool calculates estimated TDS amount
- 7View the detailed TDS breakdown
Benefits and Use Cases
- Accurate TDS calculations as per tax law
- Helps avoid penalties for wrong deductions
- Useful for employees to estimate monthly in-hand salary
- Saves time on manual tax computations
- Free access without any registration
- Quick estimates for financial planning
- HR departments calculating monthly salary TDS
- Employers deducting TDS on contractor payments
- Freelancers estimating TDS on their income
- Employees planning their tax savings
- Accountants verifying TDS computations
Frequently Asked Questions
TDS on salary is calculated based on income tax slabs. The employer calculates tax on estimated annual income and deducts monthly. Rates vary from 0% to 30% depending on income.