Calculate TDS
TDS Calculator
Our free TDS calculator helps you calculate tax deducted at source for most payment types including professional services, contractor payments, rent, commission, insurance, gaming winnings, and e-commerce transactions. Whether you need to calculate TDS on FD interest, or 194O TDS calculations, this tool covers all major TDS sections from 192 to 194T with automatic threshold checking, PAN validation, and recipient-specific rate adjustments for accurate tax compliance.
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TDS Calculator Results
Total TDS Deduction
Payment Breakdown
Step-by-Step Guide
How to use the TDS calculator?
Use our TDS calculator for accurate tax deducted at source calculations. Whether you need to calculate TDS on interest payments, or other payments, this tool handles most TDS sections and rates. Get precise TDS calculation on payments in 4 simple steps:
Select Recipient Type & PAN Status
Choose whether the payment recipient is an individual/HUF/sole proprietor or a business entity. Confirm PAN availability as this significantly affects TDS rates - typically 20% without PAN vs lower rates with PAN for most payment types.
Choose Nature of Payment
Select the appropriate payment category from our list including professional fees, rent, interest on FD, commission, contractor payments, and 194O TDS for e-commerce transactions. Each payment type has specific TDS sections and rates for accurate calculation of TDS deductions.
Enter Payment Amount
Input the gross payment amount before TDS deduction. Our TDS calculator will automatically compute the deduction of TDS on payments based on applicable rates, thresholds, and show you the net payable amount for accurate TDS calculation.
Get Instant TDS Results
View detailed TDS calculations including the deduction amount, applicable rate, net payment, and relevant Income Tax section. Perfect for payment processing with complete compliance information.
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Frequently asked questions
Visit our full FAQ page or get in touch with Frederic, Co-Founder of PayrollRabbit.
- A TDS calculator is a free online tool that helps you calculate tax deducted at source on various payments including interest, professional fees, and other income. Our TDS calculator determines the exact deduction amount based on payment type, recipient details, and applicable Income Tax sections for accurate tax planning and compliance.
- Yes, our TDS calculator is completely free to use. You can perform unlimited TDS calculations for interest payments, professional fees, and other income sources without any charges. Perfect for individuals, businesses, and tax professionals for accurate deduction of TDS on payments.
- TDS calculation depends on: Payment type and applicable section (192A for premature EPF withdrawal, 194A for interest, etc.), Recipient type (individual vs company), PAN availability (higher rates without PAN), and Payment amount. Formula: TDS = Payment Amount × Applicable TDS Rate%. Our calculator automatically applies the correct rates based on your inputs.
- TDS rates vary by payment type: Interest on FD/Bank deposits (194A): 10% with PAN, 20% without PAN, Professional fees (194J): 10% with PAN, 20% without PAN, Rent (194I): 10% with PAN, 20% without PAN, Commission (194H): 2% with PAN, 20% without PAN. Our TDS calculator automatically applies these rates.
- When PAN is not available, higher TDS rates apply as penalty: Most payments: 20% TDS rate instead of lower rates with PAN, Some payments like salary: Standard rates may apply, E-commerce (194O): 5% without PAN vs 0.1% with PAN. Our TDS calculator automatically adjusts rates based on PAN availability to ensure compliance.
- Section 194O TDS applies to e-commerce operators who must deduct TDS on payments to sellers. Rate: 0.1% with PAN, 5% without PAN. Threshold: Applicable when gross amount of sales/services through e-commerce platform exceeds ₹5 lakhs in a financial year. Our 194O TDS calculator helps e-commerce businesses ensure compliance with these requirements.
- Interest on late payment of TDS is calculated at 1.5% per month or part thereof when TDS is appropriately deducted but not paid to the government within specified due dates. Formula: Interest = TDS Amount × 1.5% × Number of months delayed. Interest is calculated from the due date for TDS payment to the date TDS is actually paid to government.
- Interest on late deduction of TDS is calculated at 1% per month or part thereof when TDS is not deducted on time. Formula: Interest = TDS Amount × 1% × Number of months delayed. Interest is calculated from the date TDS should have been deducted to the date it is actually deducted.
What is a TDS calculator?
Is the TDS calculator free to use?
How does the TDS calculation work?
What are the different TDS rates for various payments?
What happens if PAN is not available for TDS calculation?
What is Section 194O TDS and how is it calculated?
How to calculate interest on late payment of TDS?
How to calculate interest on late deduction of TDS?
Disclaimer: We have taken great care and gave our best effort to ensure the accuracy of the information provided by this TDS Calculator. However, PayrollRabbit does not accept responsibility for any errors or omissions and makes no guarantees or warranties regarding the correctness of the results generated by this free tool. By using this tool, you agree not to hold PayrollRabbit liable for any consequences, issues, or damages arising from any inaccuracies in the results produced. We recommend double-checking all results and contact us if you have any questions, feedback or concerns.