Free TDS Calculator Online
Estimate TDS deduction amounts and understand applicable TDS rates for business payments, salary, rent, and professional fees.
💼 TDS Calculator
How to Use This TDS Calculator
Select the payment type (TDS section), enter the payment amount, verify the TDS rate (auto-filled but editable), and click Calculate. The result shows the TDS deduction amount and the net amount payable to the recipient.
Who Should Use This Tool?
- Business owners deducting TDS on vendor payments
- HR/payroll teams computing TDS on employee salaries
- Accountants and finance teams reconciling TDS liability
- Freelancers and contractors estimating net income after TDS
Need Expert Help After Using This Tool?
Fingrade connects you with Finclick & Co. for GST, tax, accounting, and business compliance support.
📞 +91 70167 11141 | ✉️ [email protected]
Frequently Asked Questions — TDS
What is TDS and when must it be deducted?
TDS (Tax Deducted at Source) is a tax collected at the point of payment. A payer must deduct TDS when making specific payments (salary, rent, professional fees, contractor payments) above threshold limits specified under the Income Tax Act.
When is TDS deposited to the government?
TDS deducted must be deposited to the government by the 7th of the following month (for most payments). TDS on March payments is due by April 30. TDS returns (24Q, 26Q) are filed quarterly.
What is the TDS threshold for professional fees?
Under Section 194J, TDS at 10% is deducted on professional fees exceeding ₹30,000 in a financial year per payee. Technical services attract 2% TDS.
What happens if TDS is not deducted or deposited?
Failure to deduct or deposit TDS can result in interest at 1-1.5% per month, penalties, and disallowance of the expense in the payer’s income tax return. It is important to comply with TDS obligations on time.
