TDS Calculator India 2026
Compute Tax Deducted at Source on salary, FD interest, professional fees, rent, and commission. Covers all sections — 192, 194A, 194J, 194I, 194IB, 194H — including the 206AA (no PAN) and 206AB (non-filer) penalties.
What income are you receiving?
10% TDS on FD interest above ₹40,000/year (₹50,000 for seniors). 20% if PAN not provided.
TDS applies: Amount ₹1,00,000 exceeds threshold of ₹40,000. ₹10,000 will be deducted by the payer and deposited with the IT department against your PAN. Claim it as TDS credit in your ITR.
Form 15G (under 60) or Form 15H (60+ seniors): submit to your bank at the start of the financial year. The bank will not deduct TDS even if FD interest exceeds the threshold. Only valid if your total annual income is below the basic exemption limit.
📋 Key TDS rules to know
- •No PAN = 20% TDS under Section 206AA (instead of normal 10%/5%) — always share PAN with payer
- •Non-filers of ITR: additional TDS at 5% under Section 206AB (verify status with bank)
- •TDS is deducted at point of payment/credit, whichever is earlier
- •You can claim refund if total TDS > your actual tax liability — file ITR to get it back
- •Form 26AS / AIS shows all TDS deducted against your PAN — verify before filing ITR
- •TDS certificates: Form 16 (salary), 16A (other than salary), 16B (property), 16C (rent)
📊 TDS rate quick reference
| Section | Income type | Threshold | Rate |
|---|---|---|---|
| 192 | Salary | Slab-based | As per slab |
| 194A | FD/RD interest | ₹40,000/yr (₹50k seniors) | 10% |
| 194J | Professional fees | ₹30,000/yr | 10% |
| 194I | Rent (commercial) | ₹2.4L/yr | 10% (plant/machinery 2%) |
| 194IB | Rent (individual tenant) | ₹50,000/month | 5% |
| 194H | Commission/brokerage | ₹15,000/yr | 5% |
| 194Q | Goods purchase (B2B) | ₹50L/yr | 0.1% |
| 194O | E-commerce | — | 1% |
| 206AA | No PAN given | — | 20% |
| 206AB | Non-filer of ITR | — | 5% extra |
TDS FAQ
What is TDS and how does it work?
Tax Deducted at Source (TDS) is income tax deducted by the payer (employer, bank, tenant, etc.) before paying you. The deducted amount is deposited with the IT department against your PAN. You claim it back as TDS credit when filing ITR. TDS is essentially the government's way of collecting tax in advance throughout the year.
How can I avoid TDS on FD interest?
Submit Form 15G (under 60) or Form 15H (60+ seniors) to your bank at the start of the financial year — but only if your total annual income is below the basic exemption limit. The bank will then not deduct TDS even if FD interest exceeds the threshold. Submitting these forms wrongly is a punishable offence (Sec 277).
What happens if I don't have a PAN?
Section 206AA mandates 20% TDS instead of the normal 10%/5% rate. Always provide PAN to your bank, employer, tenant, or anyone paying you. If you have an Aadhaar but no PAN, you can request a PAN online in minutes — costs ₹107 and takes 10 days to receive.
I'm a non-filer. Why am I being charged extra TDS?
Section 206AB: If you haven't filed ITR for the past 2 years AND your TDS+TCS exceeded ₹50,000, payers must deduct TDS at higher of (a) 5%, (b) twice the prescribed rate, or (c) twice 5%. This was introduced to push non-filers into compliance. File your pending ITRs to get this removed.
How do I check TDS deducted against my PAN?
Two ways: (1) Form 26AS — go to incometax.gov.in → e-File → View Form 26AS → AY → Download. Shows all TDS by payer, date, and section. (2) Annual Information Statement (AIS) — newer, more comprehensive. Always verify before filing ITR to catch missing entries or wrong PAN.