TDS Calculator
Calculate Tax Deducted at Source on your income
Income Details
Your total annual income before any deductions
Total deductions under various sections
About TDS
- TDS (Tax Deducted at Source) is deducted by the payer when making payments
- Different TDS rates apply to different types of income
- You can claim credit for TDS when filing your income tax return
- TDS is deducted based on your estimated tax liability
TDS Calculation
Total Income
Taxable Income
Tax Liability
TDS Deduction
Tax Breakdown
Income Tax Slabs for FY 2023-24
Below 60 Years
- Up to ₹2,50,000 Nil
- ₹2,50,001 to ₹5,00,000 5%
- ₹5,00,001 to ₹10,00,000 20%
- Above ₹10,00,000 30%
60-80 Years
- Up to ₹3,00,000 Nil
- ₹3,00,001 to ₹5,00,000 5%
- ₹5,00,001 to ₹10,00,000 20%
- Above ₹10,00,000 30%
Above 80 Years
- Up to ₹5,00,000 Nil
- ₹5,00,001 to ₹10,00,000 20%
- Above ₹10,00,000 30%
Frequently Asked Questions
What is TDS?
TDS (Tax Deducted at Source) is a means of collecting income tax in India, where the payer deducts tax when making payments like salary, commission, rent, etc., and deposits it with the government.
How is TDS calculated on salary?
TDS on salary is calculated based on the estimated annual income after considering deductions and exemptions. The average rate of tax is applied to the monthly salary to determine monthly TDS.
Can I avoid TDS deduction?
If your total income is below the taxable limit, you can submit Form 15G/15H to avoid TDS deduction. Otherwise, TDS will be deducted as per the applicable tax rates.
How can I claim TDS refund?
If excess TDS has been deducted, you can claim a refund by filing your income tax return. The refund will be processed by the Income Tax Department after verification.
📊 TDS Calculator
Easily calculate Tax Deducted at Source (TDS) on income based on the applicable rate.
