TDS Calculator
FY 2026-27 RatesCalculate Tax Deducted at Source on salary, interest, rent, professional fees, and contractor payments. Covers all major TDS sections with accurate thresholds.
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Threshold: ₹40,000
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TDS Summary
TDS Rates FY 2026-27
| Section | Threshold | Rate |
|---|---|---|
192 Salary | N/A | Slab |
194A Interest (other than on securities) | ₹40,000 | 10% |
194B Lottery/Gambling Winnings | ₹10,000 | 30% |
194C Contractor Payments | ₹30,000 | 1% |
194D Insurance Commission | ₹15,000 | 5% |
194H Commission/Brokerage | ₹15,000 | 5% |
194I_land Rent - Land/Building/Furniture | ₹2,40,000 | 10% |
194I_plant Rent - Plant & Machinery | ₹2,40,000 | 2% |
194J Professional/Technical Fees | ₹30,000 | 10% |
194N Cash Withdrawal | ₹1,00,00,000 | 2% |
194Q Purchase of Goods | ₹50,00,000 | 0.1% |
194LA Compensation for Compulsory Acquisition | ₹2,50,000 | 10% |
What is TDS?
Tax Deducted at Source (TDS) is a mechanism where income tax is collected at the source of income. Instead of waiting for the end of the financial year, the government collects taxes in advance from various sources like salary, interest, rent, and professional fees.
The deductor (person making payment) deducts TDS at prescribed rates and deposits it with the government. The deductee (person receiving payment) gets credit for this TDS against their total tax liability.
Important Points About TDS
PAN Requirement
Without PAN, TDS is deducted at a higher rate of 20% or the applicable rate, whichever is higher. Always provide PAN to avoid excess deduction.
Form 15G/15H
If your total income is below taxable limit, submit Form 15G (below 60) or Form 15H (senior citizens) to avoid TDS on interest income.
TDS Credit
TDS deducted is reflected in Form 26AS and can be claimed as credit while filing your Income Tax Return.
TDS Refund
If TDS deducted exceeds your actual tax liability, you can claim a refund by filing your ITR.