TDS Calculator

Tax deducted at source works section by section. Each section sets its own rate and its own threshold, and the threshold behaves as a floor rather than an exemption: once a payment crosses it, tax is deducted on the whole amount and not only on the part above it.

Thresholds generally apply to the aggregate paid to one party during the financial year, so a series of small payments can cross the limit even where no single payment does. The running total for each party is what matters.

Where the deductee has not furnished a PAN, the Act requires deduction at the higher rate it prescribes. That also denies the deductee credit for the tax, which is why validating a PAN before the first payment is worth the time it takes.

This calculator applies the rate and threshold you enter. It does not hold a rate table, because rates and thresholds change by notification: check the current figure for the section before deducting.