💼 TDS Salary under section 392 · other payments under section 393 — Tax Year 2026-27

TDS Calculator India 2026

✅ Last verified: June 2026 · Source: Official Government Sources

Calculate TDS on salary, FD interest, rent, professional fees and contractor payments. All major TDS sections covered.

💼 Select Payment Type & Enter Amount

Type of Payment

Annual Salary (₹)

Enter gross annual salary before any deductions

PAN Available?

Deductions (80C, HRA etc.) — Salary Only

Only for salary TDS (Section 392). For salary TDS. In the new regime, ordinary Chapter VI-A deductions are generally not available; choose the old regime if you need to model eligible old-regime deductions.

📋 TDS Calculation Result

TDS Amount

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Section—

Gross Amount—

TDS Rate Applied—

TDS Amount—

Net Amount (After TDS)—

Threshold Limit—

Tax Year 2026-27: Salary TDS is estimated using the central CalcuTools Tax Engine. The current salary-tax engine uses the verified AY 2026-27 slab/cess records as its calculation basis; this is an estimate and should not be treated as a complete replacement for payroll-specific Tax Year 2026-27 rules. From 1 April 2026, TDS provisions operate under the Income Tax Act, 2025. For non-salary payments, the applicable provision depends on the payment/credit date and the relevant table under section 393. The legacy section labels below are retained only as familiar references.

📋 TDS Rate Reference — Tax Year 2026-27

Section	Nature of Payment	Threshold	TDS Rate	No PAN Rate
192	Salary	Basic exemption limit	As per income slab	—
194A	FD / Bank Interest	₹40,000 (₹50,000 senior)	10%	20%
194C	Contractor payment	₹30,000 single / ₹1L annual	1% (individual) / 2% (company)	20%
194I	Rent (land/building)	₹2,40,000 per year	10%	20%
194I(a)	Rent (plant/machinery)	₹2,40,000 per year	2%	20%
194J	Professional fees	₹30,000 per year	10% (2% for technical)	20%
194H	Commission/Brokerage	₹15,000 per year	5%	20%
194B	Lottery / Game winnings	₹10,000	30%	30%
194M	Payment to contractors (individual)	₹50,00,000	5%	20%

TDS क्या होता है? (What is TDS?)

TDS (Tax Deducted at Source) — यह एक tax collection mechanism है जहाँ payer (जो payment दे रहा है) tax काट कर directly government को जमा करता है। बाकी amount payee को मिलती है।

Example: Bank आपको FD interest ₹1,00,000 देना है। TDS @ 10% = ₹10,000। आपको मिलेगा ₹90,000। Bank ने ₹10,000 आपकी तरफ से IT department को भेज दिया। यही TDS है।

TDS बचाने के तरीके (How to Avoid TDS)

Form 15G / 15H: If your total income is below taxable limit, submit Form 15G (below 60 yrs) or Form 15H (senior citizens) to your bank — zero TDS on FD interest.
Salary TDS: Declare all investments (80C, HRA, home loan) to HR at start of year — reduces TDS from salary.
Refund: If excess TDS deducted, file ITR and claim refund. Usually credited in 3-4 months.

Frequently Asked Questions

TDS on Salary Formula

TDS = Estimated annual tax ÷ 12 (monthly estimate)
Annual tax is estimated from the selected Tax Year 2026-27 regime, standard deduction and eligible declared deductions.
Employer adjusts TDS in Q4 based on actual proofs submitted.

Worked Example

Salary TDS is an estimate of the employee's projected annual tax liability divided across the remaining payroll months. Actual payroll withholding can differ because employers reconcile projected income, declarations, prior deductions and payroll timing.

What is TDS and how is it calculated?▼

TDS (Tax Deducted at Source) is tax deducted before income reaches you. Rates: Salary (section 392): based on the employee's estimated taxable salary and applicable tax regime; FD interest (194A): 10% if interest > ₹40,000/year; Rent (194I): 10% if > ₹50,000/month; Professional fees (194J): 10% if > ₹30,000/year.

How to get TDS refund?▼

If TDS deducted exceeds your actual tax liability, you get a refund by filing ITR. Example: employer deducted ₹50,000 TDS but your actual tax = ₹30,000 → refund of ₹20,000 after ITR filing. Refunds are processed within 20-45 days of ITR verification.

What is Form 26AS?▼

Form 26AS is your annual tax statement showing all TDS deducted on your behalf by employers, banks, tenants etc. Download from incometax.gov.in. Cross-check with Form 16 — they should match. Any mismatch must be resolved before filing ITR to avoid notices.