Not sure how much TDS to deduct?
Use the Sperso Filings TDS Calculator for quick and accurate tax estimates—simple, fast, and hassle-free!
TDS is a tax system where a portion of income is deducted at the time of payment by the payer. It helps in early tax collection at the source of income.
Common TDS Scenarios:
Why TDS Matters:
Key Sections:
A TDS Calculator helps you compute the tax to be deducted from payments like salary, interest, rent, or fees. It auto-applies current tax rules and saves time while reducing manual errors.
The calculator uses your income details, tax slabs, and deductions to estimate how much tax needs to be deducted at source.
Inputs Needed:
Steps:
Scenario:
Net Taxable Income:
₹6,00,000 - ₹1,20,000 - ₹1,50,000 = ₹3,30,000
Based on this, TDS is calculated as per applicable slab. The calculator shows monthly deduction instantly.
TDS on salary depends on your total annual income, exemptions (like HRA), and deductions (like 80C). Use our calculator to get an accurate monthly TDS.
You must pay interest at 1% per month for late deduction and 1.5% per month for late deposit, under Section 201.
No, interest paid on late TDS deposit is not allowed as a tax deduction.
You can claim a refund when filing your Income Tax Return (ITR). The excess will be refunded by the Income Tax Department.
Yes, if you are paying or receiving rent over ₹50,000/month, TDS under Section 194IB (for individuals) or 194I (for businesses) applies.
A: Yes, enter details for each income source separately to calculate combined TDS.
A: Check Form 26AS. If TDS isn’t reflected, inform your employer. You can also report it to the Income Tax Department.