TDS Calculator
Free TDS calculator for salary, rent, professional fees & contractors
10% on professional, 2% on technical services. Threshold ₹30,000 per FY.
- TDS to deduct
- ₹ 10,000
- TDS rate
- 10%
- Net payment
- ₹ 90,000
Frequently asked questions
What is TDS in India?
TDS (Tax Deducted at Source) is income tax deducted by the payer at the time of making certain payments — salary, professional fees, rent, contractor payments, commission, etc. The deducted amount is deposited with the government and credited to the deductee's PAN.
What is the TDS rate on professional fees (194J)?
TDS u/s 194J is 10% on professional services (lawyers, doctors, consultants, accountants) and 2% on technical services. Threshold is ₹30,000 per financial year per deductee.
What if PAN is not provided?
Under Section 206AA, if the deductee does not furnish PAN, TDS is deducted at the higher of: prescribed rate, 20%, or rates in force. So always insist on PAN before paying.
When should TDS be deposited?
TDS must be deposited by the 7th of the following month (30 April for March deductions). Quarterly TDS returns (Form 26Q/24Q) must be filed by the end of the next month.
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