Compute TDS
Pick the nature of payment; the calculator applies the correct threshold test (single payment, annual aggregate, or per-month) before any rate.
Complete TDS rate chart — F.Y. 2026-27 ITA 2025 ↔ ITA 1961
Filter as you type. TCS (Section 394, old 206C) reference at the bottom.
Late deduction / late deposit interest
Convention of Sec 201(1A) of the 1961 Act as applied on TRACES — 1% per month or part for late deduction (from the date tax was deductible to the date of deduction) and 1.5% per month or part for late deposit (from the date of deduction to the date of deposit), counted by calendar months. The corresponding provision of the ITA 2025 applies to Tax Year 2026-27 defaults.
Common questions
What happened to Section 194C after the Income-tax Act 2025?
From 1 April 2026 the 194-series is consolidated: salary TDS under Section 392 and all other payments in the Section 393 table with payment codes. Rates and thresholds are unchanged — contractor payments remain 1%/2% with ₹30,000 single / ₹1,00,000 annual thresholds.
What is the TDS rate on rent for F.Y. 2026-27?
10% for land or building and 2% for plant and machinery, where rent exceeds ₹50,000 per month. Individuals not under tax audit paying rent above ₹50,000/month deduct 2% once a year under the erstwhile 194-IB route.
What is the interest for late deposit of TDS?
1% per month or part from the date tax was deductible to deduction, and 1.5% per month or part from deduction to deposit, counted by calendar months. The estimator tab computes it the way TRACES does.