Tax & Compliance Calculators

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TDS Calculator (FY 2024-25)

Calculate Tax Deducted at Source with latest rates and thresholds

Updated October 2024: Latest TDS rates, thresholds, and new sections

📊

TDS Applicable

TDS: ₹10,000 at 10% rate

10%
TDS Rate
Threshold: ₹50,000Rate: 10%
Show Section Details

TDS Calculation

Section:194A
Gross Amount:1,00,000
Threshold:50,000
TDS Rate:10%
TDS Amount:10,000
Net Amount:90,000
Calculation:
₹1,00,000 × 10% = ₹10,000
Payee Status
PAN Available
resident

Payment Breakdown

Important Notes

  • Threshold: ₹50k for banks, ₹10k for others, ₹1L for senior citizens

Popular TDS Sections Rate Comparison

TDS rates for payees with PAN

✅ Recent Updates (Oct 2024)

  • 194H rate reduced from 5% to 2%
  • 194-IB rate reduced from 5% to 2%
  • 194A, 194K thresholds increased to ₹10k
  • 194D, 194G thresholds increased to ₹20k

📋 TDS Compliance

  • File TDS returns quarterly
  • Issue TDS certificates to payees
  • Deposit TDS within prescribed time limits
  • Higher rates apply without valid PAN

⚠️ Important Notes

  • This calculator provides estimates only
  • Actual rates may vary based on specific circumstances
  • Consult tax professional for complex cases
  • Late TDS deposit attracts interest and penalties