TDS Calculator
TDS Calculation Result
⚠️ TDS applies only when payment exceeds the threshold limit. Surcharge may apply for certain payments. This is indicative — consult a CA or our legal team for precise TDS compliance. TDS must be deposited by the 7th of the following month (or March 31st for March deductions).
TDS Rates Quick Reference — FY 2025-26
| Section | Nature of Payment | Threshold | TDS Rate |
|---|---|---|---|
| 192 | Salary | Basic exemption limit | As per slab rates |
| 194A | Interest (Bank FD) | Rs. 40,000 (Rs. 50,000 senior citizens) | 10% |
| 194A | Interest (Others) | Rs. 5,000 | 10% |
| 194C | Contractor Payment | Rs. 30,000 (single) / Rs. 1,00,000 (aggregate) | 1% (individual) / 2% (companies) |
| 194H | Commission / Brokerage | Rs. 15,000 | 5% |
| 194I | Rent — Building/Land | Rs. 2,40,000 per year | 10% |
| 194I | Rent — Plant/Machinery | Rs. 2,40,000 per year | 2% |
| 194J | Professional / Technical Fees | Rs. 30,000 | 10% (professional) / 2% (technical) |
| 194IA | Purchase of Property | Rs. 50,00,000 | 1% |
| 194B | Lottery / Prizes | Rs. 10,000 | 30% |
Frequently Asked Questions
Failure to deduct TDS attracts interest at 1% per month from the date TDS was deductible to the date of actual deduction. Failure to deposit deducted TDS attracts interest at 1.5% per month. Additionally, a penalty under Section 271C equal to the amount of TDS not deducted can be levied. The deductor's expenditure claim for that payment may also be disallowed under Section 40(a)(ia) of the Income Tax Act.
Form 15G is a declaration by individuals (below 60 years) and HUFs that their total income does not exceed the taxable limit, allowing payers (banks, etc.) to not deduct TDS. Form 15H is the same for senior citizens (60+). These forms must be submitted at the beginning of each financial year or before the first interest payment. Providing false information in these forms attracts prosecution under Section 277 of the Income Tax Act.
Yes — SG Law India provides TDS return filing services (Forms 24Q, 26Q, 27Q, 27EQ) for businesses and employers in Pondicherry. We ensure accurate deduction, timely deposit, and correct filing of TDS returns quarterly. We also assist with TDS compliance reviews, rectification of TDS mismatches, and representation before the Income Tax Department for TDS-related matters.
TDS Filing & Compliance in Pondicherry
SG Law India handles TDS deduction, deposit, and quarterly return filing for businesses in Pondicherry.