TDS calculator and rate chart for FY 2026-27.
Pick the payment, the payee and their PAN status to see whether TDS applies, how much to deduct and when to deposit it. The rate chart lists every rate and threshold with the old section number and its new place in the Income-tax Act, 2025.
Work out the TDS on a payment
Before GST, when GST is shown separately on the invoice.
Same payee, since 1 April, under this head.
Only if the payee gave you a certificate (Form 128, old Form 13).
TDS to deduct
₹0
Enter the amount of the payment.
Section: 393(1) Table Sl. 6(i), Income-tax Act 2025 (old section 194C). Rate 1% individual / HUF · 2% others; threshold ₹30,000 a payment or ₹1,00,000 in the year.
Who deducts: Government, companies, firms, trusts, co-operative societies and other entities, and individuals and HUFs whose turnover last year was above ₹1 crore (business) or ₹50 lakh (profession).
From 1 April 2026, supplying manpower under your supervision is 'work' at these rates, not a professional fee. No TDS for a transporter owning 10 or fewer goods carriages who gives a declaration with PAN.
TDS rate chart, FY 2026-27
Payments to residents from 1 April 2026, with the old section number and its place in the Income-tax Act, 2025. Rates and thresholds are the same as in FY 2025-26.
| Payment | Old section | Income-tax Act 2025 | Threshold | Rate |
|---|---|---|---|---|
| Contractors and professionals | ||||
| Payments to contractors and sub-contractors (including manpower supply)From 1 April 2026, supplying manpower under your supervision is 'work' at these rates, not a professional fee. No TDS for a transporter owning 10 or fewer goods carriages who gives a declaration with PAN. | 194C | 393(1) Table Sl. 6(i) | ₹30,000 a payment or ₹1,00,000 in the year | 1% individual / HUF · 2% others |
| Professional fees | 194J | 393(1) Table Sl. 6(iii)(a) | ₹50,000 in the year | 10% |
| Fees for technical services | 194J | 393(1) Table Sl. 6(iii)(b) | ₹50,000 in the year | 2% |
| Payments to a call centre | 194J | 393(1) Table Sl. 6(iii) | ₹50,000 in the year | 2% |
| Royalty for sale, distribution or exhibition of films | 194J | 393(1) Table Sl. 6(iii)(d) | ₹50,000 in the year | 2% |
| Royalty (other) | 194J | 393(1) Table Sl. 6(iii)(d) | ₹50,000 in the year | 10% |
| Non-compete fees and similar sums | 194J | 393(1) Table Sl. 6(iii)(e) | ₹50,000 in the year | 10% |
| Director's fees and commission (not salary) | 194J | 393(1) Table Sl. 6(iii)(c) | No threshold | 10% |
| Commission | ||||
| Commission or brokerage (not insurance commission) | 194H | 393(1) Table Sl. 1(ii) | ₹20,000 in the year | 2% |
| Insurance commission10% when the agent is a domestic company, 2% otherwise. | 194D | 393(1) Table Sl. 1(i) | ₹20,000 in the year | 10% company · 2% others |
| Commission on sale of lottery tickets | 194G | 393(3) Table Sl. 4 | ₹20,000 in the year | 2% |
| Rent | ||||
| Rent of land, building, furniture or fittings | 194-I(b) | 393(1) Table Sl. 2(ii)(b) | ₹50,000 for a month or part of a month | 10% |
| Rent of plant, machinery or equipment | 194-I(a) | 393(1) Table Sl. 2(ii)(a) | ₹50,000 for a month or part of a month | 2% |
| Property | ||||
| Purchase of immovable property (other than agricultural land)1% of the consideration or the stamp duty value, whichever is higher; enter the higher of the two. The buyer deducts it, any buyer: no TAN needed. | 194-IA | 393(1) Table Sl. 3(i) | Consideration or stamp duty value of ₹50 lakh or more | 1% |
| Cash paid under a joint development agreement | 194-IC | 393(1) Table Sl. 3(ii) | No threshold | 10% |
| Compensation on compulsory acquisition of immovable property | 194LA | 393(1) Table Sl. 3(iii) | ₹5,00,000 in the year | 10% |
| Goods and e-commerce | ||||
| Purchase of goodsNot where another TDS or TCS provision applies to the same purchase. | 194Q | 393(1) Table Sl. 8(ii) | On purchases from a seller above ₹50 lakh in the year (only the part above) | 0.1% |
| E-commerce operator paying a seller (e-commerce participant)On the gross amount of sales or services through the platform. | 194-O | 393(1) Table Sl. 8(v) | No threshold, except an individual or HUF seller with sales up to ₹5 lakh who gave PAN or Aadhaar | 0.1% |
| Interest and dividends | ||||
| Interest from a bank, co-operative bank or post officeNo TDS when the depositor gives a Form 121 declaration (old 15G/15H). | 194A | 393(1) Table Sl. 5(ii) | ₹50,000 in the year (₹1,00,000 for senior citizens) | 10% |
| Interest from a bank, co-operative bank or post office to a senior citizenNo TDS when the depositor gives a Form 121 declaration (old 15H). | 194A | 393(1) Table Sl. 5(ii) | ₹1,00,000 in the year | 10% |
| Interest other than on securities (paid by others) | 194A | 393(1) Table Sl. 5(iii) | ₹10,000 in the year | 10% |
| Interest on securities | 193 | 393(1) Table Sl. 5(i) | ₹10,000 in the year | 10% |
| Dividends | 194 | 393(1) Table Sl. 7 | No threshold, except up to ₹10,000 in the year to an individual paid other than in cash | 10% |
| Income from mutual fund units | 194K | 393(1) Table Sl. 4(i) | ₹10,000 in the year (not on capital gains) | 10% |
| Income from business trusts, investment funds and securitisation trusts | 194LBA / 194LBB / 194LBC | 393(1) Table Sl. 4(ii)-(iv) | No threshold | 10% |
| Cash withdrawals from a bank, co-operative bank or post officeDeducted by the bank. Whether it is on the amount above ₹1 crore or on all of it is read differently by practitioners; the bank's TDS certificate shows what it deducted. | 194N | 393(3) Table Sl. 5 | Above ₹1 crore in the year (₹3 crore for co-operative societies) | 2% |
| Partners, perquisites and other payments | ||||
| Salary, remuneration, commission, bonus or interest paid by a firm to a partner | 194T | 393(3) Table Sl. 7 | ₹20,000 in the year | 10% |
| Benefits or perquisites of a business or profession | 194R | 393(1) Table Sl. 8(iv) | ₹20,000 in the year (value of the benefit) | 10% |
| Life insurance payout (taxable part)On the income part of the payout. | 194DA | 393(1) Table Sl. 8(i) | ₹1,00,000 in the year | 2% |
| Transfer of virtual digital assets | 194S | 393(1) Table Sl. 8(vi) | ₹10,000 in the year (₹50,000 if the payer is an individual or HUF below the audit limits) | 1% |
| Payments from the National Savings Scheme | 194EE | 393(3) Table Sl. 6 | ₹2,500 in the year (not to heirs) | 10% |
| Payments by individuals and HUFs | ||||
| Rent paid by an individual or HUF not covered by the audit limitsDeducted once, from the rent for the last month of the year or of the tenancy. Without the landlord's PAN, the TDS can't be more than that month's rent. | 194-IB | 393(1) Table Sl. 2(i) | ₹50,000 for a month or part of a month | 2% |
| Contract work, professional fees or commission paid by an individual or HUF not covered by the audit limits | 194M | 393(1) Table Sl. 6(ii) | ₹50 lakh in the year | 2% |
| Winnings | ||||
| Lottery, crossword puzzle, card game or other game winnings | 194B | 393(3) Table Sl. 1 | Above ₹10,000 a transaction | 30% |
| Online game winnings | 194BA | 393(3) Table Sl. 2 | No threshold: on net winnings at withdrawal and at the year end | 30% |
| Horse race winnings | 194BB | 393(3) Table Sl. 3 | Above ₹10,000 a transaction | 30% |
| Salary and EPF | ||||
| Salary | 192 | 392(1) | Basic exemption limit | Slab rates (average rate on estimated salary) |
| Withdrawal from EPF (taxable) | 192A | 392(7) | ₹50,000 or more | 10% |
- No PAN or inoperative PAN (not linked with Aadhaar): the higher of the rate above and 20%, or 5% for purchase of goods and e-commerce (section 397(2)(b), old 206AA).
- No surcharge or cess is added to TDS on payments to residents, except on salary. The higher rate for non-filers (old 206AB) was removed from 1 April 2025.
- Amounts paid or credited before 1 April 2026 stay under the Income-tax Act, 1961.
Interest on late TDS
Section 398(3) (old 201(1A)): 1% a month for deducting late, 1.5% a month for depositing late. A part of a month counts as a full month.
The date the payment was made or credited, whichever was first.
Enter the TDS amount and the three dates to see the interest.
Questions about this tool
What changed for TDS on 1 April 2026?
The Income-tax Act, 2025 replaced the 1961 Act. TDS on payments other than salary is now in one section, 393, as tables (393(1) for residents, 393(3) for payments to any person), and salary is section 392. The Finance Act, 2026 kept the rates and thresholds of FY 2025-26. Forms were renumbered too: the quarterly statement is Form 140 (old 26Q) or 138 (old 24Q), and TDS certificates are Form 131 (old 16A) and 130 (old Form 16).
Is TDS worked out on the amount with GST?
No, when the GST is shown separately on the invoice: TDS is on the amount without GST. When GST isn't shown separately, it is on the whole amount.
When do I deduct TDS: on payment or on booking the invoice?
When the amount is credited to the payee's account in your books or when it is paid, whichever is first. Most businesses deduct when they book the invoice.
What if the payee has no PAN, or their PAN is inoperative?
TDS is at the higher of the normal rate and 20% (5% for purchase of goods and e-commerce payments), under section 397(2)(b), old 206AA. A PAN not linked with Aadhaar is inoperative and treated as no PAN. A lower-deduction certificate is not issued without a PAN.
When is TDS deposited, and when are returns due?
By the 7th of the next month; for March, by 30 April. Rent by individuals (old 194-IB), property purchase (old 194-IA) and payments under old 194M are deposited with Form 141 within 30 days of the end of the month. Quarterly statements are due on 31 July, 31 October, 31 January and 31 May.
What does late TDS cost?
Interest of 1% a month from when TDS should have been deducted to when it was, and 1.5% a month from deduction to deposit, each part of a month counted as a month (section 398(3)). A late statement costs ₹200 a day up to the TDS amount (section 427), and not deducting at all can mean a penalty equal to the TDS (section 448) and the expense being disallowed.
Is this tax advice?
No. The calculator applies the rates and thresholds to what you enter. Whether a payment is a contract, a professional fee or technical services, and cases such as lower-deduction certificates or payments to non-residents, need your tax adviser's judgement.
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