TDS Calculator Guide: Understanding Tax Deducted at Source 2026

Tax Deducted at Source (TDS) is the government's way of collecting tax as you earn. Whether it's your employer deducting tax from your salary or your bank deducting it from your FD interest, understanding these rates helps you manage your cash flow and file for refunds accurately.

Common TDS Rates

• Salary: As per slab rates (192A).

• Interest on FDs: 10% if PAN provided; 20% otherwise.

• Professional Fees: 10% or 2% depending on the section.

• Rent (HNI): 5% or 10% for high-value rentals.

Form 26AS & AIS

Always check your Form 26AS and Annual Information Statement (AIS) to ensure the TDS deducted from you is actually deposited with the government. This is crucial for claiming credit during your tax return filing.

Conclusion: TDS is not a final tax but a prepayment. Use our calculator to see if too much or too little is being deducted from your income.