Calculate TDS : FY 2020-21 (AY 2021-22)

Name: TDS Calculator
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TDS (Tax Deduction at Source) Calculators for

Payments 'Other than Salary and Wages during Financial Year 2019-20 (AY 2020-21) to Resident / Non-resident Individual, Firm / Co-operative and Corporate payees under various sections of Income Tax Act. The calculator includes Surcharge and Health & Education Cess as per applicable rates in case of Non-resident payee and also takes into account Marginal Relief available in Surcharge. The Calculator uses new reduced TDS rates, effective from 14th May 2020 for calculation of TDS for resident payees.
Payment of 'Salary and Wage' during Financial Year 2019-20 (AY 2020-21) to Resident / Non-resident Individuals. The calculator takes into account Marginal Relief available in Surcharge in cases where income for the year exceeds ₹ 50 lacs / 1 crore / 2 crores / 5 crores.

Status of Payee
Whether Payee's PAN Number available?

Select Section / Nature of Payment :

Select Nature of Payment under Section 195:

Amount of Payment

TDS Rate ( % )
TDS
Surcharge
Health & Education Cess
Total TDS deductible
TDS is deductible if amount exceed

Updated : May 16,2020

Whether Opted Section 115BAC
Select Status
Salary / Wages for the month
Income from Salary / Wages for the Year
Income from Salary / Wages the Year - Standard Deduction
Add : Other Taxable Income (if any) (like Interest, Rent from House Property etc.)
Less : Eligible deductions under Chapter VI u/s 80CCD(2)
Less : Eligible deductions under Chapter VI u/s 80C, 80D, 80DD, 80E, 80G, 80GG, 24 etc.

Total Taxable Income for the year
Income Tax on total taxable income
Less: Relief u/s 87A
Net Income Tax
Surcharge
Education Cess
Total Tax Liability for the year
Monthly TDS