Calculate GST amounts, Tax Deducted at Source (TDS), and final payment instantly. Handle GST inclusive/exclusive calculations with automatic TDS deduction. Perfect for businesses, freelancers, and accountants managing Indian tax calculations.
Enter your invoice details below to calculate TDS deduction and final payment amount
Common questions about TDS calculation and GST in India
TDS (Tax Deducted at Source) is a method of collecting income tax where tax is deducted at the time of payment. It's applicable on various payments like professional fees, rent, commission, etc., when they exceed specified thresholds.
TDS is always calculated on the base amount excluding GST. If your invoice is GST inclusive, we first calculate the base amount by removing GST, then apply TDS rate on that base amount.
Common TDS rates include: 1% for advertising, 2% for professional fees, 5% for contractor payments, 10% for professional services, and 20% for commission payments. Rates may vary based on specific circumstances.
This calculator provides accurate calculations based on standard Indian tax rules. However, specific business scenarios may have different requirements. Always consult a tax professional for complex situations.