TDS Calculator - Calculate Monthly TDS on Salary
Calculate monthly TDS deducted from your salary. Know your take-home after tax deduction based on income, regime, and deductions.
Calculate TDS
Your total annual income
Choose your tax regime
PPF, ELSS, LIC, EPF etc. (Old regime only)
Health insurance, home loan interest etc. (Old regime only)
Monthly TDS
₹8,125
Annual Tax Liability
₹97,500
Taxable Income
₹14,25,000
Effective Tax Rate
6.50%
How to Use This TDS Calculator
Using our TDS Calculator is simple and takes just a few seconds. Enter your values using the sliders or input fields above, and the results will update instantly — no need to click a calculate button.
All calculations are performed in your browser using standard financial formulas. Your data is never stored or transmitted to any server, ensuring complete privacy.
The results shown are estimates based on the inputs you provide. For precise figures, consult with your bank or financial advisor. Use this tool for quick comparisons, planning, and understanding how different variables affect your financial outcomes.
Formula & Explanation
Monthly TDS = Annual Tax Liability / 12TDS on salary is calculated by estimating your annual tax liability based on projected income and declared deductions, then dividing by 12 for monthly deduction. Under new regime, standard deduction is ₹75,000. Under old regime, you can claim 80C (₹1.5L), 80D, HRA, and other deductions.
Calculation Examples
₹15L Income (New Regime)
₹15 Lakh annual income, new regime
Monthly TDS: ₹5,200 | Annual Tax: ₹62,400
₹15L Income (Old Regime)
₹15 Lakh with ₹2L deductions, old regime
Monthly TDS: ₹8,840 | Annual Tax: ₹1,06,080
Benefits
- Know monthly take-home
- Compare regime impact on TDS
- Plan investment declarations
- Avoid excess TDS deduction
- Budget monthly expenses
Use Cases
- Monthly salary planning
- Investment declaration
- Regime comparison
- Tax refund estimation
- CTC negotiation
About TDS Calculator
Our TDS Calculator helps salaried employees estimate the monthly Tax Deducted at Source from their salary. Compare TDS under old and new regime, factor in your 80C deductions, and understand how much tax your employer will deduct each month.
Frequently Asked Questions
Your employer estimates annual tax based on your income and investment declarations (Form 12BB), then deducts 1/12th each month. If you don't submit declarations, TDS is calculated without deductions, resulting in higher monthly deduction.
Yes, submit investment declarations at the start of the year and actual proofs by January-February. This includes 80C investments, rent receipts for HRA, home loan certificate, health insurance premium receipts, etc.
If more TDS is deducted than your actual tax liability, you can claim a refund by filing your Income Tax Return (ITR). The refund is typically processed within 1-3 months of filing.
Yes, TDS applies under both regimes. Under new regime, only standard deduction of ₹75,000 is allowed — no 80C, HRA, or other deductions. The lower slab rates may still result in lower TDS for many.