TDS Rate Chart & Calculator
Tax Year 2026-27 (AY 2027-28)
Complete section-wise TDS rates under the Income Tax Act, 2025 — mapped from old sections (192–194T) to new Sections 392 & 393. Includes all rate changes, raised thresholds, and the new Section 194T for partners.
Partner Remuneration from Firm / LLP
TDS at 10% on salary, bonus, commission, and interest paid by a firm or LLP to its partners exceeding ₹20,000/year. Newly introduced — no equivalent existed in the old Act.
Rent by Individual / HUF (Not liable to audit)
Rate reduced from 5% → 2%. Significant relief for individual landlords and tenants paying rent above ₹50,000/month.
Life Insurance Policy Maturity Proceeds
Rate reduced from 5% → 2%, applied only on the taxable income component of maturity proceeds, not the full amount.
E-Commerce Participant Sales
Rate slashed from 1% → 0.1%. Major relief for sellers on Amazon, Flipkart, and other online platforms.
Senior Citizen Bank Interest Threshold
TDS-free interest limit for senior citizens doubled: ₹50,000 → ₹1,00,000 for bank and post office deposits.
Commission / Brokerage / Insurance Threshold
Threshold raised from ₹15,000 → ₹20,000 across commission/brokerage (194H), insurance commission (194D), and lottery ticket commission (194G).
Compulsory Acquisition of Property
Threshold doubled from ₹2.5L → ₹5L. Relief for landowners receiving compensation through government compulsory acquisition.
Higher TDS for Non-ITR Filers
Higher TDS/TCS rates applicable to non-ITR filers have been removed, reducing the compliance verification burden on deductors entirely.
TCS on Sale of Goods by Seller
TCS on sale of goods removed to eliminate double deduction overlap with buyer-side TDS on purchases, which continues under Sec 393 Tbl-1(8)(ii) (old Sec 194Q).
Calculate TDS Instantly
Select payment type under the new Act (Sec 392/393) and enter amount for complete TDS breakdown.
| New Section (Act 2025) |
Old Sec (Act 1961) |
Nature of Payment | Threshold | TDS Rate | Status |
|---|
📅 TDS Due Dates (Rule 218)
- Government deductors: same day (challan)
- Others: 7th of following month
- Tax Year March payments: 30th April
- Quarterly return filing: within 15–31 days of quarter end
📋 New Form Numbers (IT Rules, 2026)
- Form 16 → Form 130 (Annual TDS cert — salary)
- Form 16A → Form 131 (TDS cert — non-salary)
- Form 27D → Form 133 (TCS certificate)
- Form 24Q → Form 138 (Salary TDS return)
- Forms 15G & 15H → merged into Form 121
⚠️ Penalties
- Late deduction interest: 1%/month (from date due to date deducted)
- Late deposit interest: 1.5%/month (from deduction to deposit)
- Late return filing: ₹200/day (up to TDS amount)
- Non-/incorrect filing: ₹10K–₹1L penalty
🔢 TAN Still Mandatory
Every deductor (except Individuals/HUF not subject to audit, unless covered under Sec 392 or specific provisions) must hold a valid TAN. TDS returns are filed against TAN. Quote the new section numbers (392/393) from TY 2026-27.
📄 Lower / Nil Deduction (Automated)
The lower/nil deduction certificate process is being automated under the new Act. Certificates may be granted without manual officer intervention where predefined eligibility criteria are met — significantly reducing processing time for high-volume filers.
📌 CBDT Circulars Now Binding
Section 400(2) of the Income Tax Act, 2025 makes CBDT guidelines on TDS (including those on perquisites and virtual digital assets) binding on both tax authorities and deductors. These can no longer be treated as merely advisory.
🌐 Non-Residents — Sec 206CC
Non-resident payees must furnish their Tax Identification Number (TIN) or PAN. Failure attracts higher TDS at 5% or applicable rate, whichever is higher. For NRI property sellers, the buyer now uses PAN (not TAN) to remit TDS under the new Act.
🔗 PAN–Aadhaar Linking
Inoperative PANs (not linked to Aadhaar) are treated as non-furnished for TDS purposes — triggering 20% deduction under Sec 206AA. Ensure your payees have active, linked PANs to avoid excess deductions and refund disputes.
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