Monthly TDS employer will deduct. The TDS on Salary Calculator takes annual salary, other income reported to the employer, deductions declared (old regime only), tax regime, months remaining in the year and returns monthly tds plus total tax for the year, taxable income. Results update as you type, and the formula is shown under the result so you can repeat it in your own spreadsheet.
Indian tax rules change with each Finance Act and GST Council meeting. The rates here follow the current published rules, but confirm the figures on the official portals or with a chartered accountant before filing or invoicing. Use the worked example below to check the maths against your own figures.
How the TDS on Salary Calculator works
Employers estimate the year's tax from your declared regime and deductions and deduct it in equal monthly instalments. Declaring investments early avoids a large deduction in the final months.
Worked example
With the example values (annual salary of ₹1,200,000, other income reported to the employer of ₹0, deductions declared (old regime only) of ₹0, tax regime "New regime", months remaining in the year of 12), the monthly tds is ₹0.00; total tax for the year ₹0.00, taxable income ₹1,125,000.00. Change any figure above and the result updates immediately; use Copy results to paste the summary into a note or email.
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Frequently Asked Questions
How is monthly tds calculated?
annual tax = slab tax on (salary + other income − standard deduction − deductions) + 4% cess; monthly TDS = annual tax ÷ months remaining.
Which figures do I need?
Annual salary, other income reported to the employer, deductions declared (old regime only), tax regime, months remaining in the year. Take them from the same period and the same set of accounts or reports so the ratio is consistent, and check the example values as a guide to the units expected.
Are the rates current?
The calculator uses the rates and rules published for the current financial year and shows them under the result. Rates change with each Budget and GST Council decision, so verify on the official portal before filing.
