Find the TDS (Tax Deducted at Source) amount held back from a payment.
The payer withholds a percentage of the payment and deposits it with the tax department on the payee's behalf.
TDS: Payment × TDS rate ÷ 100
Is TDS the same as GST?
No. TDS is a way of holding back income tax from payments like rent, professional fees, or interest. It has nothing to do with GST, which is a tax on the sale of goods and services.
What TDS rate applies to my payment?
It depends on the type of payment — salary, rent, professional fees, contractor payments, and so on — under the Income-tax Act. Check the section that applies to your case.