What does the TDS Calculator do?
The TDS Calculator computes the Tax Deducted at Source on your salary for FY 2026-27 under both the new and old tax regimes, and shows the monthly deduction schedule your employer would follow. It accounts for deductions such as 80C, 80D, and HRA so you can see exactly how much tax is withheld from each month's salary.
Common uses
- Salary planning — know your monthly take-home by seeing how much TDS your employer withholds each month
- Regime selection — compare TDS under the new and old regimes to pick the one that leaves more in your pocket
- Deduction check — verify how 80C, 80D, and HRA reduce your taxable salary and lower your monthly deduction
- Form-16 reconciliation — cross-check the TDS figure the calculator gives against the amount on your Form-16
Key features
- New vs old regime — computes salary TDS under both regimes so you can choose the cheaper option
- Monthly TDS schedule — breaks the annual tax into a month-by-month deduction plan for salary
- 80C/80D/HRA deductions — factors in the common deductions that reduce your taxable salary
How it works
Enter your gross salary and your eligible deductions (80C investments, 80D health insurance, HRA exemption, and standard deduction). The tool computes taxable salary for FY 2026-27 under both regimes, applies the applicable slab rates, and divides the annual tax into a monthly TDS schedule. You can compare the new regime's lower rates against the old regime's extra deductions and see which yields a lower monthly deduction.
Verdict
The TDS Calculator turns your salary and deductions into a clear FY 2026-27 tax figure with a monthly TDS schedule under both regimes — free, private, and instant.