Estimate Tax Deducted at Source on your salary, or on interest earned from fixed deposits and savings.
On salary: your employer estimates your annual tax liability based on your declared regime and investment declarations, then deducts roughly 1/12th of it from your salary each month.
On FD/interest (Section 194A): banks deduct TDS if your total interest income from that bank exceeds the threshold in a financial year.
| Case | TDS Rate |
|---|---|
| PAN provided, interest above threshold | 10% |
| PAN not provided | 20% |
Actual TDS depends on declarations made to your employer/bank and can vary. This does not cover TDS on rent, professional fees, or other sections. Verify with your employer, bank, or a CA.