TDS Interest Calculator Online
Total TDS Interest:
₹0.00
Frequently Asked Questions (FAQs) on TDS Interest Calculator Online
1. What is TDS Interest?
TDS (Tax Deducted at Source) Interest is the penalty interest charged when there is a delay in depositing the TDS amount to the government.
2. How is TDS interest calculated?
TDS interest is calculated based on the rate of interest and the number of days the TDS payment is delayed.
3. What is the interest rate for delayed TDS payment?
The interest rate is generally 1% per month or part of the month for the delay period.
4. When is TDS paid?
TDS must be paid to the government within a specified period after the deduction, usually by the 7th of the following month.
5. What if I don’t pay TDS on time?
Failure to pay TDS on time will result in penalties, including interest charges.
6. Can I calculate TDS interest for multiple months?
Yes, our calculator can handle TDS interest calculation for any delay period, including multiple months.
7. How do I know if my TDS is delayed?
If the TDS payment is not made within the prescribed due dates, it is considered delayed.
8. Can I pay TDS online?
Yes, TDS payments can be made online through the official government portal.
9. What is the maximum delay period for TDS payment?
There is no maximum delay period, but the penalty increases with the duration of the delay.
10. Can I use the TDS calculator for any type of TDS?
Yes, the calculator can be used for any TDS type, including salary, interest, and professional fees.