India · TDS · Tax Year 2026-27

Contractor / Professional TDS Calculator India 2026

Estimate TDS on an Individual/HUF payment to a contractor or professional for Tax Year 2026-27 with an editable applicable rate.

Income-tax Act, 2025Form 141 planningMethod & assumptions ↓

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Enter your values and calculate to see the result.

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How this calculator works

For Tax Year 2026-27, qualifying PAN-based payments by an Individual/HUF to contractors or professionals are reported through Form 141 Schedule C under section 393(1) of the Income-tax Act, 2025. The applicable rate is deliberately editable because the official Form 141 FAQ says there is no single prescribed rate for Form 141; it depends on the nature of payment and other facts.

2026 reporting note

Form 141 is the consolidated challan-cum-statement introduced under the Income-tax Act, 2025 for specified PAN-based TDS transactions. It replaces the earlier separate 26QB, 26QC, 26QD and 26QE workflow for transactions in the new tax-year framework. Older-year payments can still follow the earlier forms where the portal specifies them.

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How to use this calculator

  1. Set Amount liable for TDS (default 250000).
  2. Set Applicable TDS rate (default 2).
  3. Select Calculate to update the result. Reset restores the starting values.

Planning estimate only. Confirm applicability, current rate, PAN/residential status, certificates and transaction facts on the Income Tax e-Filing portal before deduction or payment.

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