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TDS Guide · FY 2025-26 (AY 2026-27)

TDS on Salary —
Section 192, Average Rate

There is no flat TDS rate on salary. Your employer deducts tax each month at your average rate of income tax on estimated annual income — under the default new regime unless you opt for the old one. Here is exactly how it is worked out, plus Form 16 and due dates.

Updated for FY 2025-26 CA Reviewed Salaried Employee Guide
Sec 192Salary TDS
Avg. rateNo flat %
Rs 75kStd deduction (new)
15 JunForm 16 due
Quick Answer

TDS on salary has no fixed rate. Under Section 192 your employer estimates your total income for the year, computes the tax on it, and deducts that tax in equal monthly instalments — i.e. at your average rate of income tax (total estimated tax ÷ total estimated income). The new tax regime is the default; the employer uses it unless you intimate that you want the old regime. Proof of deduction is issued in Form 16 by 15 June after the year ends.

Section 192
Rate Average
Regime New (default)
Proof Form 16
Section 192 → renumbered Section 392 under the Income-tax Act, 2025

Salary TDS currently sits in Section 192 of the Income-tax Act, 1961. The Income-tax Act, 2025 renumbers it as Section 392 — the deduction mechanics (average rate, Form 16, quarterly returns) are unchanged. Most employers and payroll systems still reference "Section 192". Confirm the applicable section for the exact payroll period with your employer.

The mechanism

How Employers Deduct TDS on Salary

Every employer paying taxable salary must deduct tax at source under Section 192. Unlike TDS on rent or professional fees (a flat 2%/10%), salary TDS is computed on your projected annual tax and spread across the months. What the employer factors in:

StepWhat the employer doesEffect on TDS
Estimate incomeAdds salary, perquisites, and any other income you declareSets the base
Apply deductionsStandard deduction; Chapter VI-A (80C, 80D…) only if you pick the old regimeReduces taxable income
Compute taxApplies slab rates, 87A rebate, surcharge and 4% cessAnnual tax liability
Average it outDivides annual tax by remaining months in the yearMonthly TDS
Deposit & certifyPays to Government by the 7th of next month; issues Form 16Compliance

You can submit Form 12BB with proof of investments and rent to reduce the monthly deduction. Declaring the regime early avoids excess TDS.

New regime is applied by default

From FY 2023-24 the new tax regime is the default for salary TDS. If you want the old regime (to claim HRA, 80C, 80D, home-loan interest etc.), you must intimate your employer at the start of the year. If you do not, the employer deducts under the new regime and you can still switch when filing your ITR (if you have no business income).

Which regime

New vs Old Regime — Impact on Salary TDS

The regime you choose changes the deductions the employer can factor in, and therefore your monthly TDS. See the income-tax slabs for the exact rates.

New

New regime (default)

  • Standard deduction Rs 75,000
  • 87A rebate up to Rs 12L taxable income — nil tax
  • Lower slab rates (nil up to Rs 4L)
  • HRA / 80C / 80D not available
  • Best when you have few deductions
vs
Old

Old regime (opt-in)

  • Standard deduction Rs 50,000
  • 87A rebate up to Rs 5L taxable income
  • HRA, LTA, 80C, 80D, 24(b) all allowed
  • Higher slab rates
  • Best when deductions are large

Under the new regime, a salaried person with income up to about Rs 12.75 lakh (Rs 12L + Rs 75k standard deduction) can pay nil tax after the 87A rebate — so the employer may deduct little or no TDS. Confirm the current-year rebate and slab figures on the income-tax portal before relying on them.

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Step by step

How Salary TDS Is Calculated

Gross salaryBasic + DA + HRA + allowances + perks
Less deductionsStd deduction; VI-A if old regime
Apply slabsSlab tax − 87A rebate
Add cess4% Health & Education Cess
Divide by monthsMonthly TDS = annual tax ÷ months

A simplified illustration for a new-regime employee. Figures are indicative — always compute against the current-year slabs.

New regime · gross Rs 12,00,000

Standard deductionRs 75,000
Taxable incomeRs 11,25,000
Tax after 87A rebateRs 0
Annual TDSRs 0

New regime · gross Rs 18,00,000

Standard deductionRs 75,000
Taxable incomeRs 17,25,000
Tax + 4% cess (approx.)Rs 1,79,400
Monthly TDS ÷12Rs 14,950
Excess or short TDS is squared up in your ITR

The employer only estimates. If too much TDS was cut (you invested more, or income dropped), you claim a refund by filing your ITR. If too little was cut, the balance is paid as self-assessment tax. TDS deducted from salary does not remove your duty to file a return if your income crosses the basic exemption limit.

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Your certificate

Form 16 — What It Is and When You Get It

Form 16 is the TDS certificate your employer issues as proof of salary TDS deducted and deposited. It has two parts:

  • Part A — TDS deducted and deposited each quarter, generated from the TRACES portal (bears a TRACES watermark and unique ID).
  • Part B — the detailed computation: salary break-up, exemptions, deductions and tax payable.

The employer must issue Form 16 by 15 June after the financial year ends — so for FY 2025-26, by 15 June 2026. Use it to file your return. Learn more in our Form 16 guide.

Compliance calendar

Salary TDS — Deposit & Return Due Dates

ActivityForm / periodDue date
Deposit TDS to GovernmentMonthly (Apr–Feb)7th of next month
Deposit TDS — March salaryMarch30 April
Quarterly TDS return (Q1 Apr–Jun)Form 24Q31 July
Quarterly TDS return (Q2 Jul–Sep)Form 24Q31 October
Quarterly TDS return (Q3 Oct–Dec)Form 24Q31 January
Quarterly TDS return (Q4 Jan–Mar)Form 24Q31 May
Issue Form 16 to employeeAnnual15 June

Form 24Q is the salary-TDS quarterly return (renumbered forms may apply under the Income-tax Act, 2025 — verify for the exact period). Late deposit attracts interest under Section 201(1A); late return attracts a fee under Section 234E.

  • Choose regime and intimate employer early
  • Submit Form 12BB with investment & rent proof
  • Check Form 26AS / AIS against your payslips
  • Collect Form 16 (Part A + Part B) by 15 June
  • Reconcile TDS credit before filing ITR
  • Claim any refund of excess TDS in your return

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Government sourcesSection 192 & Form 16: incometax.gov.in · TDS credit (Form 26AS / TRACES): tdscpc.gov.in · New regime slabs & 87A rebate FY 2025-26: Finance Act 2025 · Income-tax Act, 2025 — Section 192 renumbered as Section 392
People also ask

TDS on Salary — Frequently Asked Questions

Basics
What is the TDS rate on salary?
There is no flat TDS rate on salary. Under Section 192, tax is deducted at your average rate of income tax — your estimated annual tax divided by your estimated total income, expressed as a percentage. The employer applies this average rate each month, so the rate differs from person to person depending on income, regime and declared deductions.
Under which section is TDS on salary deducted?
Salary TDS is deducted under Section 192 of the Income-tax Act, 1961. The Income-tax Act, 2025 renumbers this as Section 392, but the deduction mechanism — average rate, Form 16 and quarterly Form 24Q returns — stays the same. Most payroll systems and employers still refer to it as Section 192.
How is TDS on salary calculated?
The employer estimates your gross annual salary, subtracts the standard deduction (Rs 75,000 new / Rs 50,000 old) and any Chapter VI-A deductions you declare (old regime only), applies the slab rates, allows the 87A rebate, adds 4% cess, and divides the resulting annual tax by the number of remaining months in the year. That monthly figure is your TDS.
Does TDS on salary follow the new or old tax regime?
By default, the new tax regime. From FY 2023-24 onwards, the employer deducts salary TDS under the new regime unless you intimate that you want the old regime at the start of the year. If you have no business income you can still switch regime when you file your ITR, regardless of what the employer used.
Regime & Rates
How does the new regime affect my salary TDS?
The new regime gives a higher standard deduction of Rs 75,000 and an 87A rebate up to Rs 12 lakh of taxable income (making tax nil up to about Rs 12.75 lakh gross for the salaried), but disallows HRA, 80C, 80D and most other deductions. So if your salary is modest, TDS under the new regime may be low or zero even without any investment declaration.
Can I opt for the old regime for salary TDS?
Yes. Intimate your employer at the start of the financial year that you want the old regime. The employer will then factor in your declared deductions (HRA, 80C, 80D, home-loan interest under 24(b), etc.) via Form 12BB when computing your TDS. If you do not intimate, the new regime is applied by default.
Do I pay TDS on salary if my income is below the exemption limit?
No. If your estimated total income is below the basic exemption limit — or your tax is nil after the 87A rebate — no tax is payable and the employer should not deduct TDS. Declare your deductions and regime accurately so the employer arrives at the correct nil position.
Form 16
What is Form 16 and when is it issued?
Form 16 is the TDS certificate your employer issues as proof of salary TDS deducted and deposited. Part A (from TRACES) shows the tax deducted and deposited each quarter; Part B shows the salary computation and tax payable. It must be issued by 15 June following the financial year — for FY 2025-26, by 15 June 2026.
Can I file my ITR without Form 16?
Yes. Form 16 makes filing easier, but you can file using your payslips, Form 26AS and the Annual Information Statement (AIS), which reflect the TDS credited against your PAN. Always reconcile the TDS shown in Form 26AS/AIS with your Form 16 before filing to avoid mismatches.
Refunds & Filing
What happens if excess TDS is deducted from my salary?
You claim it back by filing your Income Tax Return. If the total TDS deducted exceeds your actual tax liability — for example because you invested more than declared, or changed jobs — the excess is refunded to your bank account after the return is processed by the Income Tax Department.
Do I still need to file ITR if TDS is already deducted?
Yes, if your gross total income exceeds the basic exemption limit. TDS deduction does not replace the return. Filing lets you report all income, claim any refund of excess TDS, and stay compliant. Even where tax is nil after rebate, filing is advisable to claim refunds and maintain records.
Employer duties
By when must an employer deposit salary TDS to the Government?
By the 7th of the following month for April to February deductions. TDS deducted on March salary can be deposited by 30 April. Late deposit attracts interest under Section 201(1A). Employers also file a quarterly TDS return in Form 24Q for salary.
What return does an employer file for salary TDS?
Form 24Q — the quarterly TDS statement for salaries. Due dates are 31 July (Q1), 31 October (Q2), 31 January (Q3) and 31 May (Q4). The Q4 return also carries the annual salary and deduction details used to generate Form 16 Part B. Late filing attracts a fee under Section 234E.
Can I reduce my monthly salary TDS legally?
Yes — submit Form 12BB to your employer with proof of eligible deductions (under the old regime): HRA rent receipts, 80C investments, 80D health premium, home-loan interest, etc. The employer then reduces your taxable income and your monthly TDS accordingly. Under the new regime, only the standard deduction and a few items apply.
Where can I see the TDS my employer deducted?
In Form 26AS and the Annual Information Statement (AIS) on the income-tax portal, and in Form 16 Part A generated from TRACES. These should match. If your employer deducted TDS but it is not reflecting in Form 26AS, follow up — you can only claim credit for TDS that appears against your PAN.
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