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TDS stands for Tax Deducted at Source, a means of collecting income tax in India. The TDS Calculator helps in determining the amount of tax that would be deducted at source from various income types, including salary, interest, rent, and more, depending on the applicable TDS rate. The rule of TDS is: If the gross payment to the party during the financial year exceeds ₹5,000, TDS will be applicable at 10%. If PAN is not available, TDS will be applicable at a higher rate.