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How can we deduct TDS for Razorpay charges
How can we deduct TDS for Razorpay charges
Aditya Morarka avatar
Written by Aditya Morarka
Updated over a week ago

TDS is not required on Razorpay charges unless the annual amount being paid is more than Rs 30,000. If the amount is more, and you do want to deduct TDS, then the process depends on whether you're using XPayroll for filing your 26Q returns or not (under Settings > TDS Filing Setup).

If XPayroll is not filing your 26Q returns

You will have to pay the TDS separately, and share the TDS certificate (Form 16A) with us on our support email (xpayroll@razorpay.com). We will verify this TDS amount and then credit this amount to your XPayroll/bank account.

If XPayroll is filing your 26Q returns

The only way to pay TDS in this case will be to switch to an annual plan, in which you will make a contractor payment to Razorpay from within XPayroll, and we will deduct and pay the TDS automatically on your behalf.

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