இப்படி முதலீடு செய்தால் 9.85 லட்சம் வருவாய் வரை வரி இல்லை | Income Tax Savings | வருமான வரி சேமிப்பு
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- čas přidán 2. 01. 2021
- This video explains various methods in which you can save income tax in India. It explains the deductions under Sections 80C, 80CCD, Sec 80D, 80DDB, 80E, Sec 24, 80EE, 80EEA
Section 80 details: • Section-80Cஇல் 14 வழிக...
Complete details on 80C: • Section-80Cஇல் 14 வழிக...
EPF in Tamil: • Employee Provident Fun...
PPF in Tamil: • Public Provident Fund ...
NPS in Tamil: • NPS is Tamil | Nationa...
ULIP/LIC & money back plans: • What is ULIP and Guara...
ELSS: • ELSS - Equity Linked S...
Sukanya Samriddhi Yogana: • Sukanya Samriddhi Yoja...
Comparison of 80C: • Section 80C Comparis...
Watch our income tax series - Calculation, old vs new tax regime, HRA, Income tax savings, Section 80C and more: • HOW TO CALCULATE INCOM...
Watch Sharemarket for beginners series: • Basics of Share Market...
Subscribe to our channel: / @thinkingtamizha007
Watch our income tax series - Calculation, old vs new tax regime, HRA, Income tax savings, Section 80C and more: • HOW TO CALCULATE INCOM...
Watch Sharemarket for beginners series: • Basics of Share Market...
Subscribe to our channel: / @thinkingtamizha007
Income tax return filing 2020-21 online made easy | Tamil | Income tax online | e-Filing | ITR: • இப்படி முதலீடு செய்தால...
HOW TO CALCULATE INCOME TAX STEP BY STEP | IN TAMIL | வருமான வரி கணக்கிடுவது எப்படி ? AY 2020-21
• HOW TO CALCULATE INCOM...
Watch our income tax series - Calculation, old vs new tax regime, HRA, Income tax savings, Section 80C and more: czcams.com/video/wtriages-KQ/video.html
Subscribe to our channel: czcams.com/channels/KRoPe88rn7xeal8ubZ0tFw.html
Subscribe to our channel for more such videos
czcams.com/channels/KRoPe88rn7xeal8ubZ0tFw.html
Thank you for sharing the knowledge on this, it is very useful . clearly explained
Very very clear explanation...Well done ✅ Keep it up.
awesome explaination...can you please make a video for 2nd home loan buyer tax saving calculation?
Useful at this apprpriate time
Thanks for these videos
Very Useful info brother. Tnx!
Clear cut explanation. Thankyou bro
Its so clearly explained.
Great Explanation 👍
Very informative brother
Detailed explanation
Super explanation 👏👏..
I have one doubt can I use hra in excemption and home loan in deduction.
I am confusing could you please answer my question.
Hi bro . veedu kattitu irukken. Wood vangum pothu GST 25000 potanga. Antha amounta it calculate pannum pothu deduct panna mudiyuma? Entha section la pannarathu please reply
you could have told the actual tax liability vs possible tax savings and the remaining tax amount to be paid as tds. for those two examples.
First home buyer and property under construction. Registration done on April 21 and Emi started and running till date and possession handover will be may 2022, what is the exemption can be claimed.pls explain in comment ,thanks
Very nice sir
Thank you bro
Thanks a lot. Awesome explanation... HRA exemption missing?
HRA comes under exemption, not deduction. We have a separate video on HRA - czcams.com/video/bzGiwXaSMSk/video.html
Super explanation.
1. Sec 80C - 1.5Lakh
2. Sec 80CCD(1) - 1.5L / 10% of Basic+DA
3. Sec 80CCD(1B) - 50K
4. Sec 80CCD(2) - 10% of Basic+DA Employer contribution
My doubt is
My 10% of Basic+DA = 5000
I invest 1.5 L in PPF under 80C
Can I get excempt of 1000 directly under 80CCD(1B) or 80CCD(2) without considering 80CCD(1).
Or above order matters?
Yes.. you can claim under 80c + 80ccd. Refer to article below.
m.economictimes.com/wealth/tax/how-to-save-tax-via-nps-by-investing-rs-50000-additionally/articleshow/81209654.cms
About past office RD and term deposits.how much exemption?
I invested Rs.1lac in tax saver bond..I issued cqe in the last week of Mar.21.but unfortunately due to continous bank holidays,the purchase dt.of bond falls on 5th Apr 21..can I claim this as my investment for the FY 20-21
Amazon eapudi zero tax pay pandranga itha pathi video podunga
Very good and elaborate discussion.Pl clarify whether deduction can be claimed for cash gift upto Rs 50000/ which is not taxable
Thanks for the kind words
1) Gifts in India are considered income from other sources and it is taxed
2) Gifts are exempted from income-tax if the total gift amount in the year is
Parents enaku parambarai veedu ah enoda name ku change pananga. Ipo nan veedu kattuna first time home buyer la varuvena ilaya? Please clear my doubt
Bro , shall we claim both sec 24 home loan interest + HRA rent in the same city
How to calculate home loan take jointly by husband and wife?
thanks sir
I want to more videos sir
Thank you so much to share your valuable time sir.my doubt is in section 80GGC you are saying the deduction will be no limit, which means what particular amount I had donated will be deducted fully.Is that right or wrong? kindly leave your explanation
Super sir
Sir I'm ur new subscriber....thanks for nice explain....please tell about 11lakhs net salary for tax saving...we are in rented house only..
1) You need to calculate your actual HRA exemption basis least of 3 rule - czcams.com/video/bzGiwXaSMSk/video.html
2) Apply Deductions and calculate net taxable salary and calculate basis slabs - czcams.com/video/wtriages-KQ/video.html
Sir Need more details about 80 EE
Hi i watched your video and get the idea about income tax very well but small confusion about 80 ccd 1b and 80 CCD 1. I used 1.5 lakhs in 80c with different schemes like FD, LIC and SSY so i can use 80CCD1B for NPS to avail the extra 50k exemption from income tax ?
Yes, correct. Watch the following videos for more clarity
Section 80C all details - czcams.com/video/EYTM3JpaKPU/video.html
NPS - czcams.com/video/RVC2jZXwsdQ/video.html
@@thinkingtamizha007 yeah already watched tht two video bro. Thank you for your reply and also in one cmt u shared NPS news article regarding extra examption tht also read pannitean. Tq
மூத்த குடிமக்களுக்கு எந்த எந்த வகையில் வருமான வரி குறையும்
வருமானம் ரூபாய் ஐந்து லட்சம் ஏழரை லட்சம் பத்து லட்சம் என்று மூன்று வகையில் சொல்லவும்
Sema bro
Is it possible to show NPS under both 80C and 80CCD
Yes
Bro cess pathi video podunga
NPS SCHEME la gpf persin join panna mudiyuma
Game aadi vara amount ku tax kattanuma?
Hi bro. I have taken personal loan for house improvements. Due to some reason I can’t able get home loan. Is it eligible to file tax declaration for personal loan?
Hi sir, for my mother in law suffering from breast cancer I am financially support for medical treatment can I claim under 80DDB ? PLEASE TELL ME SIR
There are some conditions bro. Full details theriadhu. Consult some CA please.
Need detailed info on 80TTA, 80 TTB
We ll try in our income tax series
Hi Sir,
Well explained . I have one query .can we use parents in law mediclaim for deduction.
No Madam. Only parents as far as I know. You can consult your office payroll for better understanding
@@thinkingtamizha007 ok sir thank u
can we claim both 80DD AND 80DDB section OR any one
My saving PPF 1.5 L + NPS .5L total 2L
Sir epdi tax amount claim panrathuu??
House rent allowance and housing loan both whether we can able to show in tax filing
At same time
Yes, if you have house loan and you are staying on rent
@@thinkingtamizha007 thanks bro
If company provides health insurance for me means, can I claim that amount in 80D?
If the premium is deducted from your taxable income, then you can claim. In these cases, company will automatically consider this is form 16.
But mostly companies provide health insurance on top of taxable income as a additional benefit. if this is the case, then you cannot claim.
Oru government job la irukura employee age 60 above,, ivaroda son or daughter ku some amount adhaavadhu 10laks amount ah fixed deposits la pottaal,ivarum tax pannanum,,adhea pola ivanga son or daughter mea tax pay pannanumaa
Parents avanga children ku kudukura money is considered gift, but it is exempted from income tax on the hands of the children. But, the parents should have paid applicable income-tax when they earned that money. For example Mr.A earns 10 Lakh rupees in 2019 and gives it to his son in 2021. Here Mr.A has to pay income tax for his earnings in 2019. His son need not pay income tax for the 10 lakh rupees he received from his father in 2021(But declare that in ITR and get exemption). But if the son earns interest on 10 lakh, the interest component is taxable.
Bro sec 80c la LIC and Sukanya samrithi rendume fill panalaama???
Yes and there 14 ways to invest in 80c. Watch this video, it gives answers to all ur questions on 80c - czcams.com/video/EYTM3JpaKPU/video.html
Naan veli naatil irukken naan en wife ku enga irunthu panam anuppuren adhukku tax kattanuma?
Sound kammiya irukku
Above 60age irukura oru government employee, pension ah 50k per month ku vangunaal,tax pay pannanumaa,,
Senior citizen enbadhaala,ivangaluku edhavadhu tax relaxation irukumaa
Yes, Pension is taxable as per tax slabs. The only thing is for senior citizens, there is no income tax up to 3 lakhs of net taxable income (for others it is 2.5 lakhs). In your case, as monthly pension is Rs 50K, total income from pension will be Rs 6 lakh, so it is taxed unless you have other tax saving deductions
@@thinkingtamizha007 thanks
What are all different tax saving deposit under sec 80c. Where to deposit
Can i help sir.. Insurance is gud
@@vinocutefamilies5459 I am also looking for insurance help me out as well
@@venkatasridharp6410 contact plz sir...
How can i contact you... Bez text is not much better..
I send some amount to my parents Can I claim it from itr1
Super Anna
4 lakhs irundhalum 5 percent tax pay pannanumaa illa exact 5lakh irundhaa 5 percent tax pay pannanumaa
Only after 5 lakhs you need to pay 20%
czcams.com/video/KZYjrTw0dW8/video.html
This video will explain towards the end
Hi bro...
If 10 lac salary person
Have a 5.2 lac salary expectations
His taxable income 4.8
But 87A is applicable for him?
No tax or need to pay?
czcams.com/video/gNjd7q03Z5Q/video.html - This video will help you understand
Bro, stocks la investment panrathu lam tax exemption la Varuma?
Yes. Taxable
@@thinkingtamizha007 bro, atha pathi konjam detail la solluga plss
@@arunharan1480 Investing in stocks will not give you any tax deduction. Do you have any specific questions?
Company medical insurance claim panalama.
If premimum is deducted and paid from taxable salary, you can..
Mutual fund and FD la invest pana 80C la claim panalama sir??
Your regular FD or mutual fund will not be eligible for 80C deduction. You have to go for Tax saving FDs (usually it has minimum lock-in period of 5 years) only. And only ELSS (Equity Linked Savings Scheme) mutual funds will be eligible for deduction.
@@thinkingtamizha007 Thank you sir.. How can I check if a mutual fund scheme belongs to ELSS? Some of the schemes like Motilal Oswal s&p 500 index fund direct-g, nippon india pharma, , are showing as Equity in their portfolio.. If I invest in these am I eligible? Pls correct me if I'm wrong..
@@girishsign007 No Sir. You have to specifically ask the Asset Management Company if it is a particular Mutual fund comes under ELSS scheme. ELSS schemes generally have 3 year lock-in period. I have given below links to some web pages that indicates some ELSS funds. You need to carefully choose according to your risk requirement.
www.paisabazaar.com/mutual-funds/best-elss-funds-for-saving-tax/
groww.in/p/equity-funds/elss-mutual-funds/
cleartax.in/s/best-elss-mutual-funds
Sir can i help... I am sbi life employee sir... 80c also covered
I don't understand at last in 20L salery - Tax saving 1,45,000 and appo 4,85,000 eannatha... Puriyala.. earachum solluga..
20L la 4,85,000 sub pannanuma or 1,45,000 sub pannanuma.. appo 20L ku eavuloo tax varum
For that you need to understand how income tax is calculated. There is a difference between deduction from taxable income and actual tax saving. Watch this video on income tax calculation czcams.com/video/wtriages-KQ/video.html.
@@thinkingtamizha007 okay sir, Thanks Got it. Next year financial year kuda poduga sir 2022 - 2023
Interest income 40k for individual is it correct
I dont understand your question
Bro plz make how to make income tax return
Its there already here. Income tax return filing 2020-21 online made easy | Tamil | Income tax online | e-Filing | ITR
czcams.com/video/rWU1hAOGCwI/video.html
@@thinkingtamizha007 now only i am seeing bro tq
Personal loan ku exemption iruka
No exemption for personal loan
Sir. FD kku tax exemption irukka??
Tax saving deposits ku mattum undu.
Okay bro.. Tq
Vangura 7000 sambalathula idhalam thevai thaana 🙄
Kandipa thevai bro!! Its for future
Max 1.5 lakh nu soldringale. Every year 1.5 lakh ah or whole loan intrest la 1.5 lakh ah ?
Every year
@@thinkingtamizha007 thanks for ur valuable reply
In the last table you have typed as NET TAXABLE INCOME . It should be typed as TOTAL INCOME. After deducting saving amount from TOTAL INCOME, remaining amount is called Taxable Income . SO, 1000000-485000=515000. For this amount only tax is calculated.
Correct!! It was a typo!!
Even I got confused here. Thank you for clarifying.
For the above example, the tax is calculated only for Rs.515000(1000000-485000)
So, 20% of Rs.515000 is Rs.103000 right?
HRA pathi sollavae illa 😪
We did not say anything about HRA in this video because HRA is not tax saving. It is an exemption because you incur an expense(which is house rent) which is similar to LTA. Know more about HRA in this video - czcams.com/video/bzGiwXaSMSk/video.html
@@thinkingtamizha007 thanks
Sec 80TTA and donation to political party we need to submit the proofs?
Yearly 10 crore la earn panra business man ku Evlo tax bro
It also follows same rules. Surcharge will be applicable. But generally such business men register their business as separate entity and take money as salary. 10 cr ku approx 4 cr tax varalam
@@thinkingtamizha007 one question bro. Ithey business man. Tax pay panraru but avar earn panna
Amount full ahh ilegal business panna amount andha amont ahh full ahh vanguangala illa IT department business panravanga epdi earn pannalum tax pay panna vittuduvanga sollungha bro.
I dont know about these.
Most wrong information data,
bro oru doubt....video la finally neenga sonnadhu konjam kozhapudhu...
1000000 taxable amount na.... income tax calculation (1000000-485000= 515000 mattum tax pay pannanuma) or neenga sonna maari tax slab calculation pottu (1000000-97000=903000 mattum tax pay pannanuma.....