❗#Tax2Win is a fraud company. I had purchased standard plan to file ITR, provided all documents and details to them as they had asked but they have not filed my ITR yet. Today it is 29th December 2020 and last day to file ITR is 31st December 2020. They are not responding to calls or tickets raised on their portal. #labourlawadvisor @labour_law_advisor request you to help me in this.
Mandeep sir.. Apka video to aate hi like kr deta hu mai.. Coz we all trust you.. And apke videos genuinely good information provide karti hai.. Gr8 work team LLA 😊👍
1. EPF Contribution - (EEE) Exempt on 80C, no tax on interest, no tax on final withdrawal amount 2. Home Loan : Principal amount is exempted under 80C, 3. Home Registration Charge - tax exempted on Stamp duty, registration charges 4. Tuition Fee - upto 2 kids per parent, exempted only tuition fee. 5. Life Insurance Policy - Premium amount is exempted, condition - premium amount should be less then 10% of sum assured. 6. NPS (national pension scheme) : it is EEE, 1.5 Lakh on {80CCD(1)}, 50K additional exempt on {80 CCD (1B)}, Lock in period 60 years, when maturity you can only withdrawal 60% of your money. 7. ELSS (Mutual Fund) : High return scheme, taxable when maturity, small lock in period (3 years.) 8. Sukanya Samridhi Yojana : It is EEE, around 8% yearly, lock in period 21 years 9. PPF : It is EEE, around 8% yearly, lock in period 15 years Less preferred 10. 5 Years FD 11. Post office saving account 12. National saving certificate
Thanks! Watching your video feels good, kab 15 minute nikal jaata hai pata nahi chalta, very less stressful unlike other finance videos on CZcams. And, enjoying the in-between punchlines too. :D Keep it up! - Bell Button Subscriber.
100% without doubt. The very best not only explained & covered in detail but put forth in very clear & fluent manner which can be undetstood by even a layman. Objection or just to find a fault is that he was speaking a bit fast. But anyone can listen again & again to catch anything which one has missed. Thanks for the nice video.
Thanks for the very informative video. You have covered every aspect to the point and explained it in a very lucid manner. Hope other you tube video makers learn from you the art of communication & making video covering all imp aspects related to the topic in question in a very precise manner without leaving any doubt in the minds of the viewer & sticking to the topic & not indulging in unnecessary comments.
Bro, you are correct with the deduction regarding 80c 80ccd, and 80d but the issue is to get the refund we have to invest our money, and to invest we need the money which gets deducted through TDS before we receive the in-hand salary. Now in such a case, we need to declare our investment in companies HR portal but along with that we also have to provide proof. Many of us think that we shall invest our money once we receive the Bonus and the company provides the bonus during March which is again subject to TDS to the extent. Now to invest you
Sir Aap Tax saving itne ache options dete ho, ki double profit hoga kisi ka bhi, koi bat nahi shadi ab tak hui nahi tho, koi bhi tax saving ki video dekhar, ek kya do ladkiya bhi shadi k liye tayar hongi, Aur bolnegi isko laga dala tho life zinga lala.... 😂 Aise hi ache video banate raho best of luck 👍🏻
Very informative video sir, I really like it but i want to ask a one question that, As you said starting of the video that if your income is 10 Lakhs and by way of section 80C investments your taxable income is come to Rs 5 Lakhs. The maximum deduction in Section 80C is only Rs 150000 and NPS it become 200000 and not more than this. Hence i just confirm my doubt that whether my doubt is right or wrong From Aakash Birje
all this fall under chapter VI A of IT Act so if your income is 10 lakh the you are liable to tax of the amount after all This deduction at max 2 lakh or you can add additional claim of 25k via 80D
ELSS is like shifting the 1.5L taxable amount to 3 years after. As after 3 years you will face the same problem as the amount will be added to your income and one more thing if the total withdrawal amount is taxable then the extra amount which is accumulated because of interest rates over the years also gets taxed so what's the point ?? I am not sure if what I am saying is correct, some plz correct me if I am wrong ?
he made a mistake there, the whole amount is not taxable, just the returns. for example, in 3 years you invested 1.5L per year = 4.5L total, and generated a profit of 2L, then during withdrawal, the respective capital gain will be applicable on 2L
80ccd 2, employer contribution ....point to be noted that the gross income takes this part. First you add it then deduct it ..what is whole exercise for.
Sir NPS servent agar 80c mai 200000 ki saving karta hai to ky 50000 ki saving 80ccd 1 B mai dekha sakta hai ? jab ki uska 50000 ka saving 80ccb 1b mai huwa he nahi hai pl suggest
Your videos are very informative. One question, NPS is having highest lock-in period. Do you think still NPS as the best option just because of its returns?
Great video Mandeep. I've an idea about the next video. So these are all tax saving investments but how about instead of deducting on low return schemes, we just pay tax and go for high return mutual funds with that money? will this model be more profitable than the tax saving model in the short/long term?
ELSS has one disadvantage!! Blocking period is 3yr for each instalment!!! After completion of three yes you will eligible for monthly withdrawals of units!!! Its very disappointing!!
Sir I have doubt on 80CCD(1B) whether we have deposite additionally or what what we are depositing out of that 50000 will be shown on 1B. No where I am finding a clearcut document.
Thank-you Mandeep for your very useful advices. They are very well and correct in all perspectives. Your information is an absolute eye-opener. I would definitely want to meet you, and connect in person. I am absolutely impressed. I obersed, your tern insurance plans are made private. I was browsing for channel and came across, very insightful details in this regards too.
Thank you Mandeep ji for video series on insurance and related subject. If i may suggest, i request to create a playlist named money minded Mandeep. This will help in seeing your videos in continuation.
![[ep2] Engineer Explains Income Tax Calculation | Deductions, Exemptions & Rebate](http://i.ytimg.com/vi/hzFOQRcv2cU/mqdefault.jpg)
![[ep2] Engineer Explains Income Tax Calculation | Deductions, Exemptions & Rebate](/img/tr.png)
Hax to Save Tax: www.taxplanningforsalariedemployees.com
💸DEMAT Account: link.lla.in/Demat
QuickPayroll: quickpayroll.in/
❗#Tax2Win is a fraud company. I had purchased standard plan to file ITR, provided all documents and details to them as they had asked but they have not filed my ITR yet. Today it is 29th December 2020 and last day to file ITR is 31st December 2020. They are not responding to calls or tickets raised on their portal. #labourlawadvisor @labour_law_advisor request you to help me in this.
It is national pension scheme
Can we claim EPF in 80c, if Yes How? @Labour Law Advisor
How to join your team.?
Apse bat ho skti h kya in any way either chat or call or email
The best financial advice channel on CZcams. Thank you Labour Law Advisor.
Mandeep sir.. Apka video to aate hi like kr deta hu mai.. Coz we all trust you.. And apke videos genuinely good information provide karti hai.. Gr8 work team LLA 😊👍
Dekh bhi lo plz :)
@@LabourLawAdvisor ये भी सही बात कही।
1. EPF Contribution - (EEE) Exempt on 80C, no tax on interest, no tax on final withdrawal amount
2. Home Loan : Principal amount is exempted under 80C,
3. Home Registration Charge - tax exempted on Stamp duty, registration charges
4. Tuition Fee - upto 2 kids per parent, exempted only tuition fee.
5. Life Insurance Policy - Premium amount is exempted, condition - premium amount should be less then 10% of sum assured.
6. NPS (national pension scheme) : it is EEE, 1.5 Lakh on {80CCD(1)}, 50K additional exempt on {80 CCD (1B)}, Lock in period 60 years, when maturity you can only withdrawal 60% of your money.
7. ELSS (Mutual Fund) : High return scheme, taxable when maturity, small lock in period (3 years.)
8. Sukanya Samridhi Yojana : It is EEE, around 8% yearly, lock in period 21 years
9. PPF : It is EEE, around 8% yearly, lock in period 15 years
Less preferred
10. 5 Years FD
11. Post office saving account
12. National saving certificate
Point 3 - stamp duty tax rebate is also applicable for resale flat purchase.
Thanks! Watching your video feels good, kab 15 minute nikal jaata hai pata nahi chalta, very less stressful unlike other finance videos on CZcams. And, enjoying the in-between punchlines too. :D Keep it up! - Bell Button Subscriber.
Awww ❤️
Mai pehle like karta hoon ,uske baad me video dekh ta hoon ,kyon ki muje pata hai video informative,useful hi rahega ....
I love that intro music 🎶 it's just amazing!!!
Brilliantly explained, like always. One of the few good youtube Hindi English financial legal speakers that I can appreciate. 🎖️
deva re deva......itna knowledge!!!!!!
waoh mere to section 80 C ekdum detail main revise ho gaya ...thanks you so much ❣️❣️❣️❣️ @ LABOUR LAW ADVISOR
The Best video on this topic I ever seen on CZcams.
100% without doubt. The very best not only explained & covered in detail but put forth in very clear & fluent manner which can be undetstood by even a layman. Objection or just to find a fault is that he was speaking a bit fast. But anyone can listen again & again to catch anything which one has missed. Thanks for the nice video.
Bhai kya dhasu video tha. So helpful. Keep making this amazing content
Very informative.... thanks...keep making such vdos.
You tube pad मेरा. फेवरेट चैनल
आप बहुत अच्छा काम कर रहे हैं sir🙏
excellent brother, hats off. really.
Thanks for the very informative video. You have covered every aspect to the point and explained it in a very lucid manner. Hope other you tube video makers learn from you the art of communication & making video covering all imp aspects related to the topic in question in a very precise manner without leaving any doubt in the minds of the viewer & sticking to the topic & not indulging in unnecessary comments.
Your videos are very informative.
Thanks!!!
Bro, you are correct with the deduction regarding 80c 80ccd, and 80d but the issue is to get the refund we have to invest our money, and to invest we need the money which gets deducted through TDS before we receive the in-hand salary.
Now in such a case, we need to declare our investment in companies HR portal but along with that we also have to provide proof.
Many of us think that we shall invest our money once we receive the Bonus and the company provides the bonus during March which is again subject to TDS
to the extent. Now to invest you
File ITR with Tax2Win (English): bit.ly/2zIypzk
File ITR with Tax2Win (Hindi): bit.ly/2ZVPaBX
Very informative video....I wasnt aware abt stamp duty & principal amt...waiting for more videos thanks..👍
Private company me lockdown period salary ka kya decision nikla supreme court ki taraf se plsss bateye .......??????????
Make video on other sec. Also
NICE INFORMATION👍. HOW TO CHOOSE HEALTH INSURANCE . PLEASE MAKE A VIDEO UPON HEALTH INSURANCE/ TERM INSURANCE...THANKS....
11:08
"Agar beti nahi hai to kya karein?"
"To aap PPF account khulwalo"
😂
Thank you so much very knowledgeable video
Aap No. 1 HO GURUJI . veRY GOD
Good information for our life
Sir Aap Tax saving itne ache options dete ho, ki double profit hoga kisi ka bhi, koi bat nahi shadi ab tak hui nahi tho, koi bhi tax saving ki video dekhar, ek kya do ladkiya bhi shadi k liye tayar hongi, Aur bolnegi isko laga dala tho life zinga lala.... 😂
Aise hi ache video banate raho best of luck 👍🏻
Informative video thanks labour law advisor👍
Thanks Sir to Uploading Tax related Video..
Please make a video in details how this tax works... like how taxable income and all that ..
@labourlawadvisor very informative video, as always u guys doing best. Keep going
Thanks sir ,very very good lecture
Pl send such videos .
Yr presentstion, Knowledge is awesome... in a very simple way u r explaining... 👍👍🙌
thank you for in-depth explanation
Very informative video sir,
I really like it but i want to ask a one question that,
As you said starting of the video that if your income is 10 Lakhs and by way of section 80C investments your taxable income is come to Rs 5 Lakhs. The maximum deduction in Section 80C is only Rs 150000 and NPS it become 200000 and not more than this.
Hence i just confirm my doubt that whether my doubt is right or wrong
From Aakash Birje
Standard deduction of 50k + 80c 1.5 lac + 50k NPS+ HOUSE LOAN 2LAC interest exempt+ 25 k medical insurance and additional 25k for parents insurance.
Nice video.Thanks for fully guidance.Nicely narrated 🙏
all this fall under chapter VI A of IT Act so if your income is 10 lakh the you are liable to tax of the amount after all
This deduction at max 2 lakh or you can add additional claim of 25k via 80D
और शेयर मार्केटिंग में परचेसिंग सेलिंग की पूरी जानकारी से संबंधित वीडियो प्रैक्टिकली दिखाएं प्लीज धीरे-धीरे समझाया करें बहुत तेजी से समझाते हैं आप
Video icon pe likha h ki tax saving without investment aur fir aap Sare investment bta rhe ho
Kya aapko ni lagta ki aap logo ko ghumra kr rhe ho?
Yes I was wondering the same ...
Views...
Isse bolte h clickbait
First part me yahi bataya hai na ki without investment kaise claim kar sakte hain deduction?
Kya aapne video dhang se nhi dekha?
Awesome mere bhai very nice explanation easy to understand.👍
I really appreciate your Efforts to provide knowledge Sir, and I apologise for my bad review comment given approx 6 years back.
Thanks
What a video .. very clear understanding .. enjoyed video
Oh Man, what a video. Awesome explanation.
Well done to you and your team.
Love from Kerala. ❤️
Good CZcamsr.
Extremely good video.
Want to ask that Car loan principal amount is under tax exempt ?
Excellent.... explanation...impressive
Knowledgeable video
Thanks for guidance 👍🙏
Most useful Yt channel for me
ELSS is like shifting the 1.5L taxable amount to 3 years after. As after 3 years you will face the same problem as the amount will be added to your income and one more thing if the total withdrawal amount is taxable then the extra amount which is accumulated because of interest rates over the years also gets taxed so what's the point ?? I am not sure if what I am saying is correct, some plz correct me if I am wrong ?
he made a mistake there, the whole amount is not taxable, just the returns.
for example, in 3 years you invested 1.5L per year = 4.5L total, and generated a profit of 2L, then during withdrawal, the respective capital gain will be applicable on 2L
@@sdpjswl Got it, thanks for clarifying
Sir ESIC Registration agar cancel karna ho to kya krna hota hai is par ek video bnao..
एक वीडियो सरकारी नौकरी वालों के लिए जो share market में invest करते हैं। मैक्सिमम25000 रुपये तक invest krna है पर किस section के तहत ये जरूर बताए।
Bhai ye video dekh lijiye ap
czcams.com/video/eXKHko3URtU/video.html
80ccd 2, employer contribution ....point to be noted that the gross income takes this part. First you add it then deduct it ..what is whole exercise for.
Bade Bhai maja a jata h aap ka video dekh ke 😘
thanks a lot brother.. you are helping us a lot ..
I don't usually comment but this video is really very informative and helpful. Thanks a lot Manjeet!
Sir NPS servent agar 80c mai 200000 ki saving karta hai to ky 50000 ki saving 80ccd 1 B mai dekha sakta hai ? jab ki uska 50000 ka saving 80ccb 1b mai huwa he nahi hai pl suggest
Saving money of middle classes. Thank you.
Sir PERSONAL FINANCE kaise Maintain kare ispe video banao...
Very informative and helpful
Jai ho Mandeep bhai ki
Informative video
Thanks bro for your informative videos
Good very useful information thank you sir
Thank you labour law advisor Team for providing good knowledge through your videos. Keeping doing good work.
First comment
Yo.
Thnx bro.. Really it's very informative video👍
Simply super thank you so much
Thanks a lot it was very helpful
Bhai apne bhot mdad ki ulip vali video me
Subscribed! Why didn't I find this channel before ?!
Your videos are very informative. One question, NPS is having highest lock-in period. Do you think still NPS as the best option just because of its returns?
I don't think so a good option.
Just to save 10k we have to invest 50k in a highest lock-in scheme
8.5-11% interset and tax free aur kya chahiye??
Yes nps is best...
W/o investment:
Epf contribution
Investment :
nps (eee category) nps additional 50k(80ccd1b), can ask for employer contribution.
Elss(eet)
Awesome video bhai
Thanks
You say right
One detailed video on nps please
Appreciate your effort ..Keep coming up with new videos.. Thank you
Thanks!!
Great job ... Mandeep
Very informative! thanks so much!!
Very helpful video sir...
Great video Mandeep. I've an idea about the next video. So these are all tax saving investments but how about instead of deducting on low return schemes, we just pay tax and go for high return mutual funds with that money? will this model be more profitable than the tax saving model in the short/long term?
Still you will be paying tax on return..
I love Labour Law Advisor.
Hello.....
Wanted to know which is better mode of investing for tax saving under 80C....ELSS or ULIP
Good one bro❤️👍🎉
In previous video you suggest not invest in NPS, but in this video you says NPS is first piority. Pls can you explain this?
There are various types of suggestions... If you want to claim highest deduction than you must have to invest in nps..
After watching these video, I want to go to Dubai and start working..
thank you :)
ELSS has one disadvantage!! Blocking period is 3yr for each instalment!!!
After completion of three yes you will eligible for monthly withdrawals of units!!!
Its very disappointing!!
Really? So how much time till I withdraw all of it?
@@adnanbandey5450 every montlhy sip take 3 yrs for redemption
@@YTC-TradingClasses If I do once every year?
Sir I have doubt on 80CCD(1B) whether we have deposite additionally or what what we are depositing out of that 50000 will be shown on 1B.
No where I am finding a clearcut document.
Bhai, could you please create a video on ELSS.
Zarur
Informative and entertaining same time 👌
Great
Awesome Awesome Awesome
Great video sir
Thank-you Mandeep for your very useful advices. They are very well and correct in all perspectives.
Your information is an absolute eye-opener. I would definitely want to meet you, and connect in person. I am absolutely impressed.
I obersed, your tern insurance plans are made private. I was browsing for channel and came across, very insightful details in this regards too.
Which tax regime should one pick up if your annual salary is around 20 lacs?
U r awsm bro
Very nice information.
Can you do a video on applicability of income tax for tribals of NE region? Would be very grateful.
Best video
Thank you Mandeep ji for video series on insurance and related subject.
If i may suggest, i request to create a playlist named money minded Mandeep. This will help in seeing your videos in continuation.
U r awasome bro.