Finally, something for the middle class and RUclipsrs also deserve some praise for this as they raised this topic so much that even the government had to take this into consideration
Dear Sir, I rarely comment on videos. But the clarity regarding how tax slabs work that you have given, forced me to praise your work. Keep up the good work.
Good point Pranjal, about agricultural income. Time to plug the loophole. Since it is not an assured income year like a salary, and there can be crop failures due to climate vagaries etc. there is a need to distinguish it as Primary income source (real farmers) or secondary source ( top up income) and scamsters income. Tax exemption only for real small farmers.
India is now needed , Population control and Corruption zero, scientific temperament within people , strong opposition,strong regional parties,and productive Indian Citizens !!
It will be good if you can include Employer Contribution to EPF and Employer Contribution to NPS as well as those are also not taxed in New Tax Regime.
Yes you are right Sir.... I myself have seen that many rich people convert their black money into white income from agriculture income Without paying income tax hence there should be tax on Agriculture income 🙏🙏🙏
please make a video comparing old tax regime with all sorts of exemptions with this new tax regime. Also please let us know if there is any kind of deductions in new tax regime like employer NPS, leave encashment etc.
I earnestly believe Agricultural income should be taxed. And for them up to 25 lakh exemption could be given. But the main issue is Agricultural income being a state matter, no states are willing to implement taxes on it, due to their vote bank.
Let's trend "tax on rich farmers" and also government must propose to spend 50% of that amount on poor farmers related schemes so we get support from most of the poor farmers and use the remaining 50% as any other tax.
Hello pranjal sir I always appreciate your hard work and love your video but I want a video from you about books that will help us to understand Indian stock market from basic to advance
if income from STCG 5 lacs and LTCG is 5 lacs from stocks and mutual fund and other income is zero, how the taxes will be calculated will it be 12.5% and 20% or it will be exempted.
STCG and LTCG on stocks are flat rated income, means they does not come under tax slaps, tax on these income are charged as flat rates. But if you assumed that your other income is zero, the upto basic exemption limit the capital gain would be exempted (means upto 4lakh rupees zero tax) then flat rate would be applied on the remaining income that is (10-4=6)
Take an example of salary 13,56,000 including standard detection of 75000 now calculate tax, what rebate I got and the calculation of marginal rate rebate. Explaining with 2to3 different example.
As you told that those with income from investment, i.e., LTCG and STCG are having special slab. It means people having income from investments only don’t have any relief 😢
Finally, something for the middle class and RUclipsrs also deserve some praise for this as they raised this topic so much that even the government had to take this into consideration
Govt only wanted else RUclipsrs will keep mum.
Not at all. It's corporates who hardly requested govt to give relief as their growth was falling badly
Finally something for middle class 🙏🙏. Power of raising a voice
I think it was mainly because of the economic slowdown , I don't think they care about social Media
@@sanketh768 💯✅
@@sanketh768delhi election+ social media and yes it is more about economy
Power of Social media
Power of memes@@kunalsil4387
Dear Sir, I rarely comment on videos. But the clarity regarding how tax slabs work that you have given, forced me to praise your work. Keep up the good work.
दिन भर की कश्मकश को हल कर दिया । 🎉🎉
धन्यवाद प्रांजल कामरा जी।
Very genuine issue you have raised about which nobody is talking which is rich people evading taxes behind the mask of farmers...
Penalty wala point mast bataya ha,,i don't think kisi ne abi tak esa kuch btaya ho youtube pe
Correct 💯
It's marginal tax relief
Correct
Very good part covered on Agricultural sector..Totally agree on that👍👍👍
Thank you for the video.
Very well explained. Clarity is made
Good point Pranjal, about agricultural income. Time to plug the loophole. Since it is not an assured income year like a salary, and there can be crop failures due to climate vagaries etc. there is a need to distinguish it as Primary income source (real farmers) or secondary source ( top up income) and scamsters income.
Tax exemption only for real small farmers.
You are right sir related to farmer who is belongs to poor farmers
India is now needed , Population control and Corruption zero, scientific temperament within people , strong opposition,strong regional parties,and productive Indian Citizens !!
I really wait for your videos only on any financial related topics because you give actual and genuine information. Keep up the good work Brother!!! ❤
Fun that no one raising this point is talking about marginal relief like u said
even it's hard to digest 😅
Kisano ki bat kahi woh acchi hai.chota mota kisan yearly 50 lack se jyada kama nahi skta agr kama ta bhi hai to woh tax pay karne ke kabil bhi hai❤
It will be good if you can include Employer Contribution to EPF and Employer Contribution to NPS as well as those are also not taxed in New Tax Regime.
Thank you sir for more clarity on this topic
Always Quality Content ❤
I want a very brutally harsh critical review of financial budget. That's how i can make better investments (if not sugar coated), thanks.
Thank you so much pranjal sir for making this video simplying for all of us, best as always . we will wait for new video 😀
I didn't knew about the penalty wala concept, thanks for the awareness.
I was eagerly waiting for your video
Good insight Pranjal, thanks :)
Yes you are right Sir....
I myself have seen that many rich people convert their black money into white income from agriculture income Without paying income tax hence there should be tax on Agriculture income 🙏🙏🙏
Can you please share tax calculator as per old tax regime so that we can compare taxes and choose right tax regime.
Kisan ke bare me sahi kha 👌
Explained to the point. Thanks
Finally Thank you Nirmala tai
Thank you.
Very constructive discussion ❤❤
Aapne bhut ache se ye clear kiya h..so many thnx
बडे ही आसान तरिके से समझाया आपने
So clear and so informative, superb video
Well explained, precise.
Finally something worth trusting on. Thanks for clearing the unnecessary clutter and noise. Great work.
Impressive and insightful 🎉
Well explained bro. Mai khud confused tha ab sab clear hogaya thank u a lot
Best explanation sir ❤❤
Sir you are great..
U r really genius & genuine.. Love from Assam❤
a honest review and explanation
Tq for explaining it in simple way❤
finally a govt that literally heard the voices
Thanks to the govt so much for reducing the tax.
Thank you very much for this calculator sir
Thanks for the great video with very clear explanation.
What about salary + Rental income? Where will that fit?
Good analysis and factual video. Thanks for not making it a clickbait
Good explanation
Thank you so much sir
Always trust Pranjal Sir to give the best level of clarity
Thanks Pranjal for sharing the excel calculator. one of the two excels is not working, please recheck and reupload
XAI521K going up like crazy! Pick up around 0.67 and now it’s hit $1! I wish i had bought more!
When this man explaints things, they sound simpler
Nice video 🤩
बचे हुए टैक्स को कहा इन्वेस्ट करे इसके लिए भी एक वीडियो बनाए
आपकी कृपा होगी सर
Farmer ke uper tax wala concept bilkul hona chaiye kiy ki sare actor tax chupata hai as a farmer dikhake including SRK , Amitabh Bachan and everyone .
please make a video comparing old tax regime with all sorts of exemptions with this new tax regime. Also please let us know if there is any kind of deductions in new tax regime like employer NPS, leave encashment etc.
Thanks Pranjal for tye informative video. Please make a video on how to get rebate in new regime.
8:00 ye sahi mudda hein
Yes exactly. मैं भी कई बार इस मुद्दे को उठाता हूँ
Income from agricultural must come under IT, slab may be same or different
I earnestly believe Agricultural income should be taxed. And for them up to 25 lakh exemption could be given. But the main issue is Agricultural income being a state matter, no states are willing to implement taxes on it, due to their vote bank.
Hi so after shifting to new regime. Is it advisable to continue PPF investment ?
Rental income k bare me bataye.. make detail video considering old regime
Finally pranjal kamea clarified it the best way
What about retired and Sr.citizen , income through pension and interest?????
Let's trend "tax on rich farmers" and also government must propose to spend 50% of that amount on poor farmers related schemes so we get support from most of the poor farmers and use the remaining 50% as any other tax.
Thank you Pranjal Bhai.
But still confused between new and old regime ... Please make a video comparing old and new
NPS pe kuch income exemption milega kya?
Hello pranjal sir I always appreciate your hard work and love your video but I want a video from you about books that will help us to understand Indian stock market from basic to advance
1.Intelligent Investor
2. Psychology of Money
Sir thanks
the tax calc excel is not working i think? getting REF errors in cells
Good one
perfectly explained, in very detail....but in last the screen the list is not visible due to video thumbnail
Bro, Please give the Old regime calculator also
Latest stock market tax par video dalo
Any rebate for home loan in this tax structure???
Old le lo dono option hai
if income from STCG 5 lacs and LTCG is 5 lacs from stocks and mutual fund and other income is zero, how the taxes will be calculated will it be 12.5% and 20% or it will be exempted.
STCG and LTCG on stocks are flat rated income, means they does not come under tax slaps, tax on these income are charged as flat rates.
But if you assumed that your other income is zero, the upto basic exemption limit the capital gain would be exempted (means upto 4lakh rupees zero tax) then flat rate would be applied on the remaining income that is (10-4=6)
Thanks for the update! I'm holding and buying more XAI521K! XAI521K is the sleeping dragon in this run and its about to wake up.
Are the taxes equal for both salaried employees and businessmen?
Take an example of salary 13,56,000 including standard detection of 75000 now calculate tax, what rebate I got and the calculation of marginal rate rebate. Explaining with 2to3 different example.
Pranjal sir jin sallary person ka tax detect karke jama kar diya hai uska bapas hoga kya
Sir this will be applicable for fy 24-25 or fy 25-26 ??
What about long turm capital gain and short term
I am an old tax regime person.
Very well said 7:15
What about rebate in first scenario
What about capital gains along with salary?? Like if our salary is under 12.75lakh but capital gains make total income greater than 13 lakh?
He has explained that @ 10:00
Agriculture income can only be taxed by the State Government, not by the Central Government as per the Union List and State List..
budget bought so much happiness!!
The demand to keep tax slab adjusted based on inflation is missing. Next year will be Govinda
Acha kya mera monthly tax fir vi katega? Or mujhe tax file karke tds return mileage? Ya fir tax katega hi nehi from the start?
Sir, if my salary 11 lakh and capital gain 2 lakh means all income 13 lakh then how much I will pay tax ?
You 11 lakh is fully exempt , remaining 2 lakh will be taxed at 12.5%
@@sanketh768according to his explanation it will considered as penalty
असली किसान खेतो में है 😮
Excellent
Pranjal bhai, agar aisa ho raha hai aur humarey paas proof hai ...then why are we not raising such money laundering lto the Income tax department
Small suggestion if possible make one video where in old regime with home loan + 80c + medical & new regime .
Bhai private employees ki salary badayegi kya pichhle 10 saal k compare me
Wow budget.....
Will this be applicable to salaried employees of 2024-25?
Thanks for supporting my Channel ❤
As you told that those with income from investment, i.e., LTCG and STCG are having special slab. It means people having income from investments only don’t have any relief 😢