This kind of priceless knowledge and information to the aspiring CA students, really show them how intersting the subject is and really encourages them to study hard to get the same kind of wisdom. Thanks a billion Sir!
Hello sir, I'm a doctor completely oblivious to financial knowledge until few years before. Although I'm not a CA student, just watching your videos enlighten me so much! Thank you!
THE BEST PART OF YOUR CHANNEL IS :- YOU NOT ONLY UPLOAD VIDEOS FOR STUDENTS BUT ALSO AMAZING CASE STUDIES AND REAL LIFE CASES..KUDOS TO YOU AND YOUR CHANNEL💯🔥
Beautifully explained and really interesting, have been studying it in law in CA final but understood it perfectly now, thank you sir and would love if you could upload more videos to explain more such interesting concepts 😁❤
Wooow wooow woow wooow wooow jeetni tarif ki jaye utni km Aaj to aise lagta h knowledge k factory idhar h hai first maine kya bolu i have no words SAHIL SIR LOVE FROM bottom OF HEART❤❤❤❤❤❤❤❤❤❤❤❤❤
Sir you are just PHENOMENAL. No other teacher would teach these things and that too in depth. Seriously I learnt something new today. Thank You so much Sir.
After watching couple of sir's videos I came to the conclusion that he is the Real Content Creator. Hats off to sir and his idea to make such kind of videos which are based on logic completely. His videos are simply no nonsense videos. More power to you sir 💪
Over and under invoicing is used to transfer money internationally. Therefore a person with tainted money can use a hawala operator to park his funds abroad. Layering is needed to account for personal expenses of the person i.e money he wants to spend in his own country.
Hi Sir...this video make us understand why such laws like PMLA and other prov of income tax act came into existence...I really appreciate your effort and pls do keep making such informative videos since it makes easier for us to study law and tax.! Thanks alot👍
Just one thing. Hairdressing services attract GST at 18%. 70 Lakh is above the exemption limit and you will have to pay GST on the same. In normal course of business, it owuld have been passed on to the consumer. But he has no customers and this GST has to be paid out of his own pocket. For better tax planning, Circuit might want to show business in an exempt service. I am an officer of the department and I must agree your videos are educational. Even I get to learn a lot about Tax evasion modus so I can better help prevent it. Cheers.
He can take registration under the composition scheme. If his business crosses the threshold of composition scheme then he can show various types of expenses like labour outsourcing, purchase of materials and avail ITC on the same.
@@TaxationWithCASahilJain in integration process, we need someone very loyal, on whom we can place 100% trust, otherwise we'll recive money in someone else's name in India and he'll run away with our money once we are in jail
woowww sir ! ..this is amazing videos series of malpractices , ..this is best topic apart from coaching industry . feeling thankful sir ...maza aa gya video m ..sach m ,
Are Panama Papers included in this laundering ?? (They were in headlines some years back ) Also, such a wonderful explanation of the topic... I've understood all the points logically , Thank You so much!!
Actually there are some international independent organizations mainly consisting of journalists who somehow get the data leaked from the financial institutions where these criminals park their money. That is what you call Panama Leak, Pandora leak etc.
waah sir aapne starting se itna acha samjhaaya...ki kya lacuna hai, kaise deal kr skte hai logg....wo sab ideas aa te rahe and at last when difficulties bhi batai tab orr achaa laga.....assi videos bohat achi lagi sir ...orr banaaiyegaa pls . thank you
Sir Ji... Brilliantly explained Money Laundering... Definitely the best faculty.. I have also been following your Taxation lectures and they are absolutely brilliant.. Thank You Sir.... You are the hero of people like me....
Sir from many times ago I wanted to understand how to work money laundering but i could not understand. But Now I understood how to work money laundering.Thank you alot sir and please keep making these type interest video
Hello Sahil ji, Simply marvelous video you have made. You have explained the concept of money laundering beautifully. Sunne ke baad bada simple lagta hai. In fact you have made it very simple. Thanks for educating me on this. With regards.
Excellent explanation. Hats off. I used to mug up everytime, but the way you simplified, you are truly exceptional 🔥. Super se upar. Thanks. Waiting for more videos like this.
It is awesome sahil..the way of explaining is so much impressive such that anyone can catch the concept of taxes. It is very much needed because financial education is not common.best of luck..hope you continue to educate world.👍👍
Actually not a big fan income tax 😅, never really liked the subject. Thank you sir for sharing real life example which genuinely makes the subject intresting. Thank you so much sir 🙏. You are in a very niche content creation sir, we need more of such intersting live examples 🙏
I really like the way you explain the things.Thank you Sir for teaching the lesson in such an easy way. Here,I want to know while auditing the individual's or company's accounts, what are the ways a CA can adopt for detection of money laundering and hawala activites?
Sir, extremely thankful to you for this knowledge 🙏. But, I don't understand Hindi. For the benefit of non-Hindi viewers, please do provide English subtitles. Keep growing Sir!!!
My god, you are awesome!!! I'm not a student of law or taxation, but your videos are too educational to miss. And the best takeaway, "Katu kya pvt ltd." 😂😂😂😂. Just hilarious!!!
Sir Despite of having many stringent provisions in the law, still politicians celebrities and many others manage to do ML and even if they caught they easily find out many ways to come out of it without getting punished.!!! The only solution is, We Indians must do cashless transactions where ever possible and Govt must bring more and more new policies and technology to encourage pepole. TYS for the viedo and keep Donate your knowledge to us.!!!
Nice explaination sir.. But can u shed some light on the fact how sooo much of unaccounted cash can a particular person or entity generate in a year.. How r they doing this???
Circuit opens a barber shop(rent 5lac/monthly) - earn 1cr. (Yearly) , after giving tax he got 70 lacs and his rent is 60 lacs (yearly) so he got 70-60 lac = 10 lacs 😂😂 and also 3% commission to silver package 😂😂 , so his 1cr. Black money became 10 lac of white money (very bad deal 😭)
1- very smartly explain how the money laundering can be done. 2- When there is raid, Circuit will sent group of people to pay amount the cutting guy will ask. 3- Circuit can depute 2-3 guys to go daily to the shop and pay as much asked. Money will be rotated daily. 4- The barber can be hired easily. The barber don't know what owner of the shop is handling the money.5- Policies can be altered at anytime in future due to political changes. 6- If on CA knew where are the chances of caught, he also know what are the options available for move them away.
Thank you so much Sahil sir. I was searching about money laudering for longer period of time but i wasn't getting true information... but after watching you video i got complete information about money laundering.
This kind of priceless knowledge and information to the aspiring CA students, really show them how intersting the subject is and really encourages them to study hard to get the same kind of wisdom.
Thanks a billion Sir!
Ĺ
I have dobut do aspiring CA student learns all these too ...
@@blackmamba677 Yes , we have a lot along with these techniques.Further we do not do tax evasion & Do it as Tax Planning
I can't believe such type of very practical knowledgeable videos are available on RUclips for free.
Sir, I'm a science student, but still got everything you shared. You really deserve more exposure 👌🏻👌🏻
Are You Harshit Ninaniya ?
These kind of videos will genuinely help students.
Not student client also.
Thanks so much Sir...
You have lot of experience regards Taxation in practically. Level
In laundering?
😂
StUdEnTs yEs yEs
Money laundering se related itne video hain RUclips pe. Par aapke jaisa kisi ne nhi samjhaya. Bahut hi achha explain kiya sahil sir ne. Just superb.
Hello sir, I'm a doctor completely oblivious to financial knowledge until few years before. Although I'm not a CA student, just watching your videos enlighten me so much! Thank you!
I'm a software developer but I watch your videos regularly and I love the way you explain ❤️
I am a UPSC student and I was really struggling with this topic your explanation made my concept clear thank you very much
Sir agar aap aise explain karoge toh bohot saare teachers ko retirement lena padhh jayega😂😂
THE BEST PART OF YOUR CHANNEL IS :- YOU NOT ONLY UPLOAD VIDEOS FOR STUDENTS BUT ALSO AMAZING CASE STUDIES AND REAL LIFE CASES..KUDOS TO YOU AND YOUR CHANNEL💯🔥
Beautifully explained and really interesting, have been studying it in law in CA final but understood it perfectly now, thank you sir and would love if you could upload more videos to explain more such interesting concepts 😁❤
Wooow wooow woow wooow wooow jeetni tarif ki jaye utni km
Aaj to aise lagta h knowledge k factory idhar h hai first maine kya bolu i have no words SAHIL SIR LOVE FROM bottom OF HEART❤❤❤❤❤❤❤❤❤❤❤❤❤
Meraa BHI yahi haal Hain. AAi shappat 🤘🏻🤗
This made me miss Gustavo Fring and his Los pollo hermanos.
Yes bro and saul & mr.white
Amazing Sirrr!! Keep updating our knowledge once week or at least once in every 15 days Sir. A true educator and mentor you are! 😈
Sir you are just PHENOMENAL. No other teacher would teach these things and that too in depth. Seriously I learnt something new today. Thank You so much Sir.
Mene aaj tak kisi ko SIR nahi bola hai but aaj aapko SIR bol raha hu wo bhi aapki ye wali video dekh ke.🙏
Nice information sir
I am into IT field but still love to watch your videos 😊
After watching couple of sir's videos I came to the conclusion that he is the Real Content Creator. Hats off to sir and his idea to make such kind of videos which are based on logic completely. His videos are simply no nonsense videos. More power to you sir 💪
Excellent sir, actually I took my DT classes some where but I wish to take again from you sir.
Over and under invoicing is used to transfer money internationally. Therefore a person with tainted money can use a hawala operator to park his funds abroad. Layering is needed to account for personal expenses of the person i.e money he wants to spend in his own country.
Hi Sir...this video make us understand why such laws like PMLA and other prov of income tax act came into existence...I really appreciate your effort and pls do keep making such informative videos since it makes easier for us to study law and tax.! Thanks alot👍
Great explanation of money laundering with practical example sir
Just one thing. Hairdressing services attract GST at 18%. 70 Lakh is above the exemption limit and you will have to pay GST on the same. In normal course of business, it owuld have been passed on to the consumer. But he has no customers and this GST has to be paid out of his own pocket. For better tax planning, Circuit might want to show business in an exempt service. I am an officer of the department and I must agree your videos are educational. Even I get to learn a lot about Tax evasion modus so I can better help prevent it. Cheers.
He can take registration under the composition scheme. If his business crosses the threshold of composition scheme then he can show various types of expenses like labour outsourcing, purchase of materials and avail ITC on the same.
One of the best Practical video....sir please keep bringing more of them
Made me remember that saul and jessie scene from Breaking bad when you talked about barbershop.....
Yes, they also used a cash business to launder the money. They did placement but there wasn't any layering or integration involved.
Now I am eager to watch this movie, but after daily dose of study.😅🤘🏻✍🏻
@@Manu52498 it's not movie but it is a series
@@SantoshKumar-ke5bk achha , ok
@@TaxationWithCASahilJain in integration process, we need someone very loyal, on whom we can place 100% trust, otherwise we'll recive money in someone else's name in India and he'll run away with our money once we are in jail
Sir, This was one hell of an explanation. Thank you :D
Hell ??
woowww sir ! ..this is amazing videos series of malpractices , ..this is best topic apart from coaching industry . feeling thankful sir ...maza aa gya video m ..sach m ,
That's great.
I was thinking of ways to hide my hard earned black money.
Makes a lot of sense.
Much appreciated
😂😂😂
😂😂😂😂😂
Are Panama Papers included in this laundering ??
(They were in headlines some years back )
Also, such a wonderful explanation of the topic... I've understood all the points logically , Thank You so much!!
Actually there are some international independent organizations mainly consisting of journalists who somehow get the data leaked from the financial institutions where these criminals park their money. That is what you call Panama Leak, Pandora leak etc.
Great learning. Being an engineer and a service classed person, I could never imagine such things. You explained it beautifully.
I didnt even skip a second. This was very good lecture BTW. I wish our lecturer were the same as you CA Sahil Jain. Thank you!
waah sir aapne starting se itna acha samjhaaya...ki kya lacuna hai, kaise deal kr skte hai logg....wo sab ideas aa te rahe and at last when difficulties bhi batai tab orr achaa laga.....assi videos bohat achi lagi sir ...orr banaaiyegaa pls
. thank you
Sir Ji... Brilliantly explained Money Laundering...
Definitely the best faculty.. I have also been following your Taxation lectures and they are absolutely brilliant..
Thank You Sir.... You are the hero of people like me....
Thank you sir.......keep us updated with these types of practical informations.......🙏
Sir from many times ago I wanted to understand how to work money laundering but i could not understand. But Now I understood how to work money laundering.Thank you alot sir and please keep making these type interest video
Sir esi videos jarur bnaya krie bhot acha knowledge milta h professional students ko👍👍
Gjb Sir ji....
Kya smjaya he....
Mja aa gya 👏👏👏👏👍
Your work is helpful for not only CA student but also other students
Thanks for this informative video 🙏🙏
Wow sir you are simply amazing.... The way you explained the concept was amazing. I understood the entire concept of money laundering
The one who dislikd was probably caught under money laundering 😂😂
😂😂😂
Yess🤘🏻😂😂🤘🏻
Lol😂
They're from IT dept
😂😂😂
Hello Sahil ji,
Simply marvelous video you have made. You have explained the concept of money laundering beautifully. Sunne ke baad bada simple lagta hai. In fact you have made it very simple. Thanks for educating me on this. With regards.
Beautifully explained. In simple language understood the entire basics of it. First time viewed your lecture sir and absolutely loved it.
Sir em a cs student but following u since last 1 year 💖💖
Thank u sir for ur effort to enlighten us.
We love ur style of teaching.
I think this series is gonna be the best educational series ever.
iski koi series bi ha kia
Great video sir..you are preparing a generation that can curb finacial.crimes and increase financial literacy among the society.
Sir, really value addition information.
Thank you so much for spreading financial awareness
Dislike wale money laundering se link krte honge 😅
Seriously thank you for this video sir. Ik its wrong but it is very interesting to know about thism
You are such a gem of a person, thanks a lot
Thank you Bhai itna accha smanjhane k liye. Ab main illegal activities dobara se start kar sakta hoon :)
Thank You sir, i am not a CA aspirant but was keen to know how criminals do money laundering. Very well explained :-)
Amazing video sir... Thank you so much! This will help us understand how actual tax evasion happens
PML Act super duper simplified... Great work 🔥😃
Well done sir
Theoretical pdne se number milte h
But gyaan toh #PRACTICAL se hi aata h.
Tabi toh khte h
#LIFE IS NOTHING WITHOUT PRACTICAL#👍👌😊
Thank you so much sir.. I was not aware of layering and integrating before. This will help me a lot 🙏🏻
Excellent explanation. Hats off. I used to mug up everytime, but the way you simplified, you are truly exceptional 🔥. Super se upar. Thanks. Waiting for more videos like this.
Do we have to read this in CA?
Yes, PMLA 2002 in law ca final
Make more videos of this kind . They are very helpful in increasing knowledge.
Best! Please make similiar videos on industry malpractices.. taxation beyond books is very beneficial n necessary
All of this is free? Great job. Commenting for more reach! Thanks
Awesome sir
It's great to understand these type of videos😊😊
I'm a medical student but idk why i love your videos 😂😂 and i find them so funny so good 😂
It is awesome sahil..the way of explaining is so much impressive such that anyone can catch the concept of taxes. It is very much needed because financial education is not common.best of luck..hope you continue to educate world.👍👍
I had also thought about those mall shops which r selling outdated things and r also not bothered about footfall.
I don't even have that kind of money but i still searched for those countries which does not share their information. learned so much sir thankyou,
Actually not a big fan income tax 😅, never really liked the subject.
Thank you sir for sharing real life example which genuinely makes the subject intresting.
Thank you so much sir 🙏.
You are in a very niche content creation sir, we need more of such intersting live examples 🙏
I really like the way you explain the things.Thank you Sir for teaching the lesson in such an easy way.
Here,I want to know while auditing the individual's or company's accounts, what are the ways a CA can adopt for detection of money laundering and hawala activites?
Thank you for the video which gives knowledge other than just the syllabus part!🙏
Explained so well sir...
Kindly make video on Hawala, Jama kharchi, PNB fraud, satyam Scam etc
Very helpful video I like the title of the video but what lacking is at least you could give some examples of Consultants.
awesome sir... please make this kind of videos... 5 star 🌟
Highly Aprreciated Sir . Please continue and come up with more videos related to these topics Sir .
Free of cost but v v Precious information ,,
Sir, extremely thankful to you for this knowledge 🙏.
But, I don't understand Hindi. For the benefit of non-Hindi viewers, please do provide English subtitles.
Keep growing Sir!!!
then learn Hindi
Your examples are so visible.Thanks a lot sir learnt something new 😊
Great vedio sir 🙏 I came here after seeing several vedios and this single vedio was enough
Great storytelling!!
A very lucid explanation of such a complex issue like money laundering !
You are truly an inspiration for me ... amazing knowledge ❤❤🙏
Finally I lecture that I understood!!
Well explained, hats off!!!
The way of your teaching is awesome sir, very easy to understand. Step by step. Thanks bro
Sirjiiii
I love ur this kind of vdos💕💕💕🙌
Tysm😍
Come up with more n more n moooore
Yess🤘🏻
My god, you are awesome!!! I'm not a student of law or taxation, but your videos are too educational to miss. And the best takeaway, "Katu kya pvt ltd." 😂😂😂😂. Just hilarious!!!
Very nice explanation +ve side aur -ve side dono dikhaya 👍
Thank u sir now iam able to clearly understand how money laundring works
Sir Despite of having many stringent provisions in the law, still politicians celebrities and many others manage to do ML and even if they caught they easily find out many ways to come out of it without getting punished.!!! The only solution is, We Indians must do cashless transactions where ever possible and Govt must bring more and more new policies and technology to encourage pepole. TYS for the viedo and keep Donate your knowledge to us.!!!
Really good explanation sir. However, I am more keen to know how would the consultant disclose such commission income as white income?
Thanks for this video sir. We learnt altogether new and very different concept through this video.
Sir it was awesome. Please post these kinds of videos...
Nice explaination sir.. But can u shed some light on the fact how sooo much of unaccounted cash can a particular person or entity generate in a year.. How r they doing this???
I think Integration is the reason why STOCK MARKET is booming now, Through FDI & FII.
Amazing sir. Understood the practical aspects of Sec 94A and PMLA
Eagerly waiting for next video on such topics.
Circuit opens a barber shop(rent 5lac/monthly) - earn 1cr. (Yearly) , after giving tax he got 70 lacs and his rent is 60 lacs (yearly) so he got 70-60 lac = 10 lacs 😂😂 and also 3% commission to silver package 😂😂 , so his 1cr. Black money became 10 lac of white money (very bad deal 😭)
I thought it exists only on paper
1- very smartly explain how the money laundering can be done. 2- When there is raid, Circuit will sent group of people to pay amount the cutting guy will ask. 3- Circuit can depute 2-3 guys to go daily to the shop and pay as much asked. Money will be rotated daily. 4- The barber can be hired easily. The barber don't know what owner of the shop is handling the money.5- Policies can be altered at anytime in future due to political changes. 6- If on CA knew where are the chances of caught, he also know what are the options available for move them away.
Wow..i mean literally i could visualise the whole scenario..hats off to you sir 🙏
Best explanation of Money Laundering 👍
Thank you so much Sahil sir. I was searching about money laudering for longer period of time but i wasn't getting true information... but after watching you video i got complete information about money laundering.
Ohh my god, this just blowed my mind.
Can’t wait for more such videos !!!!
Very easy example and good explanation
Superb explanation about MONEY LAUNDERING 👌👌👌
Excellent video. Provided practical knowledge how money laundering is done. Thanks.
very well explained. This is the first time, I understand as how money laundering works. keep doing the good work :)