To get a best Term and Health Insurance advice book a free call with Ditto: ditto.sh/9kyuii Follow the Money Purse channel on WhatsApp: whatsapp.com/channel/0029Va4gSHA7T8bVfTzhIx0X Calculator Link 👉 t.me/moneypurseadv/158095
Sai Anna manchi Josh mida unnaru...2 years lo nenu eppudu mimmalini intha Josh ga chudaledu... sudden ga narayana, Sri chaitanya advertisement add anukunanu Anna...TQ Sai Anna..
12.8 lacs ఆదాయం ఉన్న వారు, 4 lacs నుంచి tax కట్టడం కరెక్ట్ కాదు. 12,75,001/- ఆదాయం ఉన్నవారు, 60010/- tax కట్టవలసి రావడం ఆలోచించ తగ్గది. సమ న్యాయం చేసే ప్రయత్నం చేయండి. క్రిందవాళ్ళకు, పైవాళ్లకు.. rebates ఇస్తూ, మధ్యనున్న వాళ్లకు నలిపేయడం సబబు కాదు.
The excel is having some bugs, please verify through alternate sources before deciding to choose the tax regime. For example surcharge is not considered. If we put 1275000, it is showing 0 tax for 2024-25 financial year
Sir, please do dedicated video on "shall CG employees shift to UPS from NPS" or shall they continue in NPS" and also discuss about the Pention criteria in both NPS and UPS ( after retirement and death before retirement) Please please do video on this... Most of employees are in confusion... We have opt anyone before March
When navigating the new tax slab changes, it’s crucial to stay disciplined in your approach to investing. With tax benefits potentially becoming more attractive, many people might be tempted to splurge on immediate consumption rather than saving for the future. While the new tax slabs may create an opportunity for additional disposable income, resist the urge to overspend. Instead, channel that money into strategic investments like mutual funds, ETF’s and NPS plans that align with your goals. This way you build a solid financial foundation for the future. Automate your savings and investments to ensure consistency and reduce the temptation to spend. Remember, wealth is built over time, and taking advantage of compounding growth through consistent investing is one of the smartest moves you can make in response to these changes.
Please clarify only income from capital gained tax from shares 12 lacks long term and short term . As per the new tax assessment 25_26 I.T is exempted.
Thanks a lot for sharing this, money purse team. There is a small error in excel sheet that you shared. For income above 12LPA to 16LPA, the calculation of tax according to Feb'25 budget is taking 4lakhs into consideration irrespective of the amount entered. Please look into it.
I have a doubt like If a person is salaried and earning 10 lakh from salary and 20k as short term capital gain and 1 lakh as long term gain from stocks Should he pay gains on 20k for short term?
A. ₹11,99,990 Income గా ఉన్నా వ్యక్తి Tax కట్టే అవసరంలేదు. (అంటే ₹12L లోపు) 2. ₹ 12,00,010 Income గా ఉన్న వ్యక్తి Tax కట్టవలెను.(₹12L కంటే ఎక్కువ) ఇతనికి ₹0 నుండి లెక్కడతారు. అదే Tax Slabs ప్రకారం.
Thank you Money purse team for providing calculator 🙏 Hi Sai garu, retirement planning kosam elanti mutual fund category choose chesukovalo cheppandi sir ..
For 20 LPA, Old tax regime lo maximum HRA claim chesthe..old regime is better compared to new regime. I dont think changes made is helpful for individuals who have income above 18 LPA TO 25 LPA
Thanks for the useful information and analysis Sai anna. Really appriciate the efforts that you put on this. One imp update. Tool working fine when we enter income above 12 Lakhs. If we enter amount between 7 to 12 Lakhs in first sheet, previous new tax regime (before this budget) giving 0 even though it is taxable. Similar issue in the second sheet on the final amount of New tax resume. Please check and adjust it.
One query on ULIPS : is this applicable only for new ulip policies which one is going to take from my financial year ? or even it is applicable for already holding ulip policies which are not matured ) going to mature in future ?
Tax Rebate applicable to 12laks is disallowed if Long term capital gains are there irrespective of LTCG amount. In such case tax upto 12 lakhs also to be paid as rebate not applicable.
Hai sir pls correct the formula in the tax slabe colume range of 12 laks to 16 laksh IF(G91200000,400000,G9-1600000)) Correct formula Pls rectify the formula IF(G91600000,400000,G9-1200000))
I am new to this channel. TDS, TCS, ULIP ilanti market related terms knowledge chala takkuva, deeni meedha meeru explain chesina videos emanna unte suggest cheyandi please. Thanks
Thank you for your efforts. Is NPS contribution by employer which is upto 14% in New regime and upto 10% in old regime of Basic Salary included in the sheet ?
Hi Sir, Ee kottha regime valla maximum andaru new regime ki shift aipotharu kabatti, what do you think will be its impact on the ELSS funds? Fund managers veeti meeda ekkuva interest chupinchakapovachu kada?
Thanks for the quick video, i have doubt regarding New tax slab about NPS (2 lacs) applicable or not, if so can get tax exemption till 14 lacs, please clarify
Anna Savings ane thing ni middle class family complete ignore chestharu ga.. because each penny left at monthend will use unnecessarily as the 80c bought to inculcate savings intl those family right
Continue only Term insurance and health insurance. Remaining LIC, home loan and etc to be discontinued, as there is no benefit in paying lot of loans & interests. I constructed home for getting the tax benefit and now i decided to sell.😅
Sai garu there seems to be a bug in the sheet. For 12 L it shows 0 tax as per new regime even in the before budget section. And my salary is 13L. It shows that i will pay more tax after the budget. 😮😢😭
Excel sheet lo bug la anipistundi endukante 13 lakh income unte…standard deduction 75000 tisina tarvatha total taxable income 12,25,000. so ippudu 0 - 4 lakh 0%. - no tax 4-8 lakh. 5 % - 20 thousand 8-12 lakh. 10 % - 40 thousand 12-16 lakh. 15 %. - so rest 25000 ki 15% tax ante 3750 So total tax pay cheyyalsindi. 0+ 20000+40000+3750=63,750 Plus 4% cess add chesthe total 63750+2550=66,300 So total tax amount 66300 kada avvali. Kani excel sheet lo 12-16 lakh slab ki migilina 25000 ki kakunda mottam 4 lakh ki 15% tax kattali ani chupistundi ante 3750 kakunda 60000 ani chupistundi Appudu total tax payable 0+ 20000+40000+60000=1,20,000 avtundi Appudu total tax 120000+4% cess = 124800 avtundi So evaraina confirm chestara 66300 or 124800 edhi correct tax amount 13 lakh ki?
To get a best Term and Health Insurance advice book a free call with Ditto: ditto.sh/9kyuii
Follow the Money Purse channel on WhatsApp: whatsapp.com/channel/0029Va4gSHA7T8bVfTzhIx0X
Calculator Link 👉 t.me/moneypurseadv/158095
Meeru baagaa excited Sai gaaru😂.. full josh gaa vunnaaru 😂 never seen you as so 😂
I am NRI, any benefits one video please 😀🙏
Below 12 L
Calculator not getting downloaded by clicking on the link Sai garu.
Hi y u deleted ipo videos like quadrant future tek
మీ అనాలసిస్ బాగుంది. బడ్జెట్ పై ఏ మీడియా చెప్పని కోణాన్ని మీరు చెప్పారు
Sai Anna manchi Josh mida unnaru...2 years lo nenu eppudu mimmalini intha Josh ga chudaledu... sudden ga narayana, Sri chaitanya advertisement add anukunanu Anna...TQ Sai Anna..
Nijam chepparu andi 😂😂... Chala josh lo unnaru Sai anna.... We are not used to watching him like this😅😅😅
12.8 lacs ఆదాయం ఉన్న వారు, 4 lacs నుంచి tax కట్టడం కరెక్ట్ కాదు.
12,75,001/- ఆదాయం ఉన్నవారు, 60010/- tax కట్టవలసి రావడం ఆలోచించ తగ్గది.
సమ న్యాయం చేసే ప్రయత్నం చేయండి.
క్రిందవాళ్ళకు, పైవాళ్లకు.. rebates ఇస్తూ, మధ్యనున్న వాళ్లకు నలిపేయడం సబబు కాదు.
Anna meru chala energetic unaru e video lo... Good
The excel is having some bugs, please verify through alternate sources before deciding to choose the tax regime. For example surcharge is not considered. If we put 1275000, it is showing 0 tax for 2024-25 financial year
It's a protected sheet asking for a password. I am unable to edit bro
Your energy levels are very high in this video anna. Seems like you are super excited with the new budget.
S very excited
ఇన్కమ్ ట్యాక్స్ ఎందుకు కట్టాలి కడితే లాభం ఏంటి ట్యాక్స్ కట్టడం వల్ల రేషన్ కార్డు కట్ చేస్తారు అంటున్నారు క్లియర్ గా ఒక వీడియో చెయ్యండి బ్రదర్ pls
Exited by bpl ration card door. It tax payer by government
tax file cheyyakapote...loans raavu. Insurance kaavaali anna ITR adige chance undi
Sir
I am a retired sbi bank officer. I came below 12 lakhs categery.
Thank you for your detailed explatation regarding budget.
Sir where are you fron
Sir, please do dedicated video on "shall CG employees shift to UPS from NPS" or shall they continue in NPS" and also discuss about the Pention criteria in both NPS and UPS ( after retirement and death before retirement)
Please please do video on this... Most of employees are in confusion... We have opt anyone before March
You are Awesome Bro...
Excellent boss. Immediately the team has done this and presented it here. Thanks a ton ❤ MP
So nice of you andi
When navigating the new tax slab changes, it’s crucial to stay disciplined in your approach to investing. With tax benefits potentially becoming more attractive, many people might be tempted to splurge on immediate consumption rather than saving for the future.
While the new tax slabs may create an opportunity for additional disposable income, resist the urge to overspend. Instead, channel that money into strategic investments like mutual funds, ETF’s and NPS plans that align with your goals. This way you build a solid financial foundation for the future.
Automate your savings and investments to ensure consistency and reduce the temptation to spend. Remember, wealth is built over time, and taking advantage of compounding growth through consistent investing is one of the smartest moves you can make in response to these changes.
💯%true, Well said Bro. Sadly who don’t have financial discipline and not follow any financial channels are likely to spend that money anyway.
Hi Anna
Only equity short term capital gains unna vallaki kuda upto 12 lakhs tax nill aa
Please clarify only income from capital gained tax from shares 12 lacks long term and short term . As per the new tax assessment 25_26 I.T is exempted.
Thanks a lot for sharing this, money purse team. There is a small error in excel sheet that you shared. For income above 12LPA to 16LPA, the calculation of tax according to Feb'25 budget is taking 4lakhs into consideration irrespective of the amount entered. Please look into it.
సాలరీ పిపుల్స్ కి కర్రెట్ హల్వా పెట్టి ఇన్వాస్టర్ కీ మాత్రం కాకరకాయ హల్వా పెట్టారు .......😂😂😂.
Investors ki kuda 12 lacks varaku tax padadu, only standard deduction is deference. Daniki badulu long term capital gain undi kada.
అన్నయ్యా... కాల్కులేటర్ నీ యూట్యూబ్ లింక్ లో పెట్టండి ప్లీజ్... I don't use any other social media please 🥺 🥺
It would be helpful to bring a tax calculation excel sheet in case of traders with short term , long term and speculative income
Hii sir good evening ✨ good information thanks a lot .... good efforts to money purse team
Most welcome Andi
Naku ee january lone job vachhindi 9.6LPA , tax kattalsi vasthadu adi idi anukuni bayapaduthunna ,now I m free ❤
Ha jan to march tax kattali april nunchi tax free
Sai garu, you not adding pf amount in 80c in the video. Plz add and explain
Super sai garu.. Intha fast ga and free ga tax calculator share chesi nanduku.. Thank you very much
I have a doubt like
If a person is salaried and earning 10 lakh from salary and 20k as short term capital gain and 1 lakh as long term gain from stocks
Should he pay gains on 20k for short term?
yes
@LakeCity-gb1lo but I do not cross 12 lakh mark right?
@@SuPerMan-xu4kx Capital gains are not clubbed with Salary income
@@LakeCity-gb1lo but still as per budget they stated a person who earns less than 12 lakh pays 0 tax right?
@ FM is clear, that does not include capital gains. Capital gains is extra income
Evariki undhii raa 12 lakhs middle class lo 😢
Very useful information Sai Garu & Team
❤
Please also share on stock market profit capital gains taxes
Thanks
❤ sir 4లాక్స్ వరకు జీరో tax అంటున్నారు .12 లాక్స్ వరకు జీరో అంటున్నారు . దీని రహస్యం ఏంటో అర్థం కావడంలేదు sir ❤
Its some thing like if your income is below 12lakhs you have to pay 0 Tax andi
Upto 12 lakh income the tax amount is exempted under section 87A . So no tax upto 12 lakh
A. ₹11,99,990 Income గా ఉన్నా వ్యక్తి Tax కట్టే అవసరంలేదు. (అంటే ₹12L లోపు)
2. ₹ 12,00,010 Income గా ఉన్న వ్యక్తి Tax కట్టవలెను.(₹12L కంటే ఎక్కువ) ఇతనికి ₹0 నుండి లెక్కడతారు. అదే Tax Slabs ప్రకారం.
This is called tax rebate .
Saving more middle class... Just to increase one's salary...and expenditure
Thanks for bringing the excel sheet so soon sai anna. Commendable work to make us understand the new tax slabs that too on the same day. 🙏
December lone 25k hike vachi 13Lakh aindi salary 😭😭😭😭😭😭😭😭😭😭😭
Sollu gaa 😂😂
Don't worry tax is calculated on net salary not gross
Edi goram bro
Very unlucky 😂
@@helloworldgamingyt దారుణం. Taxable income అనేది నీ gross సాలరీ కాదు 😂😂😂😂😂😂...
Thankyou Annaya.. for sharing a very clear info..
13 లక్షల సంవత్సర ఆదాయం వస్తే, మొత్తం 13 లక్షలకీ 15% టాక్స్ కట్టాలా??? లేదా పెరిగిన 1 లక్షకి మాత్రం 15% టాక్స్ కడితే సరిపోతుందా చెప్పగలరు ప్లీజ్???
Total 13 starts from 4 lakh
No Andi as per the tax slabs your tax payable is calculated andi. We have shared the example and using the excel you can calculate by yourself
@wonderworld5061
Slabs wise percentages calculate cehstaru
4-8 lakhs ki 5 percent tax ala
4-8 lakhs - 5% - 4 lakhs ki 5% antey 20000
8-12 lakhs - 10% - 4 lakhs ki 10% antey 40000
12-16 lakhs - 15% - so 12 to 13 lakhs ki difference 1 lakh. Ah 1 lakh ki 15 % antey 15000
So total tax 20000+40000+15000 = 75000
Hope you understand
@@davidgera10 thank you so much andi
Thank you Money purse team for providing calculator 🙏
Hi Sai garu, retirement planning kosam elanti mutual fund category choose chesukovalo cheppandi sir ..
Thanks bro for educating financial things 🎉
Posting just as I am watching the video: I Wanted to ask you for a detailed video on the budget, and here it is already here ! Thank you
Tnxlot Team Money Purse For All Latest Market Updates 😊😊
Most welcome andi
Thank you so much for the video❤❤
Excellent sai garu and simple explanation ❤
From morning I am waiting for your video. Thank you Sai Garu and Money Purse Team 👏👏👏
Hi Anna, thanks a lot for sharing Tax calculator. New tax regime is way better than the old one for me.
For 20 LPA,
Old tax regime lo maximum HRA claim chesthe..old regime is better compared to new regime.
I dont think changes made is helpful for individuals who have income above 18 LPA TO 25 LPA
Correct
Thanks for the useful information and analysis Sai anna. Really appriciate the efforts that you put on this.
One imp update. Tool working fine when we enter income above 12 Lakhs. If we enter amount between 7 to 12 Lakhs in first sheet, previous new tax regime (before this budget) giving 0 even though it is taxable. Similar issue in the second sheet on the final amount of New tax resume. Please check and adjust it.
Salute to your efforts sir 🫡 👏. Clean explanation
Special Thanks for the excel.
Got this at God's speed.... amazing video and Genuine energy in this video sai garu... congrats to team !!
To the point Super ga Chepparu.
You are great sir, you just simplified things for us
Slab system.
One query on ULIPS : is this applicable only for new ulip policies which one is going to take from my financial year ? or even it is applicable for already holding ulip policies which are not matured ) going to mature in future ?
More than 12 lakhs, I am preferring old tax regime with tax saving options
Thanks Sai Anna and MP team for Valuable information
Chala clear ga explain chesaru Anna .. thanks for the explanation
Tax Rebate applicable to 12laks is disallowed if Long term capital gains are there irrespective of LTCG amount. In such case tax upto 12 lakhs also to be paid as rebate not applicable.
Thanks for the very detailed information 🙏
Hi sai garu I have a doubt mee tax caliculator ki income tax e filing government site lo unna caliculator ki difference yenti?
A good advise to continue term and health insurance,which many people ignore.
Is the change in ULIP taxation also applicable for policies taken few years ago ? Or only for ULIP policies taken from now on ?
Well done money purse team,very quick and effective video on same day of budget 😊
Thanks for your valuable information 🎉
Most welcome andi
Great explanation bayya. Thank you very much 👍
Hai sir pls correct the formula in the tax slabe colume range of 12 laks to 16 laksh
IF(G91200000,400000,G9-1600000))
Correct formula
Pls rectify the formula IF(G91600000,400000,G9-1200000))
13L input chesthe 85k tax antundi bro, kani 12L to 15L bracket matrame teskovali kada bro
if rent paid for one month is more than 50k but the total for the FY is less than 6 lacs, still tds to be deducted?
You're fully excited in this video. I have never seen this kind of energy. 😊
Sai Anna and entire MoneyPurse team...
Thanks a lot for presenting your insights so quickly 🎉❤
So nice of you andi
Very useful video Sir.
Thank you for your valuable time and efforts.
I am new to this channel. TDS, TCS, ULIP ilanti market related terms knowledge chala takkuva, deeni meedha meeru explain chesina videos emanna unte suggest cheyandi please. Thanks
Kudos to the team 👏👏👏👏👏👏👏.
Miniature Ministry of Finance
1 Laksh salary only manager level this budget not below low class people need reduce petrol price, gas price daily commoditys
Thanks for calculator and Information, Sai garu .
Thank you for your efforts. Is NPS contribution by employer which is upto 14% in New regime and upto 10% in old regime of Basic Salary included in the sheet ?
Please consider capital gains tax as per the new regime. So that we can straight away choose new
Yes, bro, I have been following your channel. the channel provide genuine information
So nice of you andi
Thanks for your valuable efforts 👏
Doesn't NPS deducted from employer should be considered in new tax regeime ? Please Correct me if thats not the case
New tax regime lo ippudu home loan deduction advantage undha sir??
Hi Sir,
Ee kottha regime valla maximum andaru new regime ki shift aipotharu kabatti, what do you think will be its impact on the ELSS funds?
Fund managers veeti meeda ekkuva interest chupinchakapovachu kada?
Budget lo unna oopu, eroju sai anna lo kuda kanipistundi. Manchi josh lo unnaru video mottam 😂
Sir, meru new tax regme cal lo nps include cheyaledu enti?
Recent days lo intha energetic ga chudaledu anna mimmalini 😁
Thank you sai bro and Mp team, Mimmalni chusinappudalla oka Positive vibe vasthuntuntundhi
HRA EXEMPTION IS DIFFERENT FROM 80GG DEDUCTION. PLEASE NOTE THAT.
Thanks for the quick video, i have doubt regarding New tax slab about NPS (2 lacs) applicable or not, if so can get tax exemption till 14 lacs, please clarify
NPS from Employer is tax exempted. Its not considered in the video. Also the Interest amount for Housing loan @moneypurse
@@svsprajand also travel allowances exempted.
Thanks Sai garu, hope this budget will help startups and more small businesses
Nps deduction is also applicable in new tax regime, can save more
Sai garu is there any tax exemptions or decrements for health insurance premiums
Tax Calculator does not add surcharge 10% on tax if taxable income on and above 50 lacs ( inclmarginal tax relief) after that 4% cess will be added
Your energy is reflecting in your voice anna
Anna
Savings ane thing ni middle class family complete ignore chestharu ga.. because each penny left at monthend will use unnecessarily as the 80c bought to inculcate savings intl those family right
Very good efforts. Comes below 12 lakhs income slab.❤
Electrifying Energetic Video.
Thanks for the information, as usual great info.
You are very very excited anna... didn't see you like this before 😉
Full Josh lo unnaru Sai Garu 😊
Continue only Term insurance and health insurance.
Remaining LIC, home loan and etc to be discontinued, as there is no benefit in paying lot of loans & interests.
I constructed home for getting the tax benefit and now i decided to sell.😅
Sai garu there seems to be a bug in the sheet. For 12 L it shows 0 tax as per new regime even in the before budget section. And my salary is 13L. It shows that i will pay more tax after the budget. 😮😢😭
Excel sheet lo bug la anipistundi endukante 13 lakh income unte…standard deduction 75000 tisina tarvatha
total taxable income 12,25,000.
so ippudu 0 - 4 lakh 0%. - no tax
4-8 lakh. 5 % - 20 thousand
8-12 lakh. 10 % - 40 thousand
12-16 lakh. 15 %. - so rest 25000 ki 15% tax ante 3750
So total tax pay cheyyalsindi. 0+ 20000+40000+3750=63,750
Plus 4% cess add chesthe total 63750+2550=66,300
So total tax amount 66300 kada avvali.
Kani excel sheet lo 12-16 lakh slab ki migilina 25000 ki kakunda mottam 4 lakh ki 15% tax kattali ani chupistundi ante 3750 kakunda 60000 ani chupistundi
Appudu total tax payable 0+ 20000+40000+60000=1,20,000 avtundi
Appudu total tax 120000+4% cess = 124800 avtundi
So evaraina confirm chestara 66300 or 124800 edhi correct tax amount 13 lakh ki?
124800 is correct. Gross Income within 12 lakhs NO TAX. If it's 1200001, NO TAX BENEFIT.
Nenu ee month ey below 12 lakhs slab nunchi above 12 lakhs slab ki vacha 🥲
What about the sur charges ? Any changes in budget, can you please explain, sir
Kindly let me know, can we avail LIC and HRA under this new tax bill. Thank you in advance.
More than 12 lakhs, but still this is a big relief. Not expected this from FM
thanks alot sai anna for sharing excel sheet
Today announce chrdina tax slabs ipudu applicable or next year tax paying ka?
Thank you sp much for your inputs-not able to download Tax calculator in whatspp channel-pls guide
Really hats off you sir for your efforts