How to calculate income tax in New Tax Regime | FY 2024-25
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- Опубликовано: 4 май 2024
- How to calculate income tax in New Tax Regime
5 Steps to calculate income tax
1. Identify income sources
2. Calculate exemptions and deductions
3. Calculate Net Taxable income
4. Calculate Tax as per tax slabs
5. Finalize tax - apply CESS, Surcharge, Rebate
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thank you sir
BRO, YOUR VIDEOS ARE VERY CLEAR AND INFORMATIVE. PLEASE GIVE ONE VIDEO FOR HUF TAX CALCULATIONS 2024-25.
❤❤❤ super
Can you please tell me if we have to take the gross or net price (including brokerage charges) of shares both in purchase and sale in the contract note while calculating caputal gain. A video in this will be helpful.
Clear explanation, Thanks bro. NPS and EPF employer contribution irukra maari oru example potrundha inum better ah irundhurkum. Actually unga video paathu dan new tax la indha deduction irukune therinjukten. Standard deduction 50k thavira vera edhum kedaiyathu nu nenachen. Thanks bro
Yes. Will do a separate video on tax savings in new tax regime. Adhula poduvom.
Thanks bro. Waiting
Practically namma gross salary oda employer contribution ah income ah add panna than employer contribution exemption irukum.. neraya office la employer contribution ah income la edukarathu illa sir
Hi Bro, Can you please post a video about tracking all the investments like SSY,NPS,PPF, MF, and stocks using Google Sheets?
Sir, Excellent video, very good explanation.
Sir, pls make video for senior citizen (Pensioner) under new tax regime
Sure
Is there any tta, ttb exemptions for deposit interests in new regime
Bro oru return file pani katuga forms la enna enna updates vandhu iruku nu ... Indha year la neraiya updates vandhu iruku bro neraya confusions iruku
Where is rent of house property letout you have claimed interest paid on let out property but no mention about interest income on let out property.
Is monthly LIC refund amount from LIC jeevan Nidhi policy taxable
How to calculate senier citision
Why Government withdrawn the ceiling limit in incometax for senior/ super senior citizen
Bro indha tax calculation formula kidaikuma
Sir, I am a taxpayer but last two years no income and nil balance, so I pay the income tax , please give me answer sir
Under new regime, apart from standard deduction any other option available for reducing taxable income
Its mentioned in the video
Default mean meaning Tamil enna vaethai sollungaal
Bro, new regime exemption pathi detailed ah oru video podrinkla
Ok
Bro
Credit card payment upi
ais 1038036/- tax payment
Bro I do trading from stock market
Is That profit is considered to our gross income ??
If not, then how to show that income from trading while filing ITR and what's the tax slab details for that ?
Please explain.
Yes.. under stcg and ltcg taxable..
@@thinkingtamizha007 is it covered under gross income and tax is applicable as per old or new regime tax slab??
If u r trading.. then it is income from business.. net profit mattum than gross taxable income la add agum
Salaried people who earn money from the intraday stock exchange or futures and options trading should file Form ITR-3. Individuals may use ITR-3 to record revenue from jobs, real estate, capital gains, company or trade (including presumptive income), and other sources.
Hi bro.. Both employer and employees contribute towards employees provident fund.. So in new regime both employer and employee contribution towards EPF are non taxable right?. Or just employer contribution towards epf?.. Bit confused here
Only employer contribution
Bro I understand but one doubt if employer PF contribution irundha adha calculate pananuma pana kudatha bro
Pannanum
You haven't included the rent in income
Hello
Sir...net taxable income..15,29,400...new regime calculation amount..tax Rs..165173 only.
E filling time IT Department...calculated..2,82,173...? Reason.
They wd have used old regime as you might have selected old regime
For second person, tax upto 7 lakh has to be deducted,while computing tax.
Cant understand ur comment
Hello bro in old tax regime.2 lakh nan kanaku katanum 1.80 lakh katiyachu. remaining 20000 kanaku kata mudiyala.my doubt anda 2 lakh calculate pani tax pudipangala ilana anda remaining amount 20000 ku calculate pani pudipangala.pls explain about this bro
2 lac under which sections?
@@thinkingtamizha007 80 c
Up to 1.5L tax calculate panna maatanga
Unga full details send pannunga.. naan venna solution solran. I am a tax consultant
Sir marginal rebate explain pannunga sir
Will do
Hai sir.. please make a video for 2500000 lakh tax strategies..
25,00,000 lakhs na kandipa new regime than.. even if u have housing loan
@@venkateshabalajibalan2706new tax regime holders tax file pananuma?
2,50,000 is basic exemption list athuku mela irukara ellarum tax return filing pannanum
@@venkateshabalajibalan2706 Oh okay, Thanks brother
Can you explain why
Sir if my crypto profits is 75 lakh ,,what is the tax payable??
Ramesh ku en deduction panala.....ppf and insurance?
Because new tax regime la ppf and insurance claim pana mudiyadhu bro
Marginal relief rebate oru video podunga please
Ok
Is family pension a taxable income.
Yes
New tax regime holders need to file income tax ??
Yes
@@thinkingtamizha007 If I income tax return, Can I get the TDS amount😅or nothing can get amount?
Depends on your tax slab and tax calculation
@@thinkingtamizha007 How can I contact you
7 lacks 2000 salary sir tax varuma
U mean 7,02,000 salary? Right
@@nandhuandsteve yes
@@sjohnaugustinh7608 Any deduction like pf Nps or housing loan interest ungaluku illana tax varum bro
SD 75000
That is based on yesterday's update from Budget speech
Till 7 lakhs no tax?
Yes