Hello Nanba! Hope you Liked this Video To protect yourself and save Tax Buy Term insurance and get up to 10% Discount 👇🏻 tinyurl.com/356x6zhy Buy Health Insurance and Get up to 25% Discount 👇🏻 tinyurl.com/yaee2dee ELSS Video : ruclips.net/video/VLY7eGwaLoE/видео.htmlsi=L4KwjALQ5Ox6EohN Term Insurance Complete Guide : ruclips.net/video/1h32kpWYNA0/видео.htmlsi=a-rhVsDSbRt0acRu Health Insurance Complete Guide : ruclips.net/video/10dtylOgPn0/видео.htmlsi=wJrcCuOia15nAaDw
7:52 bro ungaluku therlana full la research panni pannunga or therinja CA yartaiyathu ketu pannunga... Car la lam input tax claim pannna mudiyathu even if you do business.. oru visayam solrathuku munnadi adha padinga.. illa enakku gst la irukura law language puriyala na experts and professionals irukanga avangalta kelunga..
Simply Super. Rich people always become rich. Middle class people become poor. As you said only 5 to 7% people only paying tax, rest of the people NO. Among them 4 - 6% only from middle class. Is it the Government tax system is best or worst?
Nice video Bro, just one correction, even if you have GST number and using car for business. You can't claim GST, it comes under 'Blocked credit'. If we take ITC of new car we will get notice and have to pay back with Fine and interest. You can show it as asset in balance sheet and claim depreciation though.
Long waited and most searched topic by me. Finally found one apt video with all info. Could be better if taken an example with respect to New tax Regime.
7:47 Yes... idhukku oru live example youtube layea irukku... a2d channel oda pc-doc nandha bro apple vision pro va avaroda company tax account valiyaa thaan vaangunaaru...GST oda sendhu 445,000 lakh... but business expensive aa avar adha kaatunadhaala GST illaama tax benefit kidaicchadhu 🤔🤔🤔🤔🤔🤔🤔
7:55 : As per sec 17(5)(a):Blocked credit ->input tax is ineligible for transportation of persons, whose approved seating capacity is less than 13 persons, including driver.Hence we can't claim itc for purchase of car even if it used for business purpose!! Exception: 1.Where it is purchased for further sale. 2.If It is used in the driving schools. In these cases we can claim itc. Clarify if I'm wrong..
Yes for a Car it is the case, the points you have mentioned are correct But, if it is used for the transportation of goods, a GST input tax credit can be claimed. Let's say you run a retail shop and supply or deliver a few things here and there for your customers, or use it for internal transfer of products from one shop to another they are getting an input tax credit for that in some cases. Moreover, there are other benefits like 1. Car can be considered as an asset of the company 2. Loan interest on your car can be shown as an expense 3. we can claim depreciation 4. Mention all the petrol and maintenance expenses as business expenses So anyhow it is better to buy it in the name of the company than buying it as an individual
Video is nice,Regarding the GST credit on car cannot be claimed even it is used for business purposes. Only claim depreciation on gst amount. Itc can be claimed only for driving school.
In 80C PF is also covered so if PF in CTC is 25,000 you can minus 1,50,000 - 25,000 which is only 1,25,000 you have to invest. And PF increases once you move up the ladder. Also NPS 50,000 can be claimed seperately which is in 80ccdb I guess. Medical insurance 25k for personal and 25k for parents if non senior citizen or 50k for parents if senior citizen. Total 80C - 1,50,000 80D medical insurance - 50k or 75k NPS - 50,000 Standard deduction - 50k. This is max we can claim . Rest home loan, LTA depends on person.
Excellent video. For this you say we can't blame government. But if government thinks they can help. Government can give some benefits to tax payers who file ITR only. In that case the number will be less and easy to manage. But government will not do it
indha information theriyama tha lot of people income tax pay panna ma matikuranga thats why education is most important thank you so much for the most valuable content bro
We are paying income tax and also paying GST for both state and cental Govt. for every purchase And also we are getting 7% interest and paying 30% income tax for the FD investment. Nearly 50% of our earning goes by way of tax to the Government
தி ஆக்டிவ் டிரேடர் கிளப் - தமிழ் SEBI REGISTER RESEARCH ANALYST நான் ஸ்டாக் மார்கெட்டிற்கு புதிது முதலீடு செய்ய அதை பற்றி தேடி பார்த்தேன் அதில் தி ஆக்டிவ் டிரேடர் கிளப் எனக்கு கிடைத்த வரம் நான் அதில் ஸ்டாக் இன்வெஸ்ட்மென்ட் சம்மந்தமான கோர்ஸ் படித்தேன் மிகவும் நன்றாக உள்ளது .
PF deduction also comes under 80c , so over and above you have less capacity for savings under 80c , government should increase the bracket from 1.5 lacs
check out other videos from the channel : ruclips.net/video/cjRH0rQlYm8/видео.htmlsi=tTIOYemcPyGvRrIw , here we explain how to get proper money mindset
I think for middle class, no more deductions are possible as per new regime. Old regime will be completely removed. So let's not dream on any tax savings other than tax slabs. Due these things, ELSS do not have any more advantage. It will be like any other normal MF which will attract Short term and long term capital gain taxes. Unfortunately, common man is loosing his advantages and not getting any premium benefits due to all these taxes like in western countries. No roads, no insurance without tax, no health and no good/proper/lesser price education.
Corporate taxes ellam 22% to 15% reduce pannthula common salaried people ku IT paying la burden pannrnaaga...!! Make a video about corporate tax reduction in 2019.
If someone earns more than 15 lacs a year, he will pay less tax under new income tax scheme than under the old one. Even after adjusting 80c, 80d and including full hra exemption under old scheme.
Bro new rules if you are Indian. Even though you are not an ordinary resident of India and earn any income in Dubai you must pay tax to this Indian government.
Bro ,car tax is a wrong information , white board cars ku nama gst claim pana mudiyadhu as a business person ah soldran nama company name la yellow board vehicle matum dhan nama gst claim pana mudium namma personal use ku vangura car claim pana mudiyadhu😢
Driving School, Transportation of goods ku claim panalaam . Moreover, there are other benefits like 1. Car can be considered as an asset of the company 2. Loan interest on your car can be shown as an expense 3. we can claim depreciation 4. Mention all the petrol and maintenance expenses as business expenses So anyhow it is better to buy it in the name of the company than buying it as an individual
Policy bazar waste.. i paid my premium but active ae aagala.. health checkup.als.completed.. and finally i withdraw my plan.. waste of time.. back to back call from different persons for the same documents which i provided them so many times.. irresponsible and lethargic team they have to support...
Bro oru doubt, sec 80c padi 1.5 L allowed na. 1.5 L elss la investment panitana meethi irukura amount ku matum tax katanuma bro. For example , yearly 12 L earn pana . Athula 1.5 L elss poga. Other 10.5 L ku matum tax katanuma. Please response
Income tax calculator la values enter panuga Correct aana amount kedaikum, oru oru slab ku oru oru percentage amount calculate panuvaanga, there are 2 variants like old and new regime so calculate from here : eportal.incometax.gov.in/iec/foservices/#/TaxCalc/calculator
Yes bro 10.5L ku tax kattanum ana athla slab irukku 5L-7L ivalo percentage irukkum 7L-10L ku ivalo percentage irukku.. neenga rendu percentage ku sethu tax kattanum. Old tax regime slab nu search panna ongalukku idea kedaikum
For driving school , sales and transportation of goods you can claim, but for other purpose gst cannot be claimed but you can get others benefits like depreciation, expenses consideration etc
Hello Nanba! Hope you Liked this Video
To protect yourself and save Tax
Buy Term insurance and get up to 10% Discount 👇🏻
tinyurl.com/356x6zhy
Buy Health Insurance and Get up to 25% Discount 👇🏻
tinyurl.com/yaee2dee
ELSS Video : ruclips.net/video/VLY7eGwaLoE/видео.htmlsi=L4KwjALQ5Ox6EohN
Term Insurance Complete Guide : ruclips.net/video/1h32kpWYNA0/видео.htmlsi=a-rhVsDSbRt0acRu
Health Insurance Complete Guide : ruclips.net/video/10dtylOgPn0/видео.htmlsi=wJrcCuOia15nAaDw
😊😊😊😊😊😊😊😊😊😊😊0😊😊
Bro Broke Millennial book ka pathi podhunga
Shut up! Don’t spread false info
7:52 bro ungaluku therlana full la research panni pannunga or therinja CA yartaiyathu ketu pannunga... Car la lam input tax claim pannna mudiyathu even if you do business.. oru visayam solrathuku munnadi adha padinga.. illa enakku gst la irukura law language puriyala na experts and professionals irukanga avangalta kelunga..
More videos needed for saving tax
Yes need
Simply Super.
Rich people always become rich.
Middle class people become poor.
As you said only 5 to 7% people only paying tax, rest of the people NO. Among them 4 - 6% only from middle class. Is it the Government tax system is best or worst?
Nice video Bro, just one correction, even if you have GST number and using car for business. You can't claim GST, it comes under 'Blocked credit'. If we take ITC of new car we will get notice and have to pay back with Fine and interest. You can show it as asset in balance sheet and claim depreciation though.
For Cellphone we can claim
@@irawsheham656 Yes, we can claim
Long waited and most searched topic by me. Finally found one apt video with all info.
Could be better if taken an example with respect to New tax Regime.
7:47 Yes... idhukku oru live example youtube layea irukku... a2d channel oda pc-doc nandha bro apple vision pro va avaroda company tax account valiyaa thaan vaangunaaru...GST oda sendhu 445,000 lakh... but business expensive aa avar adha kaatunadhaala GST illaama tax benefit kidaicchadhu 🤔🤔🤔🤔🤔🤔🤔
Input tax credit on car is blocked neenga business nu kamichalum car la input tax claim panna mudiyathu it is a blocked credit as per section 17
Anna video neraya potu na ...idaila romba naala kanom..unafollow pani sila visayam en life la change paniruke thanks na❤
7:55 : As per sec 17(5)(a):Blocked credit ->input tax is ineligible for transportation of persons, whose approved seating capacity is less than 13 persons, including driver.Hence we can't claim itc for purchase of car even if it used for business purpose!!
Exception:
1.Where it is purchased for further sale.
2.If It is used in the driving schools.
In these cases we can claim itc.
Clarify if I'm wrong..
Yes for a Car it is the case, the points you have mentioned are correct But, if it is used for the transportation of goods, a GST input tax credit can be claimed. Let's say you run a retail shop and supply or deliver a few things here and there for your customers, or use it for internal transfer of products from one shop to another they are getting an input tax credit for that in some cases.
Moreover, there are other benefits like
1. Car can be considered as an asset of the company
2. Loan interest on your car can be shown as an expense
3. we can claim depreciation
4. Mention all the petrol and maintenance expenses as business expenses
So anyhow it is better to buy it in the name of the company than buying it as an individual
No even if you using the car for delivery of goods in ur retail shop u can't claim ITC
உங்கள் பதிவு அழகாகவும் நிதானமாகவும் அனைவருக்கும் புரியும் வகையிலும் உள்ளது..... எனது மனமார்ந்த நன்றிகள் 🙏
Very useful .. well used platform...tanq
Video is nice,Regarding the GST credit on car cannot be claimed even it is used for business purposes. Only claim depreciation on gst amount. Itc can be claimed only for driving school.
Highly informative video. Great work 👍
Fantastic job, mate! The information presented in this video is spot on....
In 80C PF is also covered so if PF in CTC is 25,000 you can minus 1,50,000 - 25,000 which is only 1,25,000 you have to invest. And PF increases once you move up the ladder. Also NPS 50,000 can be claimed seperately which is in 80ccdb I guess. Medical insurance 25k for personal and 25k for parents if non senior citizen or 50k for parents if senior citizen. Total 80C - 1,50,000
80D medical insurance - 50k or 75k
NPS - 50,000
Standard deduction - 50k. This is max we can claim . Rest home loan, LTA depends on person.
Wonderful video ✨ but need more grounded version
Your RUclips channel very vey supporting for many peoples
Excellent video.
For this you say we can't blame government. But if government thinks they can help. Government can give some benefits to tax payers who file ITR only. In that case the number will be less and easy to manage. But government will not do it
Thanks for sharing useful info as simple as possible
நீங்க சொன்ன விஷயத்ல மிக முக்கியமான விஷயம் விவசாயியாக மாற சொன்ன விஷயம் தான்.
Very useful information about Tax savings Super tips bro this video motivation also young entrepreneurs Thank you ❤👌🙏💐
Very informative and clear explanation
Thanks for good guidance
Really it's very useful and new information to me thank you
More Videos Need More About Tax Savers
For Entrepreneurs!!
Please add NPS additional 50000 / - along 80c . Very informative overall- good job.
Super friend you are doing great.
Very useful information with excellent presentation 👏👏👌
nice bro. You shared lots of information.
Thanks bro much required help.
Thematic mutual funds ku oru video podura bro 👍
Very Informative video.
Super information bro. Thank you
Thank you so much Brother 🙏🙏
தகவல்களுக்கு நன்றி
indha information theriyama tha lot of people income tax pay panna ma matikuranga thats why education is most important thank you so much for the most valuable content bro
This video is more helpful for me
Valuable information
We are paying income tax and also paying GST for both state and cental Govt. for every purchase
And also we are getting 7% interest and paying 30% income tax for the FD investment. Nearly 50% of our earning goes by way of tax to the Government
For FD only 10% we pay as tax
simply super
Your video is highly informative and engaging… which app are you using to create this video my friend?
Super 👌 more videos to save tax
Excellent video ✌
I understand in more tips bro
Thank Anna 🙂
Good information bro
தி ஆக்டிவ் டிரேடர் கிளப் - தமிழ்
SEBI REGISTER RESEARCH ANALYST
நான் ஸ்டாக் மார்கெட்டிற்கு புதிது முதலீடு செய்ய அதை பற்றி தேடி பார்த்தேன் அதில்
தி ஆக்டிவ் டிரேடர் கிளப் எனக்கு கிடைத்த வரம்
நான் அதில் ஸ்டாக் இன்வெஸ்ட்மென்ட் சம்மந்தமான கோர்ஸ் படித்தேன் மிகவும் நன்றாக உள்ளது .
Understanding law is everything
Career guidance video podunga
Super sir
Super ❤
NPS Tier 1 will make additional 50K savings 80CCD (1B).
Excellent
Vera level bro🎉
very informtive
Very useful video bro
Excellent video
Nanba trust ah use panni tax deduction yeppidi pandrathu nu podunga bro
PF deduction also comes under 80c , so over and above you have less capacity for savings under 80c , government should increase the bracket from 1.5 lacs
But govt plan is to abolish old tax regime itself 😂
@@vividguy86 yes in two year new regime will be default and only option , youngsters will not save any money 😀
I didn't see this video 20 years back, I paid a hell lot of tax and exited out of India !!!!😭
Very nice
Educating people in Money matter is good, but it should not create fear in people. Educate people in proper money mindset.
check out other videos from the channel : ruclips.net/video/cjRH0rQlYm8/видео.htmlsi=tTIOYemcPyGvRrIw , here we explain how to get proper money mindset
@@almosteverything TRAP is very worst word and create fear among the middle class.
Correct tha nanba....🎉
Who's the rich next to dhoni in thumbnail.
shah rukh khan daughter
Itha pathi oru course launch pannaunga anabha
Useful bro
Needed one🎉🎉🎉
Hope it was useful
ageless body timeless mind book review poduga nanba
I am the one. I love this video.
Sir thinking fast and slow ithula confirmation bias patriii video ithanala en friends big help paga irukkum 😢😢😢😢 please
I think for middle class, no more deductions are possible as per new regime. Old regime will be completely removed. So let's not dream on any tax savings other than tax slabs. Due these things, ELSS do not have any more advantage. It will be like any other normal MF which will attract Short term and long term capital gain taxes.
Unfortunately, common man is loosing his advantages and not getting any premium benefits due to all these taxes like in western countries. No roads, no insurance without tax, no health and no good/proper/lesser price education.
New tax regime and old tax regime pathi sollungo bro
Ping me bro
Good video
Tq sir
Corporate taxes ellam 22% to 15% reduce pannthula common salaried people ku IT paying la burden pannrnaaga...!! Make a video about corporate tax reduction in 2019.
If someone earns more than 15 lacs a year, he will pay less tax under new income tax scheme than under the old one. Even after adjusting 80c, 80d and including full hra exemption under old scheme.
Passenger vehicle GST Tax can’t able take input tax credit !
It’s ineligible ITC
Can you post a scheme based on the new regime?
Earning kku tax ye thappu. Athan namma use panra yella thukum tax vanguranunga apram salary kku yethukku tax.
Ithu valipari, kappankatruthu.
வேளாண்மை நிலத்தை தனிமனிதர் பெயரில் வாங்க வேண்டுமா? இல்லை நிறுவனம் பெயரில் வாங்க வேண்டுமா?
More videos needed for phone addction
Loots is happening in India in the name of Income Tax 😢😢😢😢
Nice
First view ❤
Bro new rules if you are Indian. Even though you are not an ordinary resident of India and earn any income in Dubai you must pay tax to this Indian government.
Bro ,car tax is a wrong information , white board cars ku nama gst claim pana mudiyadhu as a business person ah soldran nama company name la yellow board vehicle matum dhan nama gst claim pana mudium namma personal use ku vangura car claim pana mudiyadhu😢
Driving School, Transportation of goods ku claim panalaam . Moreover, there are other benefits like
1. Car can be considered as an asset of the company
2. Loan interest on your car can be shown as an expense
3. we can claim depreciation
4. Mention all the petrol and maintenance expenses as business expenses
So anyhow it is better to buy it in the name of the company than buying it as an individual
Please create passive income video
Video okay but thumbnail than Konjam parthu podunga Dhoni engae thala
I do have agricultural land and income from farming is not tax exempted as per my auditor. I declare agriculture income and pay tax for it.
Agriculture income is fully exempted from tax
@@savvyartist_ I have checked with two different auditors agricultural income is taxable as per your tax slabs
❤❤❤❤aww
Anna
Editer ❤
Always monthly salary people ku naamam than 😢😢😢
Policy bazar waste.. i paid my premium but active ae aagala.. health checkup.als.completed.. and finally i withdraw my plan.. waste of time.. back to back call from different persons for the same documents which i provided them so many times.. irresponsible and lethargic team they have to support...
Put some video for exam motivation
Bro study's video pooduka pls 🥺🥺
My self paid 160000;without any reason,retired 70 year person
Can u tell me ur details sir.. can u contact me
I hope old regime income tax will expire soon
Govt is thinking that you're earning then pay taxes in new regime income tax.
Bro oru doubt, sec 80c padi 1.5 L allowed na. 1.5 L elss la investment panitana meethi irukura amount ku matum tax katanuma bro. For example , yearly 12 L earn pana . Athula 1.5 L elss poga. Other 10.5 L ku matum tax katanuma. Please response
Income tax calculator la values enter panuga Correct aana amount kedaikum, oru oru slab ku oru oru percentage amount calculate panuvaanga, there are 2 variants like old and new regime so calculate from here : eportal.incometax.gov.in/iec/foservices/#/TaxCalc/calculator
Yes bro 10.5L ku tax kattanum ana athla slab irukku 5L-7L ivalo percentage irukkum 7L-10L ku ivalo percentage irukku.. neenga rendu percentage ku sethu tax kattanum. Old tax regime slab nu search panna ongalukku idea kedaikum
Loan epdi ketalum koodukranga ithuku ethuku IT FILE PANITU
bro Government employees of both State and Central governments will be exempted from tax.
no
Car gst can get as a input credit???
For driving school , sales and transportation of goods you can claim, but for other purpose gst cannot be claimed but you can get others benefits like depreciation, expenses consideration etc
Which tax regime has 30 to 40% tax for Rs. 10,00,000/-…?