Govt ne good step to liya h but or b department h jha corruption h usmy b changes Krny chahiye...faceless vali facility passport apply krty h usmy b krni chahiye....pasport office me bhi bhot corruption h .....ghar me officers aty h verification k liye to bina money liye kaam nhi krty h ....chahe apke documents proper ho ya nahi ..unko chai Pani k liye chahiye hoty h....even they have earning 70k to 80k from govt salary....shame on them...
jo already tax pay kar rahe hai, Govt unko aur chus rahi hai...agar 1.5 cr log se 10-30% ka tax lene ke bajay, agar 10 crore se 5% bhi tax le to Govt ko paise bhi jyada milenge aur taxation ka sara bhoj hum middle class salaried logo se thoda kam ho jayega...
@@Bharat-se8ib are o bhai... income tax sirf 1.5 cr log dete hai... baki taxes bhi hote hai sab log pay karte hai... aur per-capita net national income 2019-20 saal ka Rs.135030 hai... 5 lakh tak no tax... tumhara income jyada hai isiliae tax dena padega... nahi dena toh below 5 lakh kamao... aur jyada kamana hai toh taxes pay karo... par udo mat jyada... taxes sabhiko dena padta hai.... directly n indirectly...
@@prasadcnavale Dhanya ho tum aur tumhari samajh..Yaha mai sirf direct tax ki baat kar raha hu...aur tumhe kya lagta hai ki sirf 1.5 Crore log hi 5 lakh upar paate hain??...mere kehne ka matlab hai ki 5 lakh se 10 lakh tak kamane wale ko ausatan 10-15% uski income ka tax dena padta hai...yahi dayra 1.5 crore se badh jaata agar baaki log bhi imandari se tax dete, us case me sarkar ko achha income bhi hota aur yeh 10-15% wala tax 5% kar dete to bhi fayede me rehte...ab is se saral tareeke se nahi samjhaya ja sakta...
I am ok with paying taxes, I work for private company. But govt is just collecting tax from me but not offering any security or any pension in case if my job is lost. I think govt is squeezing middle class for taxes and giving subsidy to others
Everyone gets subsidy in one form or the other - yes even you, the average middle class person. Using public funds to give subsidy to the poor and alleviate poverty isn't a bad thing. Its part of the concept of a welfare state. And btw, if you buy a packet of biscuits costing Rs 10 and a beggar buys the same packet, you both pay the same % of tax. Just think about that as well. Everyone pays taxes - either directly or indirectly. That being said, I relate and understand your frustration with the government.
Govt. Lacks innovative, sincere and honest employees in Revenue dept. Income tax should be abolished. The reason for less tax collection is 1. Due to complex process and complex compliance rules. 2. Zero tax on agricultural income and powerful people knows how to evade tax illegally. 3. Favouring rich people over poor people. When monetary benefit given to rich, it is called incentive and when given to poor, it is called subsidy !!! We need big reforms in Finance and payment cycles to increase indirect taxes and abolish income tax up to reasonably high level to remove more than 90% out of tax net. 4. Ever increasing gap between rich and poor. Govt policies favour rich people in such a way that it creates unhealthy competition and small biz people suffers.
Exactly. This govt. is running for the benefit of rich people. Huge bad loans of rich people are being written off by public money from PSU banks. Honest taxpayers are being harassed with complex processes. Poor people are not getting any benefits of taxes paid by us and rich people are getting their loans written off. Absolutely pathetic.
Absolutely right our taxation system only exploits the salaried, only brings more check for them but big businesses, local business vendors , all showing agriculture income not paying even a single rupee as taxes this is completely wrong governance and really taxes are torturing the salaried and mostly private jobs one who get nothing from the govt anyways they might have few good years this govt is the worst ever
Fine sir so many initiatives, many more rules & amendments for an average tax paying Indian citizen, how come the vast majority are managing not paying taxes,,, looks like studying, topping exams, getting a job, earning good salary, spending responsibly, saving and investing carefully is a punishable offense in this country 🙏
@@umanair7749 you are so right keep paying taxes but if you lost your job, or need medicine oxygen money for any ailment or money for your child education expect nothing just pay taxes to build stuff to pay even more indirect taxes ridiculous face inflation everything but expect nothing they will not offer jobs or create work but use your tax money to build big buildings or buy planes or distribute that money during elections to poor to get votes
@@varungupta2610 one way or the other some kind of digital footprint will be left by these people as breadcrumb for authorities to investigate. That's more than enough. Investigation will lead to chain of transactions even if it is offline.. after all someone down the line will withdrew money frm bank fr such transactions.. one way or another.
bhai lekin ye sab laws to naukri karne wale middle class aadmi ko pareshaan karne ke liye banate hai.. jo imaandar tax payer hai.. jiski salary se TDS pehle hi kat jaata hai uske liye govt. kuch nahi karti
Individual's contribution to revenue dept was highest in the last year among other sources of revenue. Hence, they are not looking for welfare of it's people, it's only looking to somehow enforce more stringent ways to ensure that this revenue doesn't fall.
@@sourabhpahimam7376 absolutely they are only trying to put more stringent laws to already honest salaried tax payer who anyways cannot hide anything but this third class govt forget about giving anything in return they are putting much more pressure
Sir, all the steps raised by govt. are welcome .... Simultaneously to increase the govt. revenue .. Govt can ask all MPs and MLAs to pay their own TAXes by themselves .. instead of the govt should pay their taxes ... Hope this suggestion may increase the revenue multifold ...
Doctors are still the soft targets of tax dept and the pubic bashing/beating. I will be more happy for Lawyers who in collusion with judges keep dragging the cases and keep charging the clients.
वकील जज इनके लिए संविधान में कोई प्रावधान, अनुच्छेद ही नहीं है कि, प्रति केस कितना मूल्य लिया जाना चाहिए !! जो मन में आया उतने पैसे लूटने लगते है। काले कपड़े पहन कर काले धंधे में लिप्त रहते हैं। कानून का मजाक बना कर रख दिया है, मानो पैसे देकर कोई संविधान का मेला लगा है !! ग्राहक बेचारा पैसा दे दे कर मर जाता है या रास्ते पर आ जाता है।🙄
ACTUALLY SPEAKING TAX PAYERS ARE THE PERSONS MOSTLY SALARIED PERSONS, WHO HAVE NO ESCAPE. JAI HIND. HOWEVER, THE PERSONS SAY 'JAI HIND' 24 HOURS AND ESCAPE FROM PAYING INCOME TAX HAVING CRORES OF PROPERTY WITHOUT HAVING ANY LEGAL SOURCE OF INCOME, ARE MAINLY POLITICIANS (EXCEPTIONS ARE VERY VERY FEW).
ऐसे ही तो रोजगार बढ़ेगा जब जनता को कठिन पहेलियां थमा दी जाएं ।कुछ उन्हें सुलझाने के लिए चक्कर लगायेगे कुछ होशियार बनकर उन्हें सुलझाने के फीस वसूलेंगे। जो बीच के है वो थोड़ी फीस खर्च करके थाली कटोरी बजाने वालो से प्रचार कराएंगे कि पहेली सुलझ गई।
The habit of filling income tax must be encourage from the student phase of 11-12th. And while being in college to. Itr filing must be include as a course in school and college.😎
Jai Hind. Thanks.What a politely explained useful information. This will prove a turning point of many more honest people who my be ignorant about such rules till now. Thanks alot sir.
जयहिंद, मोदी जी की सरकार प्रमाणिक करदाताओं के बारे में सोचने लगी है ये क्या कम है? चोर कोन्गेसने और इनके मंत्रीओ ने अबतक देश को लुटा इसका क्या? ७० साल का कचरा साफ करना और वो भी हमारे जैसे देश में कोई सरल बात नहीं है। देश ने हमारे लिए क्या किया ये सोचने से पहले हमने देश के लिए क्या किया वो सोचना ज्यादा जरूरी है। वंदे मातरम्, भारत माता की जय।🇮🇳💐🙏
It is unfortunate, since demonitisation the drama on ghost of tax evasion part has been kept on. ..main problem is non implementation of minimum wages and hike in real income of mass, . never being discussed on any forum.
Very nice intro.I am a retired tax payer with some investment in stocks.Your videos have cleared many of my doubts...A big' THANK YOU' for your efforts👌👌👌🙏🙏🙏
This is the first video of yours that I saw, and I liked the content and your style of presentation. I would like to watch your other videos. Keep up the good work.
गव्हर्नमेंट से भी जनता की अपेक्षाएं हैं। पुलिस से खतरा, गली के गुंडों का खतरा, डोक्टरों का खतरा और तो और सबसे ज्यादा पोलिटिकल नेताओं का भी खतरा, इसपर गव्हर्नमेंट कुछ भी करती दिखाई नहीं देती। RTI कानून क्यों बदला? खाने में मिलावट आम बात हो गई है, कंपनियां एम्प्लोई लूट रहे हैं। इस पर गव्हर्नमेंट कुछ करती दिखाई नहीं देती।
I am back after 7 months with some increased knowledge....now I can see that this is all about direct taxes....we can do all the tricks we want but government plays the upper hand by the Indirect taxes....it rips out all our pockets and we cannot do anything....everything is getting costlier by the time and we can't do anything but change the government......
Can you please create video on Advance Tax ?? Does Salaries People Falling Under TDS need to pay Advance Tax ?? For example If I declare exemptions and deductions in start of year and only pay taxes in last three montsh of Financial year ?? Does Interest is applicable for me as I falls in TDS category ??
Hello Sir...huge respect for you...🙌 I have a request... please make a video on how the middle income groups can save themselves for giving lots & lots of taxes...🤝
Simply liking, sharing and subscribing your video won't be a return favour to you guys. Your videos really helpful to thousands of working professionals
It's a good reform for government I hope two more re-forms for police and administration should pass For administration a IAS and a Private supervisor for all sign and authorization so For police he must interrogate a charged Person in a online live platform And thank you sir for best informative videos
this governments police is how to get more money out of common persons pocket by giving no service, by the way its one of the main reason for today's economic recession as common person has no money in his pocket no salary hikes, honest tax payers feels like fools because of that, it feels like diwali festival when we have to pay income tax. if some one has some knowledge about how economy works then he will know that such reforms could be more problematic for country, by the way JAI HIND
Agreed. Only middle class salaried persons are suffering. The Hawkers on the street are making 2000-3000 rupees every day but not paying taxes. The politicians making millions and not paying taxes. The country is heading for disaster for freebees to businessmen/Hawkers/farmers/ students/ industrialists.
Politicians ke pas koi business nahi phir bhi 4-5 years mein billionaire ban jate hein . Koi tax nahi, koi notice nahi, koi action bhi nahi. Ye to sirf middle class salaried persons ke liye hain. Wahi full tax pay karta hai aur phir bhi dar ke rehta hai.
Government want to know every penny a person is earning. But government is not opening up on every penny they spent ? How much toll is pending for particular road and how much is collected ? Totally corrupt tender allocation system in all government system. There Government will not bring transparency. Want to collect tax from all Indians living anywhere in Indian and aboard but they will not digitize voting so that every Indian can vote from any were in India and aboard. In Europe/USA - a taxpayer gets very good health system, insurance, quality education to children till 12th class, old-age-pension and old-age-health-insuarnce and job loss pay. What Indian get in return of tax - KICK. Indian tax payer are literally use and throw for Government.
Very good information & Right information 🙏 Thank you very much Sir 🙏 Always my favourite your Channel Labour law Advisor 🙏 RUclips best channel 👍👍👍 Labour Law Advisor .
@@mdalim7162 tumhi chutiya ho samjhe beta. Sabko pata hei PM ko esb pata nhi hota islya PMO or Finance Department hei jaha per UPSC pass hoke officers bante hei. Tum kase samjho ge flat Earth( chapti dharti) ke rahne wale🤣🤣.
More taxpayers should be identified by govt to increase tax amount and relieve burden on the 1.5 Cr tax payers. Also, happy to see that everything will be tracked online, which will help people like me to simplify my returns. Jai hind!
Govt should think on Population control, Honest tax r already paying taxes & should reduce on Subsidy on particular community but still govt focus on Vote Bank. Jai Hind
Bhai corruption and black money is the problem.. Ambani has enough money to provide food to all Indians for next 5 years.. Top 1 percent Kay pass hi saara paisa hai or rahega..
Nothing. If your profit is 1 lakh and your stocks are held for more than a year, then you can withdraw upto 1 lakh tax free. In case of short term, you have to pay 15% tax else incase of long term, 10% tax on profit exceeding 1 lakh. You have to declare your profits in your ITR
Apne jo bataya vo to theek hai. Lekin debt mutual funds mei jo short term capital gains hote hai unhe IT Assessing officer ko kaise inform kiya jata hai? STCG cams karvy dwara hota hai? Yadi haan to voh to Form 26AS mei reflect nahi hota hai. High value investments ke details hote hai. Lekin capital gains nahi. Apne kaha ki 10 - 15k ka bhi difference ho to notice ata hai. Lekin unhe to pata hi nahi hota ki Kitna capital gain ya loss huva hai. Form mei high values ke alava GAINS ki koi report nahi hoti hai. Please bataye ki kaise" profit ya loss from mutual funds " ki assessing officer ko jankari detail.mei milti hai ki nahi.
I am a general category lower middle class person, working in a private company. Things are worst for people of my class in this country. Obligated to pay some of the highest % of taxes. No job security, no pension security, unemployment security from government. No schemes dedicated for my upliftment. No reservations, no subsidy in fees. Highest competitive cut-offs in civil service exams. No laws protecting my dignity against verbal abuse, atrocities. its like my own homeland is trying to make me feel unproud and just make money off of my existence and give me nothing compared to other communities and classes of this society...
Sir watching your videos and learning a lot . But since I'm doing bsc in nautical science , I'm just 18 and going to Join a ship soon in few months . And I will be a NRI then . Please make a video on tax payment for NRI's .
Bro I am from CA if a person personalities in India for 182 days or more in previous year then he will be a resident but if you don't that you will be a non resident and only for Indian income will be taxable that is income wages earned in India throughe job in India or accrued in India
Good morning sirji Individuals are honest tax payers as income is dedicated at source. Hope govt is honest in spending the hard earned money of tax payer. Wanted to know, are political leaders liable to pay taxes on their salary/pension.
Being an internal person I know that how many cases will come into scrutiny because of this move These guys seems to be uploading nice videos but not today Manpower is very very low And not a feasible move in a country tax rates are still one of the highest in the world
Would you please make content on what the government doing for the taxpayer & what govt should do more? For what faith should I pay tax? As you told 1.5/130 cr only pay tax, then its a liability to 1.5cr. Except for air to breath & earth to walk, I almost paid for everything else, with absolutely zero benefits from the government. For calamities, they need donation, for COVID they need donations, for orphanage & old-age homes they need donation, for childcare, NGOs they need donations. Schools, Colleges, universities, hospitals almost everything chargeable for a taxpayer. Then what benefit the taxpayer actually getting for which he/she would be interested to pay tax? Don't the nation has a responsibility towards taxpayer?
We r paying tax to the government to enable them to recover NPA of Big Bulls like Malya, Neerav Modi and of the farmers whose loans are waived off to win elections. This would never change in India.
Thanks for the great insights. All I want is freelance accountant who can guide me online navigating govt portals. and assisting me in filling the returns. Where can I get such experts? (per hour consulting).
Sir, we pay health insurance premium of about 17k which is less than 20bk. This amount is not reflected in form for. 26AS. Can I claim this amount for deduction u/s 80D? Or will I get notice?
Out of those 1.5 cr paying taxes, how many must be actually contributing a substantial amount I wonder. Income tax is a very old and dated regime and it should be completely abolished just like modern economies of of the Middle east. Or if they can't do that, then put a flat tax on every one earning whatever, especially the agriculture sector
@@vivekpal1004 the entire world is run on fossil fuels buddy. At least some countries are passing on the benefits to their people and not just sucking them dry. Ask the people who are paying taxes through their noses.
Government employees like police department, revenue department, they are rolling with lots of money everyday every hour. There must be solution for this. Most of corruption happens because of this beloved BABUS. God bless india. Love n peace - INJ
Income tax department put an hold on some amount for my account, now I can not reach out to any tax officer for the corrections, tax department also replied me as they don't have any details or escalation matrix, what kind of power u were talking about?
Jis tarah se mehangai badhi hai us comparison me tax slab ko kyu nahi update Kiya jata...kab tak ye free me charge liya jaega...badhta hi ja rha..ek service me middle class jitna save nahi kar pata usse zyada tax de deta...
Can I alternate Tax Regime, while calculating my Income Tax? i. e. this year New Regime, next year Old Regime, again New Regime in third year and again New regime in fourth year, etc.?
Toh hum businessmen Mandir ka ghanta hai, pehle toh Loan ke liye chakkar kaatey, jab tak key jhuta na ghiss jaye, fir GST bhartey rahen, aur ab 1-1Rs ka hisab rakhtey rahe taaki srcutiny na ho jaye. Arey bhai itna hi honesty ka khayal hai toh pehle har ek politicians ke ghar pe scrutiny karwao. Agar itna hi humarey tax ki lalach hai toh, jao pehle har woh roads, Sadak theek karwao jisme hum tax payers chaltey hai, Give is medical facilities which we deserve at a nominal rate,, chodo yaar, I don’t wanna speak much. BC hum chutiye hai.
Fund hi fund BJP ke pass... 1.75LAKH crore RBI ka kidar gaya... nahi malum PM care fund mein kitna funds collect hua... nahi malum.... Make people poor that they don't have time to think against them... Ambani, Adani, nirav, malya sab ne lakho crore ka gafla karke gayab ho gaye... abhi sirf common man ko uski barpai karni pad rahi hai
They are like economy to ghate me h Now time to make poor, poorer. And give that money to some fraud so they can fly away. Increase tax on everything Just wait for the budget. :) Salary person be like : Salary kamane ka tax Road ka tax Petrol ka tax Khane ka tax Vacation ka tax Hotel , restaurant me tax Bas tax h tax😅🤗
बोलो,जो 2014 से पहले के भाषणों में अपनी सरकार आने के बाद टैक्स नहीं लगने की बात करता था वो अब इस जुगाड़ में है कि लोगों से ज्यादा से ज्यादा टैक्स कैसे वसूला जाए।
@SUNNY N gali de diya...khush hai...aapna standard baata diya. Jo bhi ho raha hai ... teere saath waahi deserve karta hai... Teere me aukat hai to PM baan ja...
@SUNNY N Kis desh ki sarkar tax nahi leeti. Aur yaha galat kya laaga ye baaata... Satya kuch bhi boolega to sahi .... Link manga hai...bass wo dhund raha hai...usse wo to milega nahi... Baketi maar maar raga tha yaha... Point pe discuss kaar...
Hax to Save Tax: www.taxplanningforsalariedemployees.com
💸DEMAT Account: link.lla.in/Demat
File ITR: link.lla.in/Tax
Jai hind... Please make video on SFT with detail analysis
Govt ne good step to liya h but or b department h jha corruption h usmy b changes Krny chahiye...faceless vali facility passport apply krty h usmy b krni chahiye....pasport office me bhi bhot corruption h .....ghar me officers aty h verification k liye to bina money liye kaam nhi krty h ....chahe apke documents proper ho ya nahi ..unko chai Pani k liye chahiye hoty h....even they have earning 70k to 80k from govt salary....shame on them...
Thanks, this step make you professional
Jai hind
Jai Hind
I do pay taxes honestly. But I feel betrayed. Govt just collecting more taxes from middle class.
jo already tax pay kar rahe hai, Govt unko aur chus rahi hai...agar 1.5 cr log se 10-30% ka tax lene ke bajay, agar 10 crore se 5% bhi tax le to Govt ko paise bhi jyada milenge aur taxation ka sara bhoj hum middle class salaried logo se thoda kam ho jayega...
@@Bharat-se8ib nhi
@@Bharat-se8ib are o bhai... income tax sirf 1.5 cr log dete hai... baki taxes bhi hote hai sab log pay karte hai... aur per-capita net national income 2019-20 saal ka Rs.135030 hai... 5 lakh tak no tax... tumhara income jyada hai isiliae tax dena padega... nahi dena toh below 5 lakh kamao... aur jyada kamana hai toh taxes pay karo... par udo mat jyada... taxes sabhiko dena padta hai.... directly n indirectly...
@@prasadcnavale Dhanya ho tum aur tumhari samajh..Yaha mai sirf direct tax ki baat kar raha hu...aur tumhe kya lagta hai ki sirf 1.5 Crore log hi 5 lakh upar paate hain??...mere kehne ka matlab hai ki 5 lakh se 10 lakh tak kamane wale ko ausatan 10-15% uski income ka tax dena padta hai...yahi dayra 1.5 crore se badh jaata agar baaki log bhi imandari se tax dete, us case me sarkar ko achha income bhi hota aur yeh 10-15% wala tax 5% kar dete to bhi fayede me rehte...ab is se saral tareeke se nahi samjhaya ja sakta...
Hum sabhi log bhut tax dete hain badle me govt utni suvidha nahi deti jitna hamse tax leti hai in form of direct or indirect taxes
I am ok with paying taxes, I work for private company. But govt is just collecting tax from me but not offering any security or any pension in case if my job is lost.
I think govt is squeezing middle class for taxes and giving subsidy to others
This has been going on for decades, why you crying now. People should have woken up in 1960-1980.
Yes I think so.
@@satish8437 everyone is paying taxes. Nothing special in that.
Everyone gets subsidy in one form or the other - yes even you, the average middle class person.
Using public funds to give subsidy to the poor and alleviate poverty isn't a bad thing. Its part of the concept of a welfare state. And btw, if you buy a packet of biscuits costing Rs 10 and a beggar buys the same packet, you both pay the same % of tax. Just think about that as well. Everyone pays taxes - either directly or indirectly. That being said, I relate and understand your frustration with the government.
You are absolutely right ,no incentive for paying income tax.
Whatever it is, but Electoral Bonds are anonymous. Well done PM ji. You rock.
Govt. Lacks innovative, sincere and honest employees in Revenue dept.
Income tax should be abolished.
The reason for less tax collection is 1. Due to complex process and complex compliance rules.
2. Zero tax on agricultural income and powerful people knows how to evade tax illegally.
3. Favouring rich people over poor people. When monetary benefit given to rich, it is called incentive and when given to poor, it is called subsidy !!!
We need big reforms in Finance and payment cycles to increase indirect taxes and abolish income tax up to reasonably high level to remove more than 90% out of tax net.
4. Ever increasing gap between rich and poor. Govt policies favour rich people in such a way that it creates unhealthy competition and small biz people suffers.
Exactly. This govt. is running for the benefit of rich people. Huge bad loans of rich people are being written off by public money from PSU banks. Honest taxpayers are being harassed with complex processes. Poor people are not getting any benefits of taxes paid by us and rich people are getting their loans written off. Absolutely pathetic.
Absolutely right our taxation system only exploits the salaried, only brings more check for them but big businesses, local business vendors , all showing agriculture income not paying even a single rupee as taxes this is completely wrong governance and really taxes are torturing the salaried and mostly private jobs one who get nothing from the govt anyways they might have few good years this govt is the worst ever
Fine sir so many initiatives, many more rules & amendments for an average tax paying Indian citizen, how come the vast majority are managing not paying taxes,,, looks like studying, topping exams, getting a job, earning good salary, spending responsibly, saving and investing carefully is a punishable offense in this country 🙏
Honestly is only for taxpayers. Not for Govt. They want to know ever paise you have. But they will never bring PM Care Funds under RTI Act
Well said!
Keep paying income tax but if you are in financial trouble just stop living.
@@umanair7749 you are so right keep paying taxes but if you lost your job, or need medicine oxygen money for any ailment or money for your child education expect nothing just pay taxes to build stuff to pay even more indirect taxes ridiculous face inflation everything but expect nothing they will not offer jobs or create work but use your tax money to build big buildings or buy planes or distribute that money during elections to poor to get votes
Well it cannot be brought under RTI just like PMNRF!
@@ketan7798 PMNRF is under CAG, so audit happens for it and published, it's a public fund. But pmcare is private fund.
This is really good move especially faceless assessment and appeal to reduce the corruption and harrasment at the same time.
जो ख़र्च और आमदानी दिखाते ही नही है उनका क्या करोगे।उनके पास करोड़ों की सम्पत्ति है।
0000
उसे ही काला धन बोला जाता है
Digital transaction se ye log bhi nhi bach sakte.. jaha kiya wahi bahi khata ban jayga sarkar k pas. Pakde jayge.. ek raid padne ki der hai..
Such ppl only deal in cash, pay cash at shops and petrol pumps and pay cash on delivery and so on .
They don't use net banking or cards
@@varungupta2610 one way or the other some kind of digital footprint will be left by these people as breadcrumb for authorities to investigate. That's more than enough. Investigation will lead to chain of transactions even if it is offline.. after all someone down the line will withdrew money frm bank fr such transactions.. one way or another.
Strict income tax laws should be made to the more prone citizens like officers politicians and local business vendor
Chutiya
@@prasaddalal777 ha ok you keep photos of this people and worship hope all your dreams come true of being a dog
😂😂🤣🤣🤣ye log oss paise se mla kharidey h aur ghotale krte rhte h...... BHIKHARI government....
bhai lekin ye sab laws to naukri karne wale middle class aadmi ko pareshaan karne ke liye banate hai..
jo imaandar tax payer hai.. jiski salary se TDS pehle hi kat jaata hai uske liye govt. kuch nahi karti
That will not happen bro this govt only knows to take short cuts and find easy solutions to further target only honest people
Jai Hind Jai Bharat Thank you Mr.Jain for narrating so very important news about the tax regime. Please keep up your effort .Regards Jai Shri Krishna
But this all moves are targeting only salaried person which can't escape on a big amount even in the old flow
Individual's contribution to revenue dept was highest in the last year among other sources of revenue. Hence, they are not looking for welfare of it's people, it's only looking to somehow enforce more stringent ways to ensure that this revenue doesn't fall.
@@sourabhpahimam7376 absolutely they are only trying to put more stringent laws to already honest salaried tax payer who anyways cannot hide anything but this third class govt forget about giving anything in return they are putting much more pressure
Jai Hind,very informative for taxpayers R.P.Tiwari,Lucknow
Sir, all the steps raised by govt. are welcome ....
Simultaneously to increase the govt. revenue .. Govt can ask all MPs and MLAs to pay their own TAXes by themselves .. instead of the govt should pay their taxes ...
Hope this suggestion may increase the revenue multifold ...
Jai Hind, Jai Bharat. Keep giving such valuable information. Thank you.
डॉक्टर और वकील की काली कमाई रोकने का उपाय सरकार के पास क्या है? वे तो अपनी फीस लेकर रसीद नहीं देते।
Doctors are still the soft targets of tax dept and the pubic bashing/beating. I will be more happy for Lawyers who in collusion with judges keep dragging the cases and keep charging the clients.
@@pradeepkumarmoghe4551 Lawyers and Judges are one of the most corrupt professionals in India right now
@@yourfriend988 what about Police
वकील जज इनके लिए संविधान में कोई प्रावधान, अनुच्छेद ही नहीं है कि, प्रति केस कितना मूल्य लिया जाना चाहिए !! जो मन में आया उतने पैसे लूटने लगते है। काले कपड़े पहन कर काले धंधे में लिप्त रहते हैं। कानून का मजाक बना कर रख दिया है, मानो पैसे देकर कोई संविधान का मेला लगा है !! ग्राहक बेचारा पैसा दे दे कर मर जाता है या रास्ते पर आ जाता है।🙄
Abhi black money ghar pe rakh kar koi fayda nahi hoga...be hisaab kharche ko report karwa diya jaiga...
Nice information Government is taking good steps for the welfare of our Nation sadhuwad
ACTUALLY SPEAKING TAX PAYERS ARE THE PERSONS MOSTLY SALARIED PERSONS, WHO HAVE NO ESCAPE. JAI HIND.
HOWEVER, THE PERSONS SAY 'JAI HIND' 24 HOURS AND ESCAPE FROM PAYING INCOME TAX HAVING CRORES OF PROPERTY WITHOUT HAVING ANY LEGAL SOURCE OF INCOME, ARE MAINLY POLITICIANS (EXCEPTIONS ARE VERY VERY FEW).
or just join BJP or just be a gujju to escape tax terrorism.
Soldiers also say 'jay hind' but their condition is even worse
@@shivam-ml9yg or just be an ignorant jihadi mulla , minority
ऐसे ही तो रोजगार बढ़ेगा जब जनता को कठिन पहेलियां थमा दी जाएं ।कुछ उन्हें सुलझाने के लिए चक्कर लगायेगे कुछ होशियार बनकर उन्हें सुलझाने के फीस वसूलेंगे। जो बीच के है वो थोड़ी फीस खर्च करके थाली कटोरी बजाने वालो से प्रचार कराएंगे कि पहेली सुलझ गई।
The habit of filling income tax must be encourage from the student phase of 11-12th.
And while being in college to.
Itr filing must be include as a course in school and college.😎
It's already there in School courses if cbse or state board.
Jai Hind. Thanks.What a politely explained useful information. This will prove a turning point of many more honest people who my be ignorant about such rules till now. Thanks alot sir.
Excellant detailing , thank you so much for this useful info👍
जयहिंद, मोदी जी की सरकार प्रमाणिक करदाताओं के बारे में सोचने लगी है ये क्या कम है? चोर कोन्गेसने और इनके मंत्रीओ ने अबतक देश को लुटा इसका क्या? ७० साल का कचरा साफ करना और वो भी हमारे जैसे देश में कोई सरल बात नहीं है। देश ने हमारे लिए क्या किया ये सोचने से पहले हमने देश के लिए क्या किया वो सोचना ज्यादा जरूरी है। वंदे मातरम्, भारत माता की जय।🇮🇳💐🙏
It is unfortunate, since demonitisation the drama on ghost of tax evasion part has been kept on. ..main problem is non implementation of minimum wages and hike in real income of mass, . never being discussed on any forum.
Bahut atcha... Dear LLA. You are a saviour of time.
Very nice intro.I am a retired tax payer with some investment in stocks.Your videos have cleared many of my doubts...A big' THANK YOU' for your efforts👌👌👌🙏🙏🙏
Jai jinendra ji bahut achchi jankari detey hai aap khush rahiye
India Is Changing 💪💪💪
This is the first video of yours that I saw, and I liked the content and your style of presentation. I would like to watch your other videos. Keep up the good work.
सब तरफ टैक्स मांग रहें है! टैक्स टैक्स टैक्स लगा रखा है... बेरोजगारी बढ़ गई है! उसपर क्या उपाय, योजना है ??
bas bhai Tax bharu. . no question to ask
Private me kaam hai...Apni salary expectation thoda low karo...mil jaegaaa
Har 5 saal 545 vacancy hoti hai
Manufacturing और agriculture sector में बहुत काम है,बस हार तोड़ मेहनत करनी पड़ेगी ।
सरकारी नौकरी की आस छोड़ दो मित्र
अपना मालिक खुद बनो।।
गव्हर्नमेंट से भी जनता की अपेक्षाएं हैं। पुलिस से खतरा, गली के गुंडों का खतरा, डोक्टरों का खतरा और तो और सबसे ज्यादा पोलिटिकल नेताओं का भी खतरा, इसपर गव्हर्नमेंट कुछ भी करती दिखाई नहीं देती। RTI कानून क्यों बदला? खाने में मिलावट आम बात हो गई है, कंपनियां एम्प्लोई लूट रहे हैं। इस पर गव्हर्नमेंट कुछ करती दिखाई नहीं देती।
0
Great simple explanation of complicated matter.
Thank you
जय हिंद 🇮🇳 हो जाऊँगा औनेस्ट टैक्सपेयर जब इनकम हो जाएगी।
Thanks for this info and make more videos we really appreciate your hard work and thanks once again 🙏🙏
Jay Bharat.....
I am back after 7 months with some increased knowledge....now I can see that this is all about direct taxes....we can do all the tricks we want but government plays the upper hand by the Indirect taxes....it rips out all our pockets and we cannot do anything....everything is getting costlier by the time and we can't do anything but change the government......
Honest tax payers should get some respect to be honest by the government
The croupts are most rewarded in our
Society's and in government departments
@@omprakashsaharan5296
How to decide they are honest?
Can you please create video on Advance Tax ??
Does Salaries People Falling Under TDS need to pay Advance Tax ??
For example If I declare exemptions and deductions in start of year and only pay taxes in last three montsh of Financial year ?? Does Interest is applicable for me as I falls in TDS category ??
Jay Hind!!
Very good video with an effective sense of humour. You've earned a new subscriber!
Liked the way you presented in layman terms. Thanks.
Hello Sir...huge respect for you...🙌
I have a request... please make a video on how the middle income groups can save themselves for giving lots & lots of taxes...🤝
Watch the income tax playlist made couple of videos
@@LabourLawAdvisor plz provide the link
Jain sahab free me itna gyan wo bhi itna saral dhanyabaad.
Simply liking, sharing and subscribing your video won't be a return favour to you guys. Your videos really helpful to thousands of working professionals
I really watch this video as part of my reference.
Thank you so much for making such informative content 👍🙏
Thanks and appreciate your priceless efforts Sir,
Excellent sir....
Need more episodes as soon as possible....
👌👌👌
It's a good reform for government
I hope two more re-forms for police and administration should pass
For administration a IAS and a Private supervisor for all sign and authorization so
For police he must interrogate a charged Person in a online live platform
And thank you sir for best informative videos
Police refrom is pass by SC.
Administrative refrom is also pass.
But work on "how stop police refrom"
SC😭😭😭😭😭😭😭😭😭
BUT WORK ON ADMINISTRATIVE REFROM.
Also mla, MPs should be under tax.
You have a good voice, knowledge and expressive too.
this governments police is how to get more money out of common persons pocket by giving no service, by the way its one of the main reason for today's economic recession as common person has no money in his pocket no salary hikes, honest tax payers feels like fools because of that, it feels like diwali festival when we have to pay income tax. if some one has some knowledge about how economy works then he will know that such reforms could be more problematic for country, by the way JAI HIND
Agreed. Only middle class salaried persons are suffering. The Hawkers on the street are making 2000-3000 rupees every day but not paying taxes. The politicians making millions and not paying taxes. The country is heading for disaster for freebees to businessmen/Hawkers/farmers/ students/ industrialists.
Politicians ke pas koi business nahi phir bhi 4-5 years mein billionaire ban jate hein . Koi tax nahi, koi notice nahi, koi action bhi nahi. Ye to sirf middle class salaried persons ke liye hain. Wahi full tax pay karta hai aur phir bhi dar ke rehta hai.
Government want to know every penny a person is earning. But government is not opening up on every penny they spent ? How much toll is pending for particular road and how much is collected ?
Totally corrupt tender allocation system in all government system. There Government will not bring transparency.
Want to collect tax from all Indians living anywhere in Indian and aboard but they will not digitize voting so that every Indian can vote from any were in India and aboard.
In Europe/USA - a taxpayer gets very good health system, insurance, quality education to children till 12th class, old-age-pension and old-age-health-insuarnce and job loss pay.
What Indian get in return of tax - KICK. Indian tax payer are literally use and throw for Government.
Very good information & Right information 🙏
Thank you very much Sir 🙏
Always my favourite your Channel Labour law Advisor 🙏
RUclips best channel 👍👍👍 Labour Law Advisor .
Ye sb jo modi bol rha hai ise khudko iske matlab nhi pta hoga guarantee hai 😂😂😂😂😂
Pata nahi hoga toh aj pm nahi hota Rahul Gandhi ke sala😂😂😂
@@itssaumya5699 tere jaise chutiye ke waja se pm bana hai
😂😂
@@mdalim7162 tumhi chutiya ho samjhe beta. Sabko pata hei PM ko esb pata nhi hota islya PMO or Finance Department hei jaha per UPSC pass hoke officers bante hei.
Tum kase samjho ge flat Earth( chapti dharti) ke rahne wale🤣🤣.
Jai Hind.
More taxpayers should be identified by govt to increase tax amount and relieve burden on the 1.5 Cr tax payers.
Also, happy to see that everything will be tracked online, which will help people like me to simplify my returns.
Jai hind!
Good initiative to help non commerce background people.
Few people having 4-5 own house's , Still they are showing that they are staying in Rented home! They don't want to pay tax to Govt😎
What does govt gives in return to the one paying taxes?
Not going to be possible, due to adhar card no. registration with property...
Even new system implementing to link all properties with pan and aadhar
@Sandeep Choudhary Absolutely right !!
Very useful and informative
Thanks and Regards
Govt should think on Population control, Honest tax r already paying taxes & should reduce on Subsidy on particular community but still govt focus on Vote Bank. Jai Hind
Bhai corruption and black money is the problem.. Ambani has enough money to provide food to all Indians for next 5 years.. Top 1 percent Kay pass hi saara paisa hai or rahega..
@Labhesh Haria how. Overall population is strength. Justify
Jai hind👍🏻 A good move by government
Bus niyat ka pata nahi har cheez ke loop hole india mein nikal lete hai koi na koi
Sir ,
Should I use my salary account for investing in stock market? How will I be effected by doing so while filling ITR?
Nothing. If your profit is 1 lakh and your stocks are held for more than a year, then you can withdraw upto 1 lakh tax free.
In case of short term, you have to pay 15% tax else incase of long term, 10% tax on profit exceeding 1 lakh.
You have to declare your profits in your ITR
very helpful news
sarkar corruption se chalti hai 😂 tax se nhi
Sarkar corruption ke paise se banti hai lekin chalti tax se hai.
Desh tax se chalta hai aur politics corruption se chalti hai.
Right
जानकारी के लिए धन्यवाद आभार। जयहिंद 🇮🇳🙏
What a taxpayer should do if he finds that some of his investments have been wrongly shown in 26 AS?
Apne jo bataya vo to theek hai. Lekin debt mutual funds mei jo short term capital gains hote hai unhe IT Assessing officer ko kaise inform kiya jata hai? STCG cams karvy dwara hota hai? Yadi haan to voh to Form 26AS mei reflect nahi hota hai. High value investments ke details hote hai. Lekin capital gains nahi. Apne kaha ki 10 - 15k ka bhi difference ho to notice ata hai. Lekin unhe to pata hi nahi hota ki Kitna capital gain ya loss huva hai. Form mei high values ke alava GAINS ki koi report nahi hoti hai. Please bataye ki kaise" profit ya loss from mutual funds " ki assessing officer ko jankari detail.mei milti hai ki nahi.
I am a general category lower middle class person, working in a private company.
Things are worst for people of my class in this country.
Obligated to pay some of the highest % of taxes.
No job security, no pension security, unemployment security from government.
No schemes dedicated for my upliftment. No reservations, no subsidy in fees.
Highest competitive cut-offs in civil service exams.
No laws protecting my dignity against verbal abuse, atrocities.
its like my own homeland is trying to make me feel unproud and just make money off of my existence and give me nothing compared to other communities and classes of this society...
Jai Hind - I like your videos and the overall delivery of the content. Excellent you both.
How to inform the government about tax evasion, local as well as international transaction ?
Jai Hind
Nice move taken by Govt. This step taken earlier jai hind
Sir watching your videos and learning a lot . But since I'm doing bsc in nautical science , I'm just 18 and going to Join a ship soon in few months . And I will be a NRI then . Please make a video on tax payment for NRI's .
Bro I am from CA if a person personalities in India for 182 days or more in previous year then he will be a resident but if you don't that you will be a non resident and only for Indian income will be taxable that is income wages earned in India throughe job in India or accrued in India
SFT Is UNIQUE. Everyone should filled Form -16.So it it's easy to identity the position of client. Congratulations
Good morning sirji
Individuals are honest tax payers as income is dedicated at source.
Hope govt is honest in spending the hard earned money of tax payer.
Wanted to know, are political leaders liable to pay taxes on their salary/pension.
No if a person holds constitutional post then exempt from tax
Now there should be rule law passed
to cover them
@@shyammule5479 So, MLAs and MPs pay zero taxes on their salaries ??
Jay Hind 🙏🏻
Being an internal person
I know that how many cases will come into scrutiny because of this move
These guys seems to be uploading nice videos but not today
Manpower is very very low
And not a feasible move in a country
tax rates are still one of the highest in the world
Good but man power is used less as computer is doing data check for taxes and GST I ama seeing that
Video was really helpful. Why don't govt scrap income tax and tax only good and services used by us ! In this way 100% people will pay taxes...
I like your videos always..
Would you please make content on what the government doing for the taxpayer & what govt should do more?
For what faith should I pay tax? As you told 1.5/130 cr only pay tax, then its a liability to 1.5cr. Except for air to breath & earth to walk, I almost paid for everything else, with absolutely zero benefits from the government. For calamities, they need donation, for COVID they need donations, for orphanage & old-age homes they need donation, for childcare, NGOs they need donations.
Schools, Colleges, universities, hospitals almost everything chargeable for a taxpayer. Then what benefit the taxpayer actually getting for which he/she would be interested to pay tax? Don't the nation has a responsibility towards taxpayer?
We r paying tax to the government to enable them to recover NPA of Big Bulls like Malya, Neerav Modi and of the farmers whose loans are waived off to win elections. This would never change in India.
Please consider the population age group i.e 20% below 18years age, 30-40% above 50 years... Indirect taxation is on everything....
Agreed, I don’t want my tax to be used to give personal trips for pmo or y security to kangana or to buy media houses.
Thanks for the great insights.
All I want is freelance accountant who can guide me online navigating govt portals. and assisting me in filling the returns. Where can I get such experts? (per hour consulting).
Contact me :D
Very smooth and easy explanation throughout the video.
Sir if we take home loan and edcation loans and spend amount, whether income from loan will be reflected in 26 AS to justify expebditure ?
No
I am very old subscriber of your channel, Always like your videos. Jai Hind
Sir, we pay health insurance premium of about 17k which is less than 20bk. This amount is not reflected in form for. 26AS. Can I claim this amount for deduction u/s 80D? Or will I get notice?
Did u get the answer?
You will not get any notice
Thank you, I like your YOU TUBE VIDEO.
बहुत सारे ऑफिसर को मैं जानता जिनको न तो अंग्रजी और न ही टैक्स संबंधी जानकारी है,
केवल बाबू के सहारे काम चल रहा
Aarakshan wale h wo🤣
Iss aarakshan ne desh ko barbaad kar diya. Kewal votes ke liye chal raha hai
बिना आरक्षण वालो का भी यही हाल है
The root problem is reservation.
नकल मार के और डमी बैठ कर अच्छी पोस्ट पाए हुए....बहुत बड़े रैकेट SSC CGL में चलते है.....उन लूपहोल को ढूढ़ना जरूरी है
Jai Hind! Very good move by the Modi government 👏 👍 👌 😀
@Labour Law Advisor: Kindly confirm can we claim HRA and Home loan interest at a same time??
If yes then is there any rules or conditions??
Yes you can
STCG pe kitten profits per ITR file karna necessary hota hai ?
Plzz reply me...
If i ve 30 lakhs in a year ..
And spent all those money
Then should i ve to pay tax?.
Yes u have to pay, only things like insurance,NPS ,HRA are under exemption to a limit
Out of those 1.5 cr paying taxes, how many must be actually contributing a substantial amount I wonder. Income tax is a very old and dated regime and it should be completely abolished just like modern economies of of the Middle east. Or if they can't do that, then put a flat tax on every one earning whatever, especially the agriculture sector
@@vivekpal1004 the entire world is run on fossil fuels buddy. At least some countries are passing on the benefits to their people and not just sucking them dry. Ask the people who are paying taxes through their noses.
Government employees like police department, revenue department, they are rolling with lots of money everyday every hour. There must be solution for this. Most of corruption happens because of this beloved BABUS. God bless india. Love n peace - INJ
Income tax department put an hold on some amount for my account, now I can not reach out to any tax officer for the corrections, tax department also replied me as they don't have any details or escalation matrix, what kind of power u were talking about?
Good for
😂 Yai New India hai 😀🤓
Jis tarah se mehangai badhi hai us comparison me tax slab ko kyu nahi update Kiya jata...kab tak ye free me charge liya jaega...badhta hi ja rha..ek service me middle class jitna save nahi kar pata usse zyada tax de deta...
Can I alternate Tax Regime, while calculating my Income Tax? i. e. this year New Regime, next year Old Regime, again New Regime in third year and again New regime in fourth year, etc.?
Yes
Very clear and simple explanation!!
Tax to jab dege jab kamm hoga
Yha khane ke lalle hai 😭
Muchodi Baba ko Vote mat dena kabhi
very good sir
Toh hum businessmen Mandir ka ghanta hai, pehle toh Loan ke liye chakkar kaatey, jab tak key jhuta na ghiss jaye, fir GST bhartey rahen, aur ab 1-1Rs ka hisab rakhtey rahe taaki srcutiny na ho jaye.
Arey bhai itna hi honesty ka khayal hai toh pehle har ek politicians ke ghar pe scrutiny karwao.
Agar itna hi humarey tax ki lalach hai toh, jao pehle har woh roads, Sadak theek karwao jisme hum tax payers chaltey hai, Give is medical facilities which we deserve at a nominal rate,, chodo yaar, I don’t wanna speak much.
BC hum chutiye hai.
Very informative will help in filing the return correctly thanks akjain sahibabad
when political parties don't have funds, this happens :D
Government not political party
Fund hi fund BJP ke pass... 1.75LAKH crore RBI ka kidar gaya... nahi malum
PM care fund mein kitna funds collect hua... nahi malum....
Make people poor that they don't have time to think against them...
Ambani, Adani, nirav, malya sab ne lakho crore ka gafla karke gayab ho gaye... abhi sirf common man ko uski barpai karni pad rahi hai
They are like economy to ghate me h
Now time to make poor, poorer. And give that money to some fraud so they can fly away.
Increase tax on everything
Just wait for the budget. :)
Salary person be like :
Salary kamane ka tax
Road ka tax
Petrol ka tax
Khane ka tax
Vacation ka tax
Hotel , restaurant me tax
Bas tax h tax😅🤗
@@FusionArcs 😂😂 right
Well explained sir I must say this is an informative video
बोलो,जो 2014 से पहले के भाषणों में अपनी सरकार आने के बाद टैक्स नहीं लगने की बात करता था वो अब इस जुगाड़ में है कि लोगों से ज्यादा से ज्यादा टैक्स कैसे वसूला जाए।
Bhai koi link hai .... hame iski jakari nahi hai
@SUNNY N nehru baara saahi tha..
80% problem ussi ki deen hai...
Satya link share kaar hawa me baat maat kaar
@SUNNY N gali de diya...khush hai...aapna standard baata diya.
Jo bhi ho raha hai ... teere saath waahi deserve karta hai...
Teere me aukat hai to PM baan ja...
@SUNNY N Kis desh ki sarkar tax nahi leeti. Aur yaha galat kya laaga ye baaata...
Satya kuch bhi boolega to sahi ....
Link manga hai...bass wo dhund raha hai...usse wo to milega nahi...
Baketi maar maar raga tha yaha...
Point pe discuss kaar...
Government should target to get tax collection from those who are not filing income tax at all, instead of harrasing the legitimate taxpayers.