sahi baat hai... Modiji badi badi batein karte hain abtak salaried people se income tax ni hatwa paye, jabki desh k GDP me salaried income tax ka %age bhot kam hai.
You are providing wrong information, interest earned upto 40 k and 50 k for senior citizens is totally tax free, No TDS deducte respectivaly 40 k and 50 k, you can sibmit Form 15G/15H if interest earned more then 40K/50k. If you filling ITR you can Claim your deductable TDS for refund....Thanks
A small correction: The exemption limit in case of HUF is ₹3 Lakhs as no Rebate is available to them. For Individuals it is available whose income is below ₹7 Lakhs
3rd point clubbing of income 2nd point tax liability devided in 3 years. Kindly explain these two concepts. If there is any video for it, please provide the link.
mam aap toh U TUBE QUIT kar rahi thi... aab kya ho gaya??? oo accha... us week mein koi topic nahi mila tha...isi liye ek emotional video daal diya tha...chalo koi nahi
Ma'am talk about PNB platinum Micro Rupaye Credit Card 💳 because no one can tell us about its benefit, charges, reward points etc in RUclips. I hope you can see my comment and make a video on this topic ASAP.
@@aahhuujjaa Sahyog karne mein koi galti nahi hai lekin itna complex taxation ke chalte growth bhul jaoge aur sirf tax kaise bachaye karte sochte rahoge. Jab ek aadmi unemployed tab job ka tension, jab job lagi toh tax ka tension. Mein tax kam zyada karne ki baad nahi kar raha, atleast automate kar do. Saalon baad bhi income tax notice ka bhoot ghoomta rehega.
Maam... Meri ek problem h plz solve kro.... Mere papa expire ho chuke h unke rupye ab mammy ke pas h to.... Abhi saving account h or bank me ek koi form fill hota h jisme fd se jyada return milta h mtlb fd bala return milta h or account saving ki tarah hi use hota h .... Is topic pe video bnao plz. Details me video bnana 🙏🙏
Is it also applicable to Housing Society for TDS deducted on income on FD. So, in such case, ITR filing is essential or can be avoided by submitting Form like 15G/H or any otber. Pls clarify.
IF MY AIS FORM SHOWING INCOME FROM INTEREST FROM FD AND SAVING BANK ACCOUNT THAN ,WILL I HAVE TO SHOW THIS INFORMATION IN MY ITR, IF YES THAN WILL I ALSO HAVE TO CLAIM FOR CONCERN DEDUCTION IN EACH CASE???
Does this 10 lakhs limit include the ones which are renewed fixed deposits through the year or only the new FDs are counted for computing this threshold?
Is liye kehte hain ki diversify karo.. maine 6 ka 25 kiya hai 4 yr me after paying tax... Fds and mutual funds are outdated guys... My next target is 35 40 to 70 80 in 2 3 yrs...
Plz avoid multiple closure and renewal of fd in a same year.. for example u made 3 lacs fd starting April, then in 3 months u made premature closure then again made another fd and so on.. department will think that u made multiple fds and later apply method Income - expenditure and accordingly u will get message for clarification
Matlab agar 10% tds cut ho jata hai ..aur x amount account me baki reh jati hai..kya uspe bhi income tax slab ke hisab se tax cutega? Matlab...agar main 30% tax slab me ata hoo... matured fd amont y pe 10% tds => x Then x pe 30% = z Is this correct
30% slab apki " main income " ke upar hai... Interest is " other income " aur other income pe 30% nahi lagega... Other income pe other income ka tax lagega jo ki tds ke name se hai.... Jaha tak mujhe idea hai..
Bro..tds tab lagega jab interest earn ek financial year me 40k se jyada hoga. Aur jitna bhi interest earn karoge fd se wo pura ka pura taxable he. Interest pe tax tumhare tax slab ke hisab se lagega. Suppose agar tumhara taxable income 30% he toh total taxable income plus interest me jese normal tax lagta he uss hisab se lagega. Toh Tera 30% tax slab ke hisab se fd interest me bhi 30% tax lagega chae wo tu 1000 rupees bhi kyun na earn Kiya fd interest se.
Quick question guys. So I have 8 Crores and am planning to open an FD with an NBFC which is giving me 8% annually. Which should come to 64 Lakhs per year. Now I want to setup the FD in such a way that the NBFC credits my interest every month so I have passive income for all my expenses. So 64 Lakhs / 12 = 5.3 Lakhs per month. Now how will I be taxed for this, how much % will I be taxed. Therefore how much will I get in hand per month from the 5.3 Lakhs after taxes? Please let me know.
@@raaghavsh2926anything above 40 thousand rupees interest earned in a financial year will be 10 percent cut in tax, if pan card is provided. If pan card is not provided in ur bank or NBFC then 20 percent cut in interest earned by u in financial year.
@@raaghavsh2926bro if u have 8 crore rupees. Better invest in lands, plots, real estate, stocks, and mainly do some business with half of amount and save other half in FD. 😊
@@raaghavsh2926if ur business will click u will earn more than 5 lakhs per month as u said 5 lakhs interest per month. And what ever plots or lands or shares u have bought..if development happens in that area. U will be get more than 20 30 times of money u invested in plots/ lands.
Mene apne papa ke paiso se apne account me 10 lakh ki fd karwayi hai ...unse puch ke or me abhi kuch nhi kamata hu kya mujhe income tax ka notice aa sakta hai. Please bataiye or agar aa sakta hai to kya karu ye bhi kripya bataye
Maine financial loan ka app dhund raha tha tab mujhe Mahindra finance ka app mila aur uske under maine loan samajh ke fixed deposit pe click kiya aur mene sabkuch filled up Kiya aur done hone ke baad.deposit karne ke liye bol rahe hai..abhi mujhe kya karna hoga . please explain me 😮💨
Mam iss saal mai 10L ki fd ho or 5L ki pichle saal ki pichli mature hui ho Or Marure fd ko bhi iss saal kar di ho toh totel 15 L ki ho toh notice aa sakta hai
Im just wondering how could you miss the point of the TDS slab RS 40000 Taxable Interest. I don't know wheather you don't know it or you missed it intentionally😊 I wonder Why Didn't you mentioned that the deduction @ 10% TDS would only be applicable "If" the total interest earned on FDs for a financial year exceeds Rs. 40,000 or more. Bachhon ko darao mat yaar😊
If you make an FD, it doesn't directly feature in AIS if its below 10 lakhs, only the interest earned is mentioned!!! Secondly if i make an FD in my parents name and if the amount is more than 10 lakhs, won't this 10 lakhs show as their income for that particular year??? Don't they have to show the same as gift received??
Mam I want to know a thing th do we get taxed twice, first by bank as tds and than the intrest is added to our income and we have to pay tax again according to tax slab,
An income of Rs 2 lac from KVP ( matured in 2023 ) is seen in INCOME FROM OTHER SOURCES --- will I have to pay tax on it ? if yes , how can I save it ?
Sir ak senior citizen hai jinki na koi income hai na koi job h, sirf ak post office me fd h aur usme unka tds kata h too refund lene k liye kon sa ITR bhare 1-2-3-4❔❔
At the time of opening FDs, bank employees never tell or provide us the Form 15G or Form 15H for senior citizens. Is there any way to reclaim the tax deducted in FDs ?
03:20 TDS is applicable only if FD Interest Income is above 40k per year. No TDS will be deducted if your interest is 16k as shown in example
Yes
Yess 💯
Yea true 🫡
two questions :
1. 40k interest for 1 calendrer year or financial year ?
2. Above 40k interest accrued or interest received un bank account ?
@@neeraj_dama financial year
4:30 A small correction, even FD INTEREST for senior citizens can be claimed as deduction upto maximum amount of 50,000 under section 80TTB
15 g and 15 h form submit
80TTB is applicable only in the old regime and NOT in the new regime.
@@skycraper143415g ka form kab submit karna
your earn ure salary, pay taxes.. you spend your salry and pay taxes.. you save your salary and also pay taxes.. ghar aaakr hmse paisa cheen lo na..
Then go to Pakistan u people ate not needed here
Best comment 👌🏻👌🏻
sahi baat hai...
Modiji badi badi batein karte hain abtak salaried people se income tax ni hatwa paye, jabki desh k GDP me salaried income tax ka %age bhot kam hai.
sahi hai...bas hum log to sarkar ke liye kama rahe hain...Loot macha rakhi hai sarkar ne...
Why is nobody coming on the streets to oppose this Indian tax terrorism of the FM?
You are providing wrong information, interest earned upto 40 k and 50 k for senior citizens is totally tax free, No TDS deducte respectivaly 40 k and 50 k, you can sibmit Form 15G/15H if interest earned more then 40K/50k. If you filling ITR you can Claim your deductable TDS for refund....Thanks
Me pnb me 20000 ka fd kiya tha 2023 me abb interest me tds Katta hae
New tax this doesn't count right
She is just a fati hui 🐈😅😅
Jhuta, ho hi nahi sakta ki 20000 ki fd pe TDS Kate.. @@Nayanj272
Iski har ek video galat kyu hoti hai. Mujhe pata tha ye kuch galat bataegi, fir bhi maine video.dekh li
A small correction: The exemption limit in case of HUF is ₹3 Lakhs as no Rebate is available to them. For Individuals it is available whose income is below ₹7 Lakhs
3rd point clubbing of income
2nd point tax liability devided in 3 years.
Kindly explain these two concepts. If there is any video for it, please provide the link.
what a timing --Thankyou so much
Welcome 😊🙌
For NRE acoount ?@@bekifaayati
Nice information, thank you for sharing this 👍
You have to be concerned only for FD taken with cash , not if entire amount is legal. I have more than 1.5 crores of FD but never got any notice
Very useful video...🙏🙏🙏
mam aap toh U TUBE QUIT kar rahi thi... aab kya ho gaya??? oo accha... us week mein koi topic nahi mila tha...isi liye ek emotional video daal diya tha...chalo koi nahi
😂😂😂😂😂
Ek video aaise hone chaheya jisme hum investment kr ske par tax na lge toh kuch aaise investment boolo
PPF
5:18 how it can be done, yeh kaise kar sakte h, Bank option deti h, ya ITR m karna h, kaise or kha, plesase explain in a video
Really good information sister
Ma'am talk about PNB platinum Micro Rupaye Credit Card 💳 because no one can tell us about its benefit, charges, reward points etc in RUclips.
I hope you can see my comment and make a video on this topic ASAP.
Thanks 🎉 , Great 👏👏
Nice to see you again
Tds gets deducted even after filling that g/h form, because it depends on the interest earned amount.
Ye form sab bank me bharne hoga ya ek bar bharne se ho aur kitne sal tak bharna hai.
thanks Sister.
Great job j🎉o 👍
Thank you 😊🙌
Sabse best hack dubai jao aur wohi kamao. Koi tax nahi barna. Sirf gst rehega😢
Agar India ki growth me sahyog karne ka chance mil Raha hai to kyu jyada money k liye apne India se bhage
@@aahhuujjaa Sahyog karne mein koi galti nahi hai lekin itna complex taxation ke chalte growth bhul jaoge aur sirf tax kaise bachaye karte sochte rahoge. Jab ek aadmi unemployed tab job ka tension, jab job lagi toh tax ka tension. Mein tax kam zyada karne ki baad nahi kar raha, atleast automate kar do. Saalon baad bhi income tax notice ka bhoot ghoomta rehega.
5% vat, only for business income. Salaried employees are tax free
@@therealprakash5% vat on almost everything and every transaction. I'm In UAE from before VAT was applied
Kitna useful hack h
Maam... Meri ek problem h plz solve kro.... Mere papa expire ho chuke h unke rupye ab mammy ke pas h to.... Abhi saving account h or bank me ek koi form fill hota h jisme fd se jyada return milta h mtlb fd bala return milta h or account saving ki tarah hi use hota h .... Is topic pe video bnao plz. Details me video bnana 🙏🙏
Fd se yada kisme ?
Btaoge
Is it also applicable to Housing Society for TDS deducted on income on FD. So, in such case, ITR filing is essential or can be avoided by submitting Form like 15G/H or any otber.
Pls clarify.
Small Doubt:
Example: Someone falls under 30% Tax slab
So he needs to pay 10% TDS + 30% Tax?
You can opt for monthly interest also
Actually when calculations of tax considered on fd and savings interest. Why not government considered inflation into account.
IF MY AIS FORM SHOWING INCOME FROM INTEREST FROM FD AND SAVING BANK ACCOUNT THAN ,WILL I HAVE TO SHOW THIS INFORMATION IN MY ITR, IF YES THAN WILL I ALSO HAVE TO CLAIM FOR CONCERN DEDUCTION IN EACH CASE???
No maximum limit on FD amount . Income Tax Department will not come to you as long TDS is deducted and you pay tax as per your tax bracket.
This is the Truth
Exactly
Leaving RUclips ❌
Publicity stunt ✅
Sir Invest bharatpe app and Momoney app kya hai. RBI and DICGC secure approved hai kya invest kr sakte hai kya batao sir please
If you create an FD in Cash above ₹1 Lakh, Income tax can give you a notice asking for the source of the cash.
what of we do it from the bank account
@@asylum9868 Upto ₹10 Lakh won't be reported
@@asylum9868 If above ₹10 Lakhs, Income Tax is reported
I wait for your videos ☺️
Does this 10 lakhs limit include the ones which are renewed fixed deposits through the year or only the new FDs are counted for computing this threshold?
Good information ji madam 🎉🎉 AAP ji kya Bank employee ho ? Please provide the Information about Pan Aadhar Link...
Thanks for information
4:35 But U/s 80TTB Intt on FD is also exempted. (Only for senior citizens)
Good to see the video. Welcome back
Thank you 😊🙏
Thanks !
What is the way of smartly manage.
Ek point syd apne miss kr diya 10 percent tax deduction hoga but only on the amount of interest cross the limit of 40000 in a financial year.
Annual Income 2.5Lakh se kam matlab interest se income ya actual professional income like salary?
Ye confusion clear karo please.
Sister,agar yearly kisi ko 5lakh se uper FD ke interest ho jaye ,to kya isme incme taxt Varna parega, please reply
Nice video's but reduce talking speed and if possible use hindi language.
Because my English is poor😜😜😜
Will these rules be applicable to SBI Auto Sweep created FD's ??
Is liye kehte hain ki diversify karo.. maine 6 ka 25 kiya hai 4 yr me after paying tax... Fds and mutual funds are outdated guys... My next target is 35 40 to 70 80 in 2 3 yrs...
6lakh ka 25 lakh kiya ?
@@virtualmaza513 yes...
U don't have any videos on your new forum?
Plz avoid multiple closure and renewal of fd in a same year.. for example u made 3 lacs fd starting April, then in 3 months u made premature closure then again made another fd and so on.. department will think that u made multiple fds and later apply method Income - expenditure and accordingly u will get message for clarification
And it is requested to please regularly check your emails and e-filing accounts regularly so as to avoid any non compliance of income tax notices..
Matlab agar 10% tds cut ho jata hai ..aur x amount account me baki reh jati hai..kya uspe bhi income tax slab ke hisab se tax cutega?
Matlab...agar main 30% tax slab me ata hoo...
matured fd amont y pe 10% tds => x
Then x pe 30% = z
Is this correct
30% slab apki " main income " ke upar hai... Interest is " other income " aur other income pe 30% nahi lagega... Other income pe other income ka tax lagega jo ki tds ke name se hai.... Jaha tak mujhe idea hai..
Thnx bro @@crazy.things.2x
Bro..tds tab lagega jab interest earn ek financial year me 40k se jyada hoga.
Aur jitna bhi interest earn karoge fd se wo pura ka pura taxable he. Interest pe tax tumhare tax slab ke hisab se lagega.
Suppose agar tumhara taxable income 30% he toh total taxable income plus interest me jese normal tax lagta he uss hisab se lagega.
Toh Tera 30% tax slab ke hisab se fd interest me bhi 30% tax lagega chae wo tu 1000 rupees bhi kyun na earn Kiya fd interest se.
Quick question guys. So I have 8 Crores and am planning to open an FD with an NBFC which is giving me 8% annually. Which should come to 64 Lakhs per year. Now I want to setup the FD in such a way that the NBFC credits my interest every month so I have passive income for all my expenses. So 64 Lakhs / 12 = 5.3 Lakhs per month. Now how will I be taxed for this, how much % will I be taxed. Therefore how much will I get in hand per month from the 5.3 Lakhs after taxes? Please let me know.
If you have 8 fukin crore rupees get one meeting with CA will cost you 1000-2000₹ i think u can afford.
@@gulatisahil911 yeah I suppose. But just wanted his insights too.
@@raaghavsh2926anything above 40 thousand rupees interest earned in a financial year will be 10 percent cut in tax, if pan card is provided. If pan card is not provided in ur bank or NBFC then 20 percent cut in interest earned by u in financial year.
@@raaghavsh2926bro if u have 8 crore rupees. Better invest in lands, plots, real estate, stocks, and mainly do some business with half of amount and save other half in FD. 😊
@@raaghavsh2926if ur business will click u will earn more than 5 lakhs per month as u said 5 lakhs interest per month. And what ever plots or lands or shares u have bought..if development happens in that area. U will be get more than 20 30 times of money u invested in plots/ lands.
Nice info 👍
How to view AIS? Please give the details regarding this.
You can get it from IT e-filing website.
Nice video ❤
Thank you 😊🙌
fd ,rd and savings a/c tax rules in case of 2or 3 holder a/c.and who is going to be tax payer in this case.
Mene apne papa ke paiso se apne account me 10 lakh ki fd karwayi hai ...unse puch ke or me abhi kuch nhi kamata hu kya mujhe income tax ka notice aa sakta hai. Please bataiye or agar aa sakta hai to kya karu ye bhi kripya bataye
thanks for the Info
Welcome 😊🙌
What about NRE account holders.
Please make a similar video on FD with NRE point of view !!!
Yes please make video
5:42 can some help in managing the clubbing of income .... How can we smartly use this?
Make fd on your wife's name ,simple is that
good information aapki
Do we need to fill 15G or 15H and submit to the bank or get this calculation done at the time of return?
Fill this form immediately after making the FD.
Need to submit in bank
Take a proper consultation from qualified personnel.
You can NOT submit 15G/15H all the time.
Very nice❤❤👍
Thank you 😊🙏
Aap toh videos post nahi karnewale the🤔
Agr hmko 2 crore ki fd krni ho to ??? Rules kya kehte he kitna milega 7% ke hisab se please make a video
One question.. why fds will be in days not in years. Like 299 days etc..
Mam apne konse bank ke fd karwayi hai mujhe bhi karwani hai bata dijiye for our safety
Is it also applicable for nre account holders
Madam aapne kabir singh mein act kiya hai na???
Maine financial loan ka app dhund raha tha tab mujhe Mahindra finance ka app mila aur uske under maine loan samajh ke fixed deposit pe click kiya aur mene sabkuch filled up Kiya aur done hone ke baad.deposit karne ke liye bol rahe hai..abhi mujhe kya karna hoga . please explain me 😮💨
Mera fd se Belo 40k/ year intrest ata hai to kya mujhe bhi bharna hai aur kaise pata chalega cut raha hai ya nahi kya passbook me print ata hai
Good video, thanks
Welcome 😊🙌
Thanks swt hrt🙂
Mam iss saal mai 10L ki fd ho or 5L ki pichle saal ki pichli mature hui ho Or Marure fd ko bhi iss saal kar di ho toh totel 15 L ki ho toh notice aa sakta hai
Pls suggest something about stable money app
I feel your going too fast in video...please make it slow talk as we are seeing this video to understand not to rush
Tax kat Gaya tov return kiss say barvaien gay,Kiunki CA tov bahut hi ziyada charge kartey Hain.
Nice video
What about NRI account ?? NRI FD's ??
Mod balance is fixed deposit also so uska bhi tax dena padta hai kya?
Mam kya sirf bank ka fd main tds kat ti ha post office ka fd main tds nhi kat ti ha kya please tell me
Hamare 6200 tds cut hua hai 24000 intrest on fd ???? What should I do now ??
Im just wondering how could you miss the point of the TDS slab RS 40000 Taxable Interest. I don't know wheather you don't know it or you missed it intentionally😊 I wonder Why Didn't you mentioned that the deduction @ 10% TDS would only be applicable "If" the total interest earned on FDs for a financial year exceeds Rs. 40,000 or more. Bachhon ko darao mat yaar😊
If interest is above 42k then TDS on full 42k or on 2k?
Full 42k i guess
If you make an FD, it doesn't directly feature in AIS if its below 10 lakhs, only the interest earned is mentioned!!!
Secondly if i make an FD in my parents name and if the amount is more than 10 lakhs, won't this 10 lakhs show as their income for that particular year??? Don't they have to show the same as gift received??
Nice👍
Mam I want to know a thing th do we get taxed twice, first by bank as tds and than the intrest is added to our income and we have to pay tax again according to tax slab,
Government sucks your money to feed poor people
As far as i knew u can make any amount of fd in a year. 10 lakh limit is for cash transactions.
For RD can you also brief please?
An income of Rs 2 lac from KVP ( matured in 2023 ) is seen in INCOME FROM OTHER SOURCES --- will I have to pay tax on it ? if yes , how can I save it ?
It looks like only you are understanding what you're saying. Slow down a bit and provide detailed info on the topic
10 lakh se zyada ek hi bank me ho ya different bank me ek hi insan ki 10 lakh se zyada FD ho tb bhi income tax deduct ho jayega ?
Nahi hoga don't worry , 15 lakh Tak ki fd tak agar apka income 10 lakh se kam hai annually
Can I invest lump sum in fixed deposits?
Sir ak senior citizen hai jinki na koi income hai na koi job h, sirf ak post office me fd h aur usme unka tds kata h too refund lene k liye kon sa ITR bhare 1-2-3-4❔❔
Itr1
Can a person make f.d. in a bank for 5 lakhs and in mutual funds 6 lakhs and in postal mis 3 lakhs in a same f.y. without income tax notice?
Yes
I wanted know what about NRI,s whos holding FD in India ?
these same rules and calculations for interest income from savings account?
Agar sal ka 1.50 ded lakh fd intrest aata ho to kya tds katega please reply usme 15 g ka form bare to chalega 🙏🙏
Ye madam toh rj Ashish ke video's me dikhti thi!!?🤔
Mam if I deposit 30 lacs in FD its annual interest income is 220000k and I have no others income source if I submit form 15g. is my TDS will deducted
No
Different types of taxes ne sabko confuse aur disturb karke rakh diya hai. We r only taxpayers in the country.
Exllant video and ill also follow u on instagram and u looking amazing as like ur hair style
At the time of opening FDs, bank employees never tell or provide us the Form 15G or Form 15H for senior citizens. Is there any way to reclaim the tax deducted in FDs ?
While filling ITR only
File ITR and claim Refund