Best video.... Most of the salaried employees can benefit from this. Myself belonging to technical background has no understanding of accounts. This video made everything so clear that I'm confident I can claim the right amount I've already paid and save tax. Thank you Asset Yogi!
इसमें standatd deduction ₹40000 नहीं घटाया और handicapped के लिए TA ₹38400 भी नहीं घटाया Tax calculation में in बिंदुओं पर भी विचार होना चाहिए था बहुत ही अच्छी सूचना प्रद विडियो. 👍
really, sir most of us have no idea on anything, among this, u r explanation is soo good that even from an pure technical background person like me also learning this valuable unavailable financial wisdom, Thanks for ur work.
Thank you sir for video. राज्य कर्मी को सेवा काल मे उपार्जित अवकाश के बदले नकद भुगतान लेने पर इस राशि का टेक्स लगता है या टेक्स पर छूट मिलेगी। कृपया सुझाव दे।
Meaningful, useful , to the point, very well explained. I wish this video would have released few years back. I would have saved my lot of tax. Great Job !!!
Very good Rahul could make it zero income tax without investment. I shall request that similar way how a pensioner of age 75 years old can get rid from income tax who's yearly income is eight lacs. Thanks with warm Regards.
15:39 Sir, please, dependent parents ki detailed definition par ek video bana sakte hain kya please. Doubt is as follows: Parents ko govt employee par dependent hone ke liye parents income "₹9,000+DA" se kam honi chahiye. Toh, ye ₹9000+DA mother aur father ki individual income hai ya combined income (Matlab 9000 mother ke aur 9000 father ke ya dono ke milakar bas 9000)? Aur suppose koi father farmer hai to wo income mein count hogi? Aur agar hogi toh uspe DA wali condition bhi lagegi?
Thanks sir for this helpful information Plz make a video on how to fill itr .no one have made any video on this topic .can u do this dare sir .we will be highly obliged 🙏
sir tuition fees के बारे में आपने जो टैक्स saving बताई हैं उसमे यदि कोई employee अपने बच्चों की tuition fees के बिल से अपनी company से wapas refund कर लेता है तो उस condition m वो टैक्स saving m के लिए tuition fees को itr भरते समय show करके टैक्स में छुट ले सकता है क्या
Sir 50k standard deduction And normal 120k for my rent So remained amount is only 30k under 80c Am I right? And in above case in normal way only I will not be under taxable income till 7 lakh?
From FY 2017-18, the 'loss from house property' was restricted to Rs 2 lakh per annum for rented houses and 'deemed to be let-out' houses. Is it correct??
1.Can I claim Stamp duty charges for residential land purchase? 2. Last year I didn't not claim insurance premium and Stamp duty charges. Now can I claim that along with current years expenses like insurance premium of last and this year. U have not consider payment 10k for medical expenses and 10k interest received from saving account.
Because Government want to give benefit to Middle and Lower Middle Class only. 1.5 lakh means around 15-20 lakh Income people covered under it. Above that is higher income groups.
Please also tell us income tax calculation taking consideration of capital gain from sale of Plot and sale of house property, donation received ,and let us know the calculation of income tax .donation received from whom is exempted 100% please explain.
In case of residential joint property between husband and wife (1) does it mean that each holder can purchase 2 individual residential properties, i.e in total 4 residential properties ;. (2) does capital gain of less than 2 crore apply on per assessee basis.. i.e., less than 2 crore for 1st holder of the property and less than 2 crore for 2nd holder of the property OR the correct interpretation is that the capital gain of less than 2 crore is nothing to do with joint holders it means on the property itself. Pls clarify SIR for everyone's benefit 🙏
1) father के नाम Helath Insurance है लेकिन उस Helath Insurance का primium (Installment) लडका भरता है तो Helath Insurance का Deduction कौन ले सकता है? 2) Nil Tax Return 31 जुलै के बाद file करने पर late fees लगती है क्या?
1. The one who has paid the health premium can take such amount of premium as deduction u/s 80D 2. No late fee will be charged if the tax payable is zero. Refer section 234F of Income Tax Act for this purpose.
Hi, Pls clear point 5. If rent received is 1.8LPA and internet payable is 4LPA than what would be the net income considered. . I think no limit was abolished last year and max cap is 2L for interest part of HL on rented property
.maine Apollo munich optima restore health insurance apni family (husband+wife+2 childrens)ke liye liya hai jiska premium 18299 hai.mere papa senior citizen hain & tax payer hain . Agar mai maa/Papa ka 50000 premium ka health insurance karwata hu to kya Sec 80 D me 50,000 ke health insurance premium ka tax benefit sirf senior citizen (mere papa)ko milega Ya mai bhi tax benefit ka labh le sakta hu.......plz advise
Bahut badiya tarikese explains kiya he sir ji.. Mera ek que he mera policy nhi tha but mene 45000 ka oxygen machine liya tha and bki bhi expense hue he medical ke. Age 59 he papa ka. Kya me deduction le skta hu under 80ddb
Thank you please. Request clarify if the cost of immovable plot is directly deducted from the cost plot sold after 7 yrs, the tax payable is 10 or 20 %. Early mail reply appreciated
Sir sec 80e me last yr koi claim ni Liya to es yr me dono yrs ka ek sath claim kr skta hu ya sirf es sal Jo interest pay Kiya h uska hi claim Karna hoga ? Thanks!!
Humne yadi mutual fund me lumpsum 300000 invest kiya kisi 1 fund me aur 1 saal pura hone k bad 3000 per month ka swp chalu kar diya to uspe koi v tax lagega ya nhi pls batayen.
Sir ji please please answer Mai चार साल के लिए contractual employee हूं yearly total salary छ लाख तीन हजार है तो प्लीज itr का कोनसा फॉर्म भरना है जी जी🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻
Join All-In-One Video Finance App here: vidfin.com/
Enjoy Free Access to select Financial Insights & 1st Chapter of all the courses.
1. HRA (House Rent Allowance) or Rent Paid
2. EPF (Employee Provident Fund)
3. Tution Fees
4. Stamp duty & Registration
5. Home Loan (Principal & Interest)
6. Education Loan (Interest)
7. Donation
8. Medical Treatment (Self & Dependent)
sir apko mai salon se follow kr rha hu ... apki help se mai apne paise bahut achhe se manage krke lyf me achha kr rha hu ... thanks 🙏
Great 👍
Best video.... Most of the salaried employees can benefit from this. Myself belonging to technical background has no understanding of accounts. This video made everything so clear that I'm confident I can claim the right amount I've already paid and save tax. Thank you Asset Yogi!
Glad to hear that 😊
इसमें standatd deduction ₹40000 नहीं घटाया और handicapped के लिए TA ₹38400 भी नहीं घटाया
Tax calculation में in बिंदुओं पर भी विचार होना चाहिए था
बहुत ही अच्छी सूचना प्रद विडियो. 👍
Traveling allowance ke badle slandered deduction laya hai
@@yogeshkadam6085 इस fy के लिए standard deductible ₹50000 है
Traveling Allowance ₹38400 handicapped employees के लिए होता है.
Mukul sir apka Kam bahot accha hai Paisa kamana nahi balki Paisa bachana badi baat hai.....
When you bring out the result zero, I was shocked!!
Great job...Sir
Keep supporting :)
@@AssetYogi why not sir
really, sir most of us have no idea on anything, among this, u r explanation is soo good that even from an pure technical background person like me also learning this valuable unavailable financial wisdom, Thanks for ur work.
Thank you for appreciating Ramana
For Govt. Salaried Person (HRA Components)...
Only Basic to be consider or (Basic+DA)...
Thank you sir for video.
राज्य कर्मी को सेवा काल मे उपार्जित अवकाश के बदले नकद भुगतान लेने पर इस राशि का टेक्स लगता है या टेक्स पर छूट मिलेगी। कृपया सुझाव दे।
awesome video !!!!!! it has covered almost all issues and I must say your videos are the one-stop solution for a layman.
Salary for purposes of HRA exemption is basic and DA if DA forms part in calculation of retirement benefits
Boss ..a very few people are doing some golden work like You.... Many thanks to you...
Thankyou for appreciation Bibhuti:)
Meaningful, useful , to the point, very well explained. I wish this video would have released few years back. I would have saved my lot of tax. Great Job !!!
Better late than never :)
@@AssetYogi in the section 80 ddb senior citizen can claim upto 1 lakh for special or chronic disease
@@tusharratra5504 q
Aaaaaaaaaaaaaaaaaqa
Sir please make a video on mutual funds which is with long term n short term plans more over which is best for a middle class person
Very good Rahul could make it zero income tax without investment.
I shall request that similar way how a pensioner of age 75 years old can get rid from income tax who's yearly income is eight lacs.
Thanks with warm Regards.
बहुत बहुत बहुत शानदार वीडियो, Nice👍
Helpful
Is there any deduction on composite fees of the children or there is only deduction in the tution fees
You are a doing a wonderful job Mukul.
Can you please make a detailed video on Builder Buyer Aggrement.
Thanks in advance.
Very useful information..ofcourse I will subscribe your channel and will share with my friends
Namaskar sir
Please provide a full vedio of itr filling online of sailary holder. Where i have to fill HRA AMOUNT DURING FILLING ITR.
Sir thank you for the valuable information. May I know which graphic tablet your using? As I need it to teach Maths. Can you send the link of purchase
Thanks for such an awesome video AY. I really loved it. I appreciate your efforts. God bless you and keep making videos likes this.
Thanks 😊
Bahut behtareen👍👍👍👍
Thanks 😊
15:39 Sir, please, dependent parents ki detailed definition par ek video bana sakte hain kya please.
Doubt is as follows:
Parents ko govt employee par dependent hone ke liye parents income "₹9,000+DA" se kam honi chahiye. Toh, ye ₹9000+DA mother aur father ki individual income hai ya combined income (Matlab 9000 mother ke aur 9000 father ke ya dono ke milakar bas 9000)? Aur suppose koi father farmer hai to wo income mein count hogi? Aur agar hogi toh uspe DA wali condition bhi lagegi?
So well explained .. please keep it up and release video for 2020-21 tax slab.
Thanks sir for this helpful information
Plz make a video on how to fill itr .no one have made any video on this topic .can u do this dare sir .we will be highly obliged 🙏
sir tuition fees के बारे में आपने जो टैक्स saving बताई हैं उसमे यदि कोई employee अपने बच्चों की tuition fees के बिल से अपनी company से wapas refund कर लेता है तो उस condition m वो टैक्स saving m के लिए tuition fees को itr भरते समय show करके टैक्स में छुट ले सकता है क्या
Sir
50k standard deduction
And normal 120k for my rent
So remained amount is only 30k under 80c
Am I right?
And in above case in normal way only I will not be under taxable income till 7 lakh?
Thanks... Sir prosnal loan ka kuch kar sakte hai kya??
Thanks sir for informative video. It's really helpful for me and my family. Keep updating us on the fiance part. Long way to go. Stay blessed!
Thanks Ankit :)
Loved this explanation clear and precise
Thanks Puneet
Turn over pe income tax return done ke baad profit wala paisa account me hoga ki nahi....
सर नमस्कार
बहुत अच्छी जानकारी दी गई धन्यवाद
हाउस लोन और एजुकेशन नहीं ले रखा है और इनकम 9 लाख प्रतिवर्ष है तो कैसे मैनेज करें
Nicee वीडियो मुकुल जी😊😊😊👌🏻👌🏻👌🏻🇮🇳🇮🇳🙏🙏🙏
Thank you Deepak
😊🇮🇳🙏
Sir I am learning a lot from your videos
Vry nyc & knowledgeable video sir👍
Stamp duty rebate residential plot ki liye b milti h ya only for constructed home
If holding Mutual funds on SWP mode, will TDS be deducted or we would be required file returns in July of the next year?
Very informative, very well explain. really appreciate your efforts sir.
Thanks 😊
From FY 2017-18, the 'loss from house property' was restricted to Rs 2 lakh per annum for rented houses and 'deemed to be let-out' houses. Is it correct??
No its only for the purpose of set off of losses with another income you can carry forward losses beyond 200000 upto next 8 A.Y
My interest on second house is over 5 lakh, my employer don't give benefit after 2 lakh in form 16. So ceiling of 2 lakh is true.
@@NP_JSN balance you can set off in next FY
1.Can I claim Stamp duty charges for residential land purchase?
2. Last year I didn't not claim insurance premium and Stamp duty charges. Now can I claim that along with current years expenses like insurance premium of last and this year.
U have not consider payment 10k for medical expenses and 10k interest received from saving account.
No jis saal pay kia ussi saal claim karna hota hai
Sudexo Meal voucher card can be exemption in which section?
80C limit should increase, that's is very lower at the moment
Because Government want to give benefit to Middle and Lower Middle Class only.
1.5 lakh means around 15-20 lakh Income people covered under it. Above that is higher income groups.
@@DMIndia_Official that 1.5 lakh is for year
@@Abhishek-1966 DM india ko kuch samjhta nahin...comment karte hein..
Hello Mukul Sir . Thanks for making such a valuable informative videos. I am your regular viewer. I love your content. Keep it up.. God bless you.
Thanks Bhanu Pratap
Excellent explanation 👍
Thank you.
Please also tell us income tax calculation taking consideration of capital gain from sale of Plot and sale of house property, donation received ,and let us know the calculation of income tax .donation received from whom is exempted 100% please explain.
Good explanation skills👏🏻👏🏻👏🏻
Thanks 😊
Nice Informatic video sir
Sir if possible can you please make a calculator for these tax calculations as well, I have seen in some other videos of yours.
Mukulji,
Thanks for this video... Very much informative...
Thanks Bhalchandra :)
Do you any excel sheet in which we put all the data and calculate for ourselves
Please provide one that will help
Thanks for the information
Use IncomeTax Department Website
Very good information about calculation of income tax helping in calculation of the employee & also proper investment for saving tax,thanks.
I hope this will be useful
Sir app Jo bhi ish video may bathaya unkka documents submitted karna hi kya
Only mother alliwed hai? Ya father ko bhi rent de sakte hai.
Well effort and nice explanation.
Thanks a lot
🙏Thank you so much Mukul ji for useful information ,
Please make a video on best interest rate on FD offering by Banks...
Best FD: choose RBL or Jana Small finance Bank : Open account in your parents name so no TDS charged on interest paid out
In case of residential joint property between husband and wife (1) does it mean that each holder can purchase 2 individual residential properties, i.e in total 4 residential properties ;. (2) does capital gain of less than 2 crore apply on per assessee basis.. i.e., less than 2 crore for 1st holder of the property and less than 2 crore for 2nd holder of the property OR the correct interpretation is that the capital gain of less than 2 crore is nothing to do with joint holders it means on the property itself. Pls clarify SIR for everyone's benefit 🙏
Big fan of urs sir....keep doing good work
Thanks 😊
What are the certificate one has to provide? For taxation
Dear Sir l ask about standard deduction for salary person which is example given by you please explain
Very nicely explained
Thanks Nitesh 😊
Very nicely explained.
Thanks
sir
maine 2 saal pahile homeloan liya hai Kya uska principal amount bhi
tax shut mil sakti hai.ya fir sirf byaj par hi shut milegi
Keep up the good work sir...nice job
Again fabulous.
Thank you for appreciating Nitin
What will happen in case if home is on name of two members and both are earning. Can both of them claim from interest?
Very nice and well explained 👍
Thank you .
Keep learning
Stock Market per kaise tax benefits he?
1) father के नाम Helath Insurance है लेकिन उस Helath Insurance का primium (Installment) लडका भरता है तो Helath Insurance का Deduction कौन ले सकता है?
2) Nil Tax Return 31 जुलै के बाद file करने पर late fees लगती है क्या?
1. The one who has paid the health premium can take such amount of premium as deduction u/s 80D
2. No late fee will be charged if the tax payable is zero. Refer section 234F of Income Tax Act for this purpose.
Is the rebate on stamp duty or registration charges applicable on buying a residential plot also?
Yes under 80C
Hum HRA components (provided by employer) increase kar sakte hain kya?
Yes
Very good, meaningful, useful video, clear very good aspects
Thanks Anjali 😊
Best explanation sir
Hi, Pls clear point 5. If rent received is 1.8LPA and internet payable is 4LPA than what would be the net income considered. . I think no limit was abolished last year and max cap is 2L for interest part of HL on rented property
Wel Explain and very useful
Thank you
Keep learning 😊
Sir मैंने एक प्रॉपर्टी सेल की है उसके लिए टैक्स से बचने के लिए अगर मैं kvp ले लू तो क्या टैक्स सेविंग भी होगी और earning भी होगी ?
Sir if parents are no more to kya elder unmarried sister Ko hra k lie unke account Mai de kr tax benefits mil jayega kya
eDUCATION LOAN KISI INDIVIDUAL SE LE SAKTEY HAIN?
Pensioners ke case me koi example dekar IT saving ka upay batayen.
.maine Apollo munich optima restore health insurance apni family (husband+wife+2 childrens)ke liye liya hai jiska premium 18299 hai.mere papa senior citizen hain & tax payer hain . Agar mai maa/Papa ka 50000 premium ka health insurance karwata hu to kya Sec 80 D me 50,000 ke health insurance premium ka tax benefit sirf senior citizen (mere papa)ko milega Ya mai bhi tax benefit ka labh le sakta hu.......plz advise
Sir agar self occupied home ho to kya mentenense kharcha Ko tax se chhut mil Sakti h
Nahi
Bahut badiya tarikese explains kiya he sir ji.. Mera ek que he mera policy nhi tha but mene 45000 ka oxygen machine liya tha and bki bhi expense hue he medical ke. Age 59 he papa ka. Kya me deduction le skta hu under 80ddb
Can I adjust loss from trading in shares with profit in mutual funds? Please suggest
Yes.
@@AssetYogi Thank you🙏
Awesomely Explain Sir 👍👍👍
Thank you:)
can i claim exemption on stamp duty on buying land?
Very nice & useful video at this point of time , this will help us in ITR filing also
Glad to know that you found the video helpful Atul
stam duty & registration W.B per 8.5% of value of asset hota hee..... 7% nehi tha....!!!!!! aur auke sath advocate charge, stamp paper , etc add hota hee ????
Thank you please. Request clarify if the cost of immovable plot is directly deducted from the cost plot sold after 7 yrs, the tax payable is 10 or 20 %. Early mail reply appreciated
Very nice lesson
Hope it helps you Uday
Very good explaination & very informative video, thanks
Thank you for appreciating Sanjay
Sir sec 80e me last yr koi claim ni Liya to es yr me dono yrs ka ek sath claim kr skta hu ya sirf es sal Jo interest pay Kiya h uska hi claim Karna hoga ? Thanks!!
Very well Explained
Keep watching
sir sovereign gold bond kya hota hai..iske upar ek vdo banaiye..
Sir Lab test pe bhi घूट मिलती है ?
Humne yadi mutual fund me lumpsum 300000 invest kiya kisi 1 fund me aur 1 saal pura hone k bad 3000 per month ka swp chalu kar diya to uspe koi v tax lagega ya nhi pls batayen.
Brother/sister ke liye education loan liya ho to wo tax me cover hoga kya plz. Reply me.
nope
Can I claim any deduction if I buy an agricultural land ?
Thanks Mukul Bhaiya🏅🏅🏅🏅🏅
Thank you nafees
Sir ji please please answer
Mai चार साल के लिए contractual employee हूं yearly total salary छ लाख तीन हजार है
तो प्लीज itr का कोनसा फॉर्म भरना है जी जी🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻
Itr one