That's True sir !!! Black money rakhne ka bhi kya fayda , Jab ham us Paisa ka openly use na kar sake. Total waste of time & our peace.

Sir ek ques tha. Suppose mera dost ek political party khol hai or hum usko apna 1cr ka incom me she 70 lak donat kr dete hai to ab srf remaing 30 lak pe tax dena hoga. Or hum bad me ushi political party she 70 lakh ka loan lelete hai jiska repayment hoga 200 year bad @0.001 percent. Tb to humko koi tax nhi dena prega na. Or repayment 200 sal bad to hum mar he jaege 😆

@@ganesh-207 waa jai ho guruji kon deta h vai 200 sal ka loan

Is there any limit on contribution to political party by individual?? I read somewhere that they can contribute upto 10 % of there gross salary..pls clarify

@@vikkyshaw499 😂 hum usko donate krege paisha or fir whi amount humko loan k form me dede ga

Agreed

Agreed

agreed. Making taxation rules stricter is like fixing the effect rather than fixing the cause

Not in Delhi tho

Exactly

And at the end what we get is almost no facilities, no social security, and a police system which is totally corrupt.

You know why govt taxes us so much?

cause only 2% pays income tax ​@@greygrey9628

Same here bhai 😂😂😂

😀😀😀 Good

Hope

U r planning to evade income tax before even earning any income. Wahh..Harami ho beta..👏👏😂😂

Same here.

@@Sage-qd2zl been to uae, Oman, Qatar, malta or any country in gcc for that matter...they don't need much taxes....all it takes is proper accountablity of revenue, then the country shall be gold

@@Sage-qd2zl yea don't worry we are heading to 1949 figures very soon.

@@Sage-qd2zl yea but doesn't change my point towards accountability, considering its us Indians who built dubai and govt has revenues. and fyi india pays taxes equivalent to usa for direct taxes and Singapore for indirect taxes...all this and they still don't have funding, means yea india is screwed literally, prepare for govt being rich and economy being poor. So yea whole argument is moot

@@arunkurian9367 agreed, and we'll said Arun.

@@toufeeqahmed4306 lol np...he high on Modi sarkar over there.

But, they pay corporate tax.

Yes that's why common man edaves least taxes but when they do they get caught pretty easily. Usually it's not like department cares for 50L black money but when they do they don't leave one drop of blood in you

Because businessman takes risk, invest their capital and generate employment so that people can get job and salary. Also income of businessman is not fixed whereas salary person income is fixed. So balance the overall situation they get some benefits.

@@zaheer6541 this is the most lame explanation anyone can hear .more risk means capital invest so they get more benefits 🤣

@@zaheer6541 you have a good point

Kyuki gangadhar hi saktimaan hai 😂😂

The concept of wider tax base is more applicable towards Indirect Taxes, which cover almost every transaction in every sphere of life. Income Tax is a tax which is necessarily levied on the wealthy to prevent large accumulation of wealth because the propensity of a person with higher income to spend his income in consumption is much lower compared to a person with lower income. Essentially if this wealth is accumulated in the hands of a wealthy person it stops circulating in the economy, unless they themselves reinvest it (which is the concept of CSR). The model of governance in economic terms would be successful if the governement is able to ensure that there is very little money tied up in non productive savings and maximum money is being re-invested or consumed in the market. Direct Tax is being levied primarily so that they can tax that money and then through Government expenditure bring it back to the economy.

@@kgarodiya You are mistaking wealth tax for income tax.

@@RahulSarode Wealth Tax is a way to bring already accumulated wealth back into circulation, whereas Income Tax is a way for the prevention of that accumulation in the first place by taxing the income as it arose before it becomes wealth. Also, India removed the Wealth Tax as replaced it with Surcharge - so Income Tax in our country operates on very similar principles anyways to a wealth tax.

Sahi bole GURU...!! But isse Sarkar chalane wali PARTY nuksaan hai... So kabhi nai hoga..!!

What about double taxation, we are already paying taxes in the form of (CGST+SGST above 9% each) on buying products

Very true..agree with u.. But sadly other subjects which are seldom of use are taught..😔

Yes i am also waiting

Yes, sir

Ghotale matlab scam 👍

Yes sir make

Please make a video as said.

Which political party is ready to do this ? How to contact them ?

@@JamesRodriguez10783 bhai pata lage to meko bhi bta dena😂

Same bro

same

Same video par same comments.. sab Engineering me hai.. aur sab business man banna chahte hai.. sab randomly aaye aur sab hook ho gaye Yehi to scam hai ! :)

All the best brother, don't get demoralise by anyone, you are the best , and you can!

@@zerotoinfinite2006 😂 😂 Exactly

@@zerotoinfinite2006 using bots for comments to increase outreach

Recording raat ko hoti hai maalik 😆

Hum nahi sudhrenge😂

😂😂😂

​@@TaxationWithCASahilJainca sahab please make a detailed video on 44ada. there's too much confusion.

Tax evasion is not awesome bro.😂😂 Sir's way of explaining is awesome.

Keep this 🔥till you add Prefix CA to your name

@@hoppingman7445 thank you so much bro

@@shadowghoul9036 firs stop watching naruto

@@Khurshid.007 bhai dekh ke chod chuka hoon

I wish I could

Salaried employee hone ka nuksan

To bhai train to chalayega fir

@@wewe-fx6un u have chosen to not take risk by salary Businessman take risk and hence can afford to evade taxes

@@ucantcme2299 business wale paise ka risk lete hai. Hum log apna life dedicate kar dete hai for menial salary

He can anyway use the money that he would have saved through the years. It is not that he starts every year with Rs 0 :)

Watch this to understand Presumptive Taxation Scheme kzfaq.info/get/bejne/btdolLGGr8Cdk58.html

Govt is tracking this too 😂😂

@@dakshtaneja9189 😂😂

Pandora papers : rich get richer 😜 not just govt anyone can read our comments

10k mea kya tax dega

Hi prateeek I AM A CA FINALIST, THERE ARE TWO TYPE OF TAXES , DIRECT TAX AND INDIRECT TAX , THE MONEY YOU EARNED AND GIVE TAXES TO GOVERNMENT IS TAX ON INCOME THAT IS INCOME TAX AND GST IS A CONSUMPTION BASED TAX , HOPE U GOT IT

You are exactly right. Salaried persons are the biggest victims of this scam called 'taxation' by the government thugs.

I understand your point....The double taxation part hits hard for the salaried. One proposal can be that for goverment link that income to some sort of identification ( i.e pan) and whenever the person purchases some big ticket item then certain amount of tax can be rebated ( from the tax is already paid by showing pan) Current Problem is that the government has no incentive to do so unless the people protest, and the salaried class rarely has time to protest

Vote for good political party...in an interview kejriwal was asked why is he giving everything free even to people who don't pay tax...he said everyone pays tax even poor people pay tax..my point is even our media is very corrupt now a days they won't ask politician about how govt spent money on contacts and roads etc etc...but if someone is using our tax money for common people they will call the public muftkhor 🤣

@@swapnilpakolu4395 they are the only get money directly credited to account. ..hence the difference

80ggc main 100% hi deduction hai sahi se dekho Aur 1crore ki income main 70lac hi mila hai usko kyunki 30%tds kat gaya hai aur 87lac ka donation 57 lac current income aur 30 usne previous income se diya hai Aur 13 lac current taxable income bataya hai 84lac return hone par uske income 84-30 =54 current year ki hogi kyunki 30 uske previous ka hoga aur 28 lac tds se return hoga aur 13lac jo white money hai usme se Aur jo 2 lac tax bataya hai sir woh computation hai tax to pehli tds ke through kat chuka hai Uske pass ki saving 54 donation return +28 tds return +13 white money = 95 lac hua 2 lac tax ke aur 3(87-84) lac actual party ko donation de ke kate Toh actual tax 2 lac hi hua

bhai unka black white ho rha..toh woh band kyu krenge..

Usually they spend that money not on their name. If they purchase land / Flat; show it purchased on the name of wife, parents, children. If they purchase a vehicle, they do so on the name of their relative. They are happy (because maintaining cash in home is their prime headache) to help their friends or relatives in cash when in their time of need.

Itna paisa to Maine Kabhi Dekha bhi Nahi hai

@@Ritam_gg skill up and get the job, you would see in your compensation letter

Always consult a CA paying him a fee of 5000 is better.

No 84 lakh then 13 lakh - 2 lakh = 95 lakh

Exactly!! Even I was wondering the same, sahil sir could you please clarify?

@@Yuviagarwal same doubt

You are taking about section 80G in which 10% of GTI is the limit. For 80GGC there is no limit as such.

Correct. It’s a clear red flag. I just illustrated that as an example.

It can raise a red flag but they can only raise q question can't do anything anyday my money I have donated or burnt not govt. Prob cuz u have paid white money to them. ..

@Lokesh Jain that's what I am saying they can just ask or keep a watch ..but can't hold uh in contempt

He, wont do it to a single political party. He will give donations to charitable trusts as well.

@@arpansaha8323 doesn’t matter how many parties he has diversified his donations into. Logically speaking if a person is donating majority of their income, question will arise as to how they are financing rest of their daily expenses. One needs to spend for housing, food, utilities, lifestyle expenses so what will be the source of income in such scenarios.

Hi Jayesh, As per my understanding, that amount is taxable from day 1.And lock in period is for you, to not leave company before 2 years. If you leave, you have to pay joining bonus back to company.

btw is it a MAANG org paying so much as joining bonus?

@John Campbell Can you link me up with your broker? And how good is your broker?

@John Campbell I'm so glad, thank you so much! I'm gonna get in touch with him right away.

Frank Henry has been the source of my income since this economic recession started and even now

For expert advise

Connect him on G mail

Yes

Exactly, totally wrong example he is taking. Don't understand what's the use of telling incorrect things on KZfaq.

He will take loan for remaining amount and donate to political party 😂

a company deducts tax based on your investment proposed at start of year. In jan feb of every year it asks for proof of your proposed investments. If you don't give proofs then they can deduct total tax as applicable but if you show the receipt of donation as in this case , then they will deduct tax only on the remaining 13 lakhs.

Also the taxation is based on slabs, so 30% is on taxable income above 10L

Arey bhai Jyadha nahi de sakta kya, uske pass aur paise bhi honge.

87 jeb se dega

Second question is valid though

@Pavan No 😂

17 lakhs is other income