I am literally saying "You're Genius, I searched so many channels but this short is to the point and many many helpful". I will share among my friends. THANKS

Outstanding - this is what you call simplifying to the extreme. A perfect example of Layman's term. Amazing!

this girl eased my headache under 60 sec lol. kuddos and thanks.

People paying tax to government for each and everything whether in form of GST or through Tax and all the government employees are being paid through this amount of TAX received, yet instead of helping the Indian people government employees consider themselves as superior and acts as if they are doing beneficence on us whether they are police or any government hospital doctor etc.

Can u make a elaborate video on 24-25 tax calculation and what are the areas of investment for tax benefits..

Wow! Simply fantastic. Sister is the best financial advisor i have found on KZfaq.

Thank you for this simplified explanation

You made my confusion easier. Wonderful video

40k hua tha tab dekha tha aj 1 million paar ho chuka hai wah 👍

very sweet way of explaining -- loved it

Hello, will the 7L limit as per new regime for no tax (with 25k rebate) applicable for HUF also? In case, if I receive all 7L as a gift from my friend as initial funding in my newly opened HUF account. Will this case be treated for 0 tax same as like for individual taxation.

But in new regime we couldn't claim any deduction, allowance perquisite reimbursement and other benifts But same as in old regime we can claim all the deduction from 80 c to 80 u also other allowances , perquisite, reimbursement Also for business man it is very important to select regime because one new regime is slect and asses pay tax then he can not pay tax in old regime he al ways compulsory pay tax in new regime only So take proper tax advice from CA before move to tax pay

Agr meri income kam h or hm 7 lac ka itr file karte h toh koi dikkat nahi nah?

Love the way you simplify the problem

Just calculate by both regimes.opt.for the one which is beneficial

R u manuyanamanu 🙄 ye kis line mai aa gye dii 😂

Best way to explain 👌👌 too good

sau anya youtubers ki - ek bikifayati wali lady ki :)) This is a very helpful chart , thanks

when you say income, do you mean gross income or in-hand?

Does tax deduction claim include non taxable income like Food card, etc. ??

thank you , I loved that chart

Thanks mam, highly appreciate your efforts. Grattitude.

i saved this and shared to my friends for future itr

Here’s an expanded list of approximately 150 types of taxes levied in India: ### 1. **Direct Taxes** 1. Income Tax 2. Corporate Tax 3. Capital Gains Tax 4. Wealth Tax 5. Securities Transaction Tax (STT) 6. Dividend Distribution Tax (DDT) 7. Minimum Alternate Tax (MAT) 8. Alternate Minimum Tax (AMT) 9. Tax on Distribution of Assets (for trusts) 10. Tax on Gifts 11. Tax on Inherited Wealth 12. Tax on Royalty Income 13. Tax on Professional Income 14. Tax on Rental Income 15. Tax on Interest Income 16. Tax on Agricultural Income 17. Tax on Dividend Income 18. Tax on Foreign Income 19. Tax on Overseas Assets 20. Tax on Capital Transfer 21. Tax on Bonus Income 22. Tax on Commissions ### 2. **Indirect Taxes** 23. Goods and Services Tax (GST) - Central GST (CGST) - State GST (SGST) - Integrated GST (IGST) 24. Customs Duty 25. Excise Duty (on goods not covered by GST) 26. Central Excise Duty (on specific items like tobacco, alcohol) 27. Service Tax (part of GST now, but still relevant for past transactions) 28. Anti-Dumping Duty 29. Safeguard Duty 30. Countervailing Duty (CVD) 31. Special Additional Duty (SAD) 32. Export Duty 33. Import Duty 34. Additional Customs Duty 35. National Calamity Contingent Duty (NCCD) 36. Customs Handling Charges ### 3. **Other Taxes** 37. Professional Tax 38. Property Tax 39. Stamp Duty 40. Entertainment Tax 41. Electricity Duty 42. Water Tax 43. Land Revenue 44. Municipal Tax (local body tax) 45. Building Permit Tax 46. Estate Duty (Abolished but previously applicable) 47. Tax on Property Transactions 48. Tax on Market Transactions 49. Tax on Transfer of Shares 50. Tax on Digital Transactions 51. Tax on Agricultural Produce 52. Tax on Commercial Property 53. Tax on Lease Transactions 54. Tax on Professional Services ### 4. **Special Taxes** 55. Road Tax 56. Green Tax 57. Toll Tax 58. Entry Tax 59. Luxury Tax 60. Vehicle Registration Tax 61. Environment Tax 62. Development Tax (local body tax for development projects) 63. Infrastructure Tax 64. Urban Development Tax 65. Rural Development Tax 66. Pollution Control Tax ### 5. **Additional Taxes** 67. Cess - Education Cess - Health and Education Cess - Swachh Bharat Cess - Krishi Kalyan Cess - Goods and Services Tax Cess 68. Turnover Tax 69. Central Sales Tax (replaced by GST but still applicable for certain old transactions) 70. Local Body Tax (LBT) 71. Additional Duty of Customs (CVD) 72. Tax on Purchase of Agricultural Land 73. Luxury Goods Tax 74. Agricultural Income Tax 75. Tax on Sale of Immovable Property 76. Tax on Vehicle Emission 77. Tax on High-Value Transactions 78. Tax on Rare Materials 79. Tax on Luxury Vehicles 80. Tax on High Net Worth Individuals 81. Tax on Gaming and Gambling 82. Tax on Lottery Winnings 83. Tax on Digital Assets 84. Tax on Cryptocurrency Transactions 85. Tax on Online Sales 86. Tax on E-commerce Transactions 87. Tax on Financial Transactions 88. Tax on Wealth Transfer 89. Tax on Corporate Bonds 90. Tax on Investment Income 91. Tax on Savings Accounts 92. Tax on Fixed Deposits 93. Tax on Mutual Fund Investments 94. Tax on Insurance Policies 95. Tax on Pension Income 96. Tax on Foreign Investments 97. Tax on Inheritance 98. Tax on Bequests 99. Tax on Trust Income 100. Tax on Charitable Trusts 101. Tax on Non-Profit Organizations 102. Tax on Religious Institutions 103. Tax on Educational Institutions 104. Tax on Healthcare Institutions 105. Tax on Sports and Entertainment Events 106. Tax on Cultural Events 107. Tax on Art and Collectibles 108. Tax on Real Estate Transactions 109. Tax on Construction Activities 110. Tax on Infrastructure Projects 111. Tax on Mining Activities 112. Tax on Oil and Gas Production 113. Tax on Renewable Energy Projects 114. Tax on Carbon Emissions 115. Tax on Water Usage 116. Tax on Waste Management 117. Tax on Natural Resources 118. Tax on Environmental Conservation 119. Tax on Wildlife Protection 120. Tax on Coastal and Marine Activities 121. Tax on Forest Conservation 122. Tax on Agricultural Development 123. Tax on Rural Employment Schemes 124. Tax on Urban Infrastructure 125. Tax on Public Transport 126. Tax on Tourism and Hospitality 127. Tax on Real Estate Investment Trusts (REITs) 128. Tax on Infrastructure Investment Trusts (InvITs) 129. Tax on Public-Private Partnerships (PPPs) 130. Tax on Corporate Social Responsibility (CSR) Activities 131. Tax on Intellectual Property Rights (IPR) 132. Tax on Patents and Trademarks 133. Tax on Copyrights and Licenses 134. Tax on Technology Transfers 135. Tax on Research and Development 136. Tax on Innovations 137. Tax on Startups 138. Tax on Small and Medium Enterprises (SMEs) 139. Tax on Large Corporations 140. Tax on Foreign Direct Investment (FDI) 141. Tax on Foreign Portfolio Investment (FPI) 142. Tax on Foreign Contributions 143. Tax on Non-Resident Indians (NRIs) 144. Tax on Overseas Income of Residents 145. Tax on International Trade 146. Tax on Cross-Border Transactions 147. Tax on International Investments 148. Tax on Diplomatic Immunities 149. Tax on Foreign Aid and Grants 150. Tax on International Organizations This extensive list includes both current and historical taxes, as well as various special and additional taxes relevant to different sectors and types of transactions.

Detailed video will be very useful mam❤

Mustaches look better 😂😂

Very nice

1. As Standard Deduction and NPS Employer Contribution are both part of the both regime, do we need to include/exclude them when computing Deductions for the above table? 2. Fine to include Less Section 10 Exemptions for Deduction computation? 3. Tax Regime value can only be provided as entry at ITR, form submission, correct? Only employer needs to be notified of the one to be adopted at year end filing? Or, is there means to check current Tax Regime linked with PAN etc?

Time to update this table now😛

Ca student laughing in corner 😂

Ammero ke maje maje😂😂

Old tax regime is always good so the government is planning to phased out it..

Buy agar hum new regime main Tax fill karte hain to usme hume gov ki taraf se kuch nahi milta and agar hum old tax regime fill karte hain to hume kuch percent amount mila. Like previous year mera 80k deduct hua tha and muje 24K mila tha.

What about those with 5 lakh income and minimal deduction

We have to pay tax on ctc or in hand?? If I am a salaried person so I have to pay tax on inhand or ctc which includes epfo n gratuity n all??

Just deductions or exemptions + deductions?

what about more than 50L? as extra 10% surcharge is added after 50L

Your acting skills reminds me of great legend mithun chakraborty's movie 🎥 deewana tere naam ka ' where the actress always have mooch tach 😂😊

Mam aaj apko dekh kar mujhe meri girl friend ki yad aa gyi same apki trah dikhti hai ❤

Old tax regime not selectable for ITR4 in AY 24-25

Which one should I pick for my business

For 11 lakh income with 3 lakh deduction, tax is lower in New regime? Explain how

Discussions should be not how much it deduct. It should what governments doing with this money. Buying MLA's and spending on PR or election campaigns or filling their pockets ??And what benifit private sector employees getting,🤔 unfortunately chapri media least bothered to discuss it.

Employer har saal regime change kar sakta hai kya ?

Old regime is good. We can claim so many deduction as well as exemption as compared to new regime unless aapne koi utpataan kaam na kara ho

Awesome Content. Thanks for the quick hack.

Here deduction is what we not come under tax?

If our tds is 0 , do we need to file income tax?

Mam Kabeer Singh movie k ragging waala scene me aap thi I ❓

Just use online tax calculator😅

Madem, if long term capital gain is 4 lakh, what is taxable amount.

1 crore ka mentioned nahi hai isme 😅😂😂😂😂😂 hum greeb log kya kre 😛😛😛😛

Mine is 18 which is best ?

Thanks.. But mujhe kuch samjh nahi aaya, ye regime or deduction kya hota h

Can we select the tax regime while filling itr or we have to select the regime before hand

Jitna deduction hai, utna package hai mera😑, usse bhi deduction hota hai kya?

11L but i dont wanna pay a dime

అల్లాహ్ తప్ప దేవుడు లేడు. (లా ఇలాహ ఇల్లల్లాహ్)

Koi objection toh nhi aaega na old tax regime se file krenge toh bcoz form 16 New tax regime k according dia hua h

Can you please add income in range. Like 11-15 = 3.25 lakhs

Keep up the good work, God Bless

25 lakh calculations did not work for me

Thanks for content ☺️😁☺️😁

Lol. 11lakh can also apply for the old regime. Subject to conditions ofcourse

Aree bhai ctc 10 ka hai to kya karne ka old new kisme karne ka

Awesome. Thanks!

This AY 23-24 ITR file in new tax regime and next AY year can be file in old tax regime

What do you mean by "Tax deduction Claim"?

Mera income 3 lakhs hai... Aur maine dream 11 mai only 200 rs hi kamaye hai.. Ab muze itr portal pr directly show ho raha hai itr 2 bharo .... Mai is wajah se itr bhar nhi paya itr 31 July se pahle... Ab aage kya kru... Kaise itr bharu..plz help

Tax slab must be 5% only

compensation amount for example for divorce settlement ke upar income tax bharana hota hai kya ?

Please share for AY 2024-25

Very useful for me

Tax Summary Total Annual Income 1100000 Total Deductions 300000 Tax Amount (as per old Tax regime) 75400 Tax Amount (as per new Tax regime) 98800 View Comparison You save Rs. 23400 if you opt for Old Tax Regime. Kuch nahi ata in logo ko.....

Thank you madam..i want to start itr filling business .can i learn with in one month.

Me to kuch samjha hi nehi yar ,😢

Income 16 lakhs. And only 1.5 lakh is invested in PPF. Should I go in old or new tax regime?

Awesome 🤩

lekin mera toh 5.5 hai mein konsa choose karun?

Mam , does IPPB share its saving account holders Data of money transfer to ITD for income tax notice ?

How can we achieve 4 .25 lac deduction.Example please. I think its impossible without home loan...correct?

केवल अल्लाह हि पूजनीय (सच्चा देव) है. (ला इलाहा इल्लल्लाह)

Mera income 5.11 L hai to kounsa best deduction EPF and LIC

Tax deduction kya hota hai

What about less 7.5 lakh income

For 10lpa??

mai to samjha nhi, dedicated video banaao.

Aap log aise doctors par video banay jo cash consultation charge krte hai ,fees ₹ 500 95% doctors apne clinic me lete hai aur per day average 50 patients hote hai, to per day 25000 kamate hai cash me,,lekin unka tax contributions kya hai, iss par aaj rak koi kyu baat nhi krta hai,,ye mujhe bhi smajh nhi aata

But how to know how much tax deduction I can claim?

What is meaning of deduction?

How to apply for rebate?

Madam mera form 16 old regime me hai aur me new tax regime me return file kr skta hu kya?

What if my income is 4L

Aap RJ Ashish k video mein aati thi na ??? 🤔

if my ltcg is less than 1 lakh then do i need to pay tax on that amount as per my tax slab?

Lekin agar jyada investment ki ho in property or In market to ITR se old regime me exemption milta hai rights

This table is wrong,simpling applying 30% deduction on income 7.5 lakh.

Meri selary per year 5 lakh hai to muje thodi koi tax dena hoga?

Mene 21jun ko ITR file kiya tha (ITR 2) but abhi tak clear nhi hua vo.. to ky kisi ko pta hai ye kitna time lega? Please help

Meri income unlimited hai jise mai gold and diamonds me convert karke videsh me black sales karta hu fir waha kee hard cash ko waha ke hawala wale logo se white karwata hu aur videshi account me rakh deta hu😂😂😂