अरे भाई ये सब हमारी समझ के बाहर है.हम यै सब नही समझ सकते है. हमको सिर्फ एटिएम और पिटीऐम चलाना आता है.इनकम टैक्स के बारे मे हम लौग सिर्फ अनाडि होते है ये सब कलकुलशन हमारी समझ के बाहर है.

सिर्फ ईंटिमेट करै कि ट्क्सस कीतना भरना है😂😂😊😅😊

I viewed thriughly whole video, but in last narrated that if Sr. Citizens having TDS up to ₹50000/- need not to file tax. Or Non Sr. Citizens income ₹.25000/- AY 2023-23. It mean that TDS for Sr. Citizens up exempted. Clarity me.

@@user-mb3fp8mb1l good , hum tax zero kar dete h

it should be but it is not. However you get 1 lac as tax free long term capital gain on shares

@@incometaxwallahthere are many types of persons whose yearly income sources are different. I write here few. 1. Govt employees who gets penson. Different classes are there. a. Who gets half of the basic salary a. 1. These people get health treatment facility also b. Scales of particular type of job is different from to state. This causes different economic level. Say first example, when Telangana got separated from AP, both Telangana state government and separated AP governments gave fitment in pay revision 42& 41% instead due of 21-26% for teachers. Then their salaries becomeuch more than professional ( engineers & doctors who IQ levels & talent levels more to get into B. Tech & MBBS. B. Pension system is not there for PSU. Salaries are equalized based on academic years by forgetting professional difference. A BA B. Ed person Telangana gets more than EIL or other PSU person. PSU jobs are very hard. C. People resign from Teaching can go abroad and earn money can join back Kerala even after 25 years. How ever the same policy or facility is not there in other states. D. I did my M. Tech and I left job after 14 years ecperience. That means I gave my job as opportunity other person. Before 1990 Interest rates on NRE FD was more than 20% & RI were getting 10-12% but later it became equal to RIs say 6%. An govt officer and politicians get gets salaries and pensions now. I don't get any thing. I can't drive & I can't engage a driver also. I earned money for nation and gave my job to others but I can't get any benefit from the government and I don't get medical or transportatikn or income tax benefits on interest. My status of living standard and situation much worse than retired primary school teacher. All others were in local enjoyed short comings of the government, say real estate benefits, since we are from the country we could have chance due to our non corrupt nature also. We kept all money in FDs to avoid black money operatikns which are top real estate. They buy by paying 1 crore but it is shown on records as 10 lakhs, similarly they sell it 1 crore but they show10lakgs on records. Where is justice and where is the system to help or protrct values of exNRI or good local persons

Thanks 👍 🙏🥳🎉

You're most welcome! Thanks

Thank you very much Mr. Sood for your compliment and positive response.

हमे सुन के अच्छा लगा कि आपको हमारी विडियो पसन्द आई आपका बहुत बहुत आभार हमारी विडियोज को देखते रहिये और अपने सवाल पुछते रहिये धन्यवाद

feeling wonderful, you like our videos. your feedback matters a lot

Thanks, keep watching and sharing

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Glad you like our videos thanks and keep watching and sharing our videos

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Glad you like our videos, thanks

Always welcome

Glad you think so!

Glad it was helpful!

Soon, aur aapka name bhi lenge video m

Thanks and glad you like our videos

Glad you like our video, Thankyou so much

Always welcome. our viewers feedback means a lot to us

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My Dear , bhai saab naraj mut hoiye. calculation 2.5 lac yaa 3 lac se hi hogi but section 87a ki rebate mileti aapko. jiski wajah se 5 lac in old TAx regime and 7 lac in new tax regime mai income par tax nahi dena. lekin agar income in limits se jyaada hoti hain to tax rebate nahi milati

Glad you like our videos. Thanks Keep watching and sharing

Thanks and welcome

glad you like this video, keep watching and sharing with your friends and relatives

Sure Old tax regime Income 6 lac, invest 1 lac in ppf Then 5 lac Income tax free. New tax regime 7 lac income tax free It's due to section 87A. We explained 87a in details in this video

You're welcome 😊

Keep watching and sharing our videos, thanks

Very well explained Thank you

Thanks - keep watching our videos

ok

didn't get you

Agreed

Thankyou so much , Keep watching us

you are right, but law is not like that till now. we appriciate your thought

see, there are three kind of senior citizens as per income tax act 1. 60 or 60+ called senior citizens 2. 75 or 75+ called specified senior citizens only for Section 194P 3. 80 OR 80+ called super senior citizens only to allowed ITR filing in paper form thats is

Glad you enjoyed it

Ok

Thank you! Cheers!

Hame Khushi hoti h jab hamare viewers ko hamari video pasand aati hai. Thankyou so much

All feedbacks of our viewers are our motivation. Thanks 🙏

good, but one thing should be there, 75+ par super senior citizen ker dena chahiye govt ko .

Thanks, keep watching and sharing

old tax regime - also watch this small video for more and more clarity kzfaq.info/get/bejne/iJili8ll2squiZs.html

ok

standered deduction is available, you making mistake at some point in online itr filing

@@incometaxwallah thanks. Pl let me know that also why interest is levied on tax as senior citizens are free from advance tax payment?

Thanks ji

annuity pension is taxable under income from other source.

You asked a very very intelligent question. Interest paid means interest which you have received in your bank account. on other hand Interest Accrued means interest you have earned but not received in bank account. you must receive it on a certain date . Hope, your doubt cleared.

you are absolutely right

deduction u/s 80TTB is available in old tax regime only to all categories of individual tax payers whether seniors or non senior citizens

see, if he / she have policy, then cash expenses upto 199,999 allowed but if no mediclaim policy but want to claim deduction u/s 80D - Then all payment must be through banking channel

Kon payment due aa raha .

Thank you so much for your compliments. keep watching us. mention it in pension income under income from other source

there ARE three ways. 1. Open Capital Gain Deposit account in bank and deposit entire sale amont in bank to buy in next 2 years or construct in next 3 year a residential property. 2. Investment in Capital Gain bond and claim exemption upto 50 Lac u/s 54EC 3. invest amount buying - in next 2 years or construct in next 3 year a residential property right now.

no

50000 for interest, mediclaim insurance not available in new tax regime

aapne video end tak nahi dekhi shayad

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you are right Mr. Thakur, we are also of the same view as of you. but department says, people will misuse those provisions

Few available to nri and few not

see, salary / pension is taxable on due basis. Hence, include march pension in income of FY 23-24 and file form 10E

its covered in short in this video, but if you wanted a full video on 75 years age slab watch this kzfaq.info/get/bejne/otVmhpR_nKeWpWg.html

for interest - you are eligible to claim exemption u/s 24b upto 2 lac for principal - deduction u/s 80C upto 150000

same hain 5 lac Rs. No Revision of 6 lac or like that

what is source of income of this 8 Lac. pl explain source wise.

1. on 4 lac , there is no tax liability 2. can submit form 15 h

interest on SGB is fully taxable

ये व्याखया इसलिये बतानी होती हैं क्यु कि बहुत से लोग ऐसे हैं जिन्हे बेसिक रुल्स नही मालुम होते- इसलिये बेसिक से शुरु करके मुद्दे पर डिप मै जाते हैं हम अपनी बात करे तो . अब जो लोग विडियो को एंड तक देखते हैं उन्हे बहुत सी नही बाते पता चलती हैं और टैक्स भी बचा लेते हैं

yes. exgratia is taxable sure, will cover in a video

No

see, as far as our knowledge, after retirement , no one received HRA Iin pension hence, you are eligible to take HRA Exemption only upto date of retirement. even you are paying rent after retirement use this calculator to know your hra exemption online letsmakecompany.com/hra-calculator.php

see first of all , you must know that your agriculture land is covered under rural or urban land. watch this video kzfaq.info/get/bejne/ZsCJeKiot8zXg40.html if rural than fully tax free if urban - then all documents has to see and do tax planning

good

income tax section 208

Donation exemption not available in new tax slab.

ये मुच्वल फंड का पैसे जो आपके मिले हैं ये कैपिटल गैन के तहत ट्रीट होंगे और इस पर लोंग टर्म कैपिटल गेन टैक्स लगेग़ा इंक्मम मै नैट प्रोफिट शामिल होगा

Uff so many questions 1. 26 AS, AIS , TIS will be updated hopefully by 5th June. 2. If you are pensioners, then you can change tax regime if no business income. 3. To avoid excessive TDS deduction, use form 15 H At last, thank you so much for your lovely compliment about video

thanks for your feedback, we will take care of it. annual preventive health checkup deduction of 5k - we covered it under section 80D in this video apart from it - there is no other annual meduc test upto 3k

Law is law

What the extra ordinary job the govt. Service men have done for the nation where as businessmen have collected quantum of GST for the nation

medical insurance or medical expenditure deduciton not available in new tax regime

Sir, मैंने old regime के तहत 80c डेढ़ लाख की राशि घटाई परन्तु बाद में पता चला किमेरे पास LIC और PPF में 1 लाख ही हो रहे है।अब क्या करे? यह इनकम टैक्स मैंने REVISED के अंतर्गत परसो ऑनलाइन भर कर भेज दी है।मैं पेंशन भोगी हूँ ।

ITR 1 is applicable for you Subscribe this channel for more valuable updates

yes, you are eligible for all reliefs and deduction exemption which are allowed to senior citizens. watch our video till end to get valuable updates and subscribe us

Yes, it's eligible, condition is that policy issues from India.

no health insurance or medical expenditure deduction allowed in new tax regime for any person weather seniors or non senior citizens Subscribe this channel for more updates and reply

soon get a video for this. subscribe us for coming videos

80c deduction will be shown if you file itr in old Tax regime

वित्त वर्ष 24-25 मै आपकी आयकर विवरणी वरिष्ठ नागरिक के तौर पर ही भरी जाएगी आप्के सवाल पुछने के लिये आपका बहुत बहुत धन्यवाद हमारे चैनल को सब्सर्क्राईब करे

Glad it is helpful for you

read section 10 (13) a this section provisons and calcuions are under this link letsmakecompany.com/hra-calculator.php

There is no special deduction to senior citizens for rental income

no but watch this video kzfaq.info/get/bejne/iJili8ll2squiZs.html

other than cash par deduction milegi u/s 80d