10 High value transactions tracked by Income Tax | Specified Financial Transactions 285BA 2022

Let's discuss the High-value transactions which are tracked by the income tax department. It is mandatory to report all high-value transactions in the prescribed format by the banks and all other financial institutions. The prescribed format is called as a Form 61A or Annual Information Return (AIR). Any mismatch found in Income reported in ITR vs investment/expenditure may lead to the Income tax notice. So, you need to be very careful while doing financial transactions.
Link for income tax website:
www.incometaxindia.gov.in/tut...
If anyone deposit cash aggregating to Rs 10 Lakh rupees or more in a year in any savings account it is called as a high-value transaction.
Payment in cash aggregating Rs 10 Lakh or more in a year for the purchase of DD, Pay Orders or Bankers Cheque
Payment made in cash aggregating Rs 10 Lakh or more in a year for the purchase of pre-paid instruments issued by RBI
A Cash deposit aggregating to Rs. 50 Lakh or more in a year in one or more current account of a person.
A Cash withdrawal aggregating to Rs. 50 Lakh or more in a year in one or more current account of a person.
One or more term deposit (other than renewal) aggregating to Rs. 10 Lakh or above.
Sale or purchase of immovable property for an amount exceeding Rs. 30 Lakh or above
Credit card payment aggregating Rs.2 Lakh or above in a year is also considered as high-value transaction.
An expense in foreign currency via debit card, credit card or traveler’s cheque for the amount exceeding Rs.10 Lakh or above in a year.
Cash payment received for the amount exceeding Rs. 2 Lakh for the sale of goods or services by professional.
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Пікірлер: 4 500

  • @rakeshkumarmeena9648
    @rakeshkumarmeena96484 жыл бұрын

    All information is right.....bcz im work at Income tax deptt

  • @TaxGuruJi

    @TaxGuruJi

    4 жыл бұрын

    Thanks a lot Rakesh ji.. stay connected

  • @shailendrasinghrathore1188

    @shailendrasinghrathore1188

    4 жыл бұрын

    @Rakesh Kumar Meena

  • @rakeshkumarmeena9648

    @rakeshkumarmeena9648

    4 жыл бұрын

    @@shailendrasinghrathore1188 write a letter to DGIT INCOME TAX COMMISSIONER near headoffice

  • @jassthelegend8810

    @jassthelegend8810

    4 жыл бұрын

    @@rakeshkumarmeena9648 Sir DGIT Head office distt me hota hai....????

  • @aamirshaoor845

    @aamirshaoor845

    4 жыл бұрын

    Rakesh Kumar Meena hi sir ek jankari leni thi ki agar koi jamin bechata hai 30 lakh se uper ka to use bhi sarkar ko gst ya tax dena hoga agar nahi diya hai tax to hum complaint kar sakte hai kya pls reply sir

  • @anildave6664
    @anildave66643 жыл бұрын

    Your fluent & simple way of imparting Information regarding 10 types of transactions were quite informative. Such videos generate general awareness. Keep it up !👏👍👌

  • @jaishankarprasad9026
    @jaishankarprasad90263 жыл бұрын

    आप ने बहुत ही अच्छा सुझाव दिया है, यह जनरल जानकारी देकर ही सम्मानित कार्य किया है, इसके लिए बहुत बहुत धन्यवाद,

  • @JohnDoe-we9yk
    @JohnDoe-we9yk3 жыл бұрын

    Brother I wouldn't question your qualifications because every information you provided is true and simple straight forward. Tks 👍🙂

  • @rekharanisarkar9678
    @rekharanisarkar96782 жыл бұрын

    Thanks a lot for sharing the valuable information on high value transactions so clearly in simple language. Be Blessed.

  • @surajjoshi9910
    @surajjoshi99104 жыл бұрын

    Great piece of information you always provide Sir. I pray you never stop uploading videos on awareness about Tax Laws & P.Finance. I must say You are #Partnering in Nation Building 😇🇮🇳😇

  • @Imrankefect

    @Imrankefect

    4 жыл бұрын

    Good advice

  • @ajimpatave1984
    @ajimpatave19844 жыл бұрын

    इतनी जानकारी 10 पन्ने पढ़कर भी नहीं मिलेंगी भाई आपने आसानी से समझा दिया । बहोत बहोत शुक्रिया।

  • @TaxGuruJi

    @TaxGuruJi

    4 жыл бұрын

    You are most welcome Ajim.. Stay connected

  • @gurpreetsingh6087

    @gurpreetsingh6087

    4 жыл бұрын

    Good information

  • @kushkumar5079
    @kushkumar50792 жыл бұрын

    सर, आपने बहुत ही अच्छे एवं सरल भाषा में बातों को समझाया बहुत अच्छा लगा और आप ऐसे ही बहुत अच्छी-अच्छी उपयोगी जानकारियां हम लोग को देते रहिए और आपके समझाने का तरीका बहुत ही अच्छा है।

  • @chandikaprasadmohanty9313
    @chandikaprasadmohanty93133 жыл бұрын

    Thank You for educating people.

  • @rahulraj148
    @rahulraj1484 жыл бұрын

    *पहला यूटूबर देखा है भाई जो हर कमेंट का रिप्लाई देता है। वाह भाई। 👍👌*

  • @TaxGuruJi

    @TaxGuruJi

    4 жыл бұрын

    Rahul, I try to reply to every comment. Stay connected

  • @diujay

    @diujay

    4 жыл бұрын

    @@TaxGuruJi Please make video for NRE/NRO account user. Yearly kitna deposit kar sakte hai??

  • @user-tn6mv7sh8j
    @user-tn6mv7sh8j4 жыл бұрын

    बहुत ज्यादा अच्छी जानकारी बहुत साधारण शब्दों में। इस कार्य के लिए अभिनंदन

  • @TaxGuruJi

    @TaxGuruJi

    4 жыл бұрын

    You are welcome.. Stay connected

  • @manishjain7699
    @manishjain76993 жыл бұрын

    Quite informative and in comprehendible language too... Really Appreciable !

  • @dnyandevchaure5154
    @dnyandevchaure51543 жыл бұрын

    बहोत ही महत्व पुर्ण बाते बताई है आपने. Thanks sir🙏🙏

  • @royalsafari6046
    @royalsafari60464 жыл бұрын

    Informative in easy words. thanks dear. also elaborate the person who received big amount on sale of immovable property that who do not file IT return.

  • @GauravSharma-xj8cj
    @GauravSharma-xj8cj4 жыл бұрын

    Thanks Sir for explaining in simple terms. Much appreciated 👍

  • @TaxGuruJi

    @TaxGuruJi

    4 жыл бұрын

    You are most welcome Garuav.. Stay connected

  • @musharrafali9204

    @musharrafali9204

    4 жыл бұрын

    @@TaxGuruJi Oc

  • @rakeshkumarsaxena9612

    @rakeshkumarsaxena9612

    3 жыл бұрын

    R.K.Saxena. Scss me apani F.D. se 10 Lack of 10 Lack above ka investment karta who then eski information Bank I.T. Department ko Dega.

  • @s.ndixit1586
    @s.ndixit15862 жыл бұрын

    शानदार प्रस्तुति के लिये बधाई हो और बहुत बहुत धन्यवाद ।अच्छी जानकारी दी है ।

  • @shambhu99391
    @shambhu993912 жыл бұрын

    Most Of my Banking transaction/ Payment/ Income taxes confusion is cleared from this Video. 🙏 Thanks 👍

  • @TaxGuruJi

    @TaxGuruJi

    2 жыл бұрын

    Thanks a lot. Stay connected for more videos on ITR filing and income tax related information.

  • @Sunshinesp
    @Sunshinesp4 жыл бұрын

    Sir you are a very good and knowledgeable Charted accountant and you explain important information in very simple language.... please keep such important videos always...Great work and really appreciated..Thanks again...

  • @rajsingh-rh3pd
    @rajsingh-rh3pd3 жыл бұрын

    A lot of thanks, for this type of information .

  • @user-ol2wf9nh5i
    @user-ol2wf9nh5i Жыл бұрын

    Brother Dhanyawad. from a Sr.Citizen, 77 years.

  • @chandrashekharvyas7127
    @chandrashekharvyas71272 жыл бұрын

    अत्यंत ही अनुकरणीय एवं महत्वपूर्ण जानकारी दी है आपने 🙏 धन्यवाद

  • @jamesguru9505
    @jamesguru95054 жыл бұрын

    Dear Gaurav, Thank you for sharing the the valuable information.

  • @TaxGuruJi

    @TaxGuruJi

    4 жыл бұрын

    You are welcome sir. Stay connected

  • @poonamlsaheja5877

    @poonamlsaheja5877

    3 жыл бұрын

    34

  • @dilipbehera9307

    @dilipbehera9307

    3 жыл бұрын

    Sir agar me swipe machine se rupay ya fir kisi visa cards payment accept kiya .. to kya iska hisab it walo ko jayega

  • @gorakhnarwade7299
    @gorakhnarwade72994 жыл бұрын

    Nice info sir.. Thanks for the guidance. Please make videos on Mutual Fund Investments (direct Mutual fund, regular MF, which 5 AMCs MF is best for the investment in 2020 )

  • @TaxGuruJi

    @TaxGuruJi

    4 жыл бұрын

    You are welcome Gorakh. Will cover this topic in my future vidoes

  • @kalyanshetty1

    @kalyanshetty1

    3 жыл бұрын

    Thank you very much for valuable information

  • @amitavaroy7031
    @amitavaroy70312 жыл бұрын

    Excellent explanation indeed! Thanks & wish you all the best!

  • @s.ndixit1586
    @s.ndixit15863 жыл бұрын

    बहुत ही लाजवाब है कहानी ।सुन्दर जानकारी है ।धन्यवाद और आभार ।

  • @AshaSharma-tp3ir
    @AshaSharma-tp3ir3 жыл бұрын

    Very good,thanks for enhancing knowledge r.k.s

  • @maheshlavishetty4277
    @maheshlavishetty42773 жыл бұрын

    Thank you very much for sharing the the valuable information.

  • @jaisingkataria2918
    @jaisingkataria29183 жыл бұрын

    Khub saras powerfull knowledge diya aapne ye kam hum logo ko samajane ka hamara CA.KA HAI JO AAPNE KAR DIKHAYA THANK YOU👌👌👌👌👌👌👌

  • @pankajtarekar6976
    @pankajtarekar69763 жыл бұрын

    Wow. I learn lots of things form these video. Thank you sir. Keep educated me.

  • @ABC-pr8cj
    @ABC-pr8cj4 жыл бұрын

    धन्यवाद सर् जी एक महत्वपूर्ण जानकारी देने के लिए ।मै आपके चैनल में नया जुड़ा हूँ जानकारी अच्छी लगीं।।

  • @TaxGuruJi

    @TaxGuruJi

    4 жыл бұрын

    You are welcome sir ji

  • @bingsgame7418
    @bingsgame74185 жыл бұрын

    Income tax is a complicated language of sections & sub sections, Ur simplifying it in national language.. thanks!!!

  • @TaxGuruJi

    @TaxGuruJi

    5 жыл бұрын

    Most welcome Abdul.. I try to give my best.

  • @mohankale252

    @mohankale252

    5 жыл бұрын

    Dear sir, Your Income Tax Information Is Very Valuable & Practical, I Appreciate Your, Thanks To You. Mohan Kale, Mulund.

  • @bharatekswad3284
    @bharatekswad32842 жыл бұрын

    बहुत ही हेल्प फुल जानकारी है धन्यवाद

  • @ArseAlam5710
    @ArseAlam57103 жыл бұрын

    Sir Aap Bahut hi achhe se samjhaye hain..Good Information Sir

  • @TaxGuruJi

    @TaxGuruJi

    3 жыл бұрын

    I am glad I could help. Stay connected for more informative videos

  • @deepaksonkusare1017

    @deepaksonkusare1017

    2 жыл бұрын

    @@TaxGuruJi g ह kh थ tthtthttttthhthhhghhttht5tttghttt

  • @gurdevsingh-bk2ve

    @gurdevsingh-bk2ve

    Жыл бұрын

  • @abhikshome5386
    @abhikshome53864 жыл бұрын

    Brother, gave a very good information. Thank you so much.

  • @TaxGuruJi

    @TaxGuruJi

    4 жыл бұрын

    You are welcome Abhik.. stay connected

  • @komalsinghskd
    @komalsinghskd5 жыл бұрын

    Sir M law kiya h Income tax gst me practice kr rha hu Aaj वास्तव में आपकी समझाने की टैक्नीक बहुत अच्छी लगी आप सच मे ही गुरु हैं आपके चैनल को मैं ज्यादा से ज्यादा शेयर करवाया है

  • @TaxGuruJi

    @TaxGuruJi

    5 жыл бұрын

    Thanks a lot Komal Ji.. Stay connected and keep supporting.

  • @mahasmeer3847

    @mahasmeer3847

    4 жыл бұрын

    Komal Bhati okthankyou

  • @shahulismail5874
    @shahulismail58742 жыл бұрын

    Dear Sir, very clear explanations. Highly impressed . Continue your service. God bless you.

  • @sunilvedpathak2220
    @sunilvedpathak22202 жыл бұрын

    Thanks for such an important information to know more about the taxation levied upon us.

  • @rnhotta18129
    @rnhotta181294 жыл бұрын

    Explained nicely. Looking forward to seeing you again with a new content. Thank you.

  • @TaxGuruJi

    @TaxGuruJi

    4 жыл бұрын

    You are most welcome sir.. Stay connected

  • @Satishkumar-ds4jm
    @Satishkumar-ds4jm4 жыл бұрын

    Sir, request to provide a video on itr filing for defence govt employees.

  • @SanjayKumar-mi1in
    @SanjayKumar-mi1in3 жыл бұрын

    No doubt Bhai you have given a very very nice and wonderful, valuable information to all of us. Thank you so much Bhai 👍👍🇮🇳

  • @taralpremkamble5526
    @taralpremkamble55263 жыл бұрын

    THE BEST VIDEO FOR EVERYONE UNDERSTAND THE INCOME TAX. THANKS

  • @rdmaheshwarisir1180
    @rdmaheshwarisir11803 жыл бұрын

    Admirable exposition and highly valuable. Congratulations.

  • @ajaymahajan07
    @ajaymahajan073 жыл бұрын

    Mahatvpurn jankari ke liye bahut bahut dhanyavad 🙏🙏🙏

  • @madhukarmorey8945
    @madhukarmorey89452 жыл бұрын

    धन्यवाद, आपके महत्वपूर्ण जानकारी के लिये.

  • @ashwinkumar8174
    @ashwinkumar81744 жыл бұрын

    Very good and clear info Thank you Keep it up

  • @laxmidulbran1610

    @laxmidulbran1610

    4 жыл бұрын

    I hv one question sir. One of my foreign friend want to investment in India in Hospital. He wants to give a responsibility to take care of his investments. Shall i give him my documents or its risky? Plz reply me (if possible) on my mob no. 9833651490. Pooja mumbai

  • @nabilkhan6943
    @nabilkhan69434 жыл бұрын

    Well very useful information about daily expenses and transaction. Thanks for the video...

  • @TaxGuruJi

    @TaxGuruJi

    4 жыл бұрын

    you are most welcome Nabil ji .. Stay connected

  • @nabilkhan6943

    @nabilkhan6943

    4 жыл бұрын

    @@TaxGuruJi yeah sure!!!!

  • @sudhirgautamji
    @sudhirgautamji2 жыл бұрын

    कमाल कर दिए हो सर जी... धन्यवाद 🙏🙏🙏

  • @rajeshkumarrajoria6954
    @rajeshkumarrajoria69543 жыл бұрын

    Your way of Explanation is really very very nice. Thankx dear for updating knowledge of peoples. Add SP (IPS)

  • @chandanrawat7959
    @chandanrawat79594 жыл бұрын

    Information given by you are most valuable Sir! Thanks a lot!

  • @TaxGuruJi

    @TaxGuruJi

    4 жыл бұрын

    You are most welcome Chandan... Stay connected

  • @vivekpadmawar8961
    @vivekpadmawar89614 жыл бұрын

    Excellent Information! Very transparent, open and honest sharing of information. Thank you so much.

  • @TaxGuruJi

    @TaxGuruJi

    4 жыл бұрын

    You are welcome Vivek ji.. keep supporting.. Stay connected

  • @RajinderSingh-in2ki
    @RajinderSingh-in2ki3 жыл бұрын

    Wonderful information! May God Bless you always!

  • @TaxGuruJi

    @TaxGuruJi

    3 жыл бұрын

    Glad it was helpful!

  • @Abc-gw1dh
    @Abc-gw1dh2 жыл бұрын

    बहुत बेहतरीन जानकारी दी आपने बिना टाइम वेस्ट किए साफ साफ

  • @manishpundir28
    @manishpundir284 жыл бұрын

    What about the situation if we are breaking or maturing an FD of more than 2 lakhs to our saving account? Is there also a limit in FD maturity?

  • @williamalmeida5868
    @williamalmeida58683 жыл бұрын

    Explained very nicely, in short.

  • @amarsinghabani371
    @amarsinghabani3713 жыл бұрын

    Good presentation. U should prepare exclusively for POI status people who have come to india and doing job

  • @ashokkumargouda4283
    @ashokkumargouda42833 жыл бұрын

    Thanks for describing the provisions nicely.

  • @swapnilbagul8554
    @swapnilbagul85544 жыл бұрын

    Sir I am in USA and often sending money to my mothers account in India what can be maximum limit of amount I can send to her account so that she dont need to worry about incometax dep.

  • @drsumadhurmalhotra7869
    @drsumadhurmalhotra78694 жыл бұрын

    Very good dear I was unknown person but you be good Knowledge very understand thank u lot so much...

  • @TaxGuruJi

    @TaxGuruJi

    4 жыл бұрын

    You are welcome

  • @drsumadhurmalhotra7869

    @drsumadhurmalhotra7869

    4 жыл бұрын

    Thank u sir

  • @user-co8oc1rm5w
    @user-co8oc1rm5w3 жыл бұрын

    thanks sir for the valuable and helpful informations.🙏

  • @sandeepparmar5922
    @sandeepparmar59222 жыл бұрын

    Very important info; very simply put without interminable drivel. Highly recommended. Dr Sandeep Parmar

  • @abdullahshaikh7255
    @abdullahshaikh72554 жыл бұрын

    What Income tax Department ask if we transact more than 10 lacs in financial year?

  • @soniverma5575
    @soniverma55753 жыл бұрын

    Sir aapki vedios mujhe bhot pasand hai bhot helpful bhi hai 👍 But sir next vedio me ek smile jarur karna aap😊

  • @jaiyveersingh2654
    @jaiyveersingh2654 Жыл бұрын

    Bahut bahut dhanyabad sir is jaankari ke liye

  • @gouriesham5664
    @gouriesham56643 жыл бұрын

    Thank you very much. Awesome explanation.

  • @NazimGamers
    @NazimGamers4 жыл бұрын

    2:00 one year ka hota h ye?? mtlb hm ek saal tk agr 10 lakh ka transaction krte h apne account me net banking wagera ya other digital platform se toh problem toh nhi hogi?

  • @vishalroy8314

    @vishalroy8314

    3 жыл бұрын

    KZread se kitna aajata h bhai one month ka😄

  • @namratachavan2129

    @namratachavan2129

    3 жыл бұрын

    Good

  • @hannutech8283
    @hannutech82833 жыл бұрын

    Is bank share information to income tax dept. about the interest earn by savings accounts and is there any limit of amount ? Please guide me .

  • @srinidhi1977
    @srinidhi19773 жыл бұрын

    Thank you for your valuable information.

  • @ps20
    @ps2014 күн бұрын

    बहुत सुंदर बताए ❤❤❤ क्रेडिट कार्ड शेयर बाजार और बचत खाता इत्यादि के लेन-देन के बारे मे 👌

  • @DevinderSingh-fe5dz
    @DevinderSingh-fe5dz4 жыл бұрын

    Thanks for the valuable information sir, please keep on updating our knowledge in the same way thanks once again.

  • @TaxGuruJi

    @TaxGuruJi

    4 жыл бұрын

    You are welcome Devinder ji. Stay connected

  • @ashokkumarsahu584
    @ashokkumarsahu5844 жыл бұрын

    Thank you sir,,,,,,,,,very important information

  • @TaxGuruJi

    @TaxGuruJi

    4 жыл бұрын

    You are welcome Ashok ji. Stay connected

  • @alpeshdc
    @alpeshdc2 жыл бұрын

    Thank You Very Much For Very Easy Mode To Explain

  • @dpawar3047
    @dpawar3047 Жыл бұрын

    बहुत बहुत अच्छा माहिती दिया धन्यवाद 🙏🌹

  • @syednajib5530
    @syednajib55303 жыл бұрын

    Thanks for good information, foreign se 1ya2 lakhs Remitly se aaye tu kaya income tax ko Bank msgs send karti hy? ?

  • @abcdefghi9776
    @abcdefghi97764 жыл бұрын

    Very useful information and clear understanding. Please make another video on current year tax slab. Also suggest various ways of investment (like 80c) for salaried persons point of view in order to save tax.

  • @TaxGuruJi

    @TaxGuruJi

    4 жыл бұрын

    You are welcome Suraj ji. Video is already available on channel

  • @rahulhooda6427

    @rahulhooda6427

    2 жыл бұрын

    @@TaxGuruJi phone pay Google pay insai kitne kr skti h sir ??

  • @rekhaajit3601
    @rekhaajit36013 жыл бұрын

    Thank you,imparted great knowledge ,keep it up

  • @neerajbajaj3684
    @neerajbajaj36843 жыл бұрын

    Thanku very much Gaurav ji 🙏🙏

  • @majidpatanwala7612
    @majidpatanwala76123 жыл бұрын

    The main problems being faced in digital payments is that the banks take 24 hours to register the payee. If I want to pay party A, after I apply for the transaction,the bank takes 24 hours before they allow the transaction.

  • @ayushshaw2400
    @ayushshaw24005 жыл бұрын

    Thank you sir

  • @TaxGuruJi

    @TaxGuruJi

    5 жыл бұрын

    You are most welcome

  • @arunmulye4493
    @arunmulye4493 Жыл бұрын

    Excellent vdo to educate people's at large about tax information and it's implications for not abiding by tax laws thanks 👍

  • @nandanaseri7761
    @nandanaseri77613 жыл бұрын

    Very much useful to common man who has no idea about tax calculation.

  • @anandkr6035
    @anandkr60353 жыл бұрын

    If a person has nothing to earn he will die bcoz of hunger and govt will not bother to give him food to stop him from dying. But if that same person starts earning money for himself govt comes in and asks its share of earned money and if he refuses or conceals he will be send to jail. What a corrupt style of govt.

  • @vimalsharma425

    @vimalsharma425

    3 жыл бұрын

    U r moron .. dude..

  • @anandkr6035

    @anandkr6035

    3 жыл бұрын

    I think u don't earn much that is why u get happy to call others moron. Go and try to earn above what average people earn. U will then know how bad it is to pay loads of taxes. Either u earn too less or u don't earn too much so your taxes don't affect you or may be ur CA is good enough to alter your balance sheet. People like u will never understand some things.

  • @kashinathhegde1617

    @kashinathhegde1617

    3 жыл бұрын

    You must be proud to pay income tax to government. But at the same time government must take care of taxpayers at their non productive years. There must be a system to declare you can't earn anymore due to your medical conditions. How government will know you are starving? If the tax payer base increases tax rate will go down. People earning at young age must contribute to tax, to get the required social security and food coupons at their old age

  • @anandkr6035

    @anandkr6035

    3 жыл бұрын

    @@kashinathhegde1617 When the government can have have the data of income of a taxpayer then do u really think that goverment does not have information of the people in the country that are starving and those who does not have shelter. Really ? I just want to say Mr Happy Taxpayer , that , the dedication with which a government tries to recover taxes , impose taxes, bring amendments to taxes every now and then , they must show the same dedication to serving the people of the country and in every aspect and services. The poor quality 1st , 2nd and 3rd class ac trains , high toll taxes on national highways but not the corresponding maintenance and repair, corrupt policemen, corrupt itos , no proper goverment hospital like AIIMS in every state , no big govt educational institutions in every state, horrible goverment offices and registrar offfices for registering driving licences and property in states, no emergency medical services on demand on telephone and etc etc and etc. Why do we pay hcess and ecess , for the poor quality of infrastructure in government schools. I am happy to pay taxes but I am not happy the way taxes are utilised and I am also not happy with the government taxation . Somebody who earns 15 lacs , he pays @ 30 pcent on 5 lacs ie 1.5 lacs and @ 20 pcent another 5 lacs ie 1 lac , total 2.5 lacs . Income left 12.5 lacs . Apart from this one time tax of 2.5 lacs , he pays taxes every day , gst at petrol station, at restaurant , at mobile recharge , gst on purchasing any item and services, gst while buying clothes , gst while buying electronics even pay gst while taking a lawyer or ca service , even gst on medicines for saving his health. I think after paying gst everyday for 1 year you will be left with 10 lacs . So A taxpayer earned 15 lacs a year p month 1.25 lac and now after taxes p month income reduces to 85000. Total deduction of income 30 pcent and he is left with just 70 pcent of what he earned and now with this he has to expend on his family pay home emis car emis kids schools. Just open eyes and realise that he will be left with nothing at the end and to earn this 15 lacs if he is employed in good MNC Job would take him 5 years to do so . Any many are not lucky enough to reach this 15 lacs p a in 5 years rather 10 years or may be 15 years and the question mark is what services does he get in return from government . No service or Poor service.

  • @kashinathhegde1617

    @kashinathhegde1617

    3 жыл бұрын

    You are right. That's why I always feel government's job should be to oversee the administration and private players shall be allowed to run the municipality, corporation,railway and roads and hospitals.etc. Government shall strictly oversee the work done by them. It is impossible to run the country's all facility by single PM,CM,or MLA.

  • @wahhajahmad4791
    @wahhajahmad47913 жыл бұрын

    Thanks bro! Really grateful to be living in such times where information is free.was able to withdraw my pf via watching your videos!

  • @deepakkumar-ub1rp
    @deepakkumar-ub1rp2 жыл бұрын

    Thank u sir🙏🙏simple language me samjhane ke liye

  • @ramendragupta5482
    @ramendragupta54824 жыл бұрын

    Hi how r u ? Ek query h suppose koi bande ne short term capital gain kamaya 2 lac ek finamcial year me aur uski other income nil h means na vo job krta h na koi business ...to kya usko 15 percent tax dena hoga jabki vo basic excemption limit se kam h

  • @TaxGuruJi

    @TaxGuruJi

    4 жыл бұрын

    yes basic exemption limit should be available

  • @deepakshricharan5848
    @deepakshricharan58484 жыл бұрын

    Thanks guru ji🙏🕉️

  • @TaxGuruJi

    @TaxGuruJi

    4 жыл бұрын

    You are welcome

  • @tikaramy9211
    @tikaramy92112 жыл бұрын

    Sir,thanks for providing the important information about the income tax

  • @veenakarhade1177
    @veenakarhade11772 жыл бұрын

    बहोत आच्छी बाते बतायी आपने

  • @amithj.k.67
    @amithj.k.674 жыл бұрын

    Thanks, kindly keep the good work going

  • @TaxGuruJi

    @TaxGuruJi

    4 жыл бұрын

    You are welcome Amith ji.. Stay connected

  • @anvikaur6631

    @anvikaur6631

    3 жыл бұрын

    Sir agar 10 lakhs se jyada shares puchase kiye hai per alag alag company ke kiye hai tau income tax mei report hota hai ya nahi...

  • @OmPrakash-yo7qf
    @OmPrakash-yo7qf4 жыл бұрын

    9 lak mutual fund mei. 9 lak shares mei. 29 lak property mei. Credit. Card mei 90 thousand. Saving mei 9 lak. Invest kar deta hu. Ab kon kiya bigadegaa😅

  • @joeybing5960

    @joeybing5960

    3 жыл бұрын

    arre meri jaan😅🙏

  • @craftswithshreshth6053

    @craftswithshreshth6053

    3 жыл бұрын

    Are wah bahut badhiya

  • @OmPrakash-yo7qf

    @OmPrakash-yo7qf

    3 жыл бұрын

    @@craftswithshreshth6053 kiya badiya paisa nahi hei.

  • @jayhindjaybharat7623

    @jayhindjaybharat7623

    3 ай бұрын

    😂😂😂​@@OmPrakash-yo7qf

  • @vishalthakar7

    @vishalthakar7

    21 күн бұрын

    Are bhai mutual fund aur share market 1 hi hota he.. counting same hoti he money ki

  • @krishnapandit6785
    @krishnapandit67852 жыл бұрын

    Bahut achhe se samjhaya hai aapne thanks

  • @UmeshVaidya27121952
    @UmeshVaidya271219523 жыл бұрын

    Very important informative video ...! Congratulations ... Sir.!

  • @abhilashb13
    @abhilashb134 жыл бұрын

    Hello Tax Guruji Can we deposit 5 lakhs in cash in a financial year in a saving bank? Is it tracked ..asking this question in FY 20

  • @sarmavedula
    @sarmavedula4 жыл бұрын

    Excellent information. Appreciate your good work. A small doubt on Shares and MF transactions. Whether 10Lacs investment including multiple transactions across all companies and AMCs or in a single company/AMC? Please clarify it Sir.

  • @TaxGuruJi

    @TaxGuruJi

    4 жыл бұрын

    You are welcome Sir. As far as your query is concerned there is no clarity is given by the tax department but as per my understanding, this limit should be for an individual company/AMC.

  • @sarmavedula

    @sarmavedula

    4 жыл бұрын

    @@TaxGuruJi Thanks for your quick and frank reply sir. If interested, please subscribe to the channel and encourage my little efforts in uploading videos on tours.

  • @TaxGuruJi

    @TaxGuruJi

    4 жыл бұрын

    You are welcome

  • @rishabhraj2728

    @rishabhraj2728

    2 жыл бұрын

    Yes sir

  • @saurabhparikh8897
    @saurabhparikh88973 жыл бұрын

    Very important information sir thank you so much 🙏🙏

  • @chhotiladki7319
    @chhotiladki73193 жыл бұрын

    Thanks for your efforts and valuable information 👍

  • @sachin-uy8dy
    @sachin-uy8dy4 жыл бұрын

    100 logo ki video dekhi par samag sirf is video se ayi

  • @TaxGuruJi

    @TaxGuruJi

    4 жыл бұрын

    Thanks a lot Sachin.. Stay connected

  • @rajendrasinghrajawat6119
    @rajendrasinghrajawat61193 жыл бұрын

    Thanks for Latest updates.

  • @rahuldar988
    @rahuldar9883 жыл бұрын

    Amazing bro, very very helpful and simply samjaya ha ❤️

  • @nirmalnag9171
    @nirmalnag9171 Жыл бұрын

    Bahot badhiya sir. God bless you

  • @NiteenDongre
    @NiteenDongre4 жыл бұрын

    How many videos you have uploaded ? Can u give the link? It's good to add links of your all videos in description. All the best!!! When you share your knowledge more room is created in brain to store more knowledge. God bless!!!

  • @TaxGuruJi

    @TaxGuruJi

    4 жыл бұрын

    Niteen ji I have uploaded limited videos on KZread but I have maintained the quality. You can visit my channel to get access to all the videos. Search "Tax Guru ji" on KZread

  • @vinodjindal5195

    @vinodjindal5195

    4 жыл бұрын

    @@TaxGuruJi thanks sir

  • @Daylight_bakchodi

    @Daylight_bakchodi

    4 жыл бұрын

    @@TaxGuruJi this is true that you upload might be less videos but quality is at top

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