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Extremely helpful video..hats off to you that you provide these precious videos without charging any fee ...❤ Thank you sir ...

Adding few points for people who make some COMMON MISTAKES while focusing on TAX SAVING: 1. Saving taxes should be incidental, not the primary driver of your investment decisions. 2. Prioritizing tax savings can lead to suboptimal choices. So, Investments should primarily align with your financial goals like child education, wealth creation, retirement planning, Foreing trips (why not) etc 3. Chasing tax breaks with short-term investments might provide momentary gains but may not contribute to long-term wealth growth. Focus on investments with higher potential returns, even if they offer less immediate tax relief.

@CA_Surajdeo

4 ай бұрын

Simply put, if you can claim more deductions and exemptions then choose the old regime, otherwise the new regime.

@anilkumarbuddha5986

4 ай бұрын

सर शायद सैलरी बेस्ड लोगो के लिये ओल्ड रेजीम ही सही क्योंकि टैक्स बचाने के बहाने ही लोगोँ के पास के पास छोटी मोटी सेविंग हो जाती है। एवम सरकार के उपक्रमो को भी रुपया मिल जाता है। नए रिजीम में शायद इस कम है। आपका सुझाव स्वागत योग्य है।

@CA_Surajdeo

4 ай бұрын

@@anilkumarbuddha5986 completely true, BIlkul sahi Anil ji, Old best hai. Ushme forced saving hota hi, aisa 80C 80D etc ka option na rahe like tax benefit etc to kayi log jo thora saving investment etc old regime k karan karte the, wo bhi karna band kar denge.

@anilkumarbuddha5986

4 ай бұрын

@@CA_Surajdeo Ji Sir bilkul sahi kaha apne.

@CommercekiDuniyabyjeet

4 ай бұрын

New tax regime is leading to not to invest your money

After seeing so many videos, your video made a clarity about tax saving with very good example Thank you

The problem we have is because Most people always taught that " you only need a good job to become rich. These billionaires are operating on a whole other playbook that many don't even know exists.

@TheoXavier-5

15 күн бұрын

Money invested is far better than money saved, when you invest it gives you the opportunity to increase your financial worth.

@Russelbobby45

15 күн бұрын

The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.

@JohnMichael007

15 күн бұрын

I also keep seeing lot's of people testifying about how they make money investing in Stock, Forex and Crypto Trade(Bitcoin) and I wonder why I keep loosing. Can anyone help me out or at least advice me on what to do.

@AdamNicholas-3d

15 күн бұрын

Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.

@BradleyRaiph

15 күн бұрын

Trading under the guidance of an expert is the best strategy for beginners.

Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 7k in August 2023...

@George_vino

4 ай бұрын

Hello, how do you make such a monthly income? I'm a born Christian, and sometimes I feel down about myself because of my low finances. But I still believe in God.

@dustinlynn3348

4 ай бұрын

most people fail to understand that living a Life without passive income isn't worth much except trying to pay off debts and loans.

@user-cario

4 ай бұрын

To be successful in markets, investors should understand that the crypto market is highly profitable with a professional broker who understands crossover between asset classes & liquidity flow. Like Mr Charles Lucas focuses who on Multi-asset trading, a single strategy to manage risk, profit.

@MUM_SANDRA

4 ай бұрын

Mr Charles Lucas financial education have really made name for himself, he's highly recommend best TA guy by for worked with during the fall

@ahmedla7773

4 ай бұрын

I can sincerely say Mr Charles Lucas is one of the best Traders I have ever seen in the state in the past few years, now reducing losses and ensuring profits

Last year if some one have bussess income , but this year they don't have bussines income then what happen ? Can they switch between regimes ?

@assetyogi this excel is superb the only thing to add would be is the net tax that a person will have to pay with the deduction on each level

Thank u Asset Yogi for the useful info. . best part is to the point solution no faltu gyaan.

Hi, Can you please clarify - 1) If the gratuity amnt. has been considered part of CTC, will it be factored under taxable income in the New Tax regime? 2) What about Professional Tax, will that also be considered in the New regime? looking for your answer. Thanks in advance.

@navleensingh3807

4 ай бұрын

In new tax regime Professional tax is not deducted and is considered a part of income.

I’m 26, $300K net worth. Been saving 50% of my salary, investing in stocks & living below my means. My goal this year is to be more serious and consistent with my investments for long term. Starting to save for a house down payment. I want to invest more this year but I'm not sure on how to mitigate risk

@Edgardo477

4 ай бұрын

A good number of people discredit the effectiveness of financial advisors. I’ve been DCA’ing into a diversified mix of low cost Index Funds/ETFs for months, buying heavier when low and lighter when higher. I haven’t checked in a bit but I’m already up like $100K because of this. My CFP and I are aiming for a sustainable cash flow portfolio generating at least 9% yield to partially fund my retirement!

@jaidenSalinas

4 ай бұрын

@@Edgardo477 I'm looking to give stocks another shot after staying on the sidelines since the pandemic, if you do not mind, could you explain a little bit how you're getting guidance and how can I contact the advisor?

@Edgardo477

4 ай бұрын

Credit to 'Martha Cornell Kerns' will recommend you look her up, Well, she recommends about 5-9 big rising stocks every month, 3-4 every week and the profits on these stocks are about 20%-55% most times or even higher

@Chaim127

4 ай бұрын

Exactly what I’m doing again this week. The smartest thing I’ve ever done was having 30% in cash to buy on the way down in 2021. It hurt watching 30-40% discounts drop to 50, but grabbing Google, NVDIA, Apple, and others near the bottom has paid off

@jaidenSalinas

4 ай бұрын

Thanks for sharing. searched for her full name and her website popped up, I set up a call with her

Sir, your videos are very helpful n informative. I appreciate your way of communication. Very clear n pleasant. All d best. Keep it up. Thanks again.

Great video with detail comparision amazing Work by You sir ❤❤❤

Can you also make a video on capital gain? I am specifically looking for information on STCG when it is the only income in the year. Can we use any exception/deduction for STGC? If STCG is 15L, is it taxed flat 15% or does it also fall under slabs and the tax will only be on 10L? Thanks in advance!

@cachandraprakash943

Ай бұрын

STCG on listed share is taxable @15% Also you can enjoy your slab benefit of 2.5 lakh

Thanks a lots for your valuable information sir. Anuual CTC- 12L 80C= 1.50 lac used.(PPF ) Medical=20k MF= 4k per month PPF- 12500X12 TERMS INSURANCE -32K FD N RD SOME Share I have purchased HOW I CAN PLAN MY FINANCE AND future sir. I'm newly married person. Thanks in advance sir. I really like and follow your almost all videos for financial. You are real asset yogi🎉

@AnilPrajapati-fz5ti

4 ай бұрын

If you can reduce you ppf amount to 10k per month as you can't use your term insurance premium in 80c or even less as you might have epf contribution from your end hence insurance ppf and epf all come under 80c so don't invest extra in ppf you can use that money to invest more in mf or help you to create emergency fund

@suhasgali4796

4 ай бұрын

​​@@AnilPrajapati-fz5ti sir, I have a doubt plz clarify, I see (12*1800rs) deducted as epf from my salary, also I see contribution from employer In epfo portal ( 3.67% as employer share and 8.33 % as pension share counting to 1800 rs per month again). So can i put (12*3600rs) under 80c for deductions ?

@AnilPrajapati-fz5ti

4 ай бұрын

@@suhasgali4796 no you can only consider your contribution into epf under 80c that is 1800×12= 21600 rs

@hiteshraina4032

4 ай бұрын

Also use NPS 50K 80CCD1B for additional tax saving

@Sachin_LearnandEarn

4 ай бұрын

Same bro. 3.67% employer contribution given​@@suhasgali4796

I spent my time on something that'll help me in future totally worth it. Thanks sir ❤

This video is very informative. Thank you sir.👍

As a teacher i want to save my Tax my income is around 8lac per annum. Make such a informative videos for teachers .. 🙏🏻

@lulsec

4 ай бұрын

You don't fall under taxable income bracket !

@meetvaghasiya3681

4 ай бұрын

Choose old regime 1.5 lakh elss, epd or ppf 50k nps Other 50k deduction yoi have to do from medical insurance, children education , travelling, 80ccd(2) , home load , or rent. Whatever applicable

Thanks for the information but how can we deduct employers PF contribution from salary calculations? Under which section?

@suhasgali4796

4 ай бұрын

I too got to know this new info, employer contribution they will only give in your form 16, our contribution we need to put in 80c section, this is what I thought..

@CA_Surajdeo

4 ай бұрын

Sagar, only the Employees’ contribution to the EPF account is eligible for deduction under Section 80C. Employer’s contribution (also tax free) is not eligible for deduction under Section 80C.

Thanks a lot Sirji. As always very useful and informative video

@AssetYogi

3 ай бұрын

Always welcome

Very nice explanation Thank u very much Sir

Yogi sir, What maximum amount of HRA can be claimed for rent of house owned by parents?....is there any limit or not?

@AssetYogi

4 ай бұрын

Same as explained in the video 😊

Very informative video sir😊.. Could you please tell us that which rule says that the basic salary of employee should be 50% of their gross CTC? and how can I ask my HR to to restructure my salary if he is not agree?.. Our company gives only 25% of CTC as a basic salary and because of that we are loosing lot of tax deductions like HRA limis... Sir please help in the same.

@AnilPrajapati-fz5ti

4 ай бұрын

There is new rule from last year which says your basic must be 50% of your CTC

@vitthaldoiphode5958

4 ай бұрын

​@@AnilPrajapati-fz5ti Then why they are giving low basic salary? Ultimately they have to pay the same CTC. Are they unaware of rules?

@AssetYogi

4 ай бұрын

The New Wage Code-2022

@vitthaldoiphode5958

4 ай бұрын

​@@AssetYogiSir please try to make video on new wage 2022 for more clarity. Thanks a lot!

@vitthaldoiphode5958

4 ай бұрын

New wage code-2022

extremely helpful sir. Best ever tax regrading explanation!!

All concepts clear bhai, thanks for explaining 🙂🙂

Sir, if the house is registered in both husband and wife name, then can the interest paid on home loan be claimed by both?

@vpstca

4 ай бұрын

Yes, in the ratio of property

@AssetYogi

4 ай бұрын

If you have taken a Joint Home Loan, then you both can claim it.

@CA_Surajdeo

4 ай бұрын

If they both have taken a loan jointly and both are contributing to the EMI, then only, they both can claim.

What a informative video sir 😉💯👍

@korgaonkar_deepak

4 ай бұрын

Time travel krke dekh bhi liya kya 😂😂😂

@umendrasingh2557

4 ай бұрын

@@korgaonkar_deepak are sir ki video h axi hi hogi 😁💯

@AssetYogi

4 ай бұрын

So nice of you

Hello All, FYI Section 80EEB is not applicable for now as it was applicable for the period between 01/04/2019 and 31/03/2023 only. So do check once before planning to buy Electrical Vehicle for Tax Savings.

@mdsarfaraz9153

4 ай бұрын

Electric vehicles registered from 1 January 2023 through 31 December 2025 are eligible for this exemption. As part of the Delhi Electric Vehicle Policy, the Delhi government also announced the exemption of two- and four-wheeler electric vehicles from paying road tax.

Can u make a video on how as a freelancer we should be handling our finances ?? Getting a GST number , filing taxes and GST and other things

i followed your last years same video stating 0 tax, still they deduct around 30K, for views youre going so down

@akashpatel291

4 ай бұрын

😂. Pay 60k this time. Don't worry its for the development of the nation.

@gigachad6844

4 ай бұрын

​@@akashpatel291lawde ka development Atal setu bhi Japan k loan ka hai, itna GST collection itna load bc ja kaha raha hai paisa sab? Ram mandir me? Horrible government

@shettigarrammohan2201

4 ай бұрын

​@@gigachad6844 It goes to free loader like you who gives vote in the name of Freebies. And if someone calls out that one then you call them Andhbhakt.

@KuldeepSingh-bg9vd

4 ай бұрын

Gujarat mein kharch ho rha hai sab

@pratyushkumarjaiswal2573

4 ай бұрын

​@@gigachad6844Baklol Ram mandir ke liye aam logo ne Rs20 se lekr industrialists ne RS 2 Crore Tak ka donation diya hai. Usse hi Mandir bann raha hai. Mandir government nahi Ram Mandir Trust bna raha hai. Thora padh likh lo. Aur rahi baat Atal Setu ki toh wo besak Japan ke loan pe bna hai aur aise hi state of the art infrastructure bnaye jaate hai. Japanese loan ka interest rate kaafi kam hai . Aur government loan ko repay karne me Paisa lagayegi. Ye ek normal process hai Jo har developing nation follow karti hai. Par madarsa putra ko kuch samajh ho tab toh😂

👌👌👌🏆🏆

@AssetYogi

4 ай бұрын

Thankyou

Bahut badhiya information... Thankyou si much

Thanks for this video. Eagerly waiting this video every year 😅

I respect your work mate. BA is good but i find it truly baffing that all major crypto youtubers. Just look at pure B.A and completely ignore the bigger narrative of why BTC is pumping and why the future outlook might not be as rosy as it seems.it's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major pump at the peak of BTC ... We were already on shaky footing with historically low volume and almost pure whale pumps, narrowly avoiding a long-term bear market..more emphasis should be put into day trading as it is less affected by the unpredictable nature of the market...i have made over 11btc from day with Elizabeth Marcel insight and signals in less than 3 weeks this is one of the best medium to backup your assets incase it goes bearish....❤

@dollyfrosh4301

4 ай бұрын

Please educate me I've come across this before how can i get to her please?

@user-lw2xi4on1c

4 ай бұрын

Yesss!!! bitcoin going up is good for the entire market...my largest holding is also Xrp and i actually root for bitcoin to do well, because history shows xrp lags behind it.

@user-tw1vm1tp2q

4 ай бұрын

she' on 👇

@user-tw1vm1tp2q

4 ай бұрын

TELEGRAM

@user-tw1vm1tp2q

4 ай бұрын

Elizy 15 That's her username

Thank you for sharing this informative video. I have tried to look into the Excel calculator but the link isn't working for me. Can you please make sure about this issue?

This video is very informative. thank you sir.

Excellent sirji , bahut badiya bataya aapne, thanks a lot

Let's say you changed your company in between FY then how tax will applicable? What documents are required? And someone who selected old regime in first company and then choose new in second company then how he/she can save maximum tax?

Well explained, very good 💯

Really Fantastic video sir. - Keep uploading like these types of videos

Hi Mukul, Regarding the subscription ( advisor) fee of paid small case. Can I put this amount as cost of acquisition while filing my ITR 2 ?

Very informative video and well explained🎉🎉🎉

The simple matrix which you shown at the start, does this also consider standard deduction of 50K in the deductions?

Sir, Thanks for this informative information and this is eye opner video. I would like to see a video of the combination of salary 18L and share trading @ 12L in one finacial year.

Excellent detail video❤

Thanks a lot, sir, very helpful video.

Hi, can we change from Old regime to New regime before filing ITR? OR need to wait for next financial?

As always perfect video

Can we switch between regime in case of filing ITR using ITR2?

Thank you for sharing this useful information I just wanted to know, is there any chance that the government can keep only one tax regime that is the new tax regime in the coming time?

Great video......this what I was looking for.....👍👍

Very nice Good explain Good practice and very nice information

Very nice video sir. There’s one point I want to add regarding EPF contribution. 12% contribution is mandatory only when basic salary is Rs 15,000/- and below. Above this employer has option to cap the EPF contribution to maximum of Rs 3600(1800+1800 for employer & employee ) per month. So many employers exercise this option including mine. This we can’t take much advantage of it. Pls clarify me if I am wrong.

@cachandraprakash943

Ай бұрын

You are correct

Hi, It is really an informative video. I have a doubt thoug. Our home loan is in both mine and my husband 's name.We took it when I was working 4 years ago. But I am no longer working and EMI gets cut only from his account. In this case, can I claim for home loan interest deduction?

Also there are conditions on stamp duty deductions like the area and upper limit of the stamp duty

Employer's contribution in nps is included in annual gross salary or not ? Please explain? Whether 14%(in case of govt.employee) can be deducted if it is not included in annual gross salary in new tax regime.

Thanks for explaining in detail. In new regime, meal card and reward card amount is taxable. Please advice.

sir, Kya hamm new regime me GPF (general provident fund) claim car sakte hai. or kya hm old regime me GPF claim kar sakte hai.

Joint loan - interest can be claimed by both? Double deduction?

Continued.. Simply put, if you can claim more deductions and exemptions then choose the old regime, otherwise the new regime. For a much higher tax deduction, a home loan is the option. If you are paying home loan interest, then you would be able to claim higher deductions. But all these things require money & planning. So, for most people, it's neither possible nor sensible also, to utilise every tax-saving option out there, just for the sake of taxes.

@pradhuymanshah290

3 ай бұрын

Sir what if I purchase NPS at the end of Financial year can we claim NPS for that FY

@CA_Surajdeo

3 ай бұрын

@@pradhuymanshah290 Ofcourse you can

@pradhuymanshah290

3 ай бұрын

@@CA_Surajdeo thank you sir

@lordveerveer1252

Ай бұрын

@@CA_Surajdeo I am on New regime, can I still opt for NPS?

@CA_Surajdeo

Ай бұрын

@@lordveerveer1252 Yes You can opt for Nps, but the benefits are limited under new regime. if you opt for the new tax regime, the only deduction available is u/s 80CCD (2). Section 80CCD (2) is for the employer's contribution to an employee's NPS account. Here, the amount of deduction (or benefit for you) cannot exceed 14% of the salary in the case of Central Government employees and 10% in the case of any other employees. Salary will include only basic plus da here. For details, I had posted on video on my channel, that should be helpful for you. Happy investing, thanku.

Thanks for valuable information sir

Wanted to know does gift to family members can help in reducing taxable income?

Hello sir, For a salaried employee if he has other income source such as stock market income then he will fill ITR2. In that case employee can switch from new tax regime to old tax regime?

Sir,Mobile allowance is taxable or non taxable??? If non taxable under which section??

kya salaried employee ko mile vala standard deduction aur nps tiar -1accaunt ka milne vala deduction ik hi hai ya different

So nice sirji Hats of u ❤❤

Thank you for detailed explanation and knowledge sharing. Can you please share this excel sheet?

Hello sir, could you please clarify this - if gain from an investment is to be taxed as per the tax slab rate and one was to file ITR as per the old tax regime. Assuming his income falls in the 20% tax slab- would the gain from that particular investment get added to the net income which would then be eligible for several tax deductions or would the entire gain be subject to 20% income tax and therefore not get added to the net income? Thanks a lot in advance 🙏

What is option with me to choose tax regime and change if apart from salary, I also have income from equity investment I.e. short term and long term capital gains.

Very well explained 🎉

Very useful video thank dear

employer contribution may be or may not be the part of employee CTC, depends on the company ..my company has employer contri excluded from my ctc

Very nice explain...thanks 👌 😊

Hi, I am staying at own house sec 24 i should consider then in that case HRA rent should be considered?

Whete to employer PF contribution in Form 16 ? My current company not showing that.. They directly less from my salary to show in form 16..if i want to show high amount in form 16 and then want to show exemption then where?

Sir 2House property ke liye Kaun sa ITR bharna hoga? Please batayen... Thanks

Actually I wanted to know about the tax on the interest earned by the P2P (like 12% club or mobikwik extra). Where should I add this income? Will it be counted under other income ? . Please explain.

If nps is deducted by government itself of a government employee then by which section nps rebate is applicable?

Rebate of HBA interest applicable under new tax regime or not.. If applicable kindly explain

Thank You Sir ji ❤

Sir, in many websites it's mentioned that you can claim a home loan interest deduction in the new tax regime for letting out property, can you please confirm?

Hi Sir, as a salaried employee who has opted for the Default Regime for the current financial year. I would like to know if I can file my ITR with the old regime instead. Please advise me on the pros and cons of switching regimes and the procedure to do so. Thank you for your time and assistance

@cachandraprakash943

Ай бұрын

To choose old regime or new regime is optional for assessee while filing ITR in which you can save your tax you can choose

Hello sir Sir NRI ke leyye kitny income par tex he our stock market me kitny income par tex laghta he minimum

Claiming HRA along with Sec 24 is not as simple as shown in a video. Here are the details: 1. Living in the Same House with a Home Loan: If you live in a house you own and pay a home loan for it, you cannot claim HRA. However, you can claim a home loan interest deduction under Section 24. 2. Living in a Different House with a Home Loan in Another City: If you live in a different house you own and your owned home is in a different city, you can claim both HRA and Sec 24. 3. Self-owned House Property and Renting in the Same City: You cannot claim HRA exemption unless your employment is far from your house property or for a genuine reason.

Hi Sir is this mandatory to add employee and employer both site 12 % of Basic in PF account ?

Thanks for vedio, have Sone questions 1. If salary slip has only employer EPF contribution, so under which section tax exempt will filled. 2. Employee contribution missing in payslip, I need to ask employer or directly I can exempt U/S 80C

Thank you so much for sharing the knowledge, it helps me a lot. I have one doubt let assume if I am a salaried person and also has income from share market so I have to fill ITR 2. In this case can I change tax regime or not? Thanks in advance

@KomalSingh-uy8dz

4 ай бұрын

Yes you can change it as income from shares is chargeable under capital gains which generally taxed at a special rate and not as per slab.

aap ek video share market ki income pe tax kaise file krna hai us pr bnaiye? uska tax calculate kaise hoga? aur kya person income(salary or business) tax isme add hoga ya nhi?

Please guide for which tax regime to consider if there are tax deductions below 2 Lacs and gross salary is around 12 Lacs.

I have not provided any details for the investment declaration to my employer. Can I still change to old regime during ITR for year 2024-25.

Can we claim LTA while filing ITR if we forget to submit bills to our company and fail to get LTA exemption from the company?

Sir mujhe capital gain ke baare me jaanna tha, allotment date 2010 ki hai or registery date Jan 2023 hai, purchase date kounsi manege, or June 2023 me sale out karne par kounsa capital gain lagega or isme kya kya deduction or rebate le sakte hai, kaise show karna hai please detail se bataye

Is the Tax collected at source on remittance to Son in USA refundable in filing IT return

Can we claim deduction if we purchase NPS at the end of Financial year like Feb or in March month

Sir, if someone has capital gains and files ITR2 can the person switch between OLD and NEW regime every year?

Plz clear. govt contribution nps 14% ko tax deduction me kase shamil kr skte hn ???

My CTC include Gratuity can I consider it at the time if income Computation.

For sec 24 how can rent decide? How to find out the best market rent if the home is not on rent for section 24?

I dont have reciepts of rent , that why i didnt provided proof to the company , can i claim HRA now during filing itr

Sir employer contribution in EPF under which section we can claim,please guide..