Income Tax Calculation 2024-25 for Senior Citizens | How to Calculate Income Tax for Senior Citizens
Income Tax Calculation 2024-25 for Senior Citizens | How to Calculate Income Tax for Senior Citizens
Join telegram for free calculators - t.me/bankingbaba
These income tax rates are same for financial year 2023-24 and 2024-25.
Topics discussed in this video
how to calculate income tax for itr
income tax calculation ay 2024-25
senior citizen itr filing 2023-24
senior citizen income tax return filing
income tax slab for senior citizens for fy 2023-24
super senior citizen income tax calculator
income tax calculation ay 2023-24 govt employees
super senior citizen tax slab
-------------------------------------------------------------------------------------------
** Invest & Trade in Stocks & Mutual Funds **
Open your Discount Demat Account here:
✔ Upstox - upstox.com/open-account/?f=LHQV
✔ Paytm Money - paytmmoney.onelink.me/9L59/73...
-------------------------------------------------------------------------------------------
income tax slab 2024-25
income tax calculation ay 2023-24
income tax calculator 2024-25
income tax calculation
how to calculate income tax 2023-24
old vs new slab income tax
old regime vs new regime
-------------------------------------------------------------------------------------------
Twitter : / r147c
Instagram Myself : / rchacharia
Instagram Channel : / bankingbaba_
Subscribe : / bankingbaba
-------------------------------------------------------------------------------------------
#BankingBaba #seniorcitizenbenefits #seniorcitizens
Пікірлер: 84
बहोत अच्छी जानकारी आपने दे दि है. धन्यवाद 👌🏻👌🏻 👍🏻
Benefit under section 80Ushould be given .80 TTB rebate for interest Rs 50000 should also be given.
Your way of teaching is very nice
Thank you Sir for this very useful videos
Thank you,Sir.
Thanks for your simple and effective explanation. Sir I am a senior citizen and I would like to know how to calculate my income. My major source is investment in bank FDRs. Usually I submit form 15H. How to claim the TDS deducted by bank because of non linking of Pan & Aadhaar
Is rs 50000 per month is sufficient for a senior citizen to serve his family after spending a lot of money in medical purpose paying with GST. If govt can deducted this money from initial income it will help the SC.
Good information
Thank you so much Sir.
Thanks. Very well presented. Go ahead. Thanks
Excellent
Nice video sir 👍🏻
Excellent video full of information with examples. Good efforts.
@sadhuram467
5 ай бұрын
😊
@sadhuram467
5 ай бұрын
😅😅
Sir, pl also cover the self assessment tax liability by a Sr citizen in respect of Securities Capital gains/loss, urgently. Thanks
Super
After getting into New Tax Regime from old regime this FY 23-24, for next to next financial year 25-26, if any tax slab increase in new regime, is it possible to shift to old tax regime from New regime in FY25-26?
Old tax tegime me itr filing deduction k saath btaiye Otherwise confusin h
Thank you 👍
In your video you have not shown any deductions for any premium paid for health insurance,will you please explain with an example for the calculation of tax in the new regime for senior citizen
I am a senior citizen. I got a before maturity payment of HDFC life insurance. They have deducted TDS on the bonus amount. Please let me know weather it is taxable or non taxable. If non taxable how I can claim exemption in the ITR
Benefit of 80 u&80ttb should be given.
Whether in case of LTCG and STCG on shares ,the rebate of Rs1lac on LTCG in New tax regime is also there.
I am super senior my earning is 1000 per month as pension and I earn from mutual fund and share . How to calculate the income tax?
Kya esm ka pension par tex maf hai
What about post interest deduction
Nice information..agar kisi person ki sirf other sources se income he salary ya business se nahi to kya tax dena padega?5 lakh se niche..Itr bhi bharna padega?
@BankingBaba
6 ай бұрын
3 lakh se jyada hone pe ITR bharna zaroori hai
@user-iw4jz8qe1l
6 ай бұрын
12500 jo aap rebate milti he uske lie koi documents dene hote hein kya sir
87a ki margin discount 40000 bhi to he 700000 se upper income par
Guru ji aik to aapne title galat diya f/y 24-25 likha whereas f/y 23-24 ka tax btana chahiye thaa saath mein new regime mein senior citizens k liye std deduction aor interest ki choot milegi ki nhi agar hai to kitni milegi aapne btaya nhi
@varghese1747
10 күн бұрын
He is correct ITR is for assessment year 2024-25 and financial year 2023-24
My salary amount Rs 518864/ and interest amount Rs 409036/ total Rs 927900/. FY no any tax to gov. I want that how much minimum tax pay to gov. Kindly advice me
How deduct house rent in filing ITR
Can we get Rs50000/- rebate against SCSS in new tax scheme?
19lauck per income tax kitna ayga please🙏🙏🙏
What about standard deduction??
What about standard deduction
Please provide real and true calculation
Bhai, if total tax is 30000 instead of 25000 then will we get reabate of 25k
My income only for pension and FD interest but bank deduction tds who can rebeat
gregiuti avkash nagdikaran pr tex lgega
टॅक्स फाईल कब तक सबमिट करणा पडता है /
New tax regime is 500000standard deduction n 50000 bank interest to be added to 700000 means upto total 8 lacs is it tax free ,
@AnitaNayak-ny1yo
4 ай бұрын
Standard deduction 50000
@BankingBaba
4 ай бұрын
Only standard deduction, no deduction for bank interest available in new tax regime
In which income tax clause rebate upto ₹25000 is given in new income tax regime?
@BankingBaba
3 ай бұрын
section is same 87A for both old or new
THOSE Senior citizens who Opt OLD TAX REGIME Standard Deduction should also be increased from Rupees Fifty thousand only to Rupees Seventy Five thousand only. It is must, because senior citizens should be given some relief.
Senior citizens should be given some sort of relief. The interest income from POST OFFICE SCSS iNCOME should be given some relief in NEW TAX REGIME also, otherwise it is useless for Senior citizens to Opt NEW TAX REGIME. It should be given by creating some other Section. Senior citizens should be given some relief whether it is OLD TAX REGIME or NEW. TAX. REGIME. Standard Deduction for Senior citizens should also be increased to Rupees Seventy Five thousand only.
Marginal relief above 7 lakh income 40000 he
Ist example me 12500/ ka rebate nahi ghataya gaya
Sr citizens IT Calculation in English upto income of 8 lakhs
न्यू स्किम में विकलांगता की छूट मिलेगी क्या
@monu108
6 ай бұрын
Old me h kya?
Senior Citizen tax file(Pensioner)
9 lakh gross total hala senior citizen new regium ITR korla kato tax parba
A senior citizen with 9 lacs per year income from pension should opt for which regime
@mohinderbhumbla1334
23 күн бұрын
New tax regime
@shielanayak9200
12 күн бұрын
A Senior citizen with 9lakh income from Bank Interest.what tax I have to pay.( new regime).
@jeetasingh9510
12 күн бұрын
@@shielanayak9200 9 lac minus 75000 leaves 825000/-taxable. Upto 70000 tax is 20000, on next 125000 tax is 12500 so total 32500 plus 1300 as surcharge. It works out to 33800/-
@sirheshkumar6827
8 күн бұрын
नंनंँ@@mohinderbhumbla1334
What is the rebate on fds for senior citizens
@varghese1747
10 күн бұрын
Rs.50000 under 80 TTBB
@BankingBaba
10 күн бұрын
Only in old tax regime
@varghese1747
9 күн бұрын
@@BankingBaba correct
No benefit has been given to Senior citizens those who are maintaining SCSS Account., provided he. files. the. Return Inder Old Tax Regime
सिनीयर सिटीजन को सब कुछ मालूम है और ये भी पता है कैसे यह सरकार सिनीयर सीटीजन को धोका दिया
There is no benefit of maintaining SCSS. It is ONLY for Senior citizens. Under Section 80 TTB, Senior citizens those who are Filling the Return in NEW TAX REGIME, there is no use for Senior citizens for maintaining the same account
@satishchanderseth3770
10 күн бұрын
It means He should File the Return Under OLD TAX REGIME ( senior citizen). If for the last 5_6 years He is maintaining the SCSS. Account, it means he. is compelled to FILE THE Return under Old Tax Regime. There is. no use of increased Standard Deduction.
ઈન્કમટેકસ વિશે બહુ સરસ માહિતી મારી ઉમર 73 વર્ષ છે, જયશ્રી દ્વારિકાધીશ
My age 75 . l am pensioner, l had invest F D, senior citizen F D. please comments in New Resin caculet.
Translate to bengali
सरकार सिर्फ जन प्रतिनिधियों की सुविधाओं का ध्यान रखती हैं जबकि इनकी अधिकांश सुविधाएं बंद होनी चाहिए..1o लाख सालाना आय रिटन विहीन होना चाहिए तब ही सरकार काकोई कार्य दिखेगा. पहले भी वित्त मंत्री ने 7 लाख तक की छूट दी लेकिन ये अच्छे से नहीं हुआ..सरकार को स्पष्ट और साफ सुथरी घोषणा करनी चाहिए..मोदी सरकार ने मध्यम श्रेणी के लिए कुछ नहीं किया है
Aap bhramit kar rahe hain.
What about standard deduction
@BankingBaba
6 ай бұрын
Its available in Both regime
@toziasultana1600
5 ай бұрын
1000000@@BankingBaba
@baldevrajkapoor1078
5 ай бұрын
Supet senior penshiioner, inc I iiIkh 14:58 I. How much tax to pay.
@baldevrajkapoor1078
5 ай бұрын
I am sjuer seníor penshioner, I ncome, 6 lakh. How much tax due in new regime.
@prakashchhoriya4772
21 күн бұрын
What about post interest