The ULTIMATE Guide to SAVING TAXES Through FAMILY | Finance With Sharan

Are you tired of paying too much in taxes? Did you know that you can use your family members to help you save money on your taxes? In this video, we'll show you some simple strategies that you can use to take advantage of tax deductions and credits available to families.
We will share valuable insights and tips to help you make the most of your family's tax situation. Whether you're a parent, a spouse, or a grandparent, this video will help you understand how you can leverage your family members to save money on your taxes.
So if you're ready to start keeping more of your hard-earned money, be sure to watch this video and subscribe to our channel for more tax-saving tips and advice!
My course: www.financewsharan.com/course
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Пікірлер: 103

  • @vivdamle
    @vivdamle9 ай бұрын

    My god such fast cuts on this video. Loved it!! Studying your videos for what works while editing such videos to keep audience attention

  • @madhavshenoy7711
    @madhavshenoy77118 ай бұрын

    Something very important is missing here "Clubbing of income", you should be teaching this knowledge to folks being a Finance guy...!!!

  • @arthiravichandran2317
    @arthiravichandran23179 ай бұрын

    Thanks bro😊

  • @ayansharma7293
    @ayansharma7293 Жыл бұрын

    Love it

  • @soubhikdutta6184
    @soubhikdutta6184 Жыл бұрын

    Yes please start making content for new tax regime. People with no home loan or hra have to move to new tax regime anyway.

  • @pushpenderbajaj1528
    @pushpenderbajaj1528 Жыл бұрын

    Nice reading

  • @vishalnayak3443
    @vishalnayak3443 Жыл бұрын

    @financewithsharan 80EEA is not applicable anymore for home loans issued/to-be-issued after 31st,March 2022. You could have either skipped mentioning it, or informed that only people who have taken loans between fy2019 to fy2021 can avail this deduction.

  • @lilytea3
    @lilytea310 ай бұрын

    0:29: 💰 Family can help save money through tax saving hacks and supporting senior citizens. 3:23: 💰 Learn about additional tax benefits, such as deductions for health insurance premiums and medical expenses, for yourself and your dependent family members. 6:44: 💰 You can save taxes by reducing your income, receiving monetary gifts from siblings, and claiming education loan tax benefits for siblings. 10:36: 💰 Investing in your children's name can help save on taxes and build their savings for their future. 13:27: 💰 HUF accounts can be used for tax planning by claiming deductions for additional expenses and investments. Recap by Tammy AI

  • @ShubhamKumar-xf4uh
    @ShubhamKumar-xf4uh11 күн бұрын

    It is very informative video. Such tax deduction is known in simple English. But can you explain such type video in Hindi so that more people can connect with the video who don't understand english language ? It will be very helpful for many people. Thank you for making such amazing video.

  • @RajeshKSV
    @RajeshKSV Жыл бұрын

    You can gift any amount to parents. It is tax free. But if they earn any additional income with that gift amount, it is taxed at your tax bracket even for them. You missed this point!

  • @techlidgaming6241
    @techlidgaming6241 Жыл бұрын

    Mitochondria is the powerhouse of the cell

  • @rajsrivastav6940
    @rajsrivastav6940 Жыл бұрын

    first time seeing Sharan's sister

  • @gaurav8258
    @gaurav8258 Жыл бұрын

    Can u make a vedio income taxation filing if you have a stock market profit

  • @nabinnabin5818
    @nabinnabin581811 ай бұрын

    ❤Bro your video 😊 is really awesome 👍 and useful, important for all age group of Indian. Why should you post video in hindi 😊

  • @gosmart_always
    @gosmart_always Жыл бұрын

    Hi @financewithsharan : I verified using chatgpt. Educational expenses do not fall under section 80 DD and 80 DDB. Only medical expenses fall under section 80 DD and 80 DDB. Can you please verify again?

  • @Dip0709
    @Dip0709 Жыл бұрын

    bro does it works in othercountry or not for country like nepal

  • @jiitnitin
    @jiitnitin Жыл бұрын

    Bro can you please elaborate more on the HUF part? Like if HuF has zero funds right now then should we first transfer the lic premium amount to the huf account first and then pay from there? Then even if we can get 80c tax exemption in HUF but I don't see any benefit? also is there any video of yours around valid ways to fund HUF other than business, marriage gifts and transferring home ownership for the rental income? Need simple ways to understand the funding part

  • @udaysreenivasula98

    @udaysreenivasula98

    Жыл бұрын

    To manage a huf taxation you would definitely need to consult a CA. Meet some tax professional and propose this idea. There are many cons too for huf.

  • @shankarb363
    @shankarb363 Жыл бұрын

    Bro has gone to the CHAD level

  • @AmitSaini-lz1mo
    @AmitSaini-lz1mo Жыл бұрын

    How much i can invest on the spouse's name if she is not working. Isn't it much better to invest at least high tax attracting investment e.g debt mf, fd etc. in the name of spouse if she is in less tax bracket. And what is the limit to such investment ?

  • @funwithVihan51012
    @funwithVihan51012 Жыл бұрын

    If children are less than age 18 , then we have to pay tax since their account is linked to the parents pan card

  • @positivevibes1638
    @positivevibes1638 Жыл бұрын

    Where we can get all this information by book format

  • @rishabhjainrashh
    @rishabhjainrashh Жыл бұрын

    Timeline 9.10 : Its Sec 24(b). Section 24 clause b. Correction.

  • @amitm3631
    @amitm3631 Жыл бұрын

    What about new tax regime?

  • @jagadeeswarareddymamidi5506
    @jagadeeswarareddymamidi5506 Жыл бұрын

    the information is good.but its difficult to understand sometimes.Please make it much clear

  • @lakshmitejas1685
    @lakshmitejas1685 Жыл бұрын

    Why pressing so much on words? Talk normal. It's hard to listen

  • @kapilgodaji9919

    @kapilgodaji9919

    Жыл бұрын

    Miss Lakshmi try to adjust in life a bit .... Don't start crying on such small issues ... Otherwise you can't do anything financially good as us ...

  • @amruta4385

    @amruta4385

    Жыл бұрын

    @@kapilgodaji9919 their name is Lakshmi they will be fine 😂🙏

  • @vinothkumarsevagamurthy2543

    @vinothkumarsevagamurthy2543

    9 ай бұрын

    That's how they became influencers 😅

  • @SidduBS

    @SidduBS

    6 ай бұрын

    @@kapilgodaji9919 well said

  • @dishahegde4460

    @dishahegde4460

    6 ай бұрын

    The way he speaks keeps me engaged , he is good!!

  • @ritahu627
    @ritahu627 Жыл бұрын

    One of the best decision I've ever made is investing in different streams of income which has truly made me independent amidst the current economic crisis. This is still a good time to invest in Stocks: Gold, Silver and digital currencies (BTC,ETH...)

  • @DearSusan200

    @DearSusan200

    Жыл бұрын

    I feel so happy when people talk about investment both stocks and crypto currencies. It's a good step in the right direction. But one of the problems we're having today is investing with the wrong financial investor. Some can only analyze but don't possess the skills to trade and make adequate profits for there clients and most of them do fail woefully. I only talk from experience but I'm so much grateful I came across Mrs Evelyn Ruth Reis, Generally I will say she's the best and no 1 in bitcoin trading investment. Her profit margins are unbeatable.

  • @Bonterdanette

    @Bonterdanette

    Жыл бұрын

    ​Wow this is a refreshing coincidence I invested with Mrs Evelyn too my first investment with her gave me profit of over € 25,000 and ever since she never failed to deliver, I can even say she's the most sincere broker I've ever seen. Cheers from Australia 🇦🇺

  • @tinasheih

    @tinasheih

    Жыл бұрын

    ​@Babin Jose Thank you so much, have contacted her and she responded

  • @shrikantpradhan7082

    @shrikantpradhan7082

    Жыл бұрын

    ​​@Ray Jay in which platform or app to invest

  • @shrikantpradhan7082

    @shrikantpradhan7082

    Жыл бұрын

    ​@Hussein King can u provide her number

  • @lalrinnghetamarina8988
    @lalrinnghetamarina8988 Жыл бұрын

    Plzzz Sir Sharan can you please tell about whether SBG GLOBAL INVESTMENT is fake or not

  • @sachinhiremath1795
    @sachinhiremath17955 ай бұрын

    Hey sharan you produce great and useful content But why bombard that with most annoying unnecessary background noise while you speak. By keeping things simple and real your audience viewer experience will be great Hope you take this feedback positively

  • @beehack
    @beehack Жыл бұрын

    I came here for shreya not for sharan 😂

  • @ranchotv9100
    @ranchotv910010 ай бұрын

    Can you make a video on how soneone with zero financial knowledge get started????

  • @2stoicsm

    @2stoicsm

    3 ай бұрын

    Do CA

  • @udai4k
    @udai4k Жыл бұрын

    cover HUF little more dteails, like can we add our funds to HUF account, and earned interest is HUF account earnings? how to save taxes of FD returns? etc., some say money transffered to HUF from it Karta/ Co parcener - and the interest earned in HUF account is income of indidviduals and not HUF, need clarification for these..

  • @anandrbhandage983

    @anandrbhandage983

    Жыл бұрын

    What they say is correct. Coparceners can't simply transfer money to huf and account for the earnings by huf. HUF funding is a tricky part. One legitimate way is by the way of a Will by a Parent/relative. This is my understanding as a Kartha of a HUF.

  • @Abx_Dkl
    @Abx_Dkl6 ай бұрын

    If you are a single child and your wife has no dependency from her family(or vice versa) .. then do These ideas were from my parents era.. such things backfire in long run .. and if ur saving in their name it is even more dangerous to claim any in future Otherwise u never know when the wind direction changes Never ever save your money in name of spouse My wife has broken the bank due to her side of family issues and incompetence Use family only in case of single child...

  • @heyshanit
    @heyshanit Жыл бұрын

    Should be the senior family member above 50 years or what for 5%

  • @lakshmitejas1685

    @lakshmitejas1685

    Жыл бұрын

    60 dear

  • @heyshanit

    @heyshanit

    Жыл бұрын

    @@lakshmitejas1685 Okay

  • @savithalakshmanan2842
    @savithalakshmanan284210 ай бұрын

    Someone falling under 30% bracket will have 80C completely covered with their PF itself.

  • @techlidgaming6241
    @techlidgaming6241 Жыл бұрын

    What is section 80 TTB and 80GG and 80D

  • @2stoicsm

    @2stoicsm

    3 ай бұрын

    Chapter VI A deductions 80TTB - Rs 20000 deduction allowed for intrest income earned from fixed deposit for senior citizen over age 60 80D - Youcan claim the medical expense paid for u upto 25000 . And Rs 25000 for ur parents Rs 50000 if above 60 And i am a CA student

  • @dogslove3387
    @dogslove338710 ай бұрын

    I even don't earn watching this cool 😂

  • @vineethchacha3614
    @vineethchacha3614 Жыл бұрын

    I'm not even near to Tax income

  • @dhananjaydave
    @dhananjaydave Жыл бұрын

    start Direct Taxation Classes for CA FInal n Inter ,, waiting

  • @ravigupta6924

    @ravigupta6924

    Жыл бұрын

    Rahene de Bhai. Jo hai vo bhi chala jayega😆

  • @yourhacked
    @yourhacked Жыл бұрын

    Why is sharan's video getting so less reach

  • @name.iz.blurryface
    @name.iz.blurryface Жыл бұрын

    Still not enough 😖😭😭

  • @jainsweetabhishek2
    @jainsweetabhishek2 Жыл бұрын

    Dependent disability 80DB info missing

  • @texashow7462
    @texashow74623 ай бұрын

    Income tax department calling nirmala sitaraman after revealing loopholes of saving tax 😂

  • @SrinuIpathy
    @SrinuIpathy6 ай бұрын

    Good content but annoying background noise and presentation

  • @Bharatyadav11
    @Bharatyadav119 ай бұрын

    bhai sharan k hi video mein sharan ka hi ad aa raha, KZread kya fuk k aaya hai?

  • @harshkabra
    @harshkabra Жыл бұрын

    So many mistakes in this video. Clubbing provisions apply for all minors even if they have a PAN unless it is though their own income through skills. You have not even mentioned it anywhere

  • @nandakishore2045
    @nandakishore2045 Жыл бұрын

    Sharan, i see you missing an important piece here. Out of so many exemptions you mentioned, i didnt find you clarying the applicable exemptions if one opted for new tax regime. Disappointed.

  • @TheAnupam3006
    @TheAnupam30066 ай бұрын

    Correct. Talk a little bit slow

  • @johnmccarthy8685
    @johnmccarthy8685 Жыл бұрын

    I've been investing in crypto for over two years now but I only started earning $10,000 weekly profits from my investments when I started investing the right way. I learnt that diversification is necessary in crypto investments and a good management for investment is key.

  • @mareekdrivesenglish

    @mareekdrivesenglish

    Жыл бұрын

    Managing my investment has been very challenging for me, how did you get it right?

  • @strikeelits

    @strikeelits

    Жыл бұрын

    I'm very sure a lot of work must have gone into developing your investments to this point, I'm still beginning my own journey but I admire your journey, this is all the motivation I need.

  • @johnmccarthy8685

    @johnmccarthy8685

    Жыл бұрын

    ​@strikeelits Thank you, it's not as easy as it sounds, you need a lot of discipline and patience too, and I still consider myself a beginner, because I'm learning everyday.

  • @johnmccarthy8685

    @johnmccarthy8685

    Жыл бұрын

    ​@mareekdrivesenglish I'm very intentional about managing my investments. I stopped managing my portfolio myself and decided to work with financial advisors and experts,currently Phoebe Steinacher has been my financial advisor and she has been very valuable to my investment success.

  • @strikeelits

    @strikeelits

    Жыл бұрын

    I'm new to the market, I don't know a lot of experts names. Where could I reach Phoebe?

  • @data_analyst7944
    @data_analyst7944 Жыл бұрын

    Are you both twins😮

  • @Azad01010
    @Azad01010 Жыл бұрын

    Bhai hindi mai bi bola kro❤

  • @CMGM55
    @CMGM55 Жыл бұрын

    Please talk like normal human beings. One can tolerate this high pitch unnecessary stressing of words in a short, not in a long video

  • @mayurparikh8201
    @mayurparikh8201 Жыл бұрын

    Finance minister has asked to be aware of you

  • @karenfernandes7550
    @karenfernandes7550 Жыл бұрын

    I thought she was your wife

  • @pathanaarifkhanking8654
    @pathanaarifkhanking8654 Жыл бұрын

    Give me my money

  • @froperclock
    @froperclock Жыл бұрын

    Isint money laundering?

  • @Abrarkhan_-
    @Abrarkhan_-11 ай бұрын

    Bro talk simply Why haadaa voodi

  • @hosamanimanjunath
    @hosamanimanjunath Жыл бұрын

    This is too much to consume, please divide and make shorter videos.

  • @shiwaniarora9337
    @shiwaniarora933710 ай бұрын

    Copy paste content. Please bring something new .

  • @IAkilRajendran
    @IAkilRajendran Жыл бұрын

    can we have a hassle free edit version please? Its so annoying and makes it difficult to grasp. Editing it funny is fine, but not at the cost of diluting the rich content you present. Hope you get this positively!! @financewithsharan

  • @pathanaarifkhanking8654
    @pathanaarifkhanking8654 Жыл бұрын

    Give me my money

  • @pathanaarifkhanking8654
    @pathanaarifkhanking8654 Жыл бұрын

    Give me my money

  • @pathanaarifkhanking8654
    @pathanaarifkhanking8654 Жыл бұрын

    Give me my money

  • @pathanaarifkhanking8654
    @pathanaarifkhanking8654 Жыл бұрын

    Give me my money

  • @pathanaarifkhanking8654
    @pathanaarifkhanking8654 Жыл бұрын

    Give me my money

  • @pathanaarifkhanking8654
    @pathanaarifkhanking8654 Жыл бұрын

    Give me my money

  • @pathanaarifkhanking8654
    @pathanaarifkhanking8654 Жыл бұрын

    Give me my money

  • @pathanaarifkhanking8654
    @pathanaarifkhanking8654 Жыл бұрын

    Give me my money

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