My tax is currently deducted as per the new regime. But if I want to change to old regime and avail the applicable deductions, do I get refund for the excess tax paid?

Employer contributions for PF is deducted from the taxable income right? It's not part of 80C, but it's a deduction right?

Excellent presentation 👏👏👏👍👍👍

@ETMONEY

5 ай бұрын

Hello, we are happy to know that you liked the presentation. Please share the video with your friends and family as well and help spread the word.

Please confirm if my understanding is correct: Employer's contribution to EPF - is fully exempt if

I am the old user of ET Money app. Please provide online support of filling ITR. U can charge also as per requirement.

Good content. Thank you

Hello, Can we save tax in New regime under two categories: 80CCD(1B) & 80CCD(2) ? You mentioned it in the beginning for those who opted for New regime. If you have any dedicated video for that please ping here.

@ETMONEY

5 ай бұрын

Hello, you can save tax under Section 80CCD(2) if you are in the new regime. Under Section 80CCD(2), your employer can contribute up to 10% of your basic income to the NPS and this contribution is tax deductible for you. So, please speak with your employer.

Under section 80 G, if we live in our joint family home, but pay for various bills, can we claim that in this section?

@ETMONEY

5 ай бұрын

Hello, Section 80G is about tax deductions on donations. The donor can claim deductions of 50% or 100% based on to whom the donation has been made.

Make similar video if opted for new tax regime

@ETMONEY

5 ай бұрын

Hello, thanks for your suggestion. Will share it with the content team.

Is 80ccd(1b) deduction available in New tax regime?

@ETMONEY

5 ай бұрын

Hello, no, it's not. However, NPS contributions under Section 80CCD(2) are tax deductible in the new regime.

I am staying as paying guest and I am paying 3K as a rent .. please any ways to claim this

Good one & keep it up👍...pls make one on TCMS

After new tax regime no need to invest in in tax savings scheme

@jishnu18

5 ай бұрын

Not exactly. people with high income can still use make of it

@ETMONEY

5 ай бұрын

Hello, the new tax regime has few deductions or exemptions, so you are right that there are limited avenues to save tax. Still, one can save tax via Section 80CCD(2) and reimbursements. You can find the details about them in the video.

@a9431617111

5 ай бұрын

Right

Please provide customer care phone support for et money

@ETMONEY

5 ай бұрын

Hello, I understand that you want to contact us. Please visit www.etmoney.com/help. Here, you can raise a ticket as well and a customer-support executive will get in touch with you.

@sanjulamani2290

5 ай бұрын

​@@ETMONEYplease clarify whether we have to show employer contribution to our gross salary to claim under section 80ccd2

I have already reached 1.5L amount on 80C . Are you saying that if I invest another 1.5 L in Atal Pension Scheme , I will be eligible for deduction of 1.5L apart from 80C ?

@lemedico

5 ай бұрын

I don't think so, 1.5 lacs is the end

@ETMONEY

5 ай бұрын

Hello, you can save tax on another Rs 50,000 by investing in the NPS under Section 80CCD(1B). Also, you can save tax on up to 10% of your basic salary under Section 80CCD(2) by asking your employer to deposit the amount in your NPS account.

You missed VPF

@ETMONEY

5 ай бұрын

Hello, the VPF comes under the overall Rs 1.5 lakh limit of 80C investments. In the video, we have mentioned some prominent 80C avenues.

Hello

@ETMONEY

5 ай бұрын

Hello!