Marginal Relief in New Tax Regime video kaisa laga? COMMENT KARO 👇👇 Download Income Tax Excel Calculator 2025-26: fincalc-blog.in/income-tax-calculator/
I must say... excellent video. Even the finance ministry clarified this. Instagram reels ne misguide kr diya tha. Subscribed for life. I hope I will learn many things from you. ❤
Perfect explanation by an underrated youtuber... I was wondering what could happen if the person earns 13LPA and you explained it in a detailed way. Good job
Extremely informative video. please make a video on new tax regime deduction individuals can use who earn more than 12.75 lakhs in 2025 ...also is saving bank account intrest deduction available in new tax regime and if yes what is the limit.
same question if my income is below 12 lakhs but i am getting 5000 from saving account and FD interest will that be also tax exempted or do i have to pay tax on them. if yes, then according to which slab?
Below is the statement from budget speech: "Resident individual with total income up to ` 7,00,000 do not pay any tax due to rebate under the new tax regime. It is proposed to increase the rebate for the resident individual under the new regime so that they do not pay tax if their total income is up to ` 12,00,000. Marginal relief as provided earlier under the new tax regime is also applicable for income marginally higher than ` 12,00,000. " Hope this clarifies. Link of budget speech: www.indiabudget.gov.in/doc/budget_speech.pdf
Sir . only capital gain (stock market ) ki income hai .( no other income. salary ,business , Rent ..etc...) 10 lakh to kitna tax lagega ..plz reply sir..
@fincalc Do company car lease benefit applicable to new tax regime or old tax regime? If I want to avail benefits like driver salary fuel etc non taxable reimbursement, can I avail in new tax regime?
Nice explanation.thank you for this elaborative video. Could you also tell more about deductions can be considered such as NPS or PF which can be deducted from gross salary
Bhai ab samjh me aaya... Pichli video ke baad lag rha tha aapne calculation galat ki hai 13 lakh wale slab me... Wo marginal relief ki wajah se kam hua tax👍
because with 1345589, tax calculation using marginal relief and with tax slab rates are same and this is the break even point after which tax slab rates will be used
you can’t, you have to pay 74100 as per below calculation 0(4L)+20000(4L-5%)+40000(4L-10%)+11250(75k-15%)=71250+4% cess=74100 Marginal Relief is applied primarily when a taxpayer’s income slightly exceeds the threshold where a surcharge becomes applicable. It ensures that the additional tax liability does not exceed the extra income earned beyond the threshold.
Yes marginal relief applicability is mentioned in annexure B that was mentioned in budget About crossing 12.75 lakh - this relief is available up to income of 1335588, post which the tax is calculated slab wise so yes you re partially correct, but marginal relief is also available if ivcome is slightly above 12.75 lakh
Its mathematics. When marginal and normal tax bracket will give same value, you will get the limit. After that normal tax slabs will be apllicable. To find marginal value, solve for x: 60000+.15x=x ; x=70588
I don't think online calculator is correct in terms of taking consideration capital gains,, because capital gains attract special rate and can't be clubbed with salary income,,kindly correct if i am wrong here
yes online calculator is based on normal income from job or business watch this video to understand capital gain taxation: th-cam.com/video/4Qu_gXNpc4Y/w-d-xo.html
According to explanation tax payable on 1300000 is 26000 . NET INCOME IS 1300000-26000= 1274000 , whereas for income of 1275000 taxpayable is ZERO that means NET INCOME is 1275000. For 1300000 net income is 1000 rupees less on comparing with 1275000.
Yes net income will be less because you are earning more. Also this standard deduction of 75,000 is only for Salaried employees and pensioners not for self employed or business owners
I have purchase your excel sheet and paid money. And I have not received neither link of download nor any communication. Don’t cheat the people by taking money and not responding
Marginal Relief in New Tax Regime video kaisa laga? COMMENT KARO 👇👇
Download Income Tax Excel Calculator 2025-26:
fincalc-blog.in/income-tax-calculator/
Your vedio is more enlightening than some stuipd news panelist who claim to be economists but fail to explain this.
thank you so much for your appreciation
Great explaination..best video so far on latest income tax in TH-cam.
finally the perfect video , subscribed
Thanks for the sub!
bhai re.....jan dal di video me. super se b upar
I must say... excellent video.
Even the finance ministry clarified this.
Instagram reels ne misguide kr diya tha.
Subscribed for life.
I hope I will learn many things from you.
❤
thank you so much for your comment. Won't disappoint you!
Perfect explanation by an underrated youtuber... I was wondering what could happen if the person earns 13LPA and you explained it in a detailed way. Good job
nice clearfication goog job bhaya
Bahut sahi video hai bhai. Exactly which I wanted you have given the answer
It's my pleasure
Perfectly explained than big channels 👍
thank you so much. my goal of explaining all is achieved :)
Best information regarding latest tax changes. My all doubts are cleared. Thankyou
welcome
Very well explained bro
Excellent
Thank you! Cheers!
Nicely explained 😊
thanks
Thanks for the calculator excel sheet 🎉
welcome
Vivid description.Thank U.
Extremely informative video. please make a video on new tax regime deduction individuals can use who earn more than 12.75 lakhs in 2025 ...also is saving bank account intrest deduction available in new tax regime and if yes what is the limit.
same question
if my income is below 12 lakhs but i am getting 5000 from saving account and FD interest will that be also tax exempted or do i have to pay tax on them. if yes, then according to which slab?
Yes looking for the same
saving interest amount cannot be exempted in new tax regime. will make separate video on deductions, stay tuned
@@fincalc thanks
Very good work,well done.
Thank you! Cheers!
Excellence explanation 👌
Glad you liked it
Beautifully explained.❤
thanks
Very good information.
thanks
Great video
Thanks for the visit
Bohot badiya video hai. I am sharing this video bro. Hope your information is correct and will be followed.
thanks for sharing
Well explained
thanks
Excellent perfect video for understanding. Subscribed.
Welcome aboard!
Perfect work dude. Really appreciated ❤
Thanks a ton
Marginal relief ka formula batado please
Now subscribed.
Very good information 👌. A lot of thanks. God bless you 🙏
thanks
Brilliantly explained...clarified to me...Thanks buddy...subscribed👍
thanks
Very well explained. Thanks bro 👍
Welcome 👍
Thank you ^ Infinity 😇. Superbly explained
welcome
Perfectly explained.... liked your video also from today onwards you have new subscriber 😊 also downloaded ur tax calculators
thank you so much
Sir
Govt has not clarify w.r t.marginal relief.
From whome
We may clarify.
Pl advice.
Below is the statement from budget speech:
"Resident individual with total income up to ` 7,00,000 do not pay any
tax due to rebate under the new tax regime. It is proposed to
increase the rebate for the resident individual under the new regime
so that they do not pay tax if their total income is up to ` 12,00,000.
Marginal relief as provided earlier under the new tax regime is also
applicable for income marginally higher than ` 12,00,000. "
Hope this clarifies.
Link of budget speech: www.indiabudget.gov.in/doc/budget_speech.pdf
Sir . only capital gain (stock market ) ki income hai .( no other income. salary ,business , Rent ..etc...) 10 lakh to kitna tax lagega ..plz reply sir..
ye video dekho STCG tax calculation ke liye:
th-cam.com/video/4Qu_gXNpc4Y/w-d-xo.html
Sir make video on if someone have 10lakh salary + 4 lakh stcg , then how much tax , and if someone have only 5 lakh stcg as income then how much tax
Your video very helpful and great explained. Can you explain about How NPS will be added in new regime.
employer contribution in nps can be claimed in new regime as of now
@fincalc Do company car lease benefit applicable to new tax regime or old tax regime? If I want to avail benefits like driver salary fuel etc non taxable reimbursement, can I avail in new tax regime?
More enlightened
No one in the entire country explains what happened if 13LPA prevails. I saw more than 50 videos and no one explained it. But u did it
This income is after cutting pf or before pf?
including PF amount. PF is not deductible with new regime
From CTC we need to remove PF also right?
in new regime you cannot remove PF
sir , make video for 14 and 15 lakh income tax too.
already made here:
th-cam.com/video/Q8t2J7a4j_o/w-d-xo.html
Nice explanation.thank you for this elaborative video.
Could you also tell more about deductions can be considered such as NPS or PF which can be deducted from gross salary
Nicely explained bro. Yahi same chiz maine kisi fin-influencer ke comment section mei likh di thi kal toh uske kamine bhakhto ne aa ke pel diya😂
thanks bro :)
Marginal relief ke liye gross total income lena hai ya taxable income lena hai?
Taxable
gross income 12.75 lakh se lekar 13,45,588 tak hai to marginal relief apply hoga
Sir, income matlab CTC ya gross income hai ya net salary ko samjha jata hai???
Gross income
Bhai ab samjh me aaya... Pichli video ke baad lag rha tha aapne calculation galat ki hai 13 lakh wale slab me... Wo marginal relief ki wajah se kam hua tax👍
न्यू रिजिम में तो मार्जिनल रिलीफ पिछले साल से लागु है ।
@mahendrasinhchauhan3951 Last year Apply hai marginal relief lekin mujhe aaj pata chala iske baare me
yes glad it helped
Agar income 15 lakh h to kya 60 hajar ka rebet milega ki nhi
@@omieshika No
Net salary or gross salary pe tax lagega?
Gross- PT= Income - standard deduction= Net Income, no tax upto rs 1275000 /-
What is PT? Kindly explain@@mahendrasinhchauhan3951
Nice video. Also please share taxability on different mixes of incomes including capital gains.
here is the video on STCG taxation:
th-cam.com/video/4Qu_gXNpc4Y/w-d-xo.html
Congratulations
Business income..what is tax slab
Super bri
Rebate toh ITR fill karne baad milega na ? if income is 12.75
nahi, employer tax cut nahi karega within 12.75 income
SIR NPS 80CCD2 की छूट मिलेगी क्या
Sir agar 1275000 se thodi jyada income h to kya paid earned leave lekr salary ko 1275000 k niche laa skte h kya?
employer se puchna padega aapko, vaisa acha sawaal hai ;)
Why marginal relief restricted to 1345588?why not to 1345589?any specific reason
because with 1345589, tax calculation using marginal relief and with tax slab rates are same and this is the break even point after which tax slab rates will be used
Sir,
Ltcg and stcg Pe same video banaeye pls..... If no other income and with salary
yes made video on STCG here:
th-cam.com/video/4Qu_gXNpc4Y/w-d-xo.html
Sir, under which provision of I T act 1961 is marginal relief available?
secƟon 115BAC
Any deduction for NPS in 2025-26????
Hi Abhilash, please check again old tax regime calculation, it's coming incorrect in my case in your Calculator or it's my understanding gap
what is incorrect? please provide income numbers and expected and actual tax shown
Sir Excel sheet kaise download kre
yaha se download karo:
fincalc-blog.in/income-tax-calculator/
I made the payment but didn't get the sheet.
Sir, what about NPS contribution for central government employees. Pls explain
Suppose I earn 13.5 lakh so after applying standard deduction income stands to be 1275000 so I can avail marginal relief ?
you can’t, you have to pay 74100 as per below calculation
0(4L)+20000(4L-5%)+40000(4L-10%)+11250(75k-15%)=71250+4% cess=74100
Marginal Relief is applied primarily when a taxpayer’s income slightly exceeds the threshold where a surcharge becomes applicable. It ensures that the additional tax liability does not exceed the extra income earned beyond the threshold.
Salary 11.75 salary +dividend 0.15 commission income 0.25 . How much tax
Bro, you are doing good job. Keep it up
Thanks a ton
Bhai ji ye pta kese lgega ki old tax regime hai ya New tax regime
Sir according to what i know and ehat i have read if amount crosses 1275000 we have to pay tac from 4 lakhs....are you sure about this
Yes marginal relief applicability is mentioned in annexure B that was mentioned in budget
About crossing 12.75 lakh - this relief is available up to income of 1335588, post which the tax is calculated slab wise so yes you re partially correct, but marginal relief is also available if ivcome is slightly above 12.75 lakh
Thank you very much sir....my salary was around 1280000....so asked because of this marginal relief my extra tax what you mentioned will be saved....
I have also downloaded the sheet...it's very easy to use . thank you
Can you plz share that annexure B if possible as it would be very helpfull for me to show in my office@@fincalc
Can you plz share Annexure B if possible
What about deduction
NPS ?
NPS is Applicable for private sector job?
@@pavanv3287 allowed in old regime.only.
Sirji..how do you assume that marginal relief will be applied only if the income is up to Rs. 13,45,588/- & not beyond ??
Its mathematics. When marginal and normal tax bracket will give same value, you will get the limit. After that normal tax slabs will be apllicable.
To find marginal value, solve for x:
60000+.15x=x ; x=70588
Dear Sir,
If a pensioner is getting 12 lacs plus ST capital gain of 4 lacs from share trading. How tax will be calculated? for a Senior citizen
Excel file is read only and not able put self data
If I have income from salary as well as business. In that case weather standard deduction is applicable or not?
Standard deduction is always there.
Not applicable on business income
@ if i have salary income of 11,95,000 and business income 80,000. In his case am i eligible for standard deduction of 75,000
Sir please tell salary income with agriculture income
Why u have not put tax calculation for business income
business income will not get standard deduction, that's the only difference
make video for trader as short term gain tax and long term gain tax for 12 lakh........
yes made stcg vide here:
th-cam.com/video/4Qu_gXNpc4Y/w-d-xo.html
@fincalc thank you
If my total income exceeds 12L including any special income, will i be benefited from marginal relief?
I don't think online calculator is correct in terms of taking consideration capital gains,, because capital gains attract special rate and can't be clubbed with salary income,,kindly correct if i am wrong here
yes online calculator is based on normal income from job or business
watch this video to understand capital gain taxation:
th-cam.com/video/4Qu_gXNpc4Y/w-d-xo.html
Can we apply for 2024-25 fy
Please clarify
pl suggest total tax on 1378000
Hi Looks like surcharge calculations are wrong in this excel,
You are right...
According to explanation tax payable on 1300000 is 26000 . NET INCOME IS 1300000-26000= 1274000 , whereas for income of 1275000 taxpayable is ZERO that means NET INCOME is 1275000.
For 1300000 net income is 1000 rupees less on comparing with 1275000.
Yes net income will be less because you are earning more. Also this standard deduction of 75,000 is only for Salaried employees and pensioners not for self employed or business owners
Due to surcharges.
Don't include education cess
What about deduction of Rs 25000/- of family pensioners under section 57 iia
Marginal relief kitne amount paar miltey h
Marginal releif ka formula kya hai
how much to pay for 13,32,000 annual income!
use tax calculator here:
fincalc-blog.in/income-tax-calculator/
Downloaded twice but
File can't open .
What is the issue?
Please mail at team.rrrapps@gmail.com
12,75000 lakh person got 1275000 as net but 13 lakh person got 1274000 as net he lossng know 1000 rupees?
Sir 2024 aur 2025 ka income tax me 12 lakh ki banifit milega plz helpme 165000 me income tax kitna banega
@@mahendrabhagat5770 what do want to say?
Next year only
Hello please help me not able to download the income tax sheet , I have done payment..please help.
mail at team.rrrapps@gmail.com with receipt
Read total circular about income tax and marginal relief concept.
Is marginal relief applicable in govt job 🤔
applicable for all salaried employees
surcharges 15% and 10% 2 times enter why sir
Can somebody tell what is the tax to be paid for 13.5 lakhs fixed pay please
0(4L)+20000(4L-5%)+40000(4L-10%)+11250(75k-15%)=71250+4% cess=74100
@Ardhendushekhar28 😭😭😭😭😭😭 eh kya hogya fir se tax bharna hai 😭
1275000 salaried person ko hai using 1275000 in calculation is confusing. Secondly education cess is not necessary to calculate rebate
Agar 13,45,589 income ke upar, tax slab me calculate hoga to, then 15% keliye 10,588 kese hua, it should be 21838. 7:30
New regime mei home loan ya kisi ka rebate nahi milta hai kya apart from standard deduction ??
@@Vanchi-2lyes
Exactly, calculation kuch galat dikha raha hain
It's getting calculated on the 70589. 15% of 70589 taxable income above 12 Lakhs. Calculations are correct
@@MukeshKumar-du6nl ok, mujhe is cheez malum nahi tha
Download the sheet and you would know in detail
Please tax caulation be made for income of 12lakhs regular income and 1 lakh special rate of income totalling income if 13 lakhs.
What about old Tax regime?😅
no marginal relief in old tax regime
X=60000+15%of x x is 70588
1300000 का टैक्स गलत बता रहे आप
I purched...
I have purchase your excel sheet and paid money. And I have not received neither link of download nor any communication. Don’t cheat the people by taking money and not responding
please mail at team.rrrapps@gmail.com with receipt