Budget 2025 Tax Changes Explained In Charts: When Do You Really Save Money? | Exemption Vs Rebate
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- เผยแพร่เมื่อ 7 ก.พ. 2025
- Budget 2025 | Nirmala Sitharaman | Tax Slabs | Income Tax Exemption | Tax Exemption Vs Rebate | What is the difference between Exemption and Rebate | Tax Rebate | Tax Slab | Tax Slab 2025 | New Tax Slab
After the budget announcement, most doubts people had were centered around - does everyone earning upto Rs 12 lakhs really have to pay NO tax? What is the difference between an exemption and a rebate? How will investments be taxed now - since that affects your final outcome. And most importantly... how much will you actually save under the new regime with the revised income tax rates?
To answer all these questions, Mint Money Editor Neil Borate speaks to a leading tax expert, Karan Batra.
Watch!
#budget2025 #nirmalasitharaman #incometax
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This budget will miraculously increase people’s income now. Business men who used to show incomes up to 7lac will now suddenly have incomes of 12 lac. 😂
😂😂😂😂
While its still a good move.
There is a need to fix these kind of loopholes for businesses... they are the ones getting away with paying minimal taxes while earning in crores.
as a mid level buisnessman i must say, u r correct but buisnessman who have capital lying around, for anyone operationg a low margin buisness...he or she cant. if i take my money out as salary, ill have no capital to pay my wages and electricity and fuel bills.
@@Dkgupta121 and then reduce exemption to 6 lakh netting a few evaders!
@@84KtnM very true
We have a tendency to broad brush and stereotype everything- okay, not everything but almost everything, ok not almost everything but definitely many things!
You know income tax isn't for businessman right?
The have business tax
Great....now all I need is job which pays 1 lac per month salary..
😮😅
I need a job that gives me a pension of one lakh after 3 months since I am already a senior citizen 😛
Company saying 13 lac package for you and i say please give me 12 lakh 😁😁🤣🤣😂😂😅😅
Thanks chinese bot
@@liuxian558 for 13 LPA u need to pay25000 only as tax ...
We have marginal Reliefe concept
I will keep posting my comments here - no matter how many times you chose to delete them.. Here it is :
At 2:37 the host says : "home loan & interest, which is the largest components of deduction is available in both old & new tax regimes.. So why would anyone stick to old regime" !! Sorry to correct him. He is WRONG. It is very sad to notice that such half baked hosts are commenting on such critical tax laws in the most casual way, misleading the listeners. Home loan principal repayment can be included in 80C and can be claimed ONLY in Old regime within the overall limit of 80C, ₹.1.50 Lakhs. The Home Loan Interest component, YES, can be claimed as 'Deduction' (Section 24(b)) under House Property Income - in BOTH Old & New Regime, BUT beneficial ONLY if the house is let out and Rental Income is declared. This home loan interest payment, does NOT have any effect, neither in Old nor in New regimes, if the house is self occupied. Please deploy some knowledgeable guys to host / present the correct facts regarding tax laws.
Home loan interest can be claimed upto 2L for self occupied property. You do NOT need to show Rental income to claim that. This negative amount can be offset against other income (Salary, Other sources). Hope that's clear for you now. Don't spread misinformation.
Interest for self occupied can be claimed only in the Old regime. Not in the new regime.
In Old - both Self and let out
In New - Only let out.
This is all scrapped now, so please forgive him 😂
Karan explains very lucidly. Pls get him on your show more often
Noted
Very useful, thanks.
Pls make a detailed video on what would be Tax if Total Income is coming from combo of (Short term Capital Gain + Long term Capital Gain + FD + Salary all inclusive income)
Case 1 : Total Gross income by all the heads = 38 Lacs
(In which Short term Capital Gain 15 L + Long term Capital Gain 10 L + FD 6 L + Salary 7 L all inclusive income 38 L)
Case 2 : Total Gross income by all the heads = 17 Lacs
(In which Short term Capital Gain 6 L + Long term Capital Gain 5 L + FD 2 L + Salary 4 L all inclusive income 17 L)
Case 3 : Total Gross income by all the heads = 12 Lacs
(In which Short term Capital Gain 3 L + Long term Capital Gain 4 L + FD 2 L + Salary 3 L all inclusive income 12 L)
Noted
Excellent arrangement and presentation method with white board core figures written already . Super questions and clear answer . Your prevention cleared my doubt. Thank you
Thanks!
Excellent explanation
Well done Neil.. 👏 leading from the front
Thanks!
Best clarification video I watched ❤
Thanks Maruthi
For someone with home loan, Mutual fund investment, Heath insurance, House rent, Tution fee for kids. Old regime still makes sense
@@naveenv023 options are open
The break even is very high Naveen
With this Govt officially recognises people earning upto 1 lakh per month as poor.. the rich are probably earning crores
1 lac in metro cities still feels poor for sure..
@ yes bro.. it’s difficult
Not poor but middle class people. Good for middle class
@@vikramadityapanda9672 with earnings less than 6 lakh, I would have preferred exemption upto 6 lakh only. With free ration for 800 million, 50k a month is not poor
@@ssr1857 sure they should prosper. 1971 garibi hatao is old sock
Kudos Man!! Great work
Thanks Mayank
Stop luxury expenses of politicians doesn’t matter which party - let them pay from there pocket. Add taxes to political party income funds , add slab to agriculture income so rich people tagging as farmer get taxed ( Bollywood and political celebrities ) . Don’t people make full by such peanuts
About 80% salaried people are under paid by companies which is around 5 lakhs annually . No companies had increased the salaries for those employees since past 3 years and they are trying to fire them and hire freshers as low as 2.5 lakhs annually. So what does government do on those minimum wages ??
Work to be in the 20% then
80C + HRA + old regime tax = new tax regime 👍🏻 ...
Sir, since last year, the govt removed the distinction between STCG and LTCG for debt mutual funds, taxing them at slab rates. Please clarify if the rebate under 87A will apply for AY 25-26 and AY 26-27, given that it’s no longer taxed at the special rate like equity, though still treated as capital gain taxed at slab rates. If you can make a video explaining the treatment of debt MF and Section 87A, it would be very helpful.
Noted. We will try to create one.
Finally, good for middle class people.
@@mohan2420 after all they and evm only matter
I am a fin adviser and one very interesting case thay came to my attention
An early-retirement investor had kept money in his epf account. He did a part withdrawal for an emergency. 10pc tds was deducted. Then when he claimed it in income tax return in his assessment - his return has not only been processed for last 6m. Apparently IT send him some email that went to spam - which he missed - so no processing of his return only!
Gajab ka vishwaas
This assessment year 25 and 26 businessmen show an income of 1195000
Damn this 12 lac gimmick. Old tax regime is being ruled out where people get exemption on 80c, home loan etc. now even with this 12 lac thing, people earning higher, have to pay full tax!!! Just a shitload of marketing! Bloody hell
Is employer contribution to nps and pf still tax free or are these deductions not available post 2025 budget under new tax regime?
Is the epfo contribution by employee deductible under the new regime. If not can this be reduced to 0 by the employee, because in effect the employee is being taxed on the income without seeing any money and the epfo is no longer EEE
Employee contribution is not eligible
Not fair. Now i feel like going back to 12 lacs. What to do?
Nice presentation.
Please clarify whether capital gain income is included in the exempt income limit. E.g my income under salary and other sources is 2.5 lakh ( after std deduction) and capital gain 2.0 lakh (beyond exemption limit of 1.25 lakh), whether CG tax will be payable on 2.0 lakh or 0.5 lakh.
Regarding those low income pple...thier is no issue...middle class people hardly earn few thousand ...prices of commodity higher they we earn... the videos is only meant for high middle class...
Is corporate NPS deduction still applicable after 2025 budget.
Yes. Not been taken away
What abiut capital gain taxes? If we have capital gains then is the 12 lakhs ZERO is it applicable?
No. Capital Gain income has always been fallen under separate tax rates...it's independent of your total income. You have to pay flat rates on LTCG(above 1.25 laks) and flat rates on any STCG.
@@SaikatBsure? Some say if we earn 10 lpa from salary and got (say ) got 1 L as capital gains from equity , we gotta pay STCG/ LTCG (which is usually what we have to do) , in addition we cannot claim 20% rebate..
Is that true? Please clarify I'm confused.
do the govt prevent the common people from investing in equity?
Hey Neil, on what basis are you saying that the old tax regime is unattractive? Let's say someone has an annual salary of Rs 15 lakh, he/she will pay a 15% income tax under the new regime, even after the Rs 75,000 standard deduction. But if it is someone who invests to tha max limit under 80C, has a home loan, insurance for self+parents, and invests in NPS, the old tax regime continues to be attractive. Simply because after 80C/D/CCD, HRA, the net taxable income is significantly lower in the old regime. One thing that a lot of salaried professionals fail to understand is that while they are probably not investing that 1.5 lakh under 80C, which might seem like an expediture eating into your disposable income, that is still your money. Unlike in the new tax regime, where you are instead giving it away as taxes. How is the new regime still enticing for this category?
@@msaraswathy just that! Old regime is still beneficial!! And ideally, net net, salaried is not getting anything. Or that, tax rates remain the same, for those really calculative salaried class saving through every other means
Something like 5 lakh worth of deductions need to be claimed on a 15 lakh salary. What does it do to cash flow?
@@neilborate Fair enough. But that cash is still going into my future savings, right? Not flowing out as taxes?
For 15L old 2.625L tax, whereas new 1.15L.....
So, too bring old tax to that amount need to claim 5L in deduction.....makes taxable as 10L...
80C is easy with pf, insurance....1.5L, nps 50k, medical insurance 50k,
Need 2.5L from hra and others that is not possible with 15L salary .....
For 15L, with basic pay as 6L...then 3L in hra if rent is above 3.6L (30k per month).....
Not for everyone the old regime is suitable now.....
At 2:37 the host says : "home loan & interest, which is the largest components of deduction is available in both old & new tax regimes.. So why would anyone stick to old regime" !! Sorry to correct him. He is WRONG. It is very sad to notice that such half baked hosts are commenting on such critical tax laws in the most casual way, misleading the listeners. Home loan principal repayment can be included in 80C and can be claimed ONLY in Old regime within the overall limit of 80C, ₹.1.50 Lakhs. The Home Loan Interest component, YES, can be claimed as 'Deduction' (Section 24(b)) under House Property Income - in BOTH Old & New Regime, BUT beneficial ONLY if the house is let out and Rental Income is declared. This home loan interest payment, does NOT have any effect, neither in Old nor in New regimes, if the house is self occupied. Please deploy some knowledgeable guys to host / present the correct facts regarding tax laws.
What about medical policy's?
Can you make this 87A rebate more clear.
What would you like to know?
Very well explained thank you 😊
Thanks Aishwarya!
I understand the Whiteboard “thing” but why are they standing? Why can’t you provide them a comfortable seat and let them discuss it with us!!
With all the changes, is the total percentage of taxpayers increasing? NO! Still 2% direct tax payers will run the entire country. Government must make it mandatory for any business to only accept digital payment, NO CASH! We toil hard and our hard earned money is taken in cash and they NEVER PAY TAX! Businesses still exploit same loopholes. Facilities like Sudan will continue while paying tax like Europe. All contracts still go to Adani and Ambani, GST Numbers are exactly like they were before and btw, 12 lacks is middle class? So this is just a distraction. Surely, this budget is helping a tiny portion of population but it is NOT CONTRIBUTING ANYTHING TO INCREASE TOTAL TAX PAYER PERCENTAGE or reduce the debt of our nation. I would call it a fail. Before you ask, I am not a Congressi or AAP ka chamcha, but a total centrist who just wants to spread awareness.
Have a glass of water samantha. Then go read about sudan first
@@NihitPubAdLooks like a MAAFIVEER out here.
12.75 lakhs exception only for salary income or combined interest income House rent income.
Combined
Excellent explanations!
Thanks
If a person has salary income of 12 lakhs (after standard deduction of 75k) and short term capital gain of 2 lakhs. Total earnings are 12+2 = 14 Lakhs
In this case do he need to pay tax for salary income ? Or he just only need to pay STCG tax for the 2 lakhs ?
Good effort made on this presentation.
Thanks
At 2:37 the host says : "home loan & interest, which is the largest components of deduction is available in both old & new tax regimes.. So why would anyone stick to old regime" !! Sorry to correct him. He is WRONG. It is very sad to notice that such half baked hosts are commenting on such critical tax laws in the most casual way, misleading the listeners. Home loan principal repayment can be included in 80C and can be claimed ONLY in Old regime within the overall limit of 80C, ₹.1.50 Lakhs. The Home Loan Interest component, YES, can be claimed as 'Deduction' (Section 24(b)) under House Property Income - in BOTH Old & New Regime, BUT beneficial ONLY if the house is let out and Rental Income is declared. This home loan interest payment, does NOT have any effect, neither in Old nor in New regimes, if the house is self occupied. Please deploy some knowledgeable guys to host / present the correct facts regarding tax laws.
Next time I am not gonna vote for BJP! #SayNoToBJP
I am of the same opinion. So many gimmicks and I don't know why.
First 12 lakhs, why should it be taxed for folks earning 14 lakhs. Shouldnt it be default!!
Your franchise .they rest are suffering
@@ansaiprasanna u r not going to pay then go to pakistan.
@@yosalthapo sorry, I don't get this
Why? Idiots.. educate yourself 😅 rebate means discount.. 12 lakh tak jo bhi tax banega wo rebate milega, matlab 0 tax..
Pappu warriors can't understand this little thing, and they want to win 😅
Sir, If I earn Total Rs.11 Lakhs 50 Thousands in a financial year(2024 - 2025) from stock market, do I have to pay any taxes?
What about old regime??
No changes to it. Might eventually be phased out.
What about pf, nps, will this still be exempted?
Employer PF & NPS is deductible in the new regime. Not employee contributions.
Is PPF interest added in this 12 lakh limit? Or is this exempted?
No ppf interest is never added in your income. Its a safety net for retirement and its tax exempt.
PPF interest is exempt from tax
@@neilborate But interest from PPF is taxable .
@@prodoshdutta5136 No. PPF is EEE that is exempt exempt exempt on contribution, interest and maturity
PPF interest is exempt but has to be declared in the tax return under exempt income
it's good that they've brought in the slabs or else income above 12 lac would've been charged at 30% now it'll help to save some thousands of tax
Where Charts?
Can u make a much clear video showing the calculation.
If my income pension+SCSS+Interest income+House rent combined income less then 12.75 lakhs Is I wiill not have to pay any Tax .
What about home loans is it is revised and asli repo rate pkZ update.
FD interest 1.00 lakhs for senior citizens allowed in new tax regime ?
That's a TDS relaxation, not a tax one. Applies to both regimes
Tax on debt mutual fund is still unanswered…
We will publish an article on this soon. Short answer is that debt MFs fall into slab rate & will get rebate
Nobody seems to be pointing out the absurdity of punishing the more successful and giving to the "poor" has become obscenely absurd.
Ideally, income tax should have been uniform and flat, like every rupee earned should have been taxed at the same rate.
Rich would still pay more, because they earn more, but every resident makes his proportional contribution to the budget.
That was not enough, so we had progressive rates, i.e. higher rates at higher incomes.
Now, with this refund system, one person earning 12 lakhs will be richer than one earning between 1,200,001 to 1,260,000 rupees.
This will cause reasons to hide income for the people within that range.
That’s why the word socialism is a curse 😂
There should be additional taxes on dumb people.
Buy a calculator and compare taxes for ay25-26 & ay 26-27
@dew_reddit People who respond to wrong comments and can't read and comprehend like you should be suspended from comments section.
What happens If my Salary tax at 80 L taxable and assuming stocks earning at 15L. The 10% surcharge will be applicable only on 80L or on 95L including the stocks earning?
The channel seems to have deleted ALL comments in the section - which questioned the host / anchor 's wisdom in WRONGLY conveying that home loan repayment is available in BOTH old and new regimes. It is wrong.
Can someone explain the concept of Rebate under section 87/A?
While the budget is a fresh breather for people earning a lac per month (median salary in India) but it still does not fix the core issue. People who are seasoned professionals ie having experience of more than 10 years will likely have a salary of more than a lac per month and they will also have a family which means, increase expenses. So there is a very marginal respite for them but those who are starters will be able to save money without paying taxes.
1275000 - Zero Yax...
But 1300000 - 64000 tax...
Here 13 LPA is lower than 12.75 beacuse of this new tax ..
bro bro lets say they did upto 13 lacs , now next person with 13.5 lakh will argue then lets say they did for 14 lakh now a person with 15 lakh will come and argue your point is basless
@@BALAJIK-yt3kc
Actually we have some marginal section for this and we don't need to pay full tax...
@@BALAJIK-yt3kcin cases like this they should have increased the exemption limit like 12 lac if they really wanted to give everyone an equal playing field
@@BALAJIK-yt3kc well said ,fed up with people complaining
Ask ur employer amount above 12.75L to contribute for NPS
Divide and rule. Middle class was divided. Upto 12 lakhs group and more than 12 lakhs group. What middleclass is demanding is to define what income needs to be rich in India and income tax shall start from that point only. Middleclass shall still live with their sky rocketing rents, education fees, health, insurance costs etc. Why shall this SMALL TINY fraction of this country pay income tax while all the countries psy only GST? and live with pollution, pathetic roads, practically no public heath care and education? Politicians shall support the middle class. They are simply over ran by the colonial era bureaucrats. I think finance ministers these days have no heart and brain to logically think what the public is feeling to live in this country. Pity.
Good budget jumla jumla jumla why too much complicated
Small bits of useful information. Nicely delivered!
At 2:37 the host says : "home loan & interest, which is the largest components of deduction is available in both old & new tax regimes.. So why would anyone stick to old regime" !! Sorry to correct him. He is WRONG. It is very sad to notice that such half baked hosts are commenting on such critical tax laws in the most casual way, misleading the listeners. Home loan principal repayment can be included in 80C and can be claimed ONLY in Old regime within the overall limit of 80C, ₹.1.50 Lakhs. The Home Loan Interest component, YES, can be claimed as 'Deduction' (Section 24(b)) under House Property Income - in BOTH Old & New Regime, BUT beneficial ONLY if the house is let out and Rental Income is declared. This home loan interest payment, does NOT have any effect, neither in Old nor in New regimes, if the house is self occupied. Please deploy some knowledgeable guys to host / present the correct facts regarding tax laws.
If salary income is 11.50 lac and Capital gain is 2lac, what would be tax payable?
We will write an article on this soon
This is called financial terrorism....LOOTING PEOPLES MONEY IN A NEW WAY
75000 standard deduction is for everyone or only for people who is earning less than 12 Lac ?
For everyone
If TDS is deducted on salary income upto 12.75L eventhough it is tax free with rebate, where is cash in the hands of people to spend?
@@sridharvenkat717 only tax is deducted, not salary
You missed the point. People are supposed to have surplus cash due to lower tax. If TDS is made that cash will be refunded only next year after filing return. Please clarify what you mean.
I think companies will not deduct tax if the salary is below 12.75 lpa , so people who were paying 6-7 k tax every month will be having extra disposable incom6
@@SuperHari1990 it is a rebate and not exemption. To claim rebate one has to file return the regular way, show tax liability. Then rebate is given. If return is not fixed, no rebate is given. So rebate is not a right. So TDS has to be done I feel.
if no tax till 12 LAc why its showing 5% between 4 & 8 lacs?
"If you have capital gains, you can't claim this rebate. If somebody is earning 10 lacs normal income and 2 lacs from capital gains, then the normal income of 10 lacs is tax exempt and on 2 lacs of capital gains, they will have to pay tax" - so here, he says we can't claim this rebate. Then how come 10 lacs is tax exempt? With 2 lacs capital gains, we lose the opportunity to claim this rebate totally right?
I think so, they want to increase bank deposit instead of capital market.
Of course it will apply to direct income not indirect income.
Unless you want to pay tax twice 😆
Ever you heard of capital gains tax?
They want you to spend not to invest as simple as that
What is limit for Huf?
Same as individuals
This video does not help and the audio is even worse.
At 2:37 the host says : "home loan & interest, which is the largest components of deduction is available in both old & new tax regimes.. So why would anyone stick to old regime" !! Sorry to correct him. He is WRONG. It is very sad to notice that such half baked hosts are commenting on such critical tax laws in the most casual way, misleading the listeners. Home loan principal repayment can be included in 80C and can be claimed ONLY in Old regime within the overall limit of 80C, ₹.1.50 Lakhs. The Home Loan Interest component, YES, can be claimed as 'Deduction' (Section 24(b)) under House Property Income - in BOTH Old & New Regime, BUT beneficial ONLY if the house is let out and Rental Income is declared. This home loan interest payment, does NOT have any effect, neither in Old nor in New regimes, if the house is self occupied. Please deploy some knowledgeable guys to host / present the correct facts regarding tax laws.
any benefit for 25 LPA peeps??
Nothing
The 4 to 8 lacs at 5% is 20,000
8 to 12 lacs at 10% is 40,000
That is 60,000 tax payable....but here there is a tax rebate of 80,000 which will take care of this 60,000....that is how there will be nil....
Can u say how much will be taxed for 13.5 LPA in the new tax regime?
@hbrhbr1221
If you take standard deductions which I think is 75,000, total payable tax income at slab 12 to 16 lacs will be 75,000 for 13.5 lacs....which calculated at 15% will be around 11250....so since tax rebate does not apply since it is beyond 12 lacs income (which I think should apply equally to all irrespective to income) but if the rebate were not to apply here then the tax payable will be 60,000 + 11250 which will be 71250....i am no CA or tax expert, just what I thought....
@@rajk-qk7ne thanks for the clarification 👍
@hbrhbr1221 for 13.5 lpa , it's around 74k including cess tax under the latest sab rates , u will be saving around 22-24k
Tax calculators are available with the latest updates, u can crunch your numbers there
Why don't you explain with a simple example ? What's wrong with that kind of explanation than speaking too technical the interviewer did the worst job of asking questions
EWS section shud be increased to 12L then
TDs Shud not be deducted upto 12 L
Based on Neils ever expanding girth, clearly the higher gst on caramel popcorn hasn’t worked
Ouch. Below the belt.
@@neilborate 🤣😂
There is discrimination in the IT slabs . If a person gets income of 1200001 , has to pay tax ₹ 60000 and his net income is 1140001, whereas a person drawing 12,00,000 will not pay any tax and takes home the entire 12 lakhs . Is it fair?
@@rangamanipt8883 exactly. Should it not be uniform. Taxes should start then from 12L. It's a gimmick 🙂, there are some peanut benefit for salaried. It's like you have taxed us from every corner that this relief is immaterial
bro bro is anyone getting 12 lakhs 1 rupees as salary are u are making up own stories ?
@@BALAJIK-yt3kc Pls understand the point. Need not be 12 L 1 rupees, say 12.2 lakhs. This is possible right? Now do the math!!
There is marginal releif concept also.. in that case only rs. 1 will be paid for 12 lakh 1 rupee taxable income
@@Himanshusinghal43 I see. So till the income goes above 12L after tax, marginal relief comes (for this scenario) - makes sense.
But I still believe, it's a half baked truth to tell no tax till 12L. It's only if you earn below that.
For 15L old 2.625L tax, whereas new 1.15L.....
So, too bring old tax to that amount need to claim 5L in deduction.....makes taxable as 10L...
80C is easy with pf, insurance....1.5L, nps 50k, medical insurance 50k,....as those would be already doing on
Need 2.5L from hra and others that is not possible with 15L salary .....
For 15L, with basic pay as 6L...then 3L in hra if rent is above 3.6L (30k per month).....
Can make 5L deduction but, Not for everyone the old regime is suitable now.....
How much tax will be applicable for 13 LPA in a new tax regime ?
Not explained properly.....
What isn't clear? Please be specific
Why TDS deducted for upto 12 L
The budget will take effect from April 2025. Not current year
Poor structure to conduct such a session. Get your act together.
Still no clarity on Debt Fund taxation (slab rate but also CG, included in 12L or not?)
Thats why you don't have any job.. ude your brain
Even though debt funds long or short term are taxed under slab rates and not special rates since 2023 there is lack of clarity as of now since capital gains have been excluded from the 12 lakh exemption limit in this budget. Logically speaking since debt is taxed at slab rates it should qualify for the 12 lakh exemption limit. At least that will give some relief since they removed the 20% special rate for long term debt funds
Most poor audio
Incomes will be raised now 😅
Make her explain it properly. Everytime she confuses public .
Can anyone explain what is rebate? Is it like tax was already deducted from salary. But when paying tax, that money will come back right? But what is the limit. Why limit is there
Basically it means discount.. they tax you have to pay it will be discounted at the end, and you will have to pay 0% income tax
Rebate means you have to file ITR to claim it. You need not pay tax if income < 12 lakh but you must file ITR
My income is 7lakh, so you are saying there won't be any income tax cut from my salary monthly?
@@niara6,for 7 lakhs salary tax will be 15,000. Since rebate is there till 75000 and tax is less than rebate, so no tax to be paid
@@neilborate that I understood. But what is 60k limit? If I paid more than 60k in TDS, will I not get that? I dono how much TDS has deducted, but it will be less than 60k. But still asking
👌
Only monthly Salary person 12lakh 75000 thousand
Its unfair for people who make 12lakhs plus . She is joker fm..
Taxes get wasted when you send people who don’t pay tax for HAJ . Just a thought
@@zerovision1837 hundreds of other categories of evaders
Old Tax Regime is History now....🤤
Yes
Very clear and to the point questions and answers...ty!
At 2:37 the host says : "home loan & interest, which is the largest components of deduction is available in both old & new tax regimes.. So why would anyone stick to old regime" !! Sorry to correct him. He is WRONG. It is very sad to notice that such half baked hosts are commenting on such critical tax laws in the most casual way, misleading the listeners. Home loan principal repayment can be included in 80C and can be claimed ONLY in Old regime within the overall limit of 80C, ₹.1.50 Lakhs. The Home Loan Interest component, YES, can be claimed as 'Deduction' (Section 24(b)) under House Property Income - in BOTH Old & New Regime, BUT beneficial ONLY if the house is let out and Rental Income is declared. This home loan interest payment, does NOT have any effect, neither in Old nor in New regimes, if the house is self occupied. Please deploy some knowledgeable guys to host / present the correct facts regarding tax laws.
No clarity on your explanation... give examples.
I much tax i have to pay if my salary is 13lac
Good budget for Bharat n all . Modi ji n Nirmalaji rocks . Thank you from all of us . Jai Bharat
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how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach?? and How can i reach her, if you don't mind me asking?
this is a stupidly uneven taxing, very bad
Persons earning say between 11,99,900 and 12,00,100 the tax liability is from 0 to 60,000 ????.it means a person earning ₹ 200 more has to pay tax of ₹ 60,000 .is this like that ! . If it is so - it is simply rediculous and stupidity of the tax formule designed .limit of anomoly ! ???? This sudden jump or drop in tax rates at certan figures at below 12 L and above 12 L reflects the poor & low grade work of designers / drafting of laws and charts ! NS simly reads out what is drafted and given to her.I dont think ,they look into these .simply reading and presenting the script by team of persons in PMS & F inance ministry . .
R
Very silly rules,
BJP HAS PROVED THE BEST PLANNING FOR INDIA! 💹📈🔥
MERA BHARAT MAHAN🇮🇳💯
😢
It’s welcome but totally biased and unfair.
12 lakh no Tax is a gimmick ... Stop repeating it
Fool budget. What about Railway sector which is giving more earnings to Govt.
Tu ja kar pappu ke sath game khel 😅