Income Tax Savings (Declaration) for Employees | Telugu | 2021 | Old vs new regime | Software lyf

แชร์
ฝัง
  • เผยแพร่เมื่อ 23 ธ.ค. 2024

ความคิดเห็น • 208

  • @ArhanCodeCast
    @ArhanCodeCast 9 หลายเดือนก่อน +1

    Point to Point detailed explanation brother. thank you so much for the valuable information.

  • @gnanendrareddy6199
    @gnanendrareddy6199 2 ปีที่แล้ว +4

    I never expected this type of explanation... Awesome..

  • @mahesh2774
    @mahesh2774 2 ปีที่แล้ว +19

    Hi bro, I don’t have knowledge on income tax, can you please make a video from starting to ending. For example, Financial year , assessment year , form 16 and declaration and what is declaration and what is ITR and how to fill the ITR like the steps and all bro.

    • @saikrishnaykiccha1799
      @saikrishnaykiccha1799 ปีที่แล้ว +2

      Financial year is nothing but your preceding year where you have earn income that is salary, rental income, Capital gain, Business income, other sources during a that year.
      Assesment year: It is nothing but the amount what you have earned from preceding year that should be file this or current year.
      Example
      Preceding year 2021-22 Financial year
      Current year 2022-23 Assesment year.

    • @saikrishnaykiccha1799
      @saikrishnaykiccha1799 ปีที่แล้ว +2

      Declarations is nothing but your savings and investment,premium paid in insurance, loans taken from financial institutions like home loan, education loan, rather than personal loan, vehicle loan, but EV vehicle gives you tax benifit under sec 80 EEB is also consider submitted to your employer to avoid tax burden.
      Just it is tax planning to avoid TDS.

    • @mallikakp727
      @mallikakp727 ปีที่แล้ว

      Thanks @saikrishnay kiccha

  • @lbrahmareddy7284
    @lbrahmareddy7284 3 ปีที่แล้ว +4

    Such a valuable information for salaried people

    • @SoftwareLyf
      @SoftwareLyf  3 ปีที่แล้ว +1

      You're welcome. Please share our videos with your friends and colleagues

  • @vinodp4102
    @vinodp4102 2 ปีที่แล้ว +2

    chala baga cheppav bro..Thank you

  • @shineyourself7859
    @shineyourself7859 2 ปีที่แล้ว +2

    Thanks, annayya. Chaala baaga chepparu. Very useful video.

  • @reddyramaganesh3187
    @reddyramaganesh3187 2 ปีที่แล้ว +1

    It's great and useful video TQ So much for your given important information.

  • @sharifshaeru9170
    @sharifshaeru9170 ปีที่แล้ว +4

    Excellent Explanation Bro❤

  • @pallavichowdary6384
    @pallavichowdary6384 5 หลายเดือนก่อน

    Very nice and clear explanation

  • @naanichilakalapudi2614
    @naanichilakalapudi2614 2 ปีที่แล้ว +4

    Such a good video sir. Very clear explanation. 👌

  • @gaddipatiprabhakar2889
    @gaddipatiprabhakar2889 2 ปีที่แล้ว +1

    Thanks, Bro ....Really Helpful information.

  • @gattuakhil2319
    @gattuakhil2319 3 ปีที่แล้ว +2

    eagerly waiting for this!!

  • @madhava_ms
    @madhava_ms ปีที่แล้ว

    Nice explanation bro .chala baga chepparu

  • @gollavillisrinu621
    @gollavillisrinu621 3 ปีที่แล้ว +2

    Thanks for your valuable information

  • @lokeshkatikireddi1924
    @lokeshkatikireddi1924 3 ปีที่แล้ว +1

    Very good explanation

  • @achyuth401
    @achyuth401 2 ปีที่แล้ว +1

    Informative video bro, Thank you

  • @bhanurebel9660
    @bhanurebel9660 2 ปีที่แล้ว +1

    Please do a video on how to fill income declaration form

  • @bhanurebel9660
    @bhanurebel9660 3 ปีที่แล้ว +1

    Investment declaration form ela fill cheyali cheppandi video cheyandi

  • @imganga999
    @imganga999 10 หลายเดือนก่อน

    Thank you so much anna useful vi elantivi cheyandi plss

  • @kolluruvnrlnikitha8361
    @kolluruvnrlnikitha8361 2 ปีที่แล้ว +1

    Very well explained 👍

  • @manoharvmanu-kv9kc
    @manoharvmanu-kv9kc 2 ปีที่แล้ว +1

    Helpful person thank you

  • @deepthideepthi8528
    @deepthideepthi8528 ปีที่แล้ว +1

    Hi bro, resignation process lo IT proof submission submit cheyakapote, f&f lo deduct chestara

  • @somendandapathak9043
    @somendandapathak9043 2 ปีที่แล้ว +2

    Can you please add the subtitles? By reading the comments seems to be very useful video.

  • @venkatesh6960
    @venkatesh6960 14 วันที่ผ่านมา

    Oka Vela it declaration form submit cheyyakapothey em ayina risk untunda sir

  • @gopikolli724
    @gopikolli724 2 ปีที่แล้ว +1

    Bro tax declaration submit chesetappudu few schemes select chesi proof's submit chesetappudu other schemes proof's submit cheyyavachha

  • @srinivasburgula7415
    @srinivasburgula7415 3 ปีที่แล้ว +1

    Houserent proof ela chupinchali

  • @sivaprasad3037
    @sivaprasad3037 3 ปีที่แล้ว +1

    Good information and helpful

  • @Funnykidszone2024
    @Funnykidszone2024 3 ปีที่แล้ว +1

    Nice bro keep going on you are making nice videos and sharing nice information.

  • @GKrishnna-c2b
    @GKrishnna-c2b 2 ปีที่แล้ว +1

    Thanks sir, very useful..

  • @subbu4754
    @subbu4754 ปีที่แล้ว

    Exactly looking for this video

  • @vamsientertainmenthub6651
    @vamsientertainmenthub6651 2 ปีที่แล้ว +1

    Super super... Useful video

  • @harinath8938
    @harinath8938 ปีที่แล้ว

    Good explanation useful vedio

  • @SaiRamchary-cl6ih
    @SaiRamchary-cl6ih 2 ปีที่แล้ว +1

    Thank you very much ,very clear

  • @RohithVarma-c4c
    @RohithVarma-c4c 10 หลายเดือนก่อน

    tax anedhi basic salary ki consider chesthara or ctc ka!!

  • @NithishKumar-qq1xd
    @NithishKumar-qq1xd 13 วันที่ผ่านมา

    Hi sir , I have joined for new company on December, which is higher than 10LPA . Should i make IT declarations now only or else on april/may like that?
    Can you expalain in the case of change of company. Because this is my first IT declaration filings.
    Could you please help?

  • @pujithaparuchuri3907
    @pujithaparuchuri3907 3 ปีที่แล้ว +1

    Hi ,
    Nenu proof submission- HRA lo 12bb lo wrong house number wrong vachindi (april-2021 nuchi Feb -2022 varuku and March ki emo correct vachindi) and rental slip emo March address tho untundhi . Adhi nenu chusukokunda submit chesesa.. ipud change cheyadaniki untunda or okavela verification chesi risk chese issue chesey chance untunda ?? Please help cheyandi

  • @venkych4623
    @venkych4623 3 ปีที่แล้ว +2

    Hi sir IT company lo intern ga join i full time employee ga marali anty elanti steps follow avali ?

    • @SoftwareLyf
      @SoftwareLyf  3 ปีที่แล้ว +1

      Planning to make a video about it already. Keep following the channel.

    • @venkych4623
      @venkych4623 3 ปีที่แล้ว

      @@SoftwareLyf Thank you 🙂

  • @sivakrishna007K
    @sivakrishna007K 2 ปีที่แล้ว +1

    Investment documents ante em ivvali?

  • @sukanyachtiki9623
    @sukanyachtiki9623 ปีที่แล้ว

    Thankyou bro.... useful information

  • @konasravani
    @konasravani 2 ปีที่แล้ว +3

    Hi bro,
    If i spend 1lakh in PPF then how much amount will be reduced from tax amount

    • @saikrishnaykiccha1799
      @saikrishnaykiccha1799 ปีที่แล้ว

      100000 is fully Exempted under sec 80 C and it gives you good return on investment also it is EEE benefit is giving no tax payable when u earn interest on that investment

    • @saikrishnaykiccha1799
      @saikrishnaykiccha1799 ปีที่แล้ว

      Under 80 C
      PPF, EPF, GPF, ELSS,tuition fee, housing loan pricipal, 5 years lock in FD, SCSS,LIC = this all investment total but maximum limit is 150000 that's it.

  • @vamsiganta3985
    @vamsiganta3985 3 ปีที่แล้ว +1

    Hi bro relievng letter Naku icharu company lo , kani experience ivaledhu how to get it?

  • @mohansai9109
    @mohansai9109 ปีที่แล้ว

    I mistakenly choosed the new regime, shall i change the old regime.any possibilities . Please suggest

  • @GKrishnna-c2b
    @GKrishnna-c2b 2 ปีที่แล้ว +1

    Great video🎥🎥🎥

  • @sanjaymoganti4120
    @sanjaymoganti4120 2 ปีที่แล้ว +2

    I have a doubt in tax. If I choose old regime tax, I haven't taken any insurance, loans, etc. Then what is the Way for it

    • @saikrishnaykiccha1799
      @saikrishnaykiccha1799 ปีที่แล้ว

      Then go with new tax regime when your income is more than 8.5 lakhs because tax slabs is less when compared to old tax
      Upto 2.5 no tax
      2.5 to 5 =12500
      5 to 7.5= 50000
      7.5 to 10 lakhs=15000
      Add: 12500+50000+15000= 77500
      When you choose old slab
      Upto 2.5 no tax
      2.5 to 5 lakh 12500
      5 to 10 lakh = 850000-500000= 350000×20%= 70000
      Add: 12500+70000= 82500
      It will helps to save nearly 5000 saves you.

  • @sai7096
    @sai7096 2 ปีที่แล้ว

    If I invest in elss through sip mode ,whole amount of sip will done in that year do I need to delcare initially in tax declaration to avoid tds every month

  • @josafpatel1983
    @josafpatel1983 3 ปีที่แล้ว +1

    Great..waiting bro...

  • @tez1122
    @tez1122 2 ปีที่แล้ว

    Bro naku m investments lev bro then ela fill cheyali bro form ni

  • @LakshmiLakshmi-tg2om
    @LakshmiLakshmi-tg2om 3 ปีที่แล้ว +1

    House rent bill ledu andi .. Google pay chesthunam.. alanti situation lo ela

    • @chukkaganesh5214
      @chukkaganesh5214 2 ปีที่แล้ว

      Same nenu kuda

    • @sivaram2504
      @sivaram2504 2 ปีที่แล้ว

      You can find forms in google download and ask landlord to sign on that by filling all the required details

  • @jsblockchain381
    @jsblockchain381 ปีที่แล้ว

    bro 24lpa ku entha tax pay cheyali bro new regine and old regime

  • @bhanurebel9660
    @bhanurebel9660 ปีที่แล้ว

    When is the last date for submission of investment proofs

  • @నాప్రపంచంచాలాచిన్నది

    Tax deduction lo depending people valla meedha unna loans emaina pettacha

    • @saikrishnaykiccha1799
      @saikrishnaykiccha1799 ปีที่แล้ว

      Which loan only home loans anthe allowed has deduction personal loan is not considered under IT of 1961. But owner is not others you only the owner of the property, Lethouse property undali otherwise no way.

  • @srikanthkarumanchi6515
    @srikanthkarumanchi6515 2 ปีที่แล้ว +1

    Bro, new tax rules lo, inka emaina exemptions teesukovacha like LIC, Investment, etc..

    • @saikrishnaykiccha1799
      @saikrishnaykiccha1799 ปีที่แล้ว

      Only CCD deduction NPS upto 50k is allowed has deduction under New regime no other deduction allowed from 80 c to 80 u

  • @haripriyapasupuleti5199
    @haripriyapasupuleti5199 2 ปีที่แล้ว +3

    Hi, I have house loan and I also pay PG rent but I am not sure how to get the proof for house loan, can you have you idea on it please?

    • @saikrishnaykiccha1799
      @saikrishnaykiccha1799 ปีที่แล้ว +1

      Ask ur bank they provide your housing loan details, ask your Rent receipt from Tenants made agreement

  • @kirankallikoti5522
    @kirankallikoti5522 2 ปีที่แล้ว +3

    Great information bro. ..I have one doubt present my package is 7lakhs , now I'm pay home mortgage loan 32300. ..so nenu ippudu nenu tax pay cheyala leda koncham chepadi bro please

    • @dayareddyy
      @dayareddyy 2 ปีที่แล้ว +2

      Avasaram ldu bro

  • @althafshaik8612
    @althafshaik8612 3 ปีที่แล้ว +1

    Super work bro

  • @ch9274lknjnjnbhvyg
    @ch9274lknjnjnbhvyg 6 หลายเดือนก่อน

    I have 11.5 lpa ctc have only expenses pg rent petrol bills, reacharge, current bills, which regime I have to choose.please help. Me

  • @pradeeptirukkovalluri852
    @pradeeptirukkovalluri852 3 ปีที่แล้ว +1

    Nice Video Bro!!

  • @AZ-vd4od
    @AZ-vd4od 3 ปีที่แล้ว +2

    Informative video

  • @mrwonders61
    @mrwonders61 ปีที่แล้ว

    Super anna,thanks.

  • @ravikumaryalla8014
    @ravikumaryalla8014 3 ปีที่แล้ว +1

    anna naaku two savings accounts vunnai
    nenu ippudi oka 5 k 1st account nundi 2nd account ki pampa, malli ave 5k 2nd account nundi 1st account ki pampa ala oka 10 times ave 5k naa account nundi naa account ke pampa ala oka rojulo mottam 10 time pampukunna appude aa roju lo amount ki income tax kattala

  • @anushareddy4906
    @anushareddy4906 2 ปีที่แล้ว

    Annayya income tax manam return teskovocha naku 2 months cut indi

  • @ajmmaj2172
    @ajmmaj2172 3 ปีที่แล้ว +2

    Hi 14lPA ki entha tax paduthundi

    • @saikrishnaboosa2303
      @saikrishnaboosa2303 3 ปีที่แล้ว

      Depends upon your tax planning bro
      2.4l with out any exemptions and deductions.

    • @saikrishnaykiccha1799
      @saikrishnaykiccha1799 ปีที่แล้ว

      Normal I will tell
      Upto 2.5lakhs= no tax
      2.5 to 5lakhs= 12500
      5 to 10 lakhs=100000
      Above ,10 lakhs=120000
      Total=232500 ur tax on total income

  • @sundeepnetikar4176
    @sundeepnetikar4176 2 ปีที่แล้ว

    what home loan proof need to be submitted while but submiting income tax proof for home loan

  • @ramprasadt9978
    @ramprasadt9978 2 ปีที่แล้ว

    Hai bro my package 7LPA.I am joining this company 5months completed. Next month ki Naku income tax cut avutundha cheppandi cut avuthe entha cut avutundi

  • @sanginathammahesh7955
    @sanginathammahesh7955 3 ปีที่แล้ว +2

    Exempted Components cheppandii Sir

  • @Manojkumar-ec6zr
    @Manojkumar-ec6zr 3 ปีที่แล้ว +2

    Can we select new regime for the current financial year (21-22) and can we submit proofs by end of the year (HRA) with the help of CA?

    • @SoftwareLyf
      @SoftwareLyf  3 ปีที่แล้ว +1

      Yes. You can.

    • @Manojkumar-ec6zr
      @Manojkumar-ec6zr 3 ปีที่แล้ว

      @@SoftwareLyf Thank you

    • @saikrishnaboosa2303
      @saikrishnaboosa2303 3 ปีที่แล้ว

      No Mr. Manoj u can't claim hra benefit under new regime
      U can in old regime.

    • @saikrishnaykiccha1799
      @saikrishnaykiccha1799 ปีที่แล้ว

      No exemption under New Regime only slabs will reduce your tax that's it

    • @saikrishnaykiccha1799
      @saikrishnaykiccha1799 ปีที่แล้ว

      HRA is not comes under New regime why should you submit no exemption provide under New tax regime

  • @naveenkumar-ht3gl
    @naveenkumar-ht3gl ปีที่แล้ว

    Thank you bro, if tax deducted from jan to mar, then when can i file retruns through CA., This TAx wil l dudct after mar also plz confirm

  • @divyapade4284
    @divyapade4284 2 ปีที่แล้ว +1

    Very useful information 👍 But I have one doubt andi.. Naku 7lpa osthundhi.. nenu oka house plot kondham anukuntunnanu.. dhaniki loan kuda approve avthundhi.. so if I choose to pay 45k per month towards that loan, Nenu ela save cheskovachu tax nunchi? Old regime E better antaraa? Could you explain please?

    • @imandimanikanta3660
      @imandimanikanta3660 2 ปีที่แล้ว

      Plots ki tax exemption vundadhu bro .. home loans ke vuntai

  • @techtransformers7464
    @techtransformers7464 3 ปีที่แล้ว +2

    Bro variable pay ki tax padutunda

  • @kasseydanaraju154
    @kasseydanaraju154 3 ปีที่แล้ว +1

    Brother I receive monthly so MN e

  • @vijaykrishna3688
    @vijaykrishna3688 2 ปีที่แล้ว +1

    Bro education fees kuda exemption unda

  • @venkatakrishnamupparaju2455
    @venkatakrishnamupparaju2455 2 ปีที่แล้ว +1

    Can we submit same proofs to different companies ?

  • @thimmapppagolla7945
    @thimmapppagolla7945 2 ปีที่แล้ว +1

    Thank you bro

  • @abjnvlogs5160
    @abjnvlogs5160 9 หลายเดือนก่อน

    Anna recently I am earning 6.6Lac packag net take home 51.200/-
    Can u pls suggest me income tax deduction naku avutundha...

  • @abdulwahab-rw1yq
    @abdulwahab-rw1yq 2 ปีที่แล้ว +1

    Thanks a lot bro

  • @mohanm1273
    @mohanm1273 ปีที่แล้ว

    Hi bro, ippudu tax declaration chesetappudu HRA ni mentioned cheyakunda submit chesesanu . Proof submission chesetappudu HRA rent proofs provide cheyyocha bro can you please give me suggestion on this case

    • @mohanm1273
      @mohanm1273 ปีที่แล้ว

      Alagey nenu coming month lo emina modify cheyochha HRA ni bro

  • @sekhars7066
    @sekhars7066 2 ปีที่แล้ว +1

    Standard deduction ante enti bro..koncham explain chestara with example

    • @saikrishnaykiccha1799
      @saikrishnaykiccha1799 ปีที่แล้ว

      This is the deduction given to the employee on spending like education, Canteen,Special allowances etc.., except medical, HRA and Travel allowance.

  • @niharikha_pa
    @niharikha_pa 3 ปีที่แล้ว

    Hello sir,9lpa variable pay please suggeste to opt old or new tax declaration.

    • @gvpratap827
      @gvpratap827 3 ปีที่แล้ว

      Ela chesthunnaro naaku chwppandi

  • @adityag1552
    @adityag1552 2 ปีที่แล้ว +2

    Very nice video sir..
    12bb gurinchi kuda cheppandi.. 12bb lo unna values ye month lo deduct or increment avtayi?

  • @Pandimoori_krish
    @Pandimoori_krish 2 ปีที่แล้ว

    tell ne tools and sites for 9lpa

  • @Sidzz19
    @Sidzz19 ปีที่แล้ว

    If we have personal loan can we submit that also

  • @narsinaakhil4380
    @narsinaakhil4380 2 ปีที่แล้ว

    Hi bro Is it need to submit HRA proof if amount is less than 1 lakh

  • @jagadeeshjayarma
    @jagadeeshjayarma 3 ปีที่แล้ว +1

    Hi Anna,
    In My TDS, if I choose old regime it shows 75k as the Tax and If I choose new Regime it shows 65k as the tax.... Is it ok to choose new Regime ???? and will there be any proofs to be submitted later ?.............. pls reply anna

    • @SoftwareLyf
      @SoftwareLyf  3 ปีที่แล้ว +1

      No proofs need to be submitted for New regime

    • @jagadeeshjayarma
      @jagadeeshjayarma 3 ปีที่แล้ว

      @@SoftwareLyf thank you so much for quick reply anna............ so I will go with New Regime

  • @chandramouli7231
    @chandramouli7231 2 ปีที่แล้ว +2

    HRA-3 lakh+section 80c (1.5lakh)+nps(50k)+section 80d(50k)+standard deduction(50k)= total 6 lakh so if person has 18laks per anum he still only claim 6 lakhs can tell any solution to save tax

    • @saikrishnaykiccha1799
      @saikrishnaykiccha1799 ปีที่แล้ว

      Who tell this this is wrong?

    • @saikrishnaykiccha1799
      @saikrishnaykiccha1799 ปีที่แล้ว

      HRA is based on certain criteria
      80 D gives only 25khas deduction
      NPS 50 K
      80 C 150k

    • @saikrishnaykiccha1799
      @saikrishnaykiccha1799 ปีที่แล้ว

      Standard deduction 50000, NPS contribution by employer 50000, intt on housing loan 50000, Intt on electric vehicle loan 150000, intt on education loan no limit, 80 G donation no limit, 80 DD medical treatment for depends with disablity 75000, 80TTA 10000,

  • @aswathdp
    @aswathdp 3 ปีที่แล้ว

    is it possible to change the tax regmi in middle of financial year ?

    • @santusantosh4053
      @santusantosh4053 3 ปีที่แล้ว

      This is what I also need .....please let me know if you found some answer

    • @saikrishnaboosa2303
      @saikrishnaboosa2303 3 ปีที่แล้ว

      S at any time before filing ur ITR

    • @santusantosh4053
      @santusantosh4053 3 ปีที่แล้ว +2

      @@saikrishnaboosa2303 Thanks
      But if suppose I got deducted let say 15K in June and still 12K as monthly 2K getting deducted
      Do I need to wait until next financial year to claim this and also to change regime ?

    • @saikrishnaboosa2303
      @saikrishnaboosa2303 3 ปีที่แล้ว

      @@santusantosh4053 S Mr. Santu
      For the income earned in FY 2020-21 u have to file your ITR with in 31.12.2021 so till that time u may choose whichever regime beneficial to you.
      After filing ITR only u will get the refund ( if excess tds made).

  • @bitlasantu853
    @bitlasantu853 3 ปีที่แล้ว +2

    Hi bro, my company deducted TDS from my salary every month(FY 2020-21), but not depositing to income tax. I need to file IT return for AY 2021-22 by December 31 2021, still they haven't paid, I changed my company, what to do? How can I file IT return, should I need to pay tax again, even though my company deducted.

    • @saikrishnaykiccha1799
      @saikrishnaykiccha1799 ปีที่แล้ว

      Yes its mandatory when your company deduct TDS means it's available in your Form 16 Part A. Form 16 helps to know about TDS deposit by your company that should be updated in that form. When your company not deduct TDS.
      First you will check in the incometax portal to know whether the company is paid the TDS to the government by checking 26AS

    • @saikrishnaykiccha1799
      @saikrishnaykiccha1799 ปีที่แล้ว

      Yes you have to file

  • @shivareddy4801
    @shivareddy4801 3 ปีที่แล้ว +2

    Hiii anna,tax computation method lo 2 options vunnay,with exemptions/deductions and without exemptions/deductions,indulo edi select cheskovali

    • @saikrishnaboosa2303
      @saikrishnaboosa2303 3 ปีที่แล้ว

      Old regime : If u made tax planning.
      New regime: if no tax planning

  • @mounika7645
    @mounika7645 2 ปีที่แล้ว +1

    Hi.I declared that I have lic policy and invested in MF during my declaration but,I didn't upload documents for that investments in the month of January while submitting the proofs.And income tax has been deducted from my salary..is there any chance to submit those proofs while filing ITR for 2021 to 2022.Please respond.

    • @mounika7645
      @mounika7645 2 ปีที่แล้ว

      @Software Lyf Please respond

    • @saikrishnaykiccha1799
      @saikrishnaykiccha1799 ปีที่แล้ว

      You are having the proof means file your itr in that shows the amount you invest in mutual funds and lic premium paid under 80 C they will not ask but when they ask you will submit that's it no problem

  • @LakshmiLakshmi-tg2om
    @LakshmiLakshmi-tg2om 3 ปีที่แล้ว

    New tax benefit em untundi andi .. 20 percent cut avthundi antunaru kada.. Dani badhulu old a best kada

    • @saikrishnaykiccha1799
      @saikrishnaykiccha1799 ปีที่แล้ว

      Based on your income and investment and Exemptions u will choose tax regime when u not having any investments and Exemptions definitely you will choose new regime when u have investment and Exemptions definitely u choose Old Regime
      Just I will give u an example and tax brackets of new and old regime
      New Tax Regime
      Upto 2.5 lakh- 0%. 0
      2.5 to 5 lakhs- 5%. 12500
      5lakhs to 7.5 lakhs-10%. 50000
      7.5 lakhs to 10 lakhs-15%. 112500
      10 lakhs to 12.5 lakhs-20%. 200000
      12.5 to 15 lakhs- 25%.312500
      Above 15 lakhs- 30%. 450000
      Old Regime
      Upto 2.5- 0%.0
      2.5 to 5 lakhs-5%. 12500
      5 lakhs to 10 Lakhs-20%. 100000
      Above 10 Lakhs-30%. 300000
      When it's Income is 15 lakhs
      500000×30%= 150000 that's it

  • @divyaar7365
    @divyaar7365 3 ปีที่แล้ว +1

    Is there max. limit for claiming tax,sir? Some body told me it is 1.5 lakh

    • @SoftwareLyf
      @SoftwareLyf  3 ปีที่แล้ว +1

      Yes. It's 1.5L under 80c

    • @saikrishnaboosa2303
      @saikrishnaboosa2303 3 ปีที่แล้ว +1

      Nothing like that sir
      From an individual perspective depending upon ur investments, u can claim massive tax benefits under different sections like
      80C
      80CCC
      80CCD
      80D
      80DD
      80E
      80EE
      80EEA
      80EEB
      80TTA
      80TTB
      80G .........
      This is just a glimpse, there r lot more.

    • @saikrishnaykiccha1799
      @saikrishnaykiccha1799 ปีที่แล้ว

      Yes not only 1.5 lakhs so many deductions are available under sec 80 C to 80 U standard deductions is there upto 50k, HRA Exemption is there, Travel allowance exemption, Entertainment Allowance is there has exemption please go through it based on your contribution u will get benefit

  • @devendardev2792
    @devendardev2792 3 ปีที่แล้ว

    Good information

  • @gangadharrajanala1564
    @gangadharrajanala1564 3 ปีที่แล้ว +2

    Excellent bro 👏👏👏

  • @foodlover097
    @foodlover097 3 ปีที่แล้ว +1

    Personal loan kuda submit cheyochu kada anna.... deduction lo

  • @saivivekravi2780
    @saivivekravi2780 ปีที่แล้ว

    I have a doubt sir if my salary is 8,00000 i should show 8lakhs-5lakhs =3lakhs to show income tax for becoming tax free am i right ? If i am not please explain na

    • @saikrishnaykiccha1799
      @saikrishnaykiccha1799 ปีที่แล้ว

      If ur salary is 800000 means u have to pay entered into tax
      Upto 2.5 lakhs no tax
      2.5 to 5 lakhs is 12500
      5 to 10 lakhs is 100000
      But ur income is 800000 means
      U will calculate ,800000-500000= 300000
      But ur income comes under the slab of ,20%
      Means 300000×20%= 60000
      So u will pay tax upto 72500
      But u have any exemptions and deductions under chapter VI A ur tax is reduced

  • @arvindaru2942
    @arvindaru2942 3 ปีที่แล้ว +1

    Iam paying the homeloan but the loan account and property is with my father's name , can I submit that loan account statement as proof for tax exemption? Please suggest.

    • @saikrishnaykiccha1799
      @saikrishnaykiccha1799 ปีที่แล้ว

      No way the loan is taken by you then u will get benefit under sec 80C other wise no Exemption on housing loan and intt also from 80 EE

  • @shiva-kumar-vakiti
    @shiva-kumar-vakiti 3 ปีที่แล้ว

    Nice video bro. oka query present naku 21LPA salary vastundi every month 36K to 40K amount TD Deduct avuthondi nenu elanti investments cheyaledhu nenu 21lpa ku taggatuga 30% amount pay cheyala?

  • @AWannaBeNomad
    @AWannaBeNomad 3 ปีที่แล้ว +4

    Nenu 6 months back oka company lo work chesa andhulo total duration 2.5 yrs package 2.5lpa kante thakkuva so ippudu akkada deducted tax return file cheskovacha bro

    • @venkataramana6228
      @venkataramana6228 2 ปีที่แล้ว +2

      2.5 lakh pkg ki no tax deduction bro...

    • @santhu087
      @santhu087 2 ปีที่แล้ว

      @@venkataramana6228 sir then what about 5lac please tel me.

    • @krishnasrikanth9328
      @krishnasrikanth9328 2 ปีที่แล้ว +1

      @@santhu087 if you package come to 6 LPA then u will comes under tax until then enjoy

    • @santhu087
      @santhu087 2 ปีที่แล้ว

      @@krishnasrikanth9328 thank you

  • @MovieJackpot
    @MovieJackpot 3 ปีที่แล้ว +2

    Hi bro , one imp question .. suppose i have entered my tax portal with house rent 10k , and health insurance and other in company portal from April to coming year March ..so as you said we have tax declaration at the end of the year..so if we not suppose to submit any documents as mentioned above , will they charge the money as i free from income tax money ? So what should i have to do ?

    • @ranjithkumar2874
      @ranjithkumar2874 2 ปีที่แล้ว

      Yes they will charge you incase if u don't submit proofs at financial year end.

    • @amarnathcb
      @amarnathcb 2 ปีที่แล้ว

      They will recalculate the tax and deduction will be more in Jan-mar salaries

    • @saikrishnaykiccha1799
      @saikrishnaykiccha1799 ปีที่แล้ว

      But when you file your returns you will submit your proof and get tax refunds when they ask you have to submit your proof of documents.

  • @chukkaganesh5214
    @chukkaganesh5214 3 ปีที่แล้ว

    Pf and EPF gurinchi cheppandi

    • @SoftwareLyf
      @SoftwareLyf  3 ปีที่แล้ว

      I already spoke about it in another video

    • @chukkaganesh5214
      @chukkaganesh5214 3 ปีที่แล้ว

      @@SoftwareLyf ok bro I will watch

    • @saikrishnaykiccha1799
      @saikrishnaykiccha1799 ปีที่แล้ว

      PF- Providend Fund, EPF- Employee Providend Fund

  • @abhishekmiryabelli3152
    @abhishekmiryabelli3152 3 ปีที่แล้ว

    Bro my salary is around 4.5 ....but I am investing some amount in share market....akkada profits plus na salary kalipi 7 lakh unna nenu tax pay cheyala...and apdu process enti

    • @financial86
      @financial86 3 ปีที่แล้ว

      Better, to open account with your depend name

    • @saikrishnaboosa2303
      @saikrishnaboosa2303 3 ปีที่แล้ว

      S u have to

    • @saikrishnaykiccha1799
      @saikrishnaykiccha1799 ปีที่แล้ว

      Yes because when you earned income on stock market definitely u will get dividend. So it's comes under income from other sources
      So, you will pay tax and in 80 C you will get exempt upto 1.5 lakhs.

    • @saikrishnaykiccha1799
      @saikrishnaykiccha1799 ปีที่แล้ว

      Nearly u have to pay 32500 I think estimate when ur investment in Stock market is 150000 including EPF,LIC,NSC,PPF, 5 year FD etc.., your income comes with 550000
      Upto 2.5 no
      2.5 to 5= 12500
      5 to 10= 10000
      Total=32500