Watched multiple videos on this subject but your comparison and explanation is very simple and easy to understand. One question which seems confusing. What about employer contributions to PF in the new tax regime ? Is it covered ?
The employer contributions to EPF will continue to be tax-free in the new tax regime (current and revised in budget 2023), provided such contributions are less than or equal to Rs. 7.5 lakhs in a financial year. This limit also applies to NPS and superannuation schemes.
very good video. I have a doubt. 17(2) ka component gross me add hota hai vo complete exempt hai kya. like accodomation, meal voucher, medical, Please reply.
Gross income from salary without standard deduction 7 lacs bnegi ..Isme fd interest aur savings interest(around 25k) b add hoga? Nps employer contribution 36k-37k hoga.. New tax regime m tax lgega? Kindly guide
Dear sir kya aap bata sakte hain ki monthly pension 30000&monthly scss&fd intrest 28000 total monthly income 58000&yearly 696000 then kya tax lage ga ki nahi
Koi bata sakta hai ki ye jo budget aaya hai abhi 2023 mein Jisme tax 7lakh tak nil kr dia gaya hai 🥲 Isko kabse file kr payenge Matlb may 2023 me iska benefit utha payenge yaa 2024 mein?
is confusion ke liye pichal video dekhe mera.. - wo benefit hai 52500 1550000/- KI Income pe.. news vale galat dikha rhe hai. ye sb points official budget speech se covered and verified hai
Sir, is Sodexo meal card monthly amount still tax exempted in New Regime (after budget) for FY 2023-24? If not can I get rid of it & take it directly in salary?
Hello @MyOnlineCA I have a doubt regarding tax exemption on home loan for letout property under new tax regime. Actually In my company they are telling that we can get the income tax exemption only on the income generated from the letout property for upto 2 lakh But in your video you are telling that we can get the income tax exemption on the interest payable for home loan which we have taken for that letout property. Could you please clarify on this issue so that I can choose between OLD or NEW tax regime depending on the tax benefits which I get. Thanks in advance :)
Hello sir, Actually in form 16 employer only considerd one month LIC premium amount but I need to 6 more month LIC premium while filling itr but not sure under which section need to add the extra spent amount. So sir it will be helpful if u reply to my msg
Sir, reg form 15G how much is the basic exemption limit for the fy 23-24 as im confused between old and new tax regime exemption limits of 2.5 and 3L respectively. Pls help to clarify
It doesn't specify either tax regime. If your income is not falling within taxable limit(following old or new), you can give 15H and bank/P.O.will not cut TDS. So don't get confused for 3L/2.5L , main issue is your income 0:02 should be out of taxable limit doesn't matter which regime is followed.
Nice Explanation. I think NPS own contribution should be Sec 80CCD (1B) instead of 80CCD (2B).
Right 👍🏻
Yes you are right 👍
Watched multiple videos on this subject but your comparison and explanation is very simple and easy to understand. One question which seems confusing. What about employer contributions to PF in the new tax regime ? Is it covered ?
80c is not allowed
NO
The employer contributions to EPF will continue to be tax-free in the new tax regime (current and revised in budget 2023), provided such contributions are less than or equal to Rs. 7.5 lakhs in a financial year. This limit also applies to NPS and superannuation schemes.
Explained everything so simply in such less time hats off to you 🎩👏👌🙏
Whether 10(26) is available under the new scheme?
leave encashment on full and final sattelement not elagable ?
VPF contribution can be claimed in new tax regime deduction?
Very nice video sir. All doubts removed.
Very good explanation ❤❤
You haven't added leave encashment after retirement/resignation 10a(aa). Can we exempt it in new tax regime before budget
Yes it is there in the drop down 10AA section for new tax regime
What about food coupon exempts? Is it available in new tax regime?
It's not available..
Very nice explanation sir thank you very much❤
10E Relief [89](1) Arrears calculation benefit available in new tax regime????
Does Employer contribution towards epf taxable or exempted in new tax regime?
ITR 3 and ITR 2 filling ka video banaye opting new tax regime for salaried income and income from share market
V.nice information
❤❤❤But missed one most important thing❤❤❤
Can we claim deduction under section 89(1) filing form 10E if we get arrears
does govt get to know if there's a let-out property rental income if we provide deductions under interest for home loan?
Gud Explain With Valuable Knowledge...Its Great...
Is Relief u/s 89(1) available for AY 2024-25 in New Tax Regime?
defence disability pension is exempted in new ststem or not
new tax regime ke liye section 89 by forgation availability hai kya
Sec 89 ki relief (Arrear) new tax regime m milegi ya nahi?
Can I claim both employer contribution of NPS + EPF under new regime as sealing is 7.5 lacs?
YES
Nice video Sir, may I know is disability pension exempted in New tax regime
Sir, new tax regime mein ppf ke interest par tax dena hoga?? Please answer me
Handicapped ko kya rebate milega new tax regime me
Sir, Standard Deduction is blocked under new tax regime. The site does not allow it.
Yes ,
Any one explain please how to get standard deduction of 50K
Sr plz batayen new tax regime me 10 E se tds vaapasi ka option rahega ya nahi??
What ration money direction or rivet?
10E is applicable in New. Tax regime please bataye
How much is admissible tax exemption under 80CCD(2)
Is 80u allow for claiming deduction in new tax regime?
80ccd2 state government salary person ko milega total taxable income
me se?
10(10d) is applicable for new tax regime?
Is there any tax deduction in VPF for new regime
Very good simple explanation
Is Medical reimbursement upto 15k allowed in new tax regime
In new tax regime does standard deduction is their for below 15lpA income
Thank You Sir.
Sir iam govt employee. Plz tell me do convence allowance include traveling allowance which i got every month. Plz specify.
Sir HRA exemption CLAIM lana bhul Gaye hai Ay 22-23 ka
Aab revice return file kar ke uske file kr sakte hai kyaa to TDS ka refund ajaye wapas
What about sodexo meal card under new and old tax regime ?
Sir new tax me handicap conveyance allounce per deduction milega
very good video.
I have a doubt. 17(2) ka component gross me add hota hai vo complete exempt hai kya. like accodomation, meal voucher, medical,
Please reply.
Gross income from salary without standard deduction 7 lacs bnegi ..Isme fd interest aur savings interest(around 25k) b add hoga? Nps employer contribution 36k-37k hoga..
New tax regime m tax lgega?
Kindly guide
Thanks
kya new regim me u/s 89 ka laabh le sakte hai ?
Thanks bhai 🙏
Medical Reimburshment new regime mai hoga ya nahi before budget
A English version or foot note will be ideal to follow for those who do not follow or understand Hindi
New regime me donation ka deduction hai ki nahi
Sir, new regime me income from house property per rebate kitna available (without loan) guide me, thanks
Thanks.
Dear sir kya aap bata sakte hain ki monthly pension 30000&monthly scss&fd intrest 28000 total monthly income 58000&yearly 696000 then kya tax lage ga ki nahi
80CCD NPS mai max kitna Deduction bata sakte hai ?
क्या इस साल new स्लैब भरते है तो क्या नेक्स्ट ईयर में ओल्ड में जा पाएंगे।
Koi bata sakta hai ki ye jo budget aaya hai abhi 2023 mein
Jisme tax 7lakh tak nil kr dia gaya hai 🥲
Isko kabse file kr payenge
Matlb may 2023 me iska benefit utha payenge yaa 2024 mein?
Salary 7.35 lakhs in23 24 fy me new tax regime me tax nil hoga kya
Sir ji new tax regime me 80 U ka deduction milega ya nahi...??
Best explanations
Plz cover 80DD and 80DDB
Please explain perquisites for official purpose
Standard deduction above 15 lakhs salary will be 52,500.....?
does 80u deduction is allowed in new tax regime 2022-23 ay 2023-24
Sir very nice explanation, one request i want the excel sheet which you had explained
Sir meri taxable income 694000 hai phir bhi 4030 tax show ho Raha hai jabki mene new tax regime select Kiya hai
Hi par news me standard deduction 50000 sirf 15.5 lakh income ke above ko applicable hai aise Diya hai in new regime..?
is confusion ke liye pichal video dekhe mera.. - wo benefit hai 52500 1550000/- KI Income pe.. news vale galat dikha rhe hai. ye sb points official budget speech se covered and verified hai
@@myonlineca ok thanks one more question..is employer pf deduction available in new tax regime
@@kumarj223 no brother EPF is not allowed. as its covered under 80c
@@myonlineca hi ..employee pf is covered u/s 80c which is not allowed..but employer pf deduction is i m not sure where allowed or not
1550000 is 50 k and 1550001 is 52500 under New tax regime
Is 80u deduction allowed in new tax regime?
What's about 80 GG how to calculate that? Explain
Sir, is Sodexo meal card monthly amount still tax exempted in New Regime (after budget) for FY 2023-24?
If not can I get rid of it & take it directly in salary?
Did you get your answer?
Hello @MyOnlineCA
I have a doubt regarding tax exemption on home loan for letout property under new tax regime.
Actually In my company they are telling that we can get the income tax exemption only on the income generated from the letout property for upto 2 lakh
But in your video you are telling that we can get the income tax exemption on the interest payable for home loan which we have taken for that letout property.
Could you please clarify on this issue so that I can choose between OLD or NEW tax regime depending on the tax benefits which I get.
Thanks in advance :)
Sodexo applicable he kya new regime me ?
no
Bhaiji, 80U for person with self disability, is covered in new tax regime after budjet
Please clarify where is it mentioned
What about 80ccd(1b) ?
Credit card ke liye nill file mai kitne lakh ka ITR bhare?
Hello sir,
Actually in form 16 employer only considerd one month LIC premium amount but I need to 6 more month LIC premium while filling itr but not sure under which section need to add the extra spent amount. So sir it will be helpful if u reply to my msg
Can conveyance allowance and standard deduction of rupees 50000 both can be taken together?
Have you got the answer of your question? If yes please share
Yes if ur phisically desable person
05:05 sir I guess it's sec 80 CCD(1B) not 2B
yes its 1B.. Thanks for Noticing.
Yeah
Sir salary class person ke liye ya individual person ke liye...
dono covered hai.. bs ITR-4 aur ITR-3 Filed karoge to usme kuch terms and condition hogi..
80ccd(2b) in new regime seems wrong in your video
क्या नई कर व्यवस्था में दिव्यांगों को छूट की व्यवस्था नही है?
sir, pl share this excel sheet
Sir, reg form 15G how much is the basic exemption limit for the fy 23-24 as im confused between old and new tax regime exemption limits of 2.5 and 3L respectively. Pls help to clarify
It doesn't specify either tax regime. If your income is not falling within taxable limit(following old or new), you can give 15H and bank/P.O.will not cut TDS. So don't get confused for 3L/2.5L , main issue is your income 0:02 should be out of taxable limit doesn't matter which regime is followed.
Bhai AY 23-24 ke liye new tax regime me standard deduction 50K, nahi mil raha hai.... Kyu galat batate ho
I want to talk with u on pn with some queries..
what about 57 ??
क्या नई टैक्स रेजीम में 80 टीटी ए की छूट मिलेगी
Kichh esi vidio banaya karo bhai jo samajha jasake
Every one making comparison in old and new...pls..give separate video
What about 80U? Is that deduction still available in new tax regime after this budget?. Please clarify
No deduction avaiable like 80c to 80u in new tax regime.
सर ये कब से लागू होगा...अगले साल से क्या?
10 10D ka benefits milega under new tax regime
🙏🙏🙏
3:00 home loan interest
Old is gold
Professional tax is ₹2500 and not 1400
In madhya Pradesh it's 2500
Old and new ..alg alg..video...pls...do bar me smajh aa jayega...nhi to100 bar me bhi nhi...Sab hotch. .potch ho jata hai
..
To Sala hum new tax regime choose kyun kre...old hi accha Hai na...saapa naye me koi exemptions mil hi nhi rhe 😢
I paid no calculator sent
Apka pic in screen disturbing...so leaving your channel.
New Tax me kuchch mil hi nahi raha😂😂