COMPLETE Tax Planning for Salaried Individuals! | Ankur Warikoo Hindi

[@warikoo]

Check out all these options on PolicyBazaar here: bit.ly/3IMPwhr Check out the notes to this video here: bit.ly/3KFJqAU

[@pratiktiwari9586]

GST

[@MayankVermaaa]

Corporate tax

[@aliabbaskothawala6156]

Please make video on tyke invest

[@SauravKumar-lh6lh]

GST

[@willsonkumar9414]

GST

[@vipulkumar9514]

GST for sure… have learned quite a lot about finance from KZbin this past year. Kudos to content creators like you 😀

[@ravikirank6917]

GST

[@hitanshusharma1927]

Hi, I too want to learn about finance from the youtube. Right now, I just know Ankur's channel. Can you recommend me some other channels as well which I should watch to get a good knowledge of Finance?

[@vipulkumar9514]

@@hitanshusharma1927 you can watch Akshat Shrivastava, CA Rachna Phadke Ranade, Parimal Ade, Yadnya Investment Academy, Asset Yogi and there are others as well. You can follow finshots as well.

[@hitanshusharma1927]

@@vipulkumar9514 Thanks. I didn't know any of them. But now I do. :) Started following all of them.

[@Jessicatorres_768]

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

[@blessingpaul5484]

Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

[@ConnieGriffith-u4z]

This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?

[@Jessicatorres_768]

Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.

[@alicebenard5713]

Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

[@SophiaBint-wj8wn]

I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?

[@apoorvtyagi9868]

I think the answer would be GST because it's on almost all services that we avail and everyone (salaried, non salaried, below poverty line) has to indirectly pay them.

[@anubhavsharma9325]

Ig it's GST coz every one pays it

[@nikhilkashid9292]

I don't know why but you are like that Senior guardian who cares about their young ones. God Bless you Sir. I would be sharing your videos in my network because they are simply so awesome.

[@shaktisomadutt]

I was expecting more on tax saving schemes, like I wanted a comparison between ELSS and market linked policies . I thought you will give more input on PF and voluntary PF, which is also coming under section 80. Again I was hoping you will give input whether we should invest in NPS or not for tax saving. After 1.5 lakh saving, what else we can save ? Can I save in sukanya samridhi if I have a girl child or I will invest somewhere else for her future. I know you are not a fan of buying house, but in case I buy house how much I can save in income tax? There are many things which atleast needed to be touched in this video to explain all about tax planning. It just felt like advertising policy Bazaar. I am a die hard fan of yours. So may be my expectations are high. But I know you will fulfill it soon.

[@superstyle007]

Same here, I actually wanted to know more about NPS, is it worth saving tax through NPS

[@snehaa381]

Consult a CA 😎

[@shaktisomadutt]

@@snehaa381 If consulting CA helps then we shouldn’t be watching Ankur. He is a kind of teacher who can teach anything to anyone. So expecting from ankur.

[@priyankaagarwal6605]

There are videos on NPS and PPF also... Yes u can invest in sukanya samridhi yojna to save tax

[@TheDeathmach]

There is additional deduction if you buy a house by taking a loan. The principle component can be claimed under 80c upto 1.5 lakhs while an additional 2 lakhs can be claimed under section 21 on the interest part.

[@ChristoWilfredblr]

I can't begin to thank you enough Ankur. I'm an ex entrepreneur and I haven't had a steady income (virtually zero) for many years. I just started a new job and I'm very keen on planning and building up a sustainable financial life. These types of videos help so much! My answer to the question at @2:55 is GST.

[@mayeahank0]

3:16 As A CMA aspirant, I can confidently say that Biggest source of income for Government is GST as it is Levied on consumption and each and every person has to bear GST no matter if salaried or not or whatever is your income is..on consumption you have to pay GST. Like last year in December around 1 lakh crores of GST is paid to the government.

[@kgarikapati7]

I have a query, How do we decide the tax slab we fall into? For example: My net taxable income after exemptions (HRA - 40% of basic + Conveyance allowance - ₹19,200) and deductions is ₹5,15,000. Method 1: 1. 0 - ₹2,50,000 - 0% (First ₹2,50,000) 2. ₹2,50,001 - ₹3,00,000 - 5% (₹49,999) = ₹2,499.95 3. ₹3,00,001 - ₹5,00,000 - 5% (₹1,99,999) = ₹9,999.95 4. ₹5,00,001 - ₹10,00,000 - 20%(₹15,002) = ₹3,000.4 Tax to be paid = ₹2,499.95 + ₹9,999.95 + ₹3,000.4 = ₹15,500.3 Total tax after tax rebate of ₹12,500 = ₹15,500.3 - ₹12,500 = ₹3000.3 Method 2: 1. 0 - ₹2,50,000 - 0% (First ₹2,50,000) 2. ₹2,50,001 - ₹3,00,000 - 5% (₹2,65,000) = ₹13,250 Tax to be paid = ₹13,250 Total tax after tax rebate of ₹12,500 = ₹13,250 - ₹12,500 = ₹750 Method 3: (Seems pretty illogical because defies the Rebate of ₹12,500 Under section 87A) As the net taxable income is ₹5,15,000 fall into the slab of ₹5,00,001 - ₹10,00,000 (20%) Tax to be paid = ₹5,15,000 * 20% = ₹1,03,000 Total tax after tax rebate of ₹12,500 = ₹1,03,000 - ₹12,500 = ₹90,500 Which method is correct? I have always been confused between Method 1 & Method 2.

[@joannebonnett5223]

*NOBODY BECOMES MILLIONAIRE OR A BILLIONAIRE'S BY WORKING FOR OTHERS AND DEPENDING ON THEM, GOOD INVESTMENT BRING MILLIONS OF DOLLARS, AND CONSISTENCY BRING BILLIONS, THE MARKET IS ALL ABOUT BITCOIN AT THE MOMENT NOW.,*

[@melissabrockman6397]

O' Yes I'm a living testimony of Sam Justin

[@melissabrockman6397]

Mr Sam Justin has changed my financial status for the best,

[@melissabrockman6397]

Sam Justin is obviously the best,

[@melissabrockman6397]

All thanks to my aunty who introduced him to me.

[@hennykrooshof9751]

I was glad to achieve my success when I read through a post about bitcoin

[@ashishgujral2597]

Being a CA student I already knew all of this but I watched the whole video just to hear ankur sir 😌😁🔥... And yes GST is the biggest source of income for government

[@himanshuchaudhari2577]

Same here😅

[@aarush2183]

Obviously GST is the biggest revenue source for the Govt. because it implies on nearly all goods whereas IT is paid by a less amount of the population. Thanks for the video, especially the market linked investment part, I surely would suggest this plan to my father as it will save a lot of money at maturation.

[@adityagoswami6881]

I made 2 page notes after watching this video , I was so unaware of taxes and use to run away from the tax paradigm .Thank you so much for such explaining in such easy way.💯💯

[@keepGoing612]

I already knew most of these things at the age of 24 and even when i am earning nothing, but i came to know most of these things because of your financial knowledge video so thank you so much sir keep educating us. 🤘

[@yashr.6265]

Why earning nothing? u are 24!!

[@ManeeshSolankiYT]

Focus on earning, that will take care of taxes

[@faizsiddiqui4069]

GST is the major source of Income for govt

[@alffin522]

Now I have completely understood the whole concept of tax after watching this video. Thank you 👍😃

[@TechBirdChannel]

No you didn't

[@chaitanyapandeofficial]

Taxes were very complicated issue. Thanks for your detailed explanation. I'm actually doing a job in an Accounting firm it will definitely help me in mine work. Jai Hind 🙏

[@ArifHussain-uc2zj]

@UCSSq8tlhbV7bC14ceyJSNmQ bilkul sahi bola. Ye 5 min may pura video dekh lea

[@dushyantbhagwani]

Wow the investment guru is sponsoring ulip without taking the name. Icici must be very proud.

[@spidey9303]

The Indian government's main source of income is from Goods and Services Tax (GST) and income tax. Both forms constitute nearly 90% of the government's total tax collection. In 2021-22, GST contributed over 57% to the total tax collection

[@virag8295]

The video was a great clarification on taxation, however one point of concern is: The products you explained on policybazaar are ULIPs, and in budget of 2021 it is declared that the ULIPs will be taxed just like mutual funds if the premiums paid are in excess of 2.5L. Best is to separate term assurance/maturity assurance policies and investments separate. Just wanted to clarify this.

[@maheshmandot7059]

If tax rebate is 1.5 lakh in ELSS why will one pay premium more than 2.5 lakhs in a year?

[@maheshmandot7059]

Can you explain more on ulips if they provide 13% return and then I don't need to pay any taxes when I redeem if I invest less than 1.5 lakh each year? Also what is locking period in ulips?

[@itsHarshSharma]

100% Sure About GST.

[@smarty_noob1800]

Humans are born and will die some day but not all fully utilises the already defined time period in between effectively. And some people like yourself have made the most out of it and even bring hope to this world of power dynamics that progress and responsible free will can win in the end for those who seek. Ankur you are one of the shining stars of the modern world. Thank you.

[@kaustubh_deotighare]

Ankur sir i stopped at 3:44 and i think GST is the largest taxable income of Government because it implies on all goods by the way i love your personal finance videos keep making and motivating us for investing thank you 😊😊😊 💖💖💖

[@meghasaluja5303]

GST looks like a major revenue for govt because it applies on almost all goods (commodities) and services as well. Though, Income and corporate tax is also huge -but people still have options to save a bit on it and it applies on employed mass only. So GST( or earlier VAT+ service tax ) should be major revenue.

[@VishalSharma-ui8og]

Option 3: GST As Income Tax payable on Net Value,whereas GST is levied on Gross Amount, payment made by Big Company now automatically reflect to their Common Portal,also if Person does Fraud then their is Imprisonment not any Fines or Fees.

[@vikramnayak]

The Highest Revenue source for the Govt. is GST..!! Income Tax used to be the highest source, but now it's GST.

[@irenealex7451]

Thank you for making these things easy for us to understand. Usually, these are Greek & Latin for me but at least now I can begin to understand. Grateful for your videos! :) :)

[@helgapataki2282]

There are platform where you can invest and they trade your money. Then pay you profit either weekly or monthly. That's investing.

[@francisnickerson4539]

Amazing!!!...I also started trading with Mr Hatzakis',He's the best at what He does. With an initial investment of $1400 Canadian I made up to $5230 profit in just a week of trading with him,his strategies are mind blowing

[@francisnickerson4539]

🙂†❶❹❹➖❽❹❹❹➖❺❷❺❼▆ ▇ ▆ ▇ █

[@francisnickerson4539]

@Mr Bud His availability is on wats....ap👆🏻👆🏻

[@godwinalbert789]

Take it from one who has it and buy a house in Missouri and dream Wrangler with forex trade profits. I started with Mr Steven J Hatzakis of financial education and he has been my handler and guider for the past years

[@godwinalbert789]

@sandrapaul Believe me he's the best when it comes to Cryptocurrency trading, your profit is assured.

[@subhampatro3342]

Would have been great if PPF, EPF, ELSS, NPS, etc. were also covered in the video. But maybe PolicyBazaar's endorsement was more important.

[@anandjesypureddy183]

Covered in different videos

[@sandeepm2914]

Thug life

[@abhishekgarg0304]

Sir, considering the population of our country, I have a feeling that GST should be the biggest source of revenue for the government . Regards Abhishek

[@arpitpandey777]

GST>Income Tax>Corporate Tax GST - Everyone have to pays GST while buying goods and services. Income tax - is paid basis the income of a person. Corporate Tax - is paid basis the profit not Income.

[@prajwalshetye9034]

Probably GST could be the right answer since it's applicable on most of the goods and services. Also, not many people fall under a high tax bracket and those who do fall in the tax bracket usually find legal means to not pay the same with help of CA, so Income Tax couldn't be the answer, and corporates always try to reduce they taxes by simply showing all the expenses as company's expense and by other means like investments hence Corporate Tax isn't the right one.

[@gfwsghsg]

Gst

[@shubhrathore3383]

GST is the right answer as it is the tax which is paid in a comparatively larger number . BTW thank you sir for all the valuable information that you provide us on all the topics related to finance, I am a 16yr old student who is seeking a lot of knowlegde from you and will be going to start my investing journey soon in the upcoming months. I am extremely happy that I discovered your channel this year . Finally I ensure you that i wont be investing in FDs :)

[@theacclaimed7713]

GST is their biggest revenue, i got literally no idea, learning about taxes for the first time. Still in my schooling and I'm learning a lot from your videos. Tysm for making KZbin experience so much more better!!

[@shubhamsudra8057]

I was first confused between Corporate Taxes and GST but then I answered GST because it comes under Indirect Taxes and it is applicable to nearly everything we purchase so GST would easily be the best source of income for the government.

[@shebinrocks1]

The answer is GST, since almost every product has GST attached to it and everyone has to pay for it, be it a salaried person or a school student.

[@BharathJain21]

GST is the right answer because that's indirect and no one has control on it. So every person is obligated to pay it in a way.

[@sujeetchhabra545]

Sir g.. I'm a big fan of you. But this video was a little disappointment for me for below mentioned reasons/uncovered options: 1. Insurance plans like ULIP have higher allocation charges & it's purely because of the current market bull Run that the returns are looking very attractive. On a personal front I prefer to keep my insurance and investment seperate & it's Only when I opt for 10 times cover in my insurance premium I get the benefit of 10(10)d. 2. Interest part on home loan also gives a seperate deduction apart from 80C 3. Political party donations is one aspect where you can save a lot...

[@ujjwaljain5511]

GST - because at the end of the goods and services se hi company earn krti or individual bhii . Thats why TAX on goods and services will be Highest contributor of Government Taxation Collection.

[@abhaykumarjain3027]

GST will be having the highest percentage considering the combination of market size and degree of tax percentage

[@chulbulekisse1502]

Could you please create a video on how to file ITR, starting from very basic.

[@vikrammaruthapandi3937]

U have opened the mind

[@TheAarushi1]

I think GST is the largest source of income for the govt, followed by Corporate Tax and the least is Income tax.

[@mahimaganguly603]

I was not aware of your channel until I bought your book "Do Epic Shit" while a train journey. Without knowing You I bought the book (seeing the overall content), loved the book, learnt and then started following your social media platform

[@pulkitagarwal3080]

1. It is highly likely that the for an individual earning, say, inr 10 lakhs in salary, his company has already deposited some amount in EPF, ESI, etc. Also, most individuals like to have their life covered with a life insurance scheme. After all this, not much room is left for tax saving investments, given the limit of 1.5 lakhs. 2. It would have been great for you to mention NPS, as it is also market linked and allows an additional deduction of Rs 50000 us 80CCD. 3. Interest on SB A/c is not taxed effectively as it is deductible us 80TTA. 4. I don't think it's accurate to refer income tax, capital gains tax and corporate taxes separately. 5. Please stop refering to sections 80C, 80D, etc as section 80 deductions. At best, you could call it 80 series deduction, or chapter VI-A.

[@satyanarayanagrawal9511]

The biggest income source for the government is indirect taxes so my answer would be GST.

[@PiyushDubey-g6c]

I ruled out income tax since it comes from a small fraction of the entire indian population. I'm a bit confused between GST and Corporate taxes. Correct me if I'm wrong but I'm guessing Corporate taxes are more beneficial for the State Govt. So I'd choose GST as the primary source of income for the Indian Government. PS: I'm commenting 2 years after this video is posted. Still rooting for the goodie 😛

[@shobhanbiswas]

After watching this video took a Tata AIA ULIP plan. Now I'm terminating that after knowing ULIP is bullshit and never mix you insurance and investment. 30K loss.

[@sansibaisla5459]

I work in a public bank, after giving taxes😂 finally i got to know how to save my own money by your video

[@princekhatri88]

CORPORATECORPORATE

[@sangramshinde27]

GST is the answers....from past few months GST collection is reaching its peak month on month.

[@vivekshukla8239]

For sure it will be GST sir. The GST collection is also one of the important macro economic factor.

[@sangramgaikwad25]

GST : Goods and Service Tax . Since it's applicable on the most of purchases. (28٪)

[@yashbharambay5918]

GST as India is one of the largest consumer market

[@mamtasin5554]

For the 1st time, i understood it so well... thank you sir 😀😀

[@barathpa]

caution: this is a more of a guess based on my little knowledge and not me fact spitting about the guess between 3. corp, GST and IT, in that order. corporate taxes are massive and really heavy which explains why many multi national companies are not in india, GST since everyone pays it but less than corporate taxes cuz of the percentage difference and GST involves more smaller amounts while corporate taxing is big chunks, IT last since as far as I know only 100M out of 1.3B Indians pay it.

[@SantoshKumar-yz3oy]

Hello Ankur Ji, I think GST is the answer which you asked in between the video.Thanks :)

[@mohammadasif6632]

Gst is the right answer sir .. Wow.. I wonder that we can save alot by investing in market -linked schemes .. Great learning from a great teacher 🥰🥰🥰

[@maheshmandot7059]

So return on ELSS are completely tax free? or only return on these market linked Mutual funds are free?

[@amritaultimate]

GST i think ... ankur sir i am replying after finishing the 16:49 min of the video honestly telling u because I think this video will benefit a lot of PPL ... Due to my parents i learnt tax calculation at the beginning of my career but just like u said a lot of my friends and juniors they were never enlightened about the benefits of tax saving and at the end of the year it used to pain me when I helped them how to file Their returns that they never saved anything under 80C or 80D ..many times PPL give excuses but we can at least have a target to save 10k from the time we r comfortable with our salary so that it will help us in long term. When i started my job FD used to give 10%return but I didn't have much money to fix So i concentrated on ppf at that time now we have so many options to save our taxes like nps, sip , ppf, premiums etc medical insurance premium

[@dhruvmanchanda1265]

I don’t think Income tax will be even close to GST as a lot of Indians don’t pay Income tax, plus GST is levied on all products and services so that’s why I am eliminating Corporate Tax as well. Final Answer- GST

[@DeepankarSarkar_s]

GST. Gov has confirmed that they have collected the best in years of indirect tax through GST in the budget 22

[@AJAYSINGH-nv5wz]

It's GST as it is like compounding effect which makes up a large amount even though we don't realise it in real life

[@vandanavijayaraghavan2559]

GST must be the major revenue source for the govt as it is paid by almost the whole of the general population as and when they consume goods. Corporate and Income tax on the other hand are also huge revenue sources but since the population percentage that fall into this category is far less may not be as significant as the total revenue earned via GST. The best analogy of the amount collected from GST that comes to mind is that 'Little droplets of water make a mighty ocean'

[@surajchowdhury1927]

Correct answer is GST.

[@vettechnical]

havent told that capital gain is again subjected to personal tax rates..still needs a part 2

[@rishabhsaxena9357]

I think GST sabse bada component h of government's income because GST is levied in almost every product/service which should be a huge number given our huge imports, exports and GDP

[@parasgidd7830]

Hi Sir, as always great video Thank you so much. Just one request/suggestion - if possible could you remove that popup sound from videos when cards or titles show up on video. That beep kind of sound distracts attention from content. If many like this format then it's fine. I just thought to give my view. Thanks

[@vijaymalviya23]

Will I have to pay tax to the Indian government or to Thailand government If I am working in Thailand ?

[@sahilkamboj747]

I will opt for GST as the largest source of revenue for GOI.

[@Chandrakant.12]

STCG pe kitten profits per ITR file karna necessary hota hai ?

[@sujanpurkayastha767]

I ❤ the way YOU explain

[@anaikamishra]

It should be GST, considering how our economy is service driven

[@swashbuckleraman]

I'm great full for earning knowledge day by day also hopefull for applying this asap

[@drivenbycuriosity]

Start here 4:18

[@umangu2466]

The answer should be GST. Fortunately, Just few days back I was discussing this with my friend so Please don't consider this as cheating 😄

[@vedantashetty3907]

Can you make a video on new budget 2022 and guide us more about crypto over it and should we continue it or is it the end of crypto ( love your video ♥️)

[@UnfilteredTwinsX]

Based on my knowledge the answer is 3, 2, & 1

[@user-bq3jy6gp1o]

Feedback appreciated🤝🏽 kindly reach out to the what’sapp line above for consultation and investment purposes..

[@gurjeetkaur7874]

Ans:- GST

[@sumitnandwal2878]

@warikoo Very nice video Ankur, really helpful

[@user-bq3jy6gp1o]

Feedback appreciated🤝🏽 kindly reach out to the what’sapp line above for consultation and investment purposes.

[@garimabaweja]

GST is the correct answer, I was just reading about it like an hour ago..Damn, why didn't I watch this video sooner but then again I won't have known the answer🤭🤭

[@yashlachhwani9496]

Income tax is the answer

[@aabhasg]

Answer is GST around 40-50 %

[@Oneread4]

out of ~38 L crore of Union Budget 2022-23. 16% Contribute GST 15% Income tax 15% Corporate tax I want those books ☺️

[@saiganesh3629]

As someone said this video stopped before even boiling started. Lot of questions ELSS vs Market linked and many shouldve been covered

[@fit_companion]

Saw this now , GST is the answer ofcourse because it given by every single person in the society.

[@aryankumargupta9286]

My answer is GST.

[@TheGamer720x]

GST has to be the highest income source. Then corporate and then income tax. I'm sure Vat on alcohol, fuel, and import duties also play a major part in revenue to govt.

[@Souravkumaarnamdal]

GST is the tax by which our government earn most of the money

[@BlueSquareInfra]

Very a very informative video. this man always comes up with a great topic. ❤❤❤❤

[@sumitnandwal2878]

@Warikoo GST is the biggest source of income for Government

[@munirashaikh7956]

Gst - hightest source of income for the govt

[@prashantmodi21]

It is GST just because everyone pays indirect taxes but this is not in the case of direct taxes

[@safrajurrahman9953]

GST for sure sir..... Thank you so much for such amazing informative videos :)

[@mdnoorain6202]

GST is the largest source for government other than tax from fuels. It's logical because irrespective of income everyone of us pay gst in form or other.

[@financialquotient7702]

Sir LTCG on stock per share hota hai ya overall.. matlab 3 stock mein nivesh kya 3no pe 1 lakh each profit hai to kya ye 1 lakh pe 0% benefit sirf ek hi stock pe milegi ya 3no company pe.

[@vinnu39999]

its just promotion video of policy bazar .

[@humairahmujawar]

thank you very much Sir for giving this detailed information!

[@Suri_Aqua]

My question about tax on capital gain when selling stocks from demat account that how taxation work for STCG and LTCG ??? Selling stocks within demat account make it taxable or when you book profit in my bank account makes it taxable. ? Answer it Ankur.. please..😊

[@dev_ansh_07]

GST is the answer. I am still giving GST but I don't come under tax slab. So technically GST is the most collectable tax.

[@Sumilon_Nanda]

I know it's GST as it was the main topic of any national debate when the government first implemented the GST!

[@vishalverma116]

GST is the biggest source of government's incom.