Financial Literacy for Resident Doctors - An introduction to why its important to save Income Tax.

[@shubhampatel7598]

Financial literacy is very important for Doctors. They spend their whole youth learning and hence they should focus on retiring as early as possible, so as to have some enjoyment in life before leaving this world

[@drashutoshh]

No doctor will retire as early as possible. Success comes late what is dumb point of retiring early for doctors

[@Elninojunior]

@@drashutoshh what if there’s premature death? I find the late success of doctors very disheartening

[@dr.ruthsheeba3087]

One of d most honest n practical videos I've ever seen on KZbin..U really deserve 100k subscribers Sir... Congratulations...👏🎉😊

[@uma.mur06]

This knowledge was really helpful sir. We'd definitely like to know more! Not many channels talk outside the box I.e how to study what to study etc. Your channel covers many more topics apart from just studies and I appreciate that!😃

[@suriyaraj5216]

You are from the few youtubers who talks about financial literacy for medicos.. Keep it up✌️

[@aritrachatterjee9090]

A great man, a great doctor and a great video. Awesome channel with awesome honest content. So happy to be a part of he journey from 1k to 100k subscriber milestone

[@amrambbs8735]

Congratulations for 100k Subscribers. I genuinely want to see you growing in each and every field. I just started my MBBS journey. And literally your advices are just awesome.

[@biharijanwa7866]

The salary we got from college is called stipend and by court's order it is a form of scholarship which is exempted income from tax and you can clam it under section 10(16) of income tax.

[@fanstargaming6350]

Thanks sir surely we want more videos on such topics for medicos

[@shebinshibu3413]

Very very good video... It is so true that a medico's financial literacy is close to nil and with few steps we can save all that! Great initiative👏👏

[@praachi5956]

Congratulations Doc for 100k subscribers !! Thank you for always motivating and guiding all of us!!May u reach 1M really super soon !!!

[@krishnapriyasamaleti886]

Really sir It's only because of you my brain is releasing dopamine in finance subject . Awaiting for more videos on such topics .

[@amsa2462]

Congratulations on 100k subscribers! Your videos are crisp, to the point and very informative. Thank you for taking the time to educate us!

[@ganesunisidharth8908]

Nice videos dr. Aditya, no one talks about financial literacy in medical school and it's a great thing you are doing this thing, it is helping me as I have joined residency very recently

[@drashutoshh]

No one talks about financial literacy anywhere in any undergraduate degree

[@tinyGrowth8678]

Yes,, this series must help for medical students 👏 🙌 🙏 👍 😀 😉 👏

[@raghunathdash6490]

1lakh completed. Congratulations sir 💐

[@ria.m.s2923]

Thank you dr. aditya for increasing our knowledge about financial thing.

[@Dr.Darshan.L.J]

This is very much needed side of literary for Medicos ❤️

[@aaryathakur3712]

Congratulations for 100k "Doctor Bhaiya" 😄🥳💐🎊

[@anmolbhambhani]

Aditya Sir please do enlighten upon medical indemnity insurance and scheme too... Like few years down the line if we have a practice and somebody sues us for compensation in a legal matter or some complication we may encounter as a surgeon or anywhere for that matter in our practice..... How to tackle that and save money for that in insurance

[@priyanshupathak5202]

Great Financial + Academic tutor 🙏🙏🙏.

[@bhaswati0206]

Congratulations Dr Aditya for the Silver Play Button

[@sudiptabandyopadhyay6754]

Congratulations on 100k!

[@shivangitiwari1812]

Great 👍 sir...kindly continue this series

[@Dr.AnuragNayak]

Eagerly waiting for your talks with one of your CA friends and your lovely mom! 💕Please keep educating students like me, your role as a mentor for me is unimaginable💜

[@flyingmedico7730]

A very nice content u have brought for us... Thanku Sir...

[@aniruddhachavan9895]

Sir we really need more such a videos on this!! Financial managing for residents!!

[@bhartigoel2348]

Thank you so much sir for making this video. Although I am not a resident , still a final year student 😂🙈 but this video was superb and really informative 🙏🙏

[@mr.nobitanobi0000]

Your age ? If you can

[@bhartigoel2348]

@@mr.nobitanobi0000 23

[@iqbal-oh5qx]

The video I was searching for so long. Thank you so much💰💰💰

[@consistenthuman834]

It's 100K sir. Congratulations Sir.

[@DrVarinderpalSingh]

1. Layman level = jyada dimag ni khrab krna/easy ways to manage money = NCERT of finance = Ankur Warikoo. 2. Beginner level best learning = Pranjal 3. In depth of FINANCE = in depth of methods = Akshat and Rachana (Akshat content is probably the most unique) 4. Finance + Tax Knowledge+ other awareness = LLA

[@biswarupsharma3738]

pin kardo bhaiya iss msg ko

[@epict.v1019]

Aditya Sir!!! U Hit 100K SUBS!!! Congrats!

[@amit_muses]

10 lakh ke uppar 30% tax hai 😅😅. I have joined as a data-scientist in a fortune 1 company, being a fresher it seems a lot of money going into tax.

[@sunnybhaskar9199]

If you have no deductions , pay by new tax slab rate.

[@ashishbadchamp]

Bro You can save almost all of your money just consult a good CA.When I had around the same package I was paying almost no tax , invest in 80C , NPS and other options atleast.

[@Elninojunior]

@@ashishbadchampCA will take huge amount of money

[@ashishbadchamp]

@@Elninojunior I used to think that as well , but now hardly pay 2.5k for tax advisory and 1k for ITR(2.5 for those who pay for ITR alone) , I believe it pays for itself

[@prem6656]

Congrats on 1 lakh subs Doctor ❤️✌️

[@aakashkamat2658]

Dr. Aditya sir, please make a video on the 2nd year books and resources that you have used.

[@souravkumaragarwal]

Congratulations sir from 1k to 100k fanstastic journey.

[@dr.aromakalra92]

Have been following Pranjal Kamra 🔥 His book investonomy is also good. Have swept through it swiftly. I kind of like the market.

[@dr.aromakalra92]

@@akshaybaser5494 Why stop following him? I can listen to/read all. I have been following a lot of investors named Sanjay Bhasin, Sanjay, Satpute,Asit, Chandan, Rachna, etc. It's good to see their insights and ponder. Other than that experiences of CEOs also are intriguing. I will go through this person as well.

[@agam2743]

Sir ! crossed 100k milestone ...... Congratulations...🤞🏻🎉

[@prabdeepsinghMBBS]

😂😂😂😂😂Bhai aap toh bade heavy driver nikle Thanks a lot to share this bro After Completing my MBBS, I'll keep this in mind 😁 Actually, as per the Hukam of Guru Gobind Singh Ji, a Sikh has to give 10% of his income (called Dasvand) for the service of Humanity, so with Guru's Kirpa, i have to do that as it's the command of Almighty only. (It's so great that Waheguru Is just asking of 1 portion out of 10 and that too for His children only as all beings are his children only, U may call him Waheguru Allah Khuda Bhagwan Rabb, etc. It's ONE ONLY) anyways, now I'll definitely apply this & Will contribute to Dasvand 😇😇 Bass Govt. Aur zyada besharam na ho jaye, aage hi bohat loot rahe ha desh ko & logo ko, Ache din nhi, Hadd bakwas din aye ha🤷‍♂️ Khaer, Waheguru may bless all EDIT:- BHAI YE DEDICATION KA NHI SAMAJ AAYA, DOES IT MEAN KI VO MILEGA HI NHI??? YA IS IT INVESTMENT?? ALSO, AIIMS JR GETS ABOUT 90K, SO WHAT'S THE TAX % FOR THAT?? PLZ THROW SOME LIGHT ON THIS 😇

[@nagarjunashok6951]

Very informative and insightful, please make more of such videos!

[@kanishqtasare1093]

Sir i have already start investing in stock market and mutual funds, i have learned about stock market and finance during my free time in neet councelling period.

[@drnaazneenmohammed1094]

Much needed video. Please do make more videos in this series.

[@subash7460]

Nice video...... My fav medico

[@priyankamauryaa...]

Congrats Bhai for 100k🎊. Stay safe and blessed ✨

[@neondoc6108]

Congratulations on 100k sir🥳. Please do post more about financial literacy.

[@aniketsaha1601]

Worth 16 mins of my time ❤️

[@sriharshaneeli6416]

Please please please kitni baar bhi please bulwalo continue this series.

[@dr.melbinjamesmdpsm]

U deserve more than 1lakh subscribers..way to go from doctors

[@soumilkaul5538]

Congratulations for 100k subscribers!!! ❤

[@techshare6002]

Congratulations for 100K sir

[@sonalisutar2587]

0:50 🥺true lines Bro❤️

[@sonalisutar2587]

Your very honest bhaiya 🥺❤️🙋‍♀️

[@shreyaverma6675]

Great Job 👏.Please arrange some more meaningful talks and discussion like this for sure on Finance literacy👍🏻👍🏻..

[@DrPavitraaShankar]

Also, Coffee Can Investing is good. Great video 🥁🥁

[@mannk8088]

Thank you. Amazing video. Was Looking for one such video for us by a Doctor.. Plz do make series on this topic..

[@tanbirmonzoor7993]

Congrats on 1 Lacs. Fast growth

[@rishabhjain3523]

Please make more videos on income tax and investing. I must say you are doing a great job by education students like me

[@zionmoses1839]

Can u solve some online MCQ's and record yourself doing that...it would be great to see your approach and your thought process while doing the same and how fast u resolve them and what difficulties u face ....🙏🙏🙏🙏🤞🤞🤞🤞

[@nayansonone4694]

Yes this is really good idea

[@nayansonone4694]

Dr.Aditya plzz do this for us

[@iamdanyboy1]

He has done that. Post NEET he solved a few questions. Like question on digoxin toxicity he said digoxin cause hyperkalemia so drug that contains K or raises K should not be given. Hence he eliminated KCl, Triamterene etc.

[@ishaanmodi601]

WOW MAN KEEP UP THE GOOD WORK LOVE YOUR WORK EVEN THO I AM A JEE ASPIRANT!

[@prabuddhagoswami]

Congratulations for the 1 Lakh Subscribers Bhaiya 🥳 Onto greater achievements ahead ☺️

[@85kanadmayekar26]

Great video 🙌 Thank u so much.

[@pramayvyas5610]

Yes amazing videos sir thank you it’s much needed for us

[@subramanyaadiga8023]

Hello sir, congratulations on reaching 100k milestone.

[@beinglogical1756]

Impressive topic selection

[@pluripotentmedico]

Amazing workkk …. Please keep posting more such content 💯💯

[@shaurya_tripathii]

What about NPS(National Pension Scheme)? Do we get tax deductions by investing in NPS?

[@DrAditya2935]

We do. I’ll try to cover advantages and Disadvantages of NPS.

[@shaurya_tripathii]

@@DrAditya2935 BTW Congratulations on 100K and many millions to come.

[@glaucomflecken]

This is so heplful, thank you so much. Please 🙏🏻 do make more of these videos

[@drswapdj]

Congratulations on 100k Guptaji

[@dreats28]

Very Informative 👍👍

[@sunnyh8898]

dil ki baat bol di guptaji !!!!!

[@samujjwalbhattacharjee4634]

But stipend is non taxable under section 10(16). You start paying from the time you derive a salary; SR stage.

[@DrAditya2935]

In many institute including AIIMS, we are given salary- not stipend .

[@natsudragneel2385]

Congratulations for 100k 🔥🔥🔥

[@Juhi]

Actually there's no tax for a resident individual "upto 2.5 lakhs" and not if "less than 2.5 lakhs". And this limit becomes 3 lakhs if you've crossed the age of 60 or 5 lakhs if you're above 80 years of age.

[@shainabansal6929]

Wow this is really helpful sir.😄😝

[@yashwanthkiran473]

thanks aditya sir...please give more info regarding health insurance

[@drshivanisamaiya9956]

Sir, have you made more videos on finances for doctors, regarding 80C or insurances as you are talking about in the video?? If not, please make some sir, they will be really helpful.

[@suchintachakraborty1983]

National pension scheme- investment of 50k is permitted to get exempted from taxable income under section 80 CCD (1B), which is above 1.5 lakh investment threesold under 80C, it is also a great avenue to save tax and have a future ready income. Additionally medical insurance taken for parents give further benefit of 50k under 80D..these are easiest ways to reduce taxable income

[@DrAditya2935]

Absolutely. This is just an introductory talk - we can also have tax deduction if we get a home loan or make a contribution to charity/PM Relief fund etc - there are multiple places - I just wanted to touch the biggest and probably most important one for salaried individuals - after that move to other avenues for tax exemption.

[@Rogue-Bull]

@@DrAditya2935 Both of you are largely incorrect in these 2 comments. (1) Insurance of parents does not mean 50K deduction. There are a lot of ingredients required to be fulfilled. Firstly, they should be atleast 60 years old; the payment must have been made by you, not someone else; it should have been through a bank account etc. (2) Donations should not be treated as a tool of tax deductions. If you invest 1.5 Lakh in PPF, you will get it back after x years i.e. it is an investment and not an expense. Whereas donations are voluntary expenses for which you will not get any monetary benefit in return. It would be horrific to donate say Rs 10,000 and get Rs. 3,000 tax benefit if you fall in 30% tax bracket (ignoring surcharge). You were better off not having made donations at all. Always consult a CA for taxation.

[@DrAditya2935]

@@Rogue-Bull I don’t know how we are wrong. You just highlighted the nitty gritties. More than 60y, from your bank account. If I’m trying to MY decrease tax - obviously I would pay it from my account. Parents of most resident doctors would be approaching or cross 60. Residency begins at 25/26 for most. Lastly, did I mention anything about investment as far as PM Relief? A lot of people donate because they like it. Plain and simple. There is a tax benefit to that. People just like to crib and prove they are right and others are wrong. Please make a video on how to save taxes before commenting that we are wrong.

[@Rogue-Bull]

@@DrAditya2935 Well I am a CA and just gave my 2 cents. I handle salary TDS of employees of my company and all the points I mentioned are the red flags I deal with regularly. They might seem inconsequential to you but rarely are that to the larger taxpayers concerned. No one who is earning Rs. 5-7 lakh has spare income to just donate it to government. I won't say more as I didn't even mean any harm and you took it as a personal attack for some reason. :/

[@dr.alluahir]

Sir ji...pg me residency ke doran jo stipend milta jisme tax kitna cut hota he ya fir nhii hota gujrat me govt medical College stipend tax system explain sir please ...

[@princk3656]

Sir is mbbs is like other profession after 5 -7 years like engineering and other low income jobs

[@Escapist_007]

Congratulations for 100k subs Gupta Ji 👏👏

[@krtkpredator6475]

thankyou big brother for a good idea

[@nitikabhutani3340]

Congratulations sir on 100k 🎉

[@arcturianstarseed2135]

Thank you for this video gupta ji

[@SandeepKumar-fw5hy]

Congratulations. For 100k subs. Sir. 👍👍

[@rutwikpatel4923]

Hi brother, I'm a doctor with type 1 DM. Can you suggest me some insurance that covers my day to day insulin and glucometer expanses???

[@rutwikpatel4923]

@@akshaybaser5494 😢😢

[@ChandanGupta-lr9zm]

Good way to teach how to save income tax

[@Dr.sohailsiddique]

Very very useful video

[@tanbirmonzoor7993]

Best of luck for 1 million

[@learningmindset720]

Sir, Please make a video regarding Health Insurance like what to consider and which one to buy ?

[@shauryapratapsingh2553]

Congrats sir on 100k Subs❤🔥

[@aravindmaddini6348]

Thanks bhayya 🎉

[@ayushsinghai3360]

Does residents get free accomodation from government???

[@sushilpatel7710]

Not totally, bt they offer accommodation at very reasonable amount

[@ayushsinghai3360]

@@sushilpatel7710 ohh

[@DrAditya2935]

Depends upon college. At AIIMS, you either get HRA (15-16k) or you get hostel.

[@sabdeparikshit9253]

We are so dam intelligent but don't know how financially we are not able get organized . 😅😅

[@taranjeetsingh1804]

Thanks for the video sir❤ Please make a video on how to Start MBBS Journey like studies, lifestyle and studying basics for PG.

[@DrAditya2935]

Have made a video about best resources- for each subject of first year MBBS.

[@samay184]

Too good sir👏👏👏👏👏

[@suheelakbar3159]

Aditya Sir what about AIIMS New Delhi Resident (MD/MS/DM)

[@krutikaa2744]

Me listening the video sooo carefully!!! Learning the best though I am still a neet aspirant 🙄😉😂😁

[@adityashirke7203]

Congratulations sir for having 100k subs 🎊🎊🎉🥳👍 l am also a subscriber of your channel.

[@afrinkhan8799]

Sir please make a video on 80c..... out of all videos on u tube yours in much relatebl.e...plzmakeit asap

[@SubhashRathi-z6l]

Stipend par tax lagta h kya ?

[@AnitaSharma-lr6hx]

Sir kya govt.clg ke resident doctor.. medical certificate bnaa skte h leave k liye ???