New Tax Regime - Marginal Relief & Tax Rebate EXPLAINED | Income Tax Calculation 2024-25

[@fincalc]

New Tax Regime Marginal Relief & Tax Rebate Video kaisa la? COMMENT KARO Income Tax Calculator: fincalc-blog.in/income-tax-calculator/ Income Tax Calculation between 3 lakh to 15 Lakh video: kzbin.info/www/bejne/qKmoZGhmmdt0eJI JOIN Telegram Group: t.me/fincalc_tv_channel

[@IrshadAhmed07]

STCG & LTCG capital gain bhi add kariye aapke excel me

[@redchillyvids]

KAL WALE VIDEO PAR MAINE BTAYA KI MARGINAL RELIEF SET NAHI KIYA TOH MARGINAL RELIEF KA UPDATE DIYA . GOOD 👍

[@fincalc]

thank you :)

[@redchillyvids]

@@fincalc welcome bro :)

[@shantilal2292]

Wow.. great...87A marginal relief...my income in fy 2024-25 is 776000 to 780000 ...so due to marginal relief benefit my tax less than i guess... thanks sir for your valuable information

[@fincalc]

yes right, but keep checking for official announcements

[@TheVijithsourav]

Hi Sir, The way you explained the working is tremendous, Awesome and Fantastic.

[@jagadeeshjs4238]

Really it is very helpful ,I am really very proud to you sir

[@fincalc]

Many many thanks

[@yogeshpuranik9350]

Thank you for making this video❤

[@fincalc]

You're welcome 😊

[@vinodKumar-jk6fn]

Excellent efforts

[@fincalc]

Thanks a lot

[@rasikvasava5611]

Very good information. Thanks.

[@fincalc]

Glad it was helpful!

[@bh52545]

Very good step, Now I understand properly Thanks ❤

[@fincalc]

Welcome 🙂

[@rajneeshraj1524]

New tax regime me 75000 standard deduction h but isme 50000 aa raha h

[@muzammilmehdi8259]

Very useful video,thank you ❤❤❤

[@fincalc]

welcome

[@abhijitbhattacharyya6528]

Very helpful for me.Thank u

[@JMGChandan]

Thank you sir for clear doubt 👍

[@fincalc]

Always welcome

[@arunnarayanan8675]

Thanks for the information

[@আরপারিনাদেখতে]

Very good job brother

[@fincalc]

Thank you so much 😀

[@s.chatterjee6207]

Nice demo

[@praveen5147]

Nice calculator

[@altamash777]

Thanks Ab kuch samaj me aaya. One question, is there any other deduction in New tax regime?

[@aniljadhav4730]

Very NICE 🌺

[@fincalc]

Thank you! Cheers!

[@Kookie_bunny_jk]

New tax regime me 80ccd2 kya he ? Government employee ko deduction milega?

[@debarunchatterjee7364]

Thank you very much for your video Sir. Can you please suggest how much TDS should I deduct for salaried person whose income is more than 15lacs but his aadhar and pan is not linked.

[@miteshpatel9140]

Please make video which regime is beneficial for 10 L and above income

[@fincalc]

yes made another video on this watch here: kzbin.info/www/bejne/oJPJemdvpseYhc0

[@shashankreddy1248]

In hand salary or ctc we have to calculate?

[@fincalc]

you have to subtract investments / deductions from ctc to calculate taxable income on which tax is calculated

[@mubarikali9168]

Thanks

[@fincalc]

Welcome

[@sagarmore4421]

Nice sir

[@fincalc]

Thanks and welcome

[@csethy6142]

My tax slab bracket is 10%. Do I need to pay capital gains tax @12.5% or 20%

[@fincalc]

Depends on whether gains are short term or long term gains For short term - 20% else for long term gains 12.5%

[@shoaib5074]

Sir 80c kaam karega kya nhi ? Both regime i want to help ans sir

[@fincalc]

80c sirf old regime me kaam karega Ye video dekho kzbin.info/www/bejne/oJPJemdvpseYhc0si=fwWqwbdp07cyqrW3

[@gokulthiru562]

ir can u pls explain about rebate limit reduced to 20k from 25k. it is confusing

[@amycitrus5769]

Hi, suppose salary is around 785000 , as explained in the video marginal releif will be applied. But if there's FD interest, will it get added with 785000 salary and the total if exceeds 722222, based on slab rates tax will be applicable? Please help to understand

[@goldy1187]

Abi sentral bank me fd 444 ya 555 d. Me konsa jyada byaj de raha hai ????

[@alokyadav771]

Taxable income 716000 hai to kya isme marginal relief 20000 milega ya 7lakh k upr 16000 aur uska 4% milakr tax banega

[@VikashGupta-by5mv]

Sir, sgb interest ko income tax return mein Kaise show Kiya Jaega

[@noushadtk7005]

How much is rebate as per budget?

[@suyashprakash7657]

New tax regime mein 80 CCD 2 mein deductions hai, woh include kr ke btao please

[@Newlife12345]

Rebate 25000 declared bhai . Not 20000

[@ravishankars1612]

₹20000 is correct. IT has forgotten to correct ₹25000 to ₹20000 after revising the tax slabs. 5% slab of 300000 to 600000 has been revised to 300000 to 700000, hence tax will work out to only ₹20000 at 700000. Tax of 25000 is not possible under 700000.

[@AliMohammad-vz5iy]

I have just got my annual revised package which is 789900.. please tell me how much tax I have to pay after all deduction or marginal relief

[@fincalc]

Please use calculator fincalc-blog.in/income-tax-calculator/

[@MamuPapa]

Sir short term investment waalo ke liye bi video banao please 😢

[@fincalc]

banaya hai already. ye video dekho: kzbin.info/www/bejne/oJbChH2wi7ateKM

[@mdhamidusman9097]

0:35 _pay karne ki jarurat nahi hai_ ???? Rebate ka matlab hi hai ki payment karne ke baad refund aayega, pay to karna hai boss.

[@ranendrabagchi7823]

Gross salary+ fd intt 7.70 lac है and LTCG 99000 हैं तो क्या Sec 87A के तहत 20000 छूट ले सकते हैं या नहीं, प्लीज mention, thank you

[@yogeshpuranik9350]

I'm a very basic knowledge keeping person तो कूच लोगो को ये सवाल ही हास्यास्पद लग सकता है ये जो टॅक्स स्लॅब मे बदल है ये अभी तुरंत के लिये लागू है क्या.?? या ये नेक्स्ट मार्च से effective hai..???

[@fincalc]

April 2024 se March 2025 ki income ke liye ye changes hai

[@yogeshpuranik9350]

Thank you friend For quick reply and I really appreciate your work मैने बहोत व्हिडिओ देखे मागे जो तुम easily समजाते हो तुरंत समज आता है..❤

[@fincalc]

@@yogeshpuranik9350 welcome :)

[@subhashhirve290]

Capital gains should be treated like income from other sources and taxed at slab rates

[@basics9173]

My Yearly Income is 6.5 Lac hai, Kya Mujhe income Tax File karna chaiye. 2023-24 ki New regime ke hisaab se.

[@fincalc]

yes karoge to better rahega. can be used as document for loans

[@basics9173]

@@fincalc Thanks For Your Suggestion, One more thing I want to know, यदि मैं अपना ITR फ़ाइल न करू, तो लोन मिलने की दिक्कत के अलावा क्या मुझे income tax office की तरफ से कोई दिक़्क़त तो नही होगी ।

[@fincalc]

@@basics9173 nahi honi chahiye. lekin karoge to govt. ko record purpose ke liye data milta hai ki kitne logon ki income 7 lakh se kam hai. vaise ITR baaki jagah par bhi use kar sakte hai jaha applicable hota hai, isliye file kiya jata hai and tax refund ke liye bhi kiya jata hai

[@basics9173]

@@fincalc Thanks A Lot.

[@pankajsingla5342]

I have some doubts: Case 1) If I gained 2L in LTCG, then how much tax do they have to pay? I am already in the 30% slab Case 2) If gained 1L in LTCG, 2L STCG, then how much tax do they have to pay? salary 4L only. Case 3) If I am earning 3 lakh salary, 2 lakh in STCG, and 1 lakh in LTCG, am I eligible for section 87A in the old tax regime?

[@aloksahoo7640]

In tax calculation New regmi ka standard deduction 75000 update nahin hua .

[@fincalc]

app update is in progress. stay tuned

[@sandeep72333]

I heard That our total income (All incomes..Salary+Dividend+interest on Savings+LTCG+STCG,etc..) should be below 7 or 7 Lack to get Tax Rebate 25K under New Tax Regime and Below 5Lack under Old Tax Regim for Tax Rebate 12,500. PLEASE ADVISE IS IT CORRECT ?

[@fincalc]

Yes correct.. These limits are applicable after deducting standard deduction as well

[@sandeep72333]

@@fincalc Thanks for your Prompt Response. As we have separate Tax rates for LTCG and STCG then why we need to see combined(capital gains +salary income) balance while calculating income tax for Rebate ? If that is the case do we need to pay capital gains tax as per slab baisis ? Kindly respond on this

[@fincalc]

@@sandeep72333 slab rates are applicable on salary income, where as stcg and ltcg rates are applicable on your gains, when income is above basic exemption limits. If salary is less than basic exemption limits than stcg and ltcg can be adjusted against the salary income to reduce tax. watch this video: kzbin.info/www/bejne/mGSxmmWQf9-joac

[@sandeep72333]

@@fincalc Thanks for sharing the video link and it's really informative. One Last Scenario to understand this topic completely. Person A age 35, Salary income 5.50Lack and STCG 1 Lack, Do not have any other Deduction. Except Standard deduction 50k. So, Tax Calculation is 5.5 - 50k standard deduction, remaining Balance is 5Lack which comes under Tax Rebate. No need to pay tax on salary income. Only STCG Need to pay 15% on 1 Lack. HOPE MY UNDERSTANDING IS CORRECT KINDLY ADVANCE. Thanks in Advance.

[@fincalc]

@@sandeep72333 yes this is right

[@ramanujbanerjee263]

Sir, my taxable income is rs.710000/- in FY 2023-24.Have I to pay as tax 10400 for marginal relief.please give an answer as soon as possible.I have to submit ITR.

[@fincalc]

Yes, tax will be displayed to you while filing ITR

[@ramanujbanerjee263]

@@fincalc thank you sir for your prompt reply. Another question to you sir. My wife has completed her 60 years on 12.03.2024. can she claim rs.50000/- deduction in ITR of 2023-24 FY?

[@basics9173]

My income on FY 2023-24 is 6.5 Lac , क्या मेरी सैलरी पर TDS डिडक्शन बनता है, और अगर बनता है तो कितना होगा, please बताये । मेरा सैलरी के अलावा दूसरा income source नही है. As Per New Tax Regime

[@jpsaru]

No

[@rahuljinolia1776]

836000 pe kitna dena hoga

[@fincalc]

tax calculator use karo link: fincalc-blog.in/income-tax-calculator/

[@amitsamanta5274]

87A 25000

[@thefusion9589]

Where did you get the information about marginal relief ? I am trying to search on google

[@nishantshah6038]

Tax rebate 87A is 25k

[@ayushdiwan9654]

850000 तक मेरे annual income में मेरा कितना tax कटेगा

[@dracula4468]

1012000 annual income par banao

[@fincalc]

check this video: kzbin.info/www/bejne/oJPJemdvpseYhc0

[@sudeepkumar9330]

HRA CLACULATE KARO fir actual calculation hoga

[@noushadtk7005]

Income 800000 Less Sd 75000 Tax income 725000 Tax 22500 plus cess Rebate 22500 plus Payable zero. Correct?

[@mohdhaseeb89-l1j]

Tax income 7 lakh se jyada hone par rebate nhi milegi

[@Faujibhaik]

87A❤😂

[@ratansinha3377]

Totally eye wash budget for all category.

[@PROUDSANATANI1]

Yaar 775100 agar income he under new tax Regime aur 50000 Standard Deduction nikalenge to Taxable Income banega 700100 matlab 700000 ka threshold cross kar diya he. phir bi Rebate de rahe ho under section 87A, kya ye sahi he?