I have worked in numerous organizations and the same happen there. In the absence of adjustment claims, employers deduct taxes aggressively. One thing which I persuade to employers specially the tax managers there that they should counsel the employees as they are lay man so do not assume them tax experts and do not expect that they will come and claim themselves if any. Anyhow, You have covered very good area and I must say all of your videos are from practical side.
@malikshukat72875 ай бұрын
Good information 👍
@faheempracticallearning3 ай бұрын
@@malikshukat7287 👍
@hassnainmasoodqureshi968911 ай бұрын
Increments or bonus per kis tarha tax calculate kia jata he ?
@hassnainmasoodqureshi968911 ай бұрын
Agr Kisi ki payslip per already medical allowance available ho to us per 10% medical exemption hoga Yan nai ???
bhai provident fund per bhi tax deduction hoti hai. My employeer is deducting one part of the PF PF = employee part + employeer part they are deducting on 1 part and not mentioned which part in salary slip is this correct to deduct tax on any part
@faheempracticallearning4 ай бұрын
Yes, on some certain part, check lecture of PF for complete understanding
Agar salary k sath. Leave encashment and bonus etc ae to kia process houga calculation ka.
@psp7835Ай бұрын
Sir profile m email aor cell nhi likha hove registration k time. Ab password ksy recover ho ga???
@sharifahmad687610 ай бұрын
if the employer is not subtracting the 10% medical exemption, do we have any allowance or credit for this, when we are doing our own individual tax filing.
@faheempracticallearning10 ай бұрын
In tax return, you can claim 10% , and this is adjustable, again any other income, if taxpayers have:
@atiqurrahman3304 Жыл бұрын
AS Salamu alikum sir Life Insurance k treatment pey koi vedio hai tu link mansions kar dain,
@faheempracticallearning Жыл бұрын
Yes sure, in future
@hassnainmasoodqureshi968911 ай бұрын
Pension, gratuity and provident fund per tax exemption he?
@shaam15113 ай бұрын
Sir 1 important baat pochni ha k sary banks , telecom companies tax certificate year end pr issue krty hen or tab tak employer complete tax deduct kr chuka hota ha us waqat wo kehty hen k ab ham adjust nhn kr sakty ap FBR sy claim kr len...........jo k hamary jaisy aam bandy k liey impossible ha ..........is sourt-e-hal men kia kren .........please guide
@faheempracticallearning3 ай бұрын
@@shaam1511 any time, you can take, from telecom companies
@asimsohail589 Жыл бұрын
Bohat ALA ,....
@5MinutesWithQazi Жыл бұрын
Kia property purchase krty waqt jo tax pay kia jata hy tu wo adjustable hy??
@faheempracticallearning Жыл бұрын
Yes
@afvlog3954 Жыл бұрын
Great sir. 👍
@faheempracticallearning5 ай бұрын
👍
@ishteaqahmed7222 Жыл бұрын
Sir hamry han consudilated salary milty hy to kia ham consudilated pr 10% lysakty hrn
@faheempracticallearning Жыл бұрын
Yes if not separate, mentioned on salary slip
@farooquibhai56965 ай бұрын
Assalaam o alaikum Sir hum is medical allowance ki amount ko return me kahan record kerenge?
@faheempracticallearning5 ай бұрын
in salary income tax, exempt 10%
@FaisalIkram-e4p8 ай бұрын
Brother as per rules medical allowance is exempt upto 10% of basic salary and any medical allowance in excess of 10% of basic salary will be considered for addition in taxable salary right, But you are are directly deducted 10% of basic salary in respect of exemption of medical allowance from basic salary which need clarification for better understanding. Kindly explain
@faheempracticallearning8 ай бұрын
Yes same, maximum 10%
@ZulqarnainHadir-e8x3 ай бұрын
Sir gross pay total krn ya net salary ? For tax return
@faheempracticallearning3 ай бұрын
Gross salary
@accounts1s-di2gw8 ай бұрын
Ager company se loan laty hn farz ho 200,000 or salary haa 52000 + incentive 30,000 ab loan ki installments cut rai ha or basic salary transfer ho 52k ki bjye 32k tu tax ma salry 52k laiin gy ya 32k? Monthly basis deduction ho rai haa
@reflection6487 ай бұрын
@faheempracticallearning
@OutSideScenerieАй бұрын
کیا پنشن کی رقم سیو کریں تو اس کے بیلنس پر بھی ٹیکس ہو گا
@faheempracticallearningАй бұрын
@@OutSideScenerie no
@muhammadawais5512 ай бұрын
Is tax slab rate is different if someone working with a company as consultant, not a full time employee?
@faheempracticallearning2 ай бұрын
Yes services rates
@muhammadawais5512 ай бұрын
@faheempracticallearning All right and these service rates are higher or lower than the full-time employee tax slab?
@faheempracticallearning2 ай бұрын
@@muhammadawais551 upto certain, extend higher after that slab rates higher
@IrslanAkram-p8k11 ай бұрын
Asalam o alikum, First, if an employee joins in December with a salary of 100,000, should we apply tax on his income? Second, if an employee's salary was 40,000 in November but has now increased to 75,000 in December, should we apply income tax on his salary? Thank you.
@Tofique Жыл бұрын
Nice
@AhmadAli-jb6ri4 ай бұрын
Ager ap switch kro company 15 days aik jaga 15 days dusri jaga in a year then woh salery kesy add karein gy total yearly salary main Please guide For example 1 company main salary thi 1 Lac Dusri main 1.5 lac 15 din apny 1 lac main kaam kiya 15 din 1.5 lac wali main kaam kiya Toh yearly salary main 1.5 lac wali count hogi ya 1 lac ya dono ki half half
@faheempracticallearning4 ай бұрын
New company will calculate salary tax, based on actual payments, if amount is taxable thn they will deduct
@ZulqarnainHadir-e8x2 ай бұрын
Hello sir, is year mri sis ny mj sy loan lia 6 lac. Bad m mjy waps krdia ak month bd. Sis ka NTN ni.... Isy ksy adjust kron return m?
@mishi-re9tz2 ай бұрын
Is Bonus taxable?
@faheempracticallearning2 ай бұрын
Yee
@ARIEGL.TRAVEL Жыл бұрын
I have different opinion like 100 k can not be set as basic salary. Basic salary can be upto 60% or total salary, it can not be increased or reported more than this
@faheempracticallearning Жыл бұрын
Yes, agreed, for internal HR or company side we can make like this, but for taxation side if basic salary is more than more benefits, in the form of medical exemption
@ishteaqahmed7222 Жыл бұрын
Tax year 2022 mi ny 236k mi 45k pay kiy hen ki wo mi 2023 mi apny employer say certificat show Kara kr tax adjust Kara sakta hon
@MuhammadAmjad-ei2ou Жыл бұрын
Sir advance tax next year bhi adjust hosakta hay ? ya 2 saal tak? iski time limit kya hay ?
@anwarulhaq9285 Жыл бұрын
Please clarify: HEAD OF INCOME: SALARY SECTION 12 3[Explanation.- For removal of doubt, it is clarified that the allowance solely expended in the performance of employee’s duty does not include - (i) allowance which is paid in monthly salary on fixed basis or percentage of salary; or (ii) allowance which is not wholly, exclusively, necessarily or actually spent on behalf of the employer;] Explanation added by the Finance Act, 2021.
@faheempracticallearning Жыл бұрын
Check lecture again this concept already explained.
@irtikhan2602 Жыл бұрын
In case of any leave without pay, on what amount will the tax calculated? An amount after deduction of leaves or the actual monthly gross pay of 30 days ?
@faheempracticallearning Жыл бұрын
Yes, on actually amount, after deduction
@irtikhan2602 Жыл бұрын
@@faheempracticallearningSir, remaining taxable salary after deduction of leaves?
@faheempracticallearning Жыл бұрын
@@irtikhan2602 yes,
@fawadchughtai5067 Жыл бұрын
Pls guide. Salary tax refundable previous years ka current year se adjust karsaktay hein?
@faheempracticallearning Жыл бұрын
Yes but only in annual tax return, not at source
@fawadchughtai5067 Жыл бұрын
@@faheempracticallearning Sir Annual me kese adjust karegein? Jiski income sirf "Salary" ho tu oska tu hamesha refund he aaega.
@hassanasadi330 Жыл бұрын
sir govt main tu gross main pension bhi hoti hai pf bhi hota hai tu gross main se pension n pf exempt karke tax banay ga humaray dept mai pension exempt kar ke tax detect hota hai
@saleemshaukat1500 Жыл бұрын
Aoa Sir, income tax me refund wale colom me hum kitne years ka tax refund kr sakte ha? agr tax payable me raha ho to.
@faheempracticallearning Жыл бұрын
W.salam watch refund lecture
@waqar44able Жыл бұрын
sir you have missed in this lecture TA DA exemption kindly explain.
@faheempracticallearning Жыл бұрын
Ta / DA always taxable
@72alihassan Жыл бұрын
Sir, fuel card use nhaee kya full month and employer ny fuel allowanance employee ko bank transfer kr daye to is rakam ki employee apni return me kesy treat krain ge, taxable/ exempt/expense reimbursed?
@muhammadsalman9134 Жыл бұрын
Bhai Video boht achi h but practically 1 return submit karky bataen ye sab kis kis jaga likhna hoga
@economicstutor9313 Жыл бұрын
Sir mutual funds me abhi tax exemption hai? us ki conditions bhi hein koi?
@mrxpert1005 Жыл бұрын
Assalam o Alaikum Sir, We have a car and selling. Is there any capital gain tax on selling the car when sale proceed is more than cost of car. Should we charge capital gain on whole or partial
@5MinutesWithQazi Жыл бұрын
Sir kia Govt. Employees k ly b ye rule Hy.?? Dosri bat ye Hy k Medical and Conveyance allowances b kia exempted hn??
@psopk1 Жыл бұрын
My company allow me Medical bill reimbursement, can we avail 10% medical exemption in this case.
@faheempracticallearning Жыл бұрын
If reimbursement add in salary tax calculation, thn you can claim 10%
@hilalahmedkhan928 Жыл бұрын
AOA, is there any benefic on Zakat (private charity) and on children education. Regards.
@mmu200 Жыл бұрын
are medical reimbursements exempt or not? Its not mentioned in salary slip as a medical allowance. Its reimbursed on medical bills.
@MuhammadAli-tu9bi Жыл бұрын
👍👍👍
@abdussamadsalleh4216 Жыл бұрын
Sir, what law guide about services, like our employer, is providing services outside Pakistan . Is there any benefit for employee.
@abdussamadsalleh4216 Жыл бұрын
It's not an IT service.
@abdussamadsalleh4216 Жыл бұрын
It's a remote service like an account and finance
@alviuzair Жыл бұрын
10% medical exemption is available only if the company is not giving any medicial facility.
@faheempracticallearning Жыл бұрын
Even giving thn still as per rule we can claim, upto 10% of basic sales. For more details check lecture of medical exemption
@zeeshanbaig4011 ай бұрын
Really?
@muhammadsalman9134 Жыл бұрын
Sir salaried person ko basis pe 10% medical exemption milti h wo kahan p likhengy or kesy exemption avail kr sakty hn ? Please help 🙏 make a video please 🙏
@ranafarhan54772 ай бұрын
❤😂🎉😢😮😅😊
@faheempracticallearning2 ай бұрын
👍
@waqar1061991 Жыл бұрын
Sir zakat paid to registered organisation. How much income tax can be saved?
@amanalam7866 Жыл бұрын
Its incomplete info about medical exemption,,, ager kisi ki salary me medical allowance lg raha he , jesy sary allownce ap ny bty he ,, to kon c amount li jy gi ,,,basic ka 10 percnt ya medical allownce.....
@faheempracticallearning Жыл бұрын
watch old lecture for complete understanding
@akbarloona1475 Жыл бұрын
Sir can we split salary in two accounts to save Income Tax...😂