How to Save Money on Income Tax (for Beginners & Salaried Employees)

[@ShrinivasKattimani66]

I have been paying tax from past 3 years and I swear no body has educated me to this extent. Thanks a ton.

[@TheUrbanFight]

I am so happy that you found it useful and not boring. :P

[@NARASIMHAM1002]

@@TheUrbanFight Knowledge is power. Thanks for educating everyone in your radar.

[@cmacommunity705]

👍

[@Mewoi9205]

@@TheUrbanFight can you update the video according to 2021s budget plz plz

[@godswillarugu9588]

Me too

[@somnathmahato9184]

Tax calculation of Raj: 0-2.5L=0 2.5-5L@5%=12500 5-6L@20%=20000 .... So total is 32500 if I am not wrong.

[@TheUrbanFight]

You are not wrong. :) This correction has been made in the description.

[@ajayzingade4600]

@@TheUrbanFight yes you have given in the description thanks Urban Fight Girl.... you make nice content

[@ajayzingade4600]

you are correct somnath even she has corrected it in the description below

[@ajayzingade4600]

thanks for making this content actually I did not about IT Tax and till now I have bit paid IT Tax to govt of India. now package is in tax limits so it is useful for me

[@panditindian81]

So what will be the total tax to be paid by raju now?

[@Shivhari2328]

This video has come at the right time.....a saviour... didn't know too much about taxes....I just love ur videos a lot....to the point.... important things....no unnecessary blah blah like so many youtubers....love ur work... keep it up..

[@Dev-bi7ce]

Yes we need video on health insurance

[@Santoshnsk]

health insurance buying outside is not that useful. since you pay 10yrs of premium and if you utilise it in 11th year you spent more than what we pay directly in hospital.

[@ckjamal99]

Yes

[@sci-techmedia9383]

Nice video.. Do we need to file Itr every year if we paid it once..? What if we don't file ITR?

[@cmacommunity705]

👍

[@Santoshnsk]

@Maria Thomas that situation happens in very very rare cases

[@pavanms5422]

Wow.. Simple.. Subtle and Short. I regret not watching this at first and spending 2-3 hrs to figure out income tax

[@anilkumar-mj6iy]

Seriously! You are genius in your subject. Presented like a pro. Your gestures and presentation made me think of you WOW. Love from Andhra ❤️. God bless you.

[@ekambarampachaiyappan3181]

She made a mistake. Instead of praising her so much understand the mistake she made in the example given.

[@prashbk]

After all these years of confusion🙆‍♂️... now I got the clarity.. thanks yaar 😀

[@TheUrbanFight]

Download the Groww App here: groww.app.link/lLnNbhFhbT & let me know how you find it. :) To know more about Groww App, watch this video: kzbin.info/www/bejne/gJS5oYWmpbV5ibs ************************************************************************************************************ Correction: Tax Calculation of Raj's Example for 6 Lakh Raj's Income: 6 L per annum Subtract 5 L from it (for 3rd slab): 6 L - 5 L = 1 L He has to pay 20% tax on the above 1 L = 1 L X 0.2 = Rs. 20,000 Remaining amount: 5 Lakh Subtract 2.5 L from it (for 2nd slab): 5 L - 2.5 L = 2.5 L He has to pay 5% tax on the above 2.5 L = 2.5 L X 0.05 = Rs. 12,500. So, in total, Raj has to pay = Rs. 20,000 + Rs. 12,500 = Rs. 32,500 as tax for an income of 6 Lakh Rupees. ************************************************************************************************************

[@devolinachakravarti3221]

Thanks! I have done it! Exploring the app as I type😂😂

[@puiichawnghlut2582]

You are one of the best you tuber ever..

[@TheUrbanFight]

[@godswillarugu9588]

Tax is a very big problem

[@matthewhenderson5407]

So how do you think we go about the problem

[@nbpersonal]

I am someone who absolutely hates understanding these things until TDS started to get deducted from my salary, and thanks to this video I have a starters idea of what to do. Very informative.

[@shwetha113]

I recently came across your video .. the way you talk ... I watch your videos only to listen to your talking... And bonus I get to learn something new in every video... 😀 Keeping fighting the urban fight 😃

[@saivenkatesh5036]

First thing I mad about ur english speaking and second is ur knowledge on financial system , I spent my time almost 5 to 6hrs on ur channel to gain knowledge , bcoz am facing lot of problems in saving tax , going forward u r channel is list as my favvvvv channel and words are very less to talk about ur channel , usually i wont drop any comments in youtube but u made me to do such a lengthy comment , still want to write more and more.....am very inspried...and i will recommend ur channel to people who are very poor in speaking english as a first priority and to gain knowledge on financial system as second priority.....i think ur feeling very happy and a louder smile on ur face... i wish u a great success go ahead...i need stock market basics....toooo

[@rdias002]

I kid you not, she blew my mind. I have never ever seen an Indian video with such fluency and quality. I loved your video. Very helpful and great examples. PS: No offence to anybody.

[@Idontwannaliveanymore377]

You have so much potential and knowledge inside you, you make economics and finance ridiculously easy to understand. All power to you!

[@AnkitKumar-tp8hc]

Possibly the best video on youtube on saving money on Income Tax. Keep up the good work.

[@venkateshg1008]

U are younger but doing very good job.thank u for clear explanation.ALL THE BEST for Progressive Career ahead.

[@GUNJANASWANI]

I remember when I met Taskeen Fatima outside Marriotts, Jaipur I said hey Are you from Urban Fight channel she said yes and then she also said he is my husband. I feel so great that not just you are a great youtuber but how much respectful you are in your relationship. Great content!

[@diyaleyahjose]

You have got great communication skills and u speak more fluently n simple English whch s intelligible for evryone...😊Egrly waiting for new videos like dis .

[@devolinachakravarti3221]

Please let us know about good health insurance policies to invest in...

[@cmacommunity705]

Go For LIC Health insurance policy... Jivan arogya

[@godswillarugu9588]

Tax is becoming a very big problem for us ....we need more good platforms to invest in so we can keep up the tax

[@matthewhenderson5407]

@@godswillarugu9588 what type of investment

[@karunaacharekar5933]

Most logical and extremely intelligent youtuber!!! Beauty with brain !👌

[@JadiRajesh]

Ur English Speaking Skills Superb Mam

[@shyamb9443]

Voice and expression and also graphics on side of the screen are superb, thank you for this video.

[@vernondsouza4508]

Your communication skills and personality is awesome 😊😊 love you content, keep going✌

[@godswillarugu9588]

Tax is becoming a very big problem for us ....we need more good platforms to invest in so we can keep up the tax

[@nettirayala6990]

Best explanation video in youtube.. sharing with all my friends... Thanks for this video...

[@anoopkumar-dt7wp]

It is not Substract madam. Subtract, it is. No offence intended. Good info. Really benefited from it. Please keep making more such videos

[@Bobbsicle]

I’m glad I stumbled upon your channel. This is information that no one actually gives you ever. Thanks a lot and cheers for the good work!

[@sidnayak4395]

Finally there was someone who could make me understand everything.. Thank you Cheers. Between how about the standard deduction of 50K. I didn't see you mention that any where? or have I Missed something?

[@natashacoutinho7815]

I can't beleive I just found you! And I can't stop watching them all. Thank you for explaining everything so well and with so much patience. You are a gem of a person. Please don't stop. And I love the variety of the type of videos. 👍

[@ishitachakraborty7990]

I LOVE YOU and your videos!! I am a great Noob in this tax section , finally feeling educated about paying tax 🤗 Please keep making amazing videos like this , helps us a lot.

[@godswillarugu9588]

Tax is becoming a very big problem for us ....we need more good platforms to invest in so we can keep up the tax

[@matthewhenderson5407]

@@godswillarugu9588 yes we need good platform for investment

[@veeras2020]

I met the fighter at IKEA!! She was so cool!! Kudos for doing awesome stuff!!!

[@asjadnabeel]

Awesome video sister ......Believe me...Nobody ever explained anything this clear to me.... !!! keep going all the best....

[@sourabhgirdhar4888]

My first video... New subscriber😊😊

[@manishjha5183]

Nice one..all doubts clear in a second thats amazing...thanks a lot..☺️☺️👍

[@MrPrashant121]

Simlplieast way she explained 👌 please make detail video on helth insurance

[@sureshgoondla1917]

Your brain is a smart computer.. love you madam for your grate suggestions.. keep posting new videos

[@riyazabdul2101]

Thank you @urbanfight. These portions should be opened up at school levels

[@dhanushreddy4917]

You know all the ways in the world to save money😂 💯 great work

[@sm73899]

Finally, I found an explainer video in English. Thanks :)

[@olashoyeb6638]

I could never understand income tax n all this stuff, but your video specially for beginners was awesome. Such simple way to make understand. Keep up the good work 👍🏼

[@qwertyqwerty-nd5rj]

Hope you become a billionaire now

[@vvsganeshnanduri9374]

Best video on tax savings i saw so far. Thanks for educating on income tax savings for people like me

[@alexeyvarghesegeorge5985]

Please make a detailed on SIP and also how to use the GROW app effectively.

[@cmacommunity705]

Don't use grow app go for orawealth

[@abhishekinmusic]

Your advices help me so much. Thank you and please continue educating and helping people.

[@prasadk-oi9qr]

Hello Taneesha madam, Excellent Video, I have gained knowledge about Tax of salaried employees

[@Sarronya]

In never miss ur videos....coz u offer the best content, which I (most youngster) need....Been subscribed since u had been making weight-loss videos... Best wishes... Keep fighting the urban fight! Request : Pls could u make a video on investments for a new born...

[@ramshankermanat3550]

लाजवाब... Beauty with brain,, काश aap jaisa koi frnd mera ho

[@shuchia8339]

Great work! Keep going. You simplify things so well, for people who don't know much about Financial education. It's vital!

[@cmacommunity705]

Right

[@abilasha2272]

Your videos are very useful to me... I learnt many new things whenever I see Ur videos... and like the way you speak in English with encouraging manner....

[@raghaviraj5765]

Thank you so much.. Your video has given a complete view about the tax and saving money while paying tax.. So helpful👍👍

[@anshulyadav9907]

Just love the way you break down complex subjects and explain them with such ease.. request you to make more videos on term life and health insurance policies.. good luck :)

[@NativeGoan]

Great video again. Love you because you are what you are. Love your videos because you come up with diversified content.

[@TheUrbanFight]

I'm happy you like my work. :) What do I call you?

[@NativeGoan]

Thank you for your reply. My name is Shilpa. "NativeGoan" is my channel's name. :)

[@SudarshanKrSingh]

Hi I want to ELSS direct plan , how to go about this ?

[@razahasnain9326]

Great video. Not boring unlike all other videos on income tax👍

[@prasad19Dec]

Always a pleasure watching your videos and the way you articulate, Vooho 💙💚👌 big time admirer! Lots of love and best wishes! Dwelling at Pune, and been in Hyderabad for long..can surely say : it's an Urban Fight pakka 😅

[@sudheerreddy8578]

ELSS matures at 10 yrs . so investing a lumsum 1.5lakh every year for next 20 yrs . we will start getting a return of the maturity amount of each year ELSS from 11th yr onward. which will be around 5.5 to 6L rs on every maturity .year wise. for 20 more yrs which means till u retire.

[@saifshaikh7507]

Amazing .... 😍 What an explanation ! .. Hats offf keep making such videos and educate us 😅..... Thankyou soo much...

[@AnilChandran]

Dear , ur each upload is unique and keeping upstandard.. congrats .. and ya obviously will eagerly wait for the best health insurance policy in India at the moment. My conditions - husband just began NRI life, wife and 8 months old baby , mom 54, dad 63 years old , in India. After 1 year or 2 all the three will be NRI. The sum assured can be maximum 4 lakhs. Thank u

[@TheUrbanFight]

I am glad all those calculations make sense now. :) Good luck!

[@samuelpradeep]

Your content is very good and on point. The way you put up everything is simply fabulous.. keep growing and glowing!!! More power to you🔥🔥

[@sonalijha2356]

It's January I have two months left deal with tax returns and you saved me

[@user-qb5sh2vh9i]

Your explanations are just 😗😗😗... u can make most difficult stuff understandable ... thnx

[@bhartibolwani8069]

Thank you so much for simplifying such a complex subject. Finally I am able to understand these concepts easily.

[@kamalchandar2402]

Clicked on bell icon 😁. I liked the editing works you have done in this video describing about each and every thing you were explaining it. Thanks for that.

[@kamalchandar2402]

And yes I need the best health insurance video for parents. Oops sorry I forgot the important thing, is there any long term plan for babies for saving money in their name and use it later after 15years. If you have already explained it plz share d link here or if possible create a video explaining on the same. Thanks a lot again.

[@cmacommunity705]

Go for LIC Jivan arogya

[@vysakhmohan5109]

Im that Raj.. 😭😭 .. I didn't knew anything abt this 80c or whatever was there. I didn't do my declaration. Thanks for making this video. I understood the basics.

[@MrGhilligiri]

Which is the best health insurance for parents?

[@ayushipandey6924]

Thanks for starting your KZbin channel, big fan of yours😋😋👍

[@saiprashanthig7540]

Please let us know the best insurance policy. My parents don't have a health insurance as of now. Should I take a family insurance or separately for them? Please let me know. Looking forward to the video.

[@pratibhagupta5276]

I really like ur simplicity and expertise.

[@sudhar6976]

In Elss whether the principal and interest earned is taxable, what is the percentage

[@ShahidKhan-ok4gi]

Awesome video.. Thanks a lot for such an amazing information😍😍👍

[@rakhshindam5673]

Lucid explanation! Much need of the hour... thank you 😊

[@pranjitmohite4946]

I started watching one of videos.. and I have binge watched 20.. Keep up the good work !!

[@abubakkara4281]

I like ur english. Easy to understand. And thanks for ur tips. I already read the basic and important of tax detection in "rich dad poor dad" book. But u elaborate the thing. I think this video for employee. Kindly do a video for employers also.

[@sunilkumargondkar9864]

Excellent description and your skill in simplifying complex thing. Keep going

[@livestyle5527]

We all nailed the physics calculating the speed of train with time and distance parameters, deep dived maths with derivatives and integrals, studied history of how the Moguls invaded India. But no body takes us seriously on how to do tax calculation and even we do not bother on how to do tax calculation until we land into a job and get more than 3 payslips and still we confused on what's are the slabs and how they work. Even elders and teachers do not teach this as a subject because they think money is sin.

[@Kishore.travelbytes]

Made Very clear!! Pakka Explanation!!

[@sshaily2011]

I really like you... Very genuine ... I am not able to save money... But your ideas hv inspired me..

[@sachinhiremath1795]

I really like your vedios.. excellent!! To the point and crisp...no boring stuffs or stuffed adds all over.. good job!! N I would really appreciate if you could make a vedio on choosing the right HEALTH INSURANCE PLAN

[@jinal1112]

I would like to know about Health insurance in detail. Which one to select for adults and those who near to the age of '50s?

[@akonme1000]

Please assist us to select the best health insurance for life cover and tax savings under 80D.

[@GouthamRajuchamarthi]

Lots of love for you girl... Thanks for all these stuff which I can't get somewhere else.. Keep going and stay blessed.

[@MrVinilkrishna]

Hi.. I do watch your videos.. Awesome work.. your stuff motivates me.. What I understood by seeing this video is not how much one knows abt something and is how exactly someone shall really express & communicate or selling himself sometimes.. Thanks for teaching to a tax professional....

[@ananthakarthik8384]

How did health insurance fall under savings, it should be under spending money no?

[@mandeepyadav3216]

Please make a video on health insurance. I love your content. You're guiding us really well. Thank you so much. Keep doing the good work.

[@prashbk]

Please correct me if I am wrong:🙏🙏🙏 In this example explanation..if a person doesn't show a rent of 7.5 k then he can claim HRA 10,000 x 12 = 1,20,000 instead of 7,500 x 12 = 54000. Calculation for 54000 6L - 1.5L - 54k = 3.96 L 3.96 -2.5 = 1.46L ==> 1.46 (5%) = 7300. Similarly for 1,20,000. 6L - 1.5L - 1.2L = 3.3 L 3.3 -2.5 = 0.8L ==> 0.8L (5%) = 4000. So tax payable Will be only 4000 instead of 7300. Please correct me if I am wrong

[@ajithspeaks5061]

We like you !!!!!! So informative 🤗 1000 Thumbs up ❤️

[@monishdadwal4500]

Hi ,thankyou for sharing so good information.In the last section of video what happened to Raj's hra.I mean where it got subtracted.Thanks in advance.

[@sushmavangapandu8670]

I really love your work ...each and every point was so clear in the video .it is so helpful.

[@godswillarugu9588]

Yes

[@learnwithsonam9333]

Your way of speaking 😍is very impressive 👍

[@dreamcatcher1410]

Pls let know how to choose best health insurance plan

[@suparnadas5899]

Awesome. U explained everything so well. Thanks. Kindly help with choosing the apt health insurance plan

[@TheUrbanFight]

You are welcome. I'm happy you liked it Suparna. :)

[@godswillarugu9588]

We need to talk about good platform too for investment

[@ramkumargourarajula9528]

Is jeevan umang policy good to buy?

[@arijitasen541]

You're doing an amazing job. You gave me the courage to start investing in mutual funds

[@godswillarugu9588]

Tax is becoming a very big problem for us ....we need more good platforms to invest in so we can keep up the tax

[@kalpeshk8521]

The awesome youtuber 🤩🤩🤩

[@geethamunusamy7536]

Super.... we hardly need that information... thank you for your message and very clear explanation....

[@SureshReddy-vu5vf]

Concerning ELSS: If the benifit is taxable, how much is the tax, Ma'm?

[@shashankpant4840]

Perfect video for young generation, thanks a lot Urban fight.

[@godswillarugu9588]

The government is the one killing the people

[@babupasungily4895]

What is the background music running behind?

[@ananth889]

Hello, hope you are doing good. I have a query. When tax is deducted based on the slabs, every 3rd month I get more salary because of quarterly performance pay and more income tax is deducted that month compared to other months, not able to understand this.

[@archananadar2678]

Can ve invest in insurance ULIPS plans ?...becaz even the payout that we get is tax exempted ??

[@TarunKumar-tt4vj]

Have you made vedio on Health Insurance? Could you shae the link?

[@muthukannukannaiyan3439]

Can you suggest the health insurance which is the best one