Income Tax Basics Explained | Tax Rates | 5 Income Heads | Hindi

In this video we will talk about Basics of Income Tax
1) What is Previous Year and Assessment Year
2) 5 Heads of Income
3) Deductions
4) Tax Slab
5) TDS
************************************
If you're interested in Stock investing and trading following links are useful.
☑️Zerodha Demat A/C: • How To Open Demat Acco...
☑️Open Free Demat Angel Broking - • Open Free Demat A/C wi...
************************************
PLAYLISTS YOU MAY LIKE
Finance/Stock Market: bit.ly/39mKBCn
Political Science: bit.ly/3ap8yJn
Business Models: bit.ly/2vzJ3X2
************************************
Connect with us: -
INSTA: / basic.gyaan
FACEBOOK: / basicgyaan.f
TWITTER: / basicgyaan
************************************
Equipment i use: -
Laptop: amzn.to/32QaSX6
Microphone: amzn.to/2xBYjBO
************************************
About: Hi Team Basic Gyaan is here to share important and interesting knowledge related to Finance, Political science and Trending topics in an easy to understand manner.
For Business Inquiries Email: [e-mail]

[@BasicGyaan]

Watch new videos visit playlist - kzbin.info/aero/PL162Lh3r4z2z5uKKFEp6eHj1g_sJlz02i

[@hariomvitthala]

Sir you dont even know how precious these vedios are for computer science background students...... Thank you so much🙏

[@akshayaggarwal0001]

Very very good information loved the way of teaching waiting for next videos of this series and please make a detailed video of HUF and TDS and TCS

[@aishwaryajaiswal6151]

Thank you so much sir apki video dekh ke mere hr doubt clear ho jate h 🙏

[@mukesh8351]

Sar you explained the about tax very well that was very nice and I want you may continue making the video on the tax because most of the Indian don't know how much tax should they pay and even I wanna know about Income tax filing ITR and your explanation of any topic is very lucid that any one can understand very easily without posting on my mind so much Thanks we are waiting for our new videos Jai Hind Vande Mataram.

[@omkarhirloskar1512]

Great video.. Simple and easy to understand 🎉

[@missratan3635]

One of my favourite youtuber ✨🦋💗u deserve more respect sir

[@deepalikamble3721]

Ap bohot acha explanation karte hai sir u are very intelligent 🤓😊

[@sakshipharate2799]

Thank you so much for this informative video 🙏🙏

[@rohitagrawal6787]

Thank you so much for picking this topic.

[@pareshbavishi3683]

Superb....Thanks.... and I hope next video explain with example

[@avinabochakraborty4241]

verrrry good information. thank you.

[@AsadKhan-dg1sl]

this guy deserves more respect.....

[@souravsarkar-lr1ed]

Acche se samjha nhi pate hai. Sirf bohi samaj sakta hai jinko ae sab maloom ho

[@adityadas8346]

False

[@adityadas8346]

Samjhana hi nahi aata

[@drmahendradamor1177]

Thanks Sir ji for your information 💐🎉💕👌🏼🙏🏼

[@reetcreativehands941]

Thankyou this video is very helpful for me 🙏🙏🙏🙏🙌

[@Taxconsultantancy_.]

Wonderful explanation ❤❤😊

[@suhassawant2605]

Superb explanation 👍

[@madhavsolanki4229]

very much helpful to me !!!😊😊

[@asimkhan28]

Very nice and informative video 👌👌

[@joygorai9528]

Informative video sir.

[@dimpychauhan3388]

Yess sir I also need videos on income tax 🥺🥺

[@saurabhsaud]

Informative 👍

[@jonicandjaden9597]

Very well explained

[@SawanKumar-lt9mw]

Ye sab mene 2nd year pada hua tha , ab aapne revise bh karwa diya,

[@sahidulislam9983]

Please make a detailed video on Capital Gain Tax and how to file an ITR.

[@anjalipal2]

Too good 👌

[@rashmisharma4621]

Nice explanation

[@kallolsingingpage7866]

Sir aap lectures lena start kar do tax par bohot chalega sir

[@sumahaller5690]

Thank you sir

[@rajkumaar1999]

Too good video keep itup

[@anujtiwari6842]

Sir can you please explain us equalisation levy and the BEPS

[@talmeezkhan708]

Wow.. 💞💞🔥🔥

[@homeofcricket1730]

Sir IP&TAFS Officers ke baare me bhi banayie plzz🙏🙏

[@Rakesh-mk8xl]

Sir make vdo on differennt type of bank account

[@shubhisharma5068]

Sir, aap science , k topic p bhi video bnya

[@prashantadebnath3339]

Sir please continue

[@Engineersclan]

awesome 😁😁😁

[@vikramsingh7447]

helpful🤗

[@mehbo0b42]

Mst video ❣️

[@abhishekbhalala5034]

Namaskaram, 1.Sufi and bhakti movements till today bhakti movements in india

[@shubhamkale7064]

Best👍🏻 Accounting Basic pe videos krlo

[@sujanbasnet7752]

please make video on business model please you have seen talent on business case study

[@sanjayshah730]

Please prepare a video on HUF

[@abhishekbhalala5034]

Namaskaram, 1. basic to advance about defense and FDI issue related to defense and What is future in defense AND OUR internal security . 2. basic to advance in biotechnology ( somatic cell ,IVF technique ,GM related challenge in India and world, use cancer treatment neon technology) 3. before and after 1947 till today development of agriculture and subsidy in fertilizer issue, Cooperative farming and modern method of farming, land reform (1947-2020) and WTO ISSUE related to agriculture. 4. INTERNATIOINAL RELATION( INDIA -US

[@dolidas5835]

Tq sir

[@Keyzah121]

Sir,do deductions change;rate of deduction change every year?

[@RamshaKhan-su4kr]

Omg maja aagya padh kr 😣❤😣

[@ramashishkumar525]

make video on how you will edit like texual and pictures

[@kishorthakare5886]

Good

[@rohitagrawal6787]

Sir, should I learn how to file ITR? Iska kya scope hai?

[@manishsingh-tr5rc]

Life insurance pe bhi video

[@ashraffaishalkhan9577]

Sir agr koi commission pr job kr rha ho aur uski income frectuate hoti ho to use kitna percentage tax dena hoga

[@motivationalwithpictures3112]

Please make video on business

[@dhruvjain7934]

Sir please tax ke course ka playlist banayo please sir 👍👍👍

[@pihushri1170]

Sir abhi aane vale DTL ki enterence exam ke bare me question bolo na

[@harry5974]

2020 to 2021 is our previous year and 2021 to 2022 is our assessment year

[@MOHITKUMAR-uc1bf]

Deductions topic video

[@TahireducationAbu]

Nice

[@TahireducationAbu]

Thanks

[@karmveer1181]

Sir मैन पिछले At 2021-22 वर्ष की ITR फाईल नही की क्यूकी मेरा टैक्स नहीं कटा था इस वर्ष AY2022-23 मे मेरा टैक्स कटा है तो मै ITR भरना चाहता है तो क्या मै भर सकता हु कृपया मदद करे

[@svsvj5190]

Sir can u explain with one problem

[@rcreation5767]

Monthly ya yearly

[@shubamdadhwal3497]

Great Video Sir, Just one doubt that you have said in TDS- employer cuts tax from our salary and then gives us the rest of money, So Does all the employers do TDS (is it mandatory?) , if so then does this mean that we dont have to file ITR from our side?

[@BasicGyaan]

Hi shubham nice doubt, please wait for the TDS video all will be cleared.

[@priyashah4860]

@@BasicGyaan I have a doubt, first you said that we don't have to pay tax if our income is less than 5 lakhs but then you said that we have to pay tax 5% if our income is between 2.5 lakhs to 5 lakhs. I don't understand this .please can you make me understand?

[@gauravnayal1699]

@shubham dadhwal For filing ITR your taxable income should exceed Rs 2.5L. It is irrelevant with the TDS. TDS a mandatory deduction from the employee's salary as per section 192 of the Income Tax Act, 1961. TDS is deducted in each and every quarter. You can check your TDS deduction in the form 26AS. Hope you understand, if you have any other doubt I'm free to clear that.

[@gauravnayal1699]

@@priyashah4860 The crux of his explanation is that there is a tax liability to be payable when income is between Rs 2.5L - Rs 5L . But a rebate is allowed under section 87A of the Income Tax Act, 1961 of Rs 12,500 due to which all the tax liability will be 0 and no tax will be paid but you've to file an ITR for that. The tax will become payable if in future there will be an amendment for removing the rebate u/s 87A. Then you'll have to pay the tax. Hope I made you understood.

[@priyashah4860]

@@gauravnayal1699 thanks

[@SIDDHARTH_BHAIYA_91]

Mutual funds on purchased pr tax nhi

[@VijayVerma14326]

Sir thodha hindi me samjao plz

[@Bullbear_trader931]

Sir aap to khe rhay the ki 5 lakh se kum salary pe tax nhi lagta hai aapne last me kha 2.5 lakh se salary jayada hui to tax lagega

[@chandraprakash8165]

Does the income earned from house property in US taxed in India?

[@BasicGyaan]

If a person is resident in india, then his income from any country will be taxble in india

[@priyashah4860]

@@BasicGyaan I have a doubt, first you said that we don't have to pay tax if our income is less than 5 lakhs but then you said that we have to pay tax 5% if our income is between 2.5 lakhs to 5 lakhs. I don't understand this .please can you make me understand?

[@livinusa8701]

Born an investor, always an investor. I don't know who needs to hear this but stop saving all your money. Invest some of it if you want financial freedom.

[@contrerasatkinson2605]

Invest in Bitcoin, gold, silver, buy stock, forex market. Anything! Just invest and save yourself.

[@steveclinth7805]

Good talk! I tell that to my friends everyday. Saving is good investing is much better, I used to think saving money would save me but NO, saving is just keeping it to spend later.

[@sophiechristine8094]

What if you don't know how to trade any of these? I mean, I see your point. Some people have the money and are willing to invest but the problem is where to

[@jackwilson4527]

Sir this is 2021 People who aren't even traders makes money from the stock, crypto and forex markets. These are platform where you can invest and they trade your money. Then pay you profit either weekly or monthly. That's investing

[@michaeljames7404]

My crypto mento, Mr Gregg Randall Fortune runs an investment platform. I paid $3000 just last week and today he paid me $8,000.

[@sushilkumar2816]

Virendrasingh jahangirpur pateta Sarai Vaishali

[@swarajadhav5315]

Sir please tybcom ke liye tax ke lecture banao😢

[@BasicGyaan]

Okay

[@anupam8651]

Income from other sources

[@priyashah4860]

I have a doubt, first you said that we don't have to pay tax if our income is less than 5 lakhs but then you said that we have to pay tax 5% if our income is between 2.5 lakhs to 5 lakhs. I don't understand this .please can you make me understand?

[@urmilvasania7167]

Me too

[@foodatfirstchoice3919]

Bhaiya ji Maine 80k invest kiya now stock price profit 300k, Mera question ye hai ki bechne k baad broker k account me paise aayega tab tax lagega ya jab apne bank account me paisa aayega tab tax lagega....Kuki hum 300k ko firse invest karne ki such raha hu....please answer

[@praneshsawant4137]

Tax tabhi lagega jab stock becha ho. Kiske account me paisa jama hota ho usse koi farak nahi padta. Aur dobara invest karne par bhi koi farak nahi padta

[@yuvrajsinghgurjar2004]

I am watching this video on 31 March 2024.

[@aanchalsingh5071]

Sir 5lac ki toh nil jaati hai aapne abhi toh pehle ye hi bola ki humari income 2.5 se uper h toh itr bharenge lekin tax hum tbhi denge jb 5 lac se upr hogi toh fir tax slab 2.5 to 5 lac ka 5% q

[@nitishverma2188]

2.5 lakh se uper 5 lakh tak jo 2.5 lakh ke amount pe 5% tax lgega jo ki 12500/- ayega and under Section-87A humko Rs.12500/- ka rebate milta hai jisse tax nil ho jata hai.

[@aanchalsingh5071]

@@nitishverma2188 Achaa.. ok thanku

[@D298drg]

सफल 👩‍🏫 सब होना चाहते हैं| लेकिन सफलता 🤑उन्हें मिलता हैं जो कोशिश 🤸 करना नहीं छोड़ते हैं| Please pin my comments bro

[@areyoutaxEFFICIENT]

do you know Legal tax heaven exist india ? Are you tax efficient?

[@anandchandaragi8224]

🌹🌹🌹🙏🙏🙏🤝🤝🤝👌👌👌👍👍👍♥️♥️♥️

[@janny-hn7bq]

Legends are here those exam is coming next day Including me

[@Enjoylife31931]

Thanks you sir

[@kumarsadanand6837]

Thanks sir