Income Tax - How it is calculated?

This is the basics of Income Tax Calculation for those who don't maintain NRI status.

[@pranavtawade6898]

Watching it in 2020. Couldn't be more helpful.

[@bulususaiaravindsarma9617]

ll get an award for that handwriting... its amazing

[@amarnathsinha8527]

Aravind Sharma j

[@smithhaydens2160]

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[@Marinemechanik]

Oh sure. You are absolutely correct. The video is made for Financial Year 2011 to 2012 and for Indians. Thanks for the comment.

[@mddlamini3036]

Simple and straight forward 😊👏👏

[@ravitejvempati878]

thanq very much for explaining about tax calculation in an understandable manner to every one,sir

[@LDR2]

00 op p000

[@InstTaxSolutionsLLC]

The basics of income taxes and calculation are supplied in this video quite effectively.

[@Marinemechanik]

thanks

[@surajpatil2514]

InstTaxSolutionsLLC

[@lonegil]

Thanks , great and simple explanation.

[@beingsahuabhishek96]

realy very good and very use full.....

[@sakshamanandagarwal9684]

God bless u amazing video....helped me a lot....Thank u ☝

[@Marinemechanik]

sure sir. We will do it in the future videos

[@mahendrac.bhaisuperofferin8048]

Very easy method information thank-you

[@mktiwari8523]

very use full information

[@kannanrv5543]

Its very useful to me. and Your speech and very slow to teach. amazing. Understand very well.

[@akberuddin8754]

thank u sooo much now i get it I am in BCOM 2nd year thnkewww

[@knightsaha]

Pls make a new video on the new income tax rate for fy 2017-18. And pls show how the surcharge is calculated.

[@kumarramesh46]

Very Helpful . Subscribed your channel ..

[@Marinemechanik]

we are making it and the video will be live soon.

[@novahj.k5828]

that's good sir. thanks you so much sir.

[@mehaboobsinsy9310]

Thanks madam and sir good explaing

[@moulisaabgaragesarakki2508]

it is explained in very easy way ...thanks for that ... I would like to ask to one thing ...what about the Sur charge of 10%...?

[@nathanindian4151]

thank you, you clarified all my doubts :-)

[@nathanindian4151]

are there any further videos in this series?

[@W.a.s.e.e.m]

i have never seen a salaried person paying income tax above 4,000 INR, NO MATTER HOW MUCH THEY ARE EARNING IN LAKHS. i wonder how do they do that. however, this video is useful and informative.

[@bbsharma3759]

जब सांसदो की इनकम पर टैक्स नहीं है तो फिर लोकतन्त्र सेनानियो की पैशन टैक्स मुक्त क्यों नहीं ?

[@moinm007]

I'm not a finance student so all i'm going to say is Nice handwriting :)

[@thakarsingh7653]

vry well explined

[@kamalkant4825]

ITS IS USEFULL TO ME THANKS SIR,

[@moghalameer6091]

Superb 👌

[@adeelnaouman9458]

Awesome, thanks allot

[@sinlokemp]

very well done!

[@ShashankGram]

well explained

[@ahteshamabidi6493]

BB SHARMA NICE THOUGHT I AGREE

[@sushmithasen276]

+Sriram Balasubramanian Thank you for the video :) But does it mean a person earning 8lakhs and 9lakhs both pay the same tax amount.

[@Ameya274]

+sushmitha sen Yup, they are in the same tax slab of 20%...of course, where the income is coming from also matters, so they might not pay the same tax amount.

[@gurbindersingh5961]

what about other basic deductions that is after paying life insurance etc.pls throw light on them as well

[@mcfgloble2034]

hello sir, I booked under construction property I paid stamp duty registration charges on 22nd of March 2016 my loan sanctioned on May 2016 and I have started to pay my EMI onwards and finally my position of flat will be on April 2017 so my question is how and when I will get tax benefit . and also can I get this year tax benefit against stamp duty in financial Year 2015 to 16

[@SalmanKhan9545]

thanks its useful info

[@vikrantsingh9863]

beutiful hand writing...

[@chandraraochirumamilla5667]

Vikrant Singh

[@dineshchidambaram2224]

thank you So much

[@PradeepKumar-uz7we]

very good

[@ChandraMouli007]

please do for 2017 -18 as per new income tax

[@BaluKudroli]

ಸೊಲ್ಮೆಲು !! ನಮಸ್ಕಾರ !! ಬಾಲಕೃಷ್ಣ ಕಡೆಕಾರ್

[@2471988kumar2471988]

gud one sir!!

[@rajendrabadadha3689]

if I got 4L then how to calculate. you said that 2to 5l is 10% and also the difference is 3l but I got 4L let I consider difference 2l so 2L @10% 20000 is it right or wrong

[@shashikumarrai1372]

Ma'am will 3% charge for education cess levied below 10 lakhs/above 10 lakhs?? ??

[@manjotsinghbenipal1963]

how tax to be paid is to be calculated if income is 150000 will any cess will be paid

[@atulmuley6253]

nice sir

[@somnathchatterjee3273]

Can u calculate for a senior citizen? How much tax o be paid

[@mathiasaidooasamoah4670]

Thanks

[@jamesprejeansr5541]

How long does a tax lien stay on your credit report

[@rockerz242]

can you please explain it for professionals for the year 2013 - 14

[@sushmithareddy6122]

can you please share with me tax calulations for 4 lak employee according to 2017-2018 tax slab

[@MrPraabc]

What a hand writing.

[@raj27ize]

can u tell me how to do it on calculator... so that i can tell my clients quickly

[@manjotsinghbenipal1963]

any why surcharge is not calculated in this

[@saurabhmahaur7581]

cool

[@Lakshmi14mar]

tq

[@madhav260386]

why you're subtracting and calculating tax for the remaining (ex: 500000- 200000: 300000 *10%).

[@tanvisherzade2139]

How is the Calculation of Income Tax Done? The Union Budget 2018 came along with a wide range of developments. One of the most significant advancements is the increment of cess in the realm of Income Tax to 4% from earlier 3%. Know more about Income Tax : www.bankbazaar.com/income-tax.html Know more about Income Tax Slabs : www.bankbazaar.com/income-tax.html

[@bhanuchandarmedasani]

surcharge is cross 10lac or nec 10lac

[@jeetusahu9802]

Tnks sir

[@friendsnewventure2414]

mam for 25 lacks how many percentafe

[@amolrathod7286]

what is rebate?

[@raghukrishna6763]

No sound. How we hear and learn

[@ramshiva4092]

Thanks for this video..

[@SujitKumar-sl8wb]

Nice Explanation ... Thanks for the video

[@gaurishankarbp1]

better you see" government of India e-filing of IT Returns and IT calculator"

[@666shaneika]

I think you should start saying for wich jurisdiction or country this calculation applies for ????????!!!!!!!!!!!!!

[@ramcharantejaaritakula1783]

if we pay insurance is there any tax reduction

[@vikramshinde8313]

lic premium will be reduced from total income up to Rs. 150,000 including other 80C

[@devnathyadav4781]

well

[@ranistar0617]

wt about Nri ..pay tax..or not...????

[@vikramshinde8313]

nri is not required to pay tax in India..

[@sunilkumardhull5513]

sir ab to 2017 end h .to pls old information hatao and new information upload . thanks

[@avannieiee2026]

is that a proper way in putting a comma in thousands

[@chiddchid6364]

yes

[@mvdurgaprasad2787]

what is the purpose of posting like this vedio

[@williamserrao361]

if government reduce the income tax on your income sure more people will come forward to pay tax!! Let's say 50 thousand on 10 lakhs !! and make it simple !!

[@curtino114]

Next time stop moving the camera. It makes me dizzy. Good video anyway.

[@raniyarani3374]

9icc

[@krishgada2506]

raniya rani

[@vincedang409]

thx absoluty nothing

[@umeshchaudhary4899]

such a pity! poor explanation !!!!

[@bruceedward3079]

You need to explain what's up with the difference shit, not useful

[@angelachotig15]

Very nice