New Tax Regime vs old Tax Regime - Budget 2023 | How to choose | with Excel Calculator - AY 24-25

[@thinkingtamizha007]

This video is applicable only from FY 2023-24 as it explains the changes introduces in Budget 2023. For filing returns for FY2022-23(AY2023-24) this video is not applicable. For AY2023-24, please watch this previous video on new vs old tax regime - kzbin.info/www/bejne/iYXNc6yZgbhjgbs

[@vijaybala7283]

😊😊😊😊😊😊😊😊😊

[@creativeminds9315]

😊

[@mariaingnasimuthum1296]

Bro, My net Income 8 Lakh as per new regime and if apply rebate 7 lakh ( 8-7 = 1 lakh) ... So.. 1 lakh have to declare right?

[@jeyasankapgps3137]

Very easily understandable - our job made easy - all the best to you - my personal wishes to you and your family members - well done

[@MsKadher]

Actually waiting for ramesh,Suresh.Asusual excellent

[@abdulvahab.n.m.n.m7491]

Nice explanation thank you

[@ganeshbm4265]

Fabulous job. Beautifully explained. Very useful. Thanks and best wishes. ❤🎉

[@tom4praveen]

Best and easy explanation ! Nandri Tamizha !

[@sharanyakumar2029]

Amna romba thanks... enaku HRA calculation la dha romba confusion after watching this video HRA la clear ah puriyudhu. Thank u so much

[@jancykasthuri5116]

Excellent way of teaching..... The way u explained was amazing enough, where even a kid will understand this.. 👍

[@sairamanathanvs9626]

Well Explained. Thank you for the effort to prepare the Calculator and with the illustrations of different examples

[@jayachandrana2107]

Thank you for your excellent video sir. It clearly thrown light which tax regime one should select. You have also given the excel sheet which is very much appreciated Thank you again sir for your exemplary work and clarity.

[@புத்தகவிரும்பி]

அருமையாக உள்ளது நண்பரே.... வாழ்த்துகள் 💐💐💐

[@jagannathan78]

Excellent nanbare.. wonderful explanation. Nice work on excel sheet. May God bless you to continue your selfless service. ..

[@kumaranr3410]

Very gud imformation , i never seen any one explaining like this. Great work thanks

[@prakashmurugesan1859]

After seeing so many videos about income tax, finally you gave good clarity on it. Excellent explanation sir, thank you so much.

[@thinkingtamizha007]

Thank you brother

[@saranyaramasamy7769]

Very excellent. Thanks a lot I have gone through multiple videos regarding tax but this the one which is very clear and usefull.

[@thinkingtamizha007]

Glad it was helpful.

[@SakthiVel-kc7kf]

Your explanation is very cleared 💯.There is no doubt at all. Good Job Keep it same way to other video also👏👏👏👌👌👌

[@randamumjolymum5547]

Awesome bro.. wait pannen neenga poduvinganu. Thanks 👍🙏

[@Arushachannel]

Very well explained with examples. Thank you so much 🙏🏼

[@eyesonkeyboard940]

சார் நான் home loan வச்சிருக்கேன் சார் .But ஒரு clarity கிடைக்காம தெரியாத்தனமா நியூ டாக்ஸ் சிஸ்டமா செலக்ட் பண்ணிட்டேன். இப்போ இதுல எனக்கு Income tax பிடிக்கிறாங்க plus டிசம்பர் மாசம் எனக்கு ஒரு போனஸ் வந்தது அந்த போனஸ்ல வந்து கிட்டத்தட்ட 10 ஆயிரத்து 500 ரூபாய் டாக்ஸிக்கே போயிடுச்சு . So இந்த இன்கம் டேக்ஸ் pudicha amouny எல்லாம் ITR File பண்ணி refund vaanga முடியுமா?

[@karthikkarunakaranmenon6785]

Very nice... Thank you very much for your effort in taking time to break down and also to give a calculator.... Romba Nandri...

[@arulsakthivel6099]

Bro. Please explain one separate video for how to file ITR for capital gain on investment. How to calculate it with new regime. Like how much longterm capital gain benefits and which ITR form should we choose. Example if we get longterm capital gain 5lakhs and all other income 2.40 lakhs so here do we still need pay tax or not?. Thanks

[@Ajithram-h8q]

This Excel allows us to add even 10L in the "Housing Loan Interest" which makes the tax 0 under the old tax regime. We have some limits in there as well right? Can you clarify, what the maximum amount can be deducted under this "Housing Loan Interest"? Thanks. Apart from that, really appreciate for sharing the knowledge with a huge effort. Thank you!

[@lakshanya749]

Thank you so much. Very much clear even for the common people with no math base.

[@krishnaswamyarumugam8611]

Very good and easy to understand explanation.Thank you sir.wish you all the best.

[@thangamaniramachandran1916]

very, very useful. narration was so clear .Thank you so much

[@princesamson698]

Thanks for your help. Two clarifications please: 1. I have been paying Tax under old regime. Can I opt for new regime for FY 23 ( in the old New tax regime). 2. How is interest on deposits for senior citizens treated under the New Regime?

[@knowledgetamizhaa]

1. Not possible sir. 2. No deductions allowed

[@shanmughapriya355]

Outstanding bro🔥 super explanation thanks alot for this video 🙏

[@lekhashrikumar2854]

Thank you so much this is very helpful appreciate your efforts wish you more success.

[@sophiauthirapathi2146]

Highly appreciated your hard work. It is very useful for us.

[@belindaalbert-q3l]

Very clearly explained with effective examples.

[@chinniahe9033]

Sir, you have explained to understand very well.

[@veeraloganathanvvs5495]

Really very good explanation... Excel rmba helpful.. thanks bro .. like that I need a video about chit fund return calculation... Chit fund means not a regularised fund. . in our area some influence able problem doing that .. need a proper comparison and Excel bro

[@prasadkrishna9978]

Please chit fund calculation epdi nu solunga. Enaku therinju chit fund la 1 cheetu amount collection pandravangaluke porium. But ithula fixeda same amount illama increase agite pogum.

[@dpdjv3450]

Will post this post in my status, nice clear video Sir❤ thank you so much

[@gunawathybalakrishnan1998]

Superb explanation...wow wow I must appreciate your dedicated service mind to help மக்கு like me ❤

[@thinkingtamizha007]

Nobody is makku mam!!

[@vidhyadharan4806]

Thank you so much for the explanation with the example and calculation. It is really helpful..

[@thinkingtamizha007]

Glad it was helpful!

[@PavithranRajagopal]

Thank you for the detailing!! It helps me to get clear understanding

[@vishnusooriya9956]

Dear Brother, Your Explanation has good and excellent 💯✌👌✋🖐👏👏👏

[@esakkis9727]

Thank you for your effort. This is really a useful video. I request can u add any of interest(bank FD) on top salary in that example

[@sathyamanju6818]

your explanation is very clear thanks a lot...

[@gowthaman.s]

Thankful for posting worthful content👌👌 for middle-class peoples.

[@arunshankar5421]

Vera level examples and explanations, Thanks for the video.

[@aravindana8358]

Thank you very much for your effort to prepare this calculator. To increase the utilisation of this calculator pls create a field to enter other income as well to calculate tax. Like house rent and other interests.

[@sathish4330]

The best explanation on tax regime on the internet. Thanks bro ,Very helpful

[@thinkingtamizha007]

Thanks for the kind words bro

[@prasannavaishnavi3815]

very well explained no more questions.... thanks lot....

[@HARIPRASAD-ns7el]

Very good explanation video thankyou so much

[@venkatp1979]

Good analysis, clear explanation thanks for your effort and sharing 👍

[@Myprofile124]

Hi bro, your sheet worked 100% accuracy on calculating the new and old regime tax. It helped me in selecting tax option

[@thinkingtamizha007]

Good to know

[@joshdhiwa]

Thank you so much. Video is informative and in addition that you are giving the tool you developed to user to work on the Tax regime. Really helpful. Keep up the good work brother.

[@raghulee]

Excellent Explanation. Very simple

[@stalinjoseph9902]

Thanks for your wonderful explanation

[@TheSimonvijay]

Great explanation. Good work. Very useful

[@pradeeps7029]

Fantastic effort and work. It was helpful. Thank you and best wishes to you.

[@thinkingtamizha007]

Glad it was helpful!

[@ramukrishnasamy6913]

A very good effort and useful exercise to explain and make the reader understand the nuances of new tax regime

[@ramven85]

thank you. neatly explained. which one should i stick with ? if new and old regime are same for me

[@ravisofts]

நன்றி. புரியும்படி உள்ளது👌

[@santhoshm7924]

தலைவா...அப்படியே LTCG and STCG share market example வச்சி ஒரு வீடியோ போடுங்க.....

[@anjugamarjunan2515]

detailed explanation. thank you sir

[@mathurkarunakar5716]

Very beautifully explained. Thank you

[@alagappans575]

BEST VIDEO IS TAMIL REGARDING INCOME TAX CALCULATION. IF YOU CAN UPLOAD IT CALCULATOR WITH RENTAL INCOME, CAPITAL GAINS ETC IT WILL BE MORE USEFUL.

[@amsa05be]

Excellent explanation sir. Thank you.

[@karthikamanavazhagan3508]

Very useful video... Thanks for Excel sheet 🙏🏻

[@shyams7962]

Very helpful in understanding the new concepts

[@maheshmartin9075]

Sir section 14(i) and section 14(ii) molanmaga exemption irrukku but Excel sheet la add pannura option illa

[@MalarBharathi-yx6gi]

Pakka explaination 👍

[@prlmurali]

Wow.. simply superb. Excellent content and beautifully explained. Crystal clear illustrations ❤

[@sriramaudit2239]

Thank sir super explain excel not come editing option only view

[@rajkumarvaiyapuri2103]

Clear explanation thankyou

[@subbiahsubba6865]

@Thinking Thamizha Excellent Video sir... If Property Tax Rs.2500 is applicable to deduction in New Regime sir

[@suryaprakash5681]

Semma bro, totally worth watching, thanks much..

[@shobhas2812]

Beautifully explained and well crafted. Appreciate the effort.

[@RajaGiri_tvpm]

Old Regime and new resume Pensioner ஏப்ரல் 20ஆம் தேதிக்கு முன் ஒரு ரெஜின் செலக்ட் செய்து- ரிட்டன் file செய்யும் போது மாற்றம் செய்ய முடியுமா என்பதை மற்றொரு (வீடியோவில்) சொல்லுங்க நன்றி

[@sureshkumar-xw1jq]

Good one....Basic salary, Monthly rent and HRA Exemption kum formula pottuta innum nalla and easy ah irukumae... 🙏

[@thinkingtamizha007]

Videos already there for - Payslip (basic, HRA etc.) ; How to calculate HRA exemption. Please check out our channel videos

[@premsagar8265]

Thanks first - Clear explanations . Good job!!

[@balachander007]

Wouderful information thank you so much

[@prabhuabi1810]

Romba thanks pa, 80u - Disable individuals applicable for new tax regime? Please confirm pannunga

[@sivakumarm5289]

Hi bro thanks you explain but small doubt new regime tax example 7L then how to calculate tax 1.65 L

[@ashashyamsundar3088]

Thank you so much for the clear-cut explanation and the calculator downloadable option.

[@arunn7970]

Nice presentation and nice explanation as well. Keep it up 💯

[@TKPadmaRao]

Well explained. God bless you

[@s.parthibanparthiban3103]

Well defined and explained. Regards

[@manikrish5741]

very helpful excel calculator. It works fine except it allows interest on housing loan beyond limit i.e 2laks. Pl correct.

[@VinothKumar-hw7ud]

there is no change in new regime when you update the salary 10L @timestamp 14:31. Total tax for 10L is 52500 remains unchanged.

[@sukavarans7684]

thanks for usefull video sir. great effort sir.

[@omiconengineeringengineeri4315]

Excellen, Very useful for evereveryone...

[@m.sathishkumar6603]

Hi, thanks for your video. You applied rebate for 7L in 1st example of 7.4L revenue but not mentioned in 2nd example of 16L revenue. Could you please clear me that is not applicable 7L above of net taxable income.

[@ramadossr6888]

Under new regime, when up to Rs.7lacs exemption is there, for whom the tax rates will get applied as it start from Rs.3lacs?

[@karthick15dk]

Thanks friend! What a clear explanation

[@Kavithomas_Engineer]

Thank You So Much Sir! Wonderful Video, Life Saver❤😊❤

[@ramyababy874]

Superb. Excellent effort. Keep going.

[@mohanrajshanmugam4585]

Very useful sir. Thank you so much..

[@sat2008c]

Excellent work and explanation

[@Prem-xv6rt]

Thanks for provide Excel calculator Sir, In addition Need to know how to calculate for Senior citizen the same calculator is applicable ? Please clarify?

[@iyyappangopal2916]

Nice, Very well explained. Thanks

[@okcjikdjrbjdna]

If you had selected new tax regime this year, then next annual year u r tax planning to select old regime, means can we switch vice versa or not? But if we are selecting new regime, does it makes me to select new regime for every annual year permenantly?

[@ponmaniselvank2586]

It's very useful and very easy to calculate the tax slab.😊

[@ravikumarn6876]

Very useful. Thanks for your effort. Above 15.5 L standard detection is 52500 instead of 50000. Please update in the excel. It will be helpful for others. Thanks.

[@thinkingtamizha007]

No.. thats not right understanding. 52.5k is the reduction in tax for people with more than 15.5L based on new slabs

[@ravikumarn6876]

@@thinkingtamizha007 for more than 15.5 L, the new tax regime Standard deduction is 52.5k which is not included in your excel sheet calculation.

[@hhhfku]

Sir, vera level useful. Can you please tell which software you used to make the video content?

[@kumararun8337]

thank you sir, we'll explained ❤. Subscribed immediately 😅

[@bayisha4290]

Super information sir Useful for me

[@muthukumaranannamalai5427]

Sir, you have missed to include employer Nps contribution on new tax regime

[@jayakavitha8999]

You're doing great 👍. Excellent explanation 👏