Save Tax Upto 15 Lakhs Salary | 15 லட்சம் சம்பளம் வரை வரி சேமிக்கலாம் | Investment Works

[@investmentworks]

Links for the platform : Main Website URL: www.theinvestmentworks.com/ Store Page URL: www.theinvestmentworks.com/s/store Membership Links: Gold VIP Membership - www.theinvestmentworks.com/courses/Gold-VIP-66155e43094fdf454d2c675d Silver Membership - www.theinvestmentworks.com/courses/Silver-66155df7495d3c5a40558fde Bronze Membership - www.theinvestmentworks.com/courses/Bronze-660c39999eb8df405f2e70e0 Course Link : Basics of Stock Market - www.theinvestmentworks.com/courses/Basics-of-Stock-Market-65d46335e4b0e1efdd69b7c7 Join Learner's Community - kzbin.info/door/UMywaD6rebp1ibAMKVM3Hgjoin For market updates, selling and buying of stocks in my portfolio. Question and answers related to investment. Link to download the Excel sheet - Financial Planning Worksheet for 20 to 30K Salaried people, topmate.io/ayyamuthu_archunan/605041 For one to one financial consulting discussion, please booking meeting this link, நிதி ஆலோசனை கலந்துரையாடலுக்கு, இந்த இணைப்பைச் சந்திக்க முன்பதிவு செய்யவும் topmate.io/ayyamuthu_archunan Mail► [e-mail] Instagram► instagram.com/investmentworks/ Telegram► t.me/investmentworks Facebook► facebook.com/profile.php?id=61550530953119

[@thomasbosco1968]

Nice illustration. You can also mention if the taxable amount is less than 5L, then NO need to pay any tax. But, at the same time if the taxable amount is 5L and 10k, then need pay Rs.12500 for 2.5L @5% plus Rs400 for 10K @20%.

[@investmentworks]

Tax Calculation in Excel: docs.google.com/spreadsheets/d/1cf5QHaJWaOAcp37EnS1PPCpkFaFXrZXm/edit?usp=sharing&ouid=100516961241995247600&rtpof=true&sd=true

[@investmentworks]

Gold Investment Schemes / 50 % loss while investing in Gold Jewellery. Please click and watch below link kzbin.info/www/bejne/opfNYmaumtWhsJI

[@investmentworks]

"Beginner's Guide to Bonds: PART 1 of the Series" | Bond Explained kzbin.info/www/bejne/jXfEmKduppqYp7s

[@investmentworks]

Renting Vs Buying House - Simple 3 Steps Framework to Decide before investing kzbin.info/www/bejne/iJDRiHuZicyKi68

[@Aryan30161]

Clear explanation 😊

[@investmentworks]

Top 5 ITR filing Mistakes to get INCOME TAX NOTICE | Income tax returns filing AY2023-24 | Bonus information in US stocks taxation and Cryptocurrency taxation kzbin.info/www/bejne/f3LIko2Xq5t_btk

[@lovecheck1064]

Super informative brother ❤❤

[@investmentworks]

Sovereign Gold Bond - Advantage and Disadvantage - Complete Video with full details kzbin.info/www/bejne/oWXWq4qeeZl4f7s

[@investmentworks]

Sovereign Gold Bond Scheme 2023-24 Series I | Sovereign Gold Bond Scheme 2023 - Complete Video kzbin.info/www/bejne/eH-UgWWaq5eFotE

[@Arasan_852]

Bro oru doubt, My net salree is 753365, So shall i put 2 days loss of pay means, i can go by New tax regime ah?

[@Arasan_852]

Option irukka?

[@VimalJesintha]

Clear explanation... Thank you sir...

[@investmentworks]

You are welcome

[@shadrachsamuel9638]

Thanks to clear explanation ...

[@investmentworks]

You are welcome

[@krithikal5441]

Highly helpful...Thanks alot

[@veluvelu6728]

Hi ayyamuthu bro nan ungaludaya stock's fan

[@investmentworks]

Thanks Brother

[@malarvizhis5570]

Nicely explained :) Super Ayyamuthu

[@Abcd-cy8pr]

Thanks Boss... it's a Great presentation...

[@mohandoss8648]

Good work, thanks 👍

[@bhuvaneshparthiban9591]

Thank you very much bro . Clearly explained ❤️

[@kameshwaran4318]

Do we really need to invest in schemes and declare? IT dep will ask proof for investment?

[@rajausain8371]

Thanks for your clarification...

[@suriyagunabalan]

Thanks for the information bro✌️

[@WalterwhiteAlbuquerqueNM]

Super bro... Really helped!!

[@mareeswari.s6101]

Super bro.. very useful for beginners 👌🏻🥳🥳

[@nainamohameda233]

Fantastic explanation

[@elayas9026]

bro, seriously no one said that 1,28,400 only you can save by using 80c if you already have EPF. I was so confused, now I am clear. Thanks bro!

[@devidhurkha6606]

Thanks thambi . Really you are great

[@sravanimullapudi4527]

Very good info bro ❤️

[@sathishkumarjayaprakash3331]

Very informative bro

[@pravinchellathurai5714]

Anna LIC, Posr office scheme elllam ethula exception agum

[@investmentworks]

All sections of income tax deduction along with amounts. Please watch below video kzbin.info/www/bejne/ZmbCgZKKgtt0Y8U

[@DhaYaaSKitchen]

Sema bro.. Very usefull...

[@imcthamizha7904]

Thanks so much for the clear explanation bro. Cal you please give us the access to the sheet. Many of us waiting for that. Please help us. Thanks again 😊☺️

[@umap177]

Nandri

[@mohammadhussainbac6799]

Good explanation

[@ManjuDurai-m6o]

Clearly explined.but i didnt mention the house interst upt9 2 laks

[@investmentworks]

How to do fundamental analysis on Stocks kzbin.info/www/bejne/fYDRf2N-aJyEn5I

[@shanmukarajansubramanian4029]

Good explanation please mention about the medical expenses of parents

[@fahimali2833]

Very Useful Video

[@venketraman]

is this same applicable for this year also?

[@selvamani6217]

sir one doubt if we are investing almost everything to reduce tax then at the end how much we have in hand to pay for our needs and wants as per ur example of 20 lakhs earning person can get only 10 lakhs so his inhand salary almost reduces drastically then how he will be benefitted??

[@googleprivacy1515]

Good question. Think long term. If you didn't invest that amount and just paid taxes to get more in hand salary, that will not beat the inflation. Inshort, you are investing to beat the inflation and that amount will come to you MORE depending on investment instrument. AND THAT'S HOW YOU WILL BE BENEFITTED IN THE LONG TERM.

[@rajkumarcv2893]

Awesome video.

[@arivarasana3743]

Excellent video.....

[@sathishkumar-mh9oe]

Ithula LIC ethula bro declare pana mudium ?

[@amkviralworld]

I have three question 1, my long term profit 98000 Rs and i am Salaried person my income per year 6 lakhs so can i IT filling 6 lakhs or 698000 2, divitend per year above 5000 rs in single stock or 3 to 5 stocks above 5000 rs eligible for tax (infy- 2000rs, Tcs-1500 rs, ITC-1500 rs) 3,if I am getting profit LTG Or STG profit amount hold in my demand account without my bank account transfer and i invest same day new stocks purchase whole money it's eligible for Tax Please answer my question.

[@madhavanp.s6596]

Super video 🔥

[@chrishragu755]

Bro wife ku insurance edutha, atha claim pana mudiyatha?

[@vijayumalifestyle3917]

What ever we give documents does our HR evaluate?

[@Hobby1640]

HRA should be 40% of Basic for non metro cities and 50% of Basic for Metro Cities

[@ouridea1015]

I think 15.30 is wrong calculation, Other thinks looks good thank you

[@ssr1327]

Good one bro..

[@gokulp3271]

Nice video bro

[@thiruarasu9957]

80D Medical insurance premium for self n dependents - Rs. 25000 tax exemption

[@Sangeekarikalan]

Anna can we do both Sukanya samruthi scene and mutual fund ELSS?

[@investmentworks]

yes

[@sajukaavadapadikkal1702]

NPS contribution i have a doubt 80 CCD (IB) Can be invested only if NPS (80CCD) 1.5 L is invested ?

[@investmentworks]

Yes, you need to invest 80c 1.5 lakh and then you can invest 50000 for NPS which is additional benefits

[@ArunKumar-mc1xi]

@@investmentworks what about 80CCD(2) (employer contribution) bro, do we need to declare?

[@ramamoorthysarangapani7258]

I am a super senior citizen having net taxable income exceeds Rs 5lacs for fy 22-23 pension plus.I have to pay tax only for the amount exceeding Rs5 lacs? Or to pay addl amount of Rs Rs12500 from 2.5 to 5lacs? There are different version pl clarify namaste

[@investmentworks]

Based on the tax slab you need to pay EG: 2.5 to 5 lacs - 12,500 5 to 7.5 lacs - Whatever the amount you have Total tax of both

[@MaNi_Ram]

Bro, Housing loan iruntha athalam ethula varum nu oru video poduga

[@investmentworks]

sure I will create seperate video.

[@RamKumar-ht8zr]

Ppf la 1.5lac investment pandra tha eppadi?yaarkitta declare pannanum

[@investmentworks]

you can buy through bank

[@DhaYaaSKitchen]

Explain how to fill in ITR portal for above pay scale

[@investmentworks]

Sure I will put video in future.

[@dondiso1136]

Leaseku tax benefita iruka?

[@peterg5497]

19thousand and 42 thousand and 400 rupees, at4:09 please change that

[@investmentworks]

Sure we will change it. Thanks

[@investmentworks]

Sure we will change it. Thanks

[@prabakaranp2947]

LTA fullah claim panna mudiyuma

[@vigneshthanasekaran2243]

Hello brother...Thanks the video was much useful!! but unable to access the excel file can you please provide access?

[@investmentworks]

Please use this link bit.ly/3qe2ddP to download

[@SakthiVel-rj9uh]

What about veriable pay??

[@investmentworks]

You need to pay tax. If required we will create another video for this.

[@divi347]

I'm unable to edit the excel sheet bro.

[@investmentworks]

You can see the link in first comment. You can download that excelsheet.

[@itsaj21]

Nice explanation brother. I just have one doubt. After we get the net taxable income after all the deductions we have Tax rebate right under 87A which would minus 12500 rs from the net amount right. Correct me if I am wrong.

[@puhjeithaamohan2826]

Bro that rebate is applicable only if the net taxable income after all deduction is Rs.5 lakh or less than 5 lakh.

[@investmentworks]

Yes, you are correct

[@imcthamizha7904]

@@investmentworks Brother please share access for the sheet. It'll be so helpful to many of us.

[@Arasan_852]

My net salree is 753365, So shall i put 2 days loss of pay means, i can go by New tax regime ah?

[@investmentworks]

If you invest in 80C and other section and show as investment and use old regime for ITR filing

[@rajaramrajaram9391]

Where is the itr calculating sheet

[@investmentworks]

It is available in description brother

[@Aishwarya3093]

NPS details please

[@thangaraju2505]

Bro 19K No -- 19L...

[@nagavinoth]

Hi Bro intha "80D - Medical Expenses incurred for Dependent Parents above 60 years without insurance" ithuku documents submit pannanuma?

[@investmentworks]

For all medical expenses for parents we need to submit the documents for IT filing.

[@jaffer001]

இலட்சம், ஆயிரம் சரியாக சொன்னால் நன்றாக இருக்கும்!

[@mrmuthu29]

Can't able to download that excel sheet bro ...

[@investmentworks]

Please use this link bit.ly/3qe2ddP to download

[@AshfaqAhmed-ww6fq]

Sir spreadsheet edit excess illa

[@kalpanar4162]

Sir fd la 5.5 lakhs , I have no other income should I file tax

[@investmentworks]

If it is more than 2.5 lakhs then you need to file tax

[@balmvary]

can't edit, change

[@saivasanths4409]

HI, i am not able to access the Tax Calculation in Excel. its asking for permission

[@investmentworks]

Please use this link bit.ly/3qe2ddP to download

[@vijaiamr]

Not able to download Excel file sir please help me with approval

[@investmentworks]

Please use this link bit.ly/3qe2ddP to download

[@jayalakshmij6421]

Hi Can I plan investment for FY 2022-23 now? Will I get complete refund through ITR?

[@investmentworks]

Yes, you will get the complete refund through ITR if you do the investment now for FY 2022-23.

[@siva01sankar]

4:08 Lakhs

[@googleprivacy1515]

If CTC is X LPA, Basic will be 30 to 40 percent of X. HRA will be always 50 percent of Basic. PF deduction will be 12 percent. Your video shows basic 66667 and basic is 50000?which Indian company is giving that bro? Anyone can save tax with that HRA exemption.

[@investmentworks]

It is an example scenario and if your salary is more than 18 lakhs then your basic will be more than 50,000.

[@googleprivacy1515]

@@investmentworks but I'm just quoting your shown example here. If basic is 66667, then HRA allowance cannot be more than 50 percent of Basic i.e. 33,333. Anyway thanks for your effort in making the video and prompt response. Keep up the good work.

[@venkateshg8496]

bro 2.5l to 5l la.. 2.51 na kooda fulla katanum ah ila only 10% ah

[@thatdumbguy2800]

You have to pay 1000 x 5% which is 50 rupees as tax.

[@ananthkumar6985]

Hi bro .. other than 80c.. do we have any tax saving scheme.. it should be returnable.. other than medical and lic . Like NPS or other's

[@investmentworks]

sorry no other tax benefit is available other than 80c and 80CCD (NPS50,000)

[@KR-wk9tl]

Sir oru doubt... Yearly 15 lakhs current account la erutha .. 5 lakhs ku mattum tax kattanuma ? Ilana 15 lakhskum Sethu tax kattanuma sir?

[@investmentworks]

Hi, If you have 15 lakhs you need to pay tax for the interest amount earned from that 15 lakhs. If you are earning 15 lakhs as salary then you need to pay as per the tax slab after showing your investments. Please let me know if it is not clear. Thanks

[@balajiuhtaya8800]

Sir kindly share that excel sheet

[@investmentworks]

Please use this link bit.ly/3qe2ddP to download

[@gsgpy5873]

Nice Video Bro, But a small doubt, What could be the section for children school fees and what is the limit of tax exemption for the school fees. Please let know.

[@investmentworks]

Section 80C of the Income Tax Act has provisions for tax deductions on tuition/education fees paid by a parent towards educating his/her children. Taxpayers can avail deductions to a tune of Rs 1.5 lakh under Section 80C (as per 2020-21 tax slabs), with other investments also eligible for this rebate.

[@sheikali5459]

Do we need to provide house owner pan card if we are mentioning more than 1 lack in hra exemptions. If house owner not provide pan card, does they accept for more than 1 lack

[@investmentworks]

It is mandatory to give owner pan card if the rent is more than one lakh per year.

[@sheikali5459]

@@investmentworks Is House owner needs to pay income tax for that HRA amount ?

[@sangeethavinayakamurthi7799]

1370000 new tax regime la 132000 tax varuthu so New Tax regime better

[@bhagavathaa8914]

Bro, I didnt planned for any tax planning at intial stage . And the tax declaration is done for the year. Later if I plan for tax benefit means can I edit the declaration or can I reimburse while filing at the end.

[@investmentworks]

Bhagavath, Eventhough you have not planned for tax at initial financial year and at last planning and investing in 80C for 1.5 lakhs you can get the tax paid amount to Government through IT declaration. That is you will get the refund from government on how much you paid. Thanks

[@MaheshKumar-fw5sz]

@@investmentworks Hi bro...If we didn't submit tax declaration form means what will happen..?

[@meshachleudin3145]

excel sheet is empty

[@prabakaranp2947]

arasiyalvathi naekulukku 100% am child trustku less % yellam arasiyavathigal panna velai

[@sathishkumarjayaprakash3331]

sheet download link pls

[@investmentworks]

docs.google.com/spreadsheets/d/1cf5QHaJWaOAcp37EnS1PPCpkFaFXrZXm/edit?usp=sharing&ouid=100516961241995247600&rtpof=true&sd=true

[@raveenaathi5283]

Only land loan mattum entha section la varum broo?

[@investmentworks]

Under 80c section, you can avail a deduction on your plot and home loan component, which deals with the principal repayment and does not consider the interest part of the home and plot loans. This allows a maximum exemption of INR 1,50,000 per year from your annual taxable income.

[@Venkateshsachi]

Ellam invest panna kaiku onnume varathu

[@investmentworks]

This explanation is in general for people to know if they are earning more than 20 lakhs still they can get benefit out of tax systems.

[@sathishkumarjayaprakash3331]

Need new videos

[@investmentworks]

sure I will put new videos

[@SivaKumar-dd3zn]

Dear sir, Can you given consulting me about ITR filing. How to I contact to you?

[@investmentworks]

Hi Sir, Sorry for the delayed response. You can send your queries to [e-mail] we will definitely help you.

[@TrueGod2024]

I need some tax declaration advice. How to contact you bro 🙏

[@investmentworks]

Please send a mail to "[e-mail]" our team will give reply as soon as possible.

[@ratnakantharaj6886]

Nice explanation brother.. Thanks!

[@investmentworks]

Thanks for the comments.