TAX SAVING: 5 Mistakes To Avoid in ELSS & NPS Investing!

[@ayansinha4039]

Sundar sir only deals in cores so he have mistakenly said 1.5 lakh as 1.5 core 😂

[@gajendarsinghrajpurohit17]

🤣😂🤣true

[@tamilkeerthi]

😂🤣😀❤️

[@shaikazam6614]

😂

[@kw9494]

You can withdraw the entire amount in NPS, if the accumulated balance is less than 5 lakhs. Few days back, the lock-in period for people not in full time jobs ( small business, unemployed / living on investments etc) has been reduced to 5 years. For others it is 10 years. So start investing 50K every year at the age of 55. Get the tax benefit every year. At the end of 5 years, when you reach 60, withdraw the whole amount tax free ( assuming it will be less than 5 lakhs).

[@nelaticketfilmreview8056]

I think its less than 2 Lakhs, did it change to 5L recently??

[@ratheesh489]

9:14 , 1.5 Cr?

[@SasiKumar1986]

@@ratheesh489 he got used with Crores and not with thousands.. That is why.. :) not his fault..

[@kw9494]

@@ratheesh489 That is slip of the tongue. Can happen to anybody. Correction is displayed on the screen.

[@kskshankar2003]

can u share yje relevant notification on nps withdrawa;

[@djankoulrea3463]

Through corporate NPS there is additional tax benefit , section 80CCD2 ( contribution by employer). where in you can put up to 10% of basic pay and get tax exemption. This is on top of the 50K in 80CCD(1B). But it may available only at selected companies I guess.

[@ashwinsnmv]

That's only for govt employees

[@djankoulrea3463]

@@ashwinsnmv No its there for private companies too whoever is participating in the scheme. I had it in my previous company.

[@parry90deep]

Correct 👍 Now private companies started corporate NPS for tax saving of thier employees.

[@YourSPR360]

In ELSS , if you are investing by SIP , every sip instalment considered as a lumpsum installment.Which means every sip installment will have 3 year locking period..

[@nayanan4394]

No ,mirae asset scheme you can withdraw

[@kumarasrinivas3295]

Sir. Why SEBI not allowed index fund for ELSS eventhough it is a better valuation and lesser fund management charges?

[@ericalorraine7943]

Right said! I am also looking for a more smart way on investment, any idea here?

[@harsharoyal5927]

They won't get profits in it dude 🥲

[@alokkumarnyati]

Yes, sebi should allow.

[@finance.boosan]

SEBI started allowing Index based ELSS

[@vikassaluja6444]

Small correction Sir, Max 75% one can invest in equity in NPS not 100%.

[@InfoTrendvlogs]

Right

[@Amarnath925m]

@Muthu Krishnan NPS Tire 1, tire 2 no tax benefit of 80ccd.

[@RajKumar-ds1qv]

@Vikas saluja what will happen if I quit nps investment in between?

[@PRANAVMAPPOLI]

@@RajKumar-ds1qv do you get ans?

[@raghuram8645]

Investing in only one elss fund may not be right , choosing atleast 2 to 3 best performing elss funds with stable management,historical cagr returns ,consistent ranking etc is more better.. diversification is always good in every asset class..

[@sidharthb3538]

video starts at 3:41

[@dont_talk2me]

Tx

[@saikiranlankalapalli9106]

Kindly suggest the best alternatives to ELSS Mutual Funds for long term wealth creation in the New Tax regime with similar returns. I'm currently investing in ELSS, Flexi, Mid Cap & Small cap mutual fund each & NPS separately

[@mahadevubasavaiah5192]

Thanks PRofeSsor.

[@jacobzachariah9756]

Is it advisable to invest in ELSS fund for the sole benefit of better returns even when one doesn't . require tax saving investment ? ( tax saving is taken care of by PPF)

[@sakkubabu5933]

Sir you are very good explanation with simple language...tq sir

[@challurivenkatesh6386]

Hi sir 5paisa brokerage how much AMC or per month charges tell me sir

[@udai4k]

Sir is long term infrastructure bonds 20k still available for Tex exemption?under 80CCD

[@mukunddasari]

Sir I watched your video It was informative but got few doubt Please help me out. 1) One of my ELSS fund got over, I didn't withdraw the money. So can I still show it in 80C ? 2) Can I resume in the same ELSS again once it get over ?

[@techtelugu9757]

Skip to 3.41 directly..

[@pradeeppawale7547]

Once your elss matures after 3 years , continuing is not a good idea. Instead withdraw entire money. Take out 1.5 lac out of proceeds and again invest same amt in elss a fresh to get again tax benefit a fresh on same money. Amt recd over and above rs 1.5 lac , invest in nps. Continue this cycle

[@shamikghosh7303]

Why not link your investment in ELSS with a financial goal and keep investing till you achieve the goal? Taking out money after every three years doesn't seem like a good idea. What after 2 years of good performance, the market turns bearish and falls on the 3rd year?

[@aashiq2410]

What benefits FinBingo is getting without charging any commission?

[@VastKnowledge2023]

Personal details for cross selling

[@sureshbabugunakala]

Sir, in ELSS, one should opt either Growth Scheme or Dividend Scheme, if chosen Divided then, one should opt of Divided Payoff but not Divided Reinvestment as Dividend Reinvestments also have three years lock in period and that loop will not end easily......

[@jeyarajt5974]

I used to withdraw the dividends under dividend pay off every year and myself will deposit the amount with some extra amount to save tax for that year.

[@narendrak8425]

My main fear is that slowly govt want to push people to new tax regime. Then all these tax savings might become useless.

[@vigneshs3378]

Correct useless goverment

[@aswinijayanthi1531]

Good afternoon sir. I see ur adani call /put 1500 pe is going down but 2200ce simply super its run neaŕ 30. Howsome siŕ. So this week post any of that call like.

[@Bharat0316]

Sir please make vid on how NRI can do options trading in india. What are the process, tax etc..

[@aswinijayanthi1531]

If u have demat account once . The broker will activated that FNO SEGMENTS so finally u should tread that account easily

[@Bharat0316]

@@aswinijayanthi1531 are you trading as a NRI ?

[@aswinijayanthi1531]

S

[@Bharat0316]

@@aswinijayanthi1531thanks for reply. which broker are good for overseas (NRI) trader

[@rahuljat497]

@Sundar Sir I have one query, can we pledge this ELSS SIP's to our broker (in mine case it's Zerodha) for margins

[@praveenlone2793]

NPS has additional benefit of 50000 over and above 80 C limit of Rs. 150000, every one should take benefit of this. As i m government servant. i know this. This is for all

[@AjeetSingh-pz9ub]

Hi @praveenlone2793, Can this be done every year, suppose your benefit is 10 lakh every three years, can you save 2 lakh every three years or not?

[@praveenlone2793]

@@AjeetSingh-pz9ub yes, u can save rs. 50000 additional every year.

[@praveenlone2793]

U can also save 150000 under NPS if not shown in 80C

[@johnfinny100]

Can we have lumpsum every year in Elss because every month if invested will have 3 years lock in period

[@srinandanrao]

Avoid NPS if salary is low. Read terms and condition before investing in NPS.

[@murgesheshwar]

Is it good in investing in insurance stocks since most of them will go elss now to avoid tax

[@priyasenthil1970]

In NPS only 75 % is Max for equity

[@ChetanVithlani]

that's correct @Priya, good catch

[@BabaYaga1136]

For Government employees its 50% max for equity.

[@sivadarshan8699]

At the time of withdrawing ELSS amount whether the amount is completly exempt or only upto 1 lakh LTCG amount. If it taxed at what rate.

[@Numb2800]

Sir I have invested my money in mutualfund at my bank how should I use as collateral in my trading account

[@1aZoOs]

You cannot give those mutual funds as a collateral. If your bank and broker are same like HDFC, ICICI , KOTAK then maybe you can otherwise you will have to buy them at the stock brokers place and give collateral over there.

[@Numb2800]

@@1aZoOs ok thanku

[@Numb2800]

@@1aZoOs does the sebi is going to stop mutualfunds as collateral by this month

[@1aZoOs]

@@Numb2800 No they are not stopping, I've not heard of anything like this as of yet.

[@dr.arunachalam9604]

@@1aZoOs True

[@murgesheshwar]

Sir I have a question, yesterday icicidirect was down in a peak hours. Soo many would have lost money because they couldn't access. Will icicidirect should compensate the loss?

[@dont_talk2me]

Hahah good luck with that

[@rsureshkumar2091]

Kindly read terms & conditions in their page....

[@1aZoOs]

No, they will not compensate. The incident is like a road accident, though fault was not yours but you are hurt because of someone else.

[@WiseWizard100]

They won't 😂

[@vrajesh4356]

Hi Sir. We have ELSS index funds in the market. I have been looking for this. Even I can save the tax with a good return. This helps the society. Make one video. I took Zerodha mid and large cap total 250 companies ELSS index fund with direct and growth option.This helps salaried employees.

[@rohanashok142]

Very well made and clear video Sir! Appreciate your insight and information. Great service to all.

[@BK-ln1yp]

Nice editing and super background 🙌

[@rajavadivel6988]

Another excellent and eye-opener video by PR Sir. Keep rocking sir. I would like to add one more point that minimum contribution to NPS in a year is Rs.1,000/-, i.e. if you dont want to contribute more in NPS after some years, just pay Rs.1000 in a year and continue the Scheme

[@007arundass007]

thanks for the information 👍 can you please advise on how to plan for advance tax planning as we never know how much captial gains one can make in advance and best ways to avoid penalties under section 234 for late payment of advance tax instalment, also does the IT dept repay the excess advance tax with 6% interest? please advise.. thanks

[@ibrahimmanaf]

Is it necessary to invest money before we declare the tax in April. Can I declare tax on starting of financial year and invest at the end.

[@chandrappakc5272]

Yes u can

[@deepakdora8575]

If my 1.5 lakes is already consumed with PF and ELSS can I still invest extra 50000 to NPS ?

[@aashiagarwal9870]

Yes you can

[@aashiagarwal9870]

It will give you 2 lakh tax benefit.

[@tabrezhashmi_vlog]

Thank you Sir for the information. If a person is a working professional and he is contributing in EPF from his end amount to ₹3300/month and from employer end contribution is ₹3300/month, so in 80C what amount we can claim for exemption. Note : Total amount of ₹6600 is a part of employee CTC only.

[@saratharaveti4859]

As per my knowledge only employee contribution will be considered under 80C

[@ismail8973]

Only employee contribution can be deducted not the employer contribution. I also have the same doubt, I consulted a CA and he told so.

[@ketanshah4481]

For elss consult amfi certified mutual fund who do full time this profession. Rather than direct plan. Because they have speciality to choss fund

[@vjj6258]

Sir, my friend files tax thru CA who shows fake education loan & loss in property and reduces tax and Even ITR gets processed, how safe is to apply these, can IT dept cross verifies these claims later on?

[@greevanpk1199]

P R Sundar Since he is contributing a lot of taxes to the govt, I think govt has specially exempted him 1.5 crores 80c deduction annually 🤣🤣🤣 *9.12*

[@ambreshak8744]

I like the way he was waiting to say “Hi“ in the beginning 😂

[@dtube123]

Right topic at right time

[@manus7351]

Hi sir, can we get a total tax benefit of 2lakhs (elss =1.5lakh + NPS =50K)?

[@ajinkya_3131]

Same question

[@darkeesoul]

You can

[@ektad5074]

If I give 1.5 lakh in ppf ,then can I get tax benifit on elss also ?

[@twaritbahuguna1340]

No , you can only get tax benefit only upto 1.5 lakha and that you got covered entirely through PPF. You can invest in NPS 80 CCD ( 1b) to get 50000 tax benefit over and that PPF 150000 benefit.

[@vijayragavan5871]

Every month SIP - can't withdraw everything at once la. 3yrs from the month invested .

[@deepakpathak8160]

Actually your each sip counted as single investment and from their lock-in period of 3 years is done.

[@sundrachan8466]

Sir, why do charge too much money, i cant afford it? Please give us free webinars for people starting to learn.

[@ramprasadhjobs]

Thanks a lot for this video sir

[@madhavshastri5323]

Sir, please can you suggest one good fundamentally strong MF in ELSS category

[@gopinathr3496]

Axis ELSS

[@deepakpathak8160]

Mirae Asset Tax saver and Parag Parikh Tax Plan

[@vadlamudikrishnaprasad5726]

ఈ మధ్య మీరు అన్ని మీకు లాభం వచ్చేవి పెడుతున్నారు

[@nandhakumar027]

How you say we are in intelligence people ?

[@nnainesh]

Please post more detailed video on NPS!

[@aries5534]

Government is contemplating to scrap the old tax regime entirely to increase tax collection. Will this really come into effect?? Please provide your valuable opinion 🙏

[@malothramesh7451]

Thank you sir🙏🙏, if I invest in ELSS with 3000 in SIP, for next year can I change SIP to 4k or 5k

[@harishvijay2691]

Yes...

[@malothramesh7451]

@@harishvijay2691 Thank you🙏

[@harishvijay2691]

@@malothramesh7451 which app are you using for mutual fund

[@malothramesh7451]

@@harishvijay2691hi sir, finbingo and etmoney.... But not invested yet, planning to invest in ELSS funds for tax saving (govt employee)

[@devendrapatwari2571]

Sir I am filing for ITR. my total deduction is 1lac under 80c so can I now invest 50k in elss and show total deduction of 1.5lac now.

[@bohemiansoul584]

yes

[@hih9429]

You only told about 80ccd (1) and not 80ccd(2). If you include both u can save 1 lac tax

[@deepakpathak8160]

1.5 lakh for 80C and additional 50k for 80D

[@wondermarket5862]

Thanks for the information

[@bohemiansoul584]

Sir, If i am a govt. employee with 51000/- salary (after 5600/- nps deductions) per month, what is/are the best instrument(s) to utilise my 80C investment with full efficiency and money growth.

[@epicfail4711]

What is direct and growth in elss fund

[@singamprasanth4514]

Sir elss is on my name,is it use for my spouse 80c

[@ranjancom2000]

Sri in NPS we can close at any time

[@PRANAVMAPPOLI]

If i invest 1.5 lakh, can i claim 1.5Lakh under 80C, or 30% of 1.5 lack (around 45K ) can claimed?

[@anukshadias6838]

Same question?

[@PRANAVMAPPOLI]

@@anukshadias6838 its like , if you earn 12lakh , 1.5lk will reduced from total income , so you need to pay tax amount of 10.5lk

[@kevinmanis]

Sir I am salaried person hence as you said the EPF comes under 80c, so does it mean that overall investment in elss must be the remainder of 1.5 lacs minus EPF contribution? Please advise 🙏.

[@klokesh5959]

You can invest any amount. But you will get tax benefit for a maximum of 1.5 lakhs under 80C. So, it is wise to invest 1.5 minus (pf+children school fee+ insurance etc) in ELSS. If you have some more appetite to save, you can invest in other mfs

[@hariharanramachandran2098]

@@klokesh5959 Thanks Lokesh, I was looking for this answer

[@PRANAVMAPPOLI]

@@klokesh5959 If i invest 1.5 lakh, can i claim 1.5Lakh under 80C, or 30% of 1.5 lack (around 45K ) can claimed?. Please answer 🙏, iam new to the tax world😂

[@klokesh5959]

@@PRANAVMAPPOLI Sorry, i couldn't understand the question.... If you invest 1.5 lakh under Sec 80C, why you want to claim 30%?

[@PRANAVMAPPOLI]

@@klokesh5959 Suppose my total tax in FY is 6 Lakh. Can i claim 1.5 Lack rupees back in 80C (net effective tax paid is 4.5 lakh)or tax of this 1.5 lakh rupees 46800(net effective paid is 5.53 lakh ). How its working?

[@AbGupta]

Very useful thank u

[@neeleshpai]

Nice ad.

[@kayulkothari]

Great information

[@jayachandrabs2787]

Sir where 7 to 8 percent returns in banks or p o.?

[@jeyarajt5974]

Fincare small finance bank is providing 6.75% interest.

[@deepakpathak8160]

You can invest in SBM bank FD ranging from 7% to 7.5% through INDmoney super saver SBM bank account.

[@pawan2845]

Your great Sir

[@rajsvlogs7160]

In three years 40% but in 10 years it will give 10-15 % so withdrawn after three years will be good? Pls clarify anyone

[@vikasreddy2828]

Due to corona stock has fallen in 2020 after that it recovered due to that it is showing more growth in 3 years. Compare minimum 5 years growth

[@happygirl7922]

NEST trader is being removed by brokers. The tragic SYMPHONY FINTECH 's XTS is the replacement. Another hammer hit on traders

[@gvr65]

Useful Info sir thank you

[@రామభక్త-హనుమాన్]

Good morning sir

[@FINANCIALAdvisorTGopiMCA]

good teacher

[@rajendrachinderkar9385]

Thank you, Sir!

[@souleshv.k4282]

🙏VANAKKAM sir🙏

[@vallabhjoshi1327]

Legends will watch this in March 2023 .....lol

[@PodhuNalanTamil]

Pr Sundar knows only crores. 1.5 crores 80c saving. Followers have to interpret correct figure.

[@TheProdigyChild95]

is SIP Available in ELSS, NPS

[@Finbingo]

Yes. SIP is available both in ELSS Funds as well as NPS.

[@TheProdigyChild95]

@@Finbingo but strats from 1000 or like that

[@rockey784]

How to join pro trader

[@taruntadinada]

9.13 ...1.5 crore

[@saravananselva8812]

He is HNI, plays in crores

[@dont_talk2me]

@@saravananselva8812 oh wow so big shot. HHahaha

[@dheerajbhagwan6098]

Sir it s 1.50 lac sir but u have told crore sirji pls correct it

[@ronit4509]

Shree ganesh biotech issue bonus 1:1 April 27 2022

[@ArattaTube]

Sir, what is your age?

[@RajaSengupta003]

58

[@MissHit]

Day 85 Sir please take me as student

[@review_master05]

Sir, indians k liye hindi me bata dijiye, english se behtar samaj ayega

[@jibinchettante2915]

Trolls make him more powerful 💥

[@birendraprasad]

1.5 cr investment kon karata hai tax benefits k liye...😁😁😁😁😁😁😁

[@anoopvij85]

Awesomeness

[@Gsvvikram]

Really an eye opener video. Thank you sir for the wonderful video. Please post more and more videos on debt funds, etfs, and corporate fds.

[@tradersmindvoice5332]

Please put Tamil KZbin channel

[@jailingesh7165]

I know you are a crorepati., but try to mind your terms,. you said 1.5Cr instead of 1.5L during 9min10sec of video

[@rajeshsharma-vb7xt]

when it comes to knowledge, this guy and most of such stock market influencers are 0..... brother it's 75% max you can invest not 100% in equity in NPS !! at least have a good research model before making a video @@ !!

[@rgrm104]

1.5 Cr 😅

[@YyTtuser]

High😂 this is pr sundar😅

[@gulatisahil911]

hi sir

[@FINANCIALAdvisorTGopiMCA]

see my elss vedio

[@roafantasy9496]

Sir one question.. Since there is no tax on 1lakh ltcg Does that includes elss funds also Or I can avail separate benefits of 1.5 lakhs on elss and 1 lakh on ltcg

[@msaicharan8607]

Thanks for clarifying for NPS. But not fully clarified. I am 24 investing 10k per month total value is 63lakhs ,iam getting at my retirement .16crore and annuity penison 9 crores So is this good to invest or not ? Just a kind suggestion thats all sir. Hope you will answer ..!

[@dont_talk2me]

Nps os sub par

[@nandhakumar027]

Wat a f*****r statement about mutual fund ? ..