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@FullmetalThor3 жыл бұрын
This is what we need our HR to tell us....but they are busy in rangoli competition 🤦🏻🤦🏻 Thank you Ankur...you are awesome 👍
@infotom58423 жыл бұрын
HAHA
@kirankamath58913 жыл бұрын
They won't tell, it's strategy by every organisation
@swapnilpingale52343 жыл бұрын
😄😄😄
@namerohit0073 жыл бұрын
hahahahahahahahahaha
@manishm18513 жыл бұрын
😂😂😂
@sonal_k3 жыл бұрын
After 4 yrs of working today I understood CTC completely , and from 20-21 I am paying tax for 1st time this was very useful thank you
@oldAyushShuklaYouTube3 жыл бұрын
Did not know Madara has to pay taxes. To akatsuki?
@UATHD3 жыл бұрын
SAD DAY to see madara pay taxes :/
@12punjabi13 жыл бұрын
NANI..
@sudiptosadhukhan15803 жыл бұрын
Thanks for sharing this knowledge. Is pf deduct from the gross salary?
@UATHD3 жыл бұрын
@@sudiptosadhukhan1580 gross salary is ctc - all deductible. So pf comes in deductible
@anshulbisen3 жыл бұрын
A suggestion. Could create a playlist specifically meant for someone who is just beginning her/his career? I wish I had someone like you to set the correct course of action when I started my career.
@rohankumarlal4682 жыл бұрын
I want him to do this as well. But most people work in startups where ctc and in hand are the same not beneficial to many
@gokul_chowdhary51512 жыл бұрын
Iam a fresher and I have got a job offer yesterday.I got the offer letter accepted it and I notice 2 issues with it now: 1) Basic salary is 52% of gross salary 2) HRA allowance is only 45%(for metro cities like banglore it should be 50% right? Can someone tell me if I need to talk to HR regarding this? Please share ur valuable knowledge!🙂
@bhushanjadhav65783 жыл бұрын
Here I am just 17 year old but watching this video to gain knowledge as in 4 years I will be earning one💯🙏
@vijiyanttanaji98003 жыл бұрын
Same here I am 19
@specsboy66103 жыл бұрын
I am 15
@dravinashkalla22723 жыл бұрын
@@specsboy6610 me too
@sougandhdhuri25263 жыл бұрын
Bro learn communication stock market and you get as much knowledge of your field all the best 👍🏻
@Realconnect013 жыл бұрын
I also 17
@vinayagarwal75633 жыл бұрын
Great videos sir! A small error in your video - the HRA is the minimum of (Actual Rent Paid - 10% of Basic Salary, and other two) instead of the minimum of (10% of Basic Salary and other two options).
@rushikeshkatkar72493 жыл бұрын
did he meant 10% of gross salary & 50%-40% of basic salary?
@jaishivnani77683 жыл бұрын
In my salary slip it is 5% of basic
@shivanimehta40463 жыл бұрын
@@rushikeshkatkar7249 yes
@kashinathpatekar98703 жыл бұрын
Agreed, this is correct.
@sheshikumar25222 жыл бұрын
@@jaishivnani7768 how 5%, how it can be such low
@shanmuganathanm23843 жыл бұрын
The closing talk is so touching! So much of useful information!The best part is, to explain abt payslips, u didn't go with a computer screen recording video with G-sheets calculations, u nailed it by the way u articulate things👌🏻😍👏🏻
@ange2254 ай бұрын
I am so scared of not being financially educated. Hope I get there soon.
@deekshanarangtheshagirl78113 жыл бұрын
Had been working in Wipro from past 3 years, Didn't know the full form of CTC. Although I know the gross salary, CTC ,tax ,PF , Gratuity etc. but I still enjoyed the video, ..This is what my mom was saying,teach someone like you are teaching a kid, Amazing series sir
@nishitgoel70693 жыл бұрын
Really liked the way you concluded saying that don't look for shortcuts, be genuine with your bills and don't do anything that damages your reputation while going against the laws of our nation! Hats off :)
@safamodak86073 жыл бұрын
You’re trying to cover basics of all topics that matter to you and are important to all people. Appreciate that
@warikoo3 жыл бұрын
Thank you so much
@warikoo3 жыл бұрын
Thanks
@pareshsolanki5710 Жыл бұрын
Itna accha kisine aaj tak nahi samjhaya tha....hats off and by heart thank you so much sir.....writing comment on 3.44 am 23 nov. 2022 with smile 😊
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@babodem24382 жыл бұрын
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@madisoncabello62162 жыл бұрын
it's not about watching videos and wasting your time on strategies, I was ignorant doing so.. So I decided to try Mrs Sonia and ever since then she has made about $14,000 for every $5,000 I invested just in two weeks
@keepitsimplewithnandani31713 жыл бұрын
With all the compliance training companies make us go through every year, they should make this video mandatory too.
@abhisheksuryavanshi65502 жыл бұрын
Sir I am about to start my job and knowing this before my job was really eye opening. Thanks for sharing
@shivangimittal98513 жыл бұрын
I am Chartered Accountant by profession and i loved the way how you explained Basic Salary as an arbitrary number. For Medical and Conveyance Allowance, now there's a standard deduction of Rs. 50,000/- . Also, for PF 12% is on (Basic Salary + Special Allowance) after Supreme Court Decision.
@akshatverma263 жыл бұрын
This is the kind of teacher we all want. Very well explained sir!
@ayushurmaliya52173 жыл бұрын
It's been 5 years since I working but never put focus on my salary slip.really nice information you have shared, it would be great if you make video on how someone can plan their investments which will be helpful in tax saving as well as for their own savings. specially for people who are in mid 20s they knows they are paying taxes but how to control them have no idea.
@aishwarya61233 жыл бұрын
I wish somebody had told this to me before. Informative as usual! I eagerly wait for 3 videos + 1 live every week!! :)
@aayushsinghal5893 жыл бұрын
The apt title should've been "Deciphering your Salary Slip". Thanks a lot.
@user-fr6eb1rp9e3 жыл бұрын
But that wouldn't add up to search engines ; and Click bait ...
@vincentjoyhere2 жыл бұрын
I am binge watcher of your channel. And this is by far my most favourite video of yours. I can see a lot of genuine care; thirst and satisfaction in sharing knowledge to others, in your presentation. Keep up the good work brother. You are a gift to a lot of people like me 👍
@manojlandge91493 жыл бұрын
I feel I'm getting smarter by watching your videos and applying those in real life..
@12punjabi13 жыл бұрын
Now connected to you via newsletter, linkedin, Instagram and now YT.. jahan se gyan mil rha h lelo re baba..❤️❤️
@lokeshgupta223 жыл бұрын
Congrats for 100K!!🎉 The Most Informative Channel on YT!!🙏
@cherupawan37772 жыл бұрын
Its 1m+ now
@prathamgupta9293 жыл бұрын
I wait eagerly for your videos on Tuesday , Thursday and Saturday.
@UmangDesai22033 жыл бұрын
HRA is not 10% of Basic. It's Actual Rent Paid - 10% of Basic.
@saurabvit3 жыл бұрын
Quite rightly pointed out. HRA's one component of measurement is RENT PAID - 10% BASIC
@ankitbhattacharjee2803 жыл бұрын
Yes, or HRA or 50% of Basic, whichever is lowest of the 3
@vasavshah76173 жыл бұрын
So like in the covid situation when everyone is working from home, we are still getting HRA so we are not paying any rent. So how do we submit rent receipts? Or claim deduction for not using HRA?
@ankitbhattacharjee2803 жыл бұрын
@@vasavshah7617 if you are getting HRA but not actually expending on rent, then you cannot claim HRA deduction in your income tax filing
@Srushti45513 жыл бұрын
And here I was calculating 10%of basic again and again. 🤣 and the amount was coming very less like 1000-1200 for my 8k house rent. And I was like WHAT 😨only 1000 rs HRA for my 8k rent
@stark4692 жыл бұрын
aaj tak bas kabhi tax saving pe dhyan hi nahi diya, 7 months ho gaye meri salary taxable ho gayi aur ab tk mene koi kuch submit nahi kiya ab next financial year pe submit krunga aur is video me tax ka bhi cover kiya isliye thank you so much, definitely must have knowledge hai finance and tax.
@ahujabharat3 жыл бұрын
Ankur - you are doing a great job in simplifying financial literacy for all which ideally should be taught in school/college before one starts earning. Having a finance background I often take these topics (e.g. savings vs investment, taxability, rent vs buy) for granted and have analyzed these myself before making finance decisions, but reading the comments on your posts I am amazed how many folks are not aware of implications of these topics on their personal finances and a big impact on their life as well. Kudos, more power to you!
@sanyamkaul92393 жыл бұрын
Great video as always, sir! I have joined my first company as a fresher Software Dev and you have been a great mentor. There's just one correction that I would like to point out. At 19:08 - The first formula for calculating your HRA is not correct. It's not 10% of Basic. It's actually Your Rent - 10% of Basic. Hence your HRA will be a Minimum of: - 1. Your rent - 10% of basic 2. 50% of basic if in Metro or 40% of basic if in Non-metro 3. Your actual HRA set by company
@jimeejain79862 жыл бұрын
Yes, that is correct, he stated incorrect calculation in the video.
@aashishupadhyay93073 жыл бұрын
Many companies just cut Rs 200 /- as professional tax and give the remaining amount(for example Rs 30000-200=Inhand Rs 29800). Can you please shed some light on it?
@gagamachi66553 жыл бұрын
Your ctc is below tax slab
@soumsgaming2383 жыл бұрын
Deductions
@aliasgarvanak3 жыл бұрын
Great point. So many companies more than 50 staff only deduct professional tax only. Why is like that?
@sanmatipol32013 жыл бұрын
The special allowance fact blown my mind. Sir can you explain this by actually Using salary slip .
@MySomethingGuide2 жыл бұрын
I really don't have idea about all these taxes. So thankyou sir for explaining simply 🙏🏼❤️
@souravnandi19233 жыл бұрын
Great video, extremely helpful as always. A minor correction - The HRA exemption is calculated on the basis of 3 components as correctly described. But the 1st component is "Actual rent paid minus 10% of Basic salary (plus DA if applicable) ", instead of '10% of basic'. Anyway, keep up the great work! Amazing content 😃
@shwetadornal2593 Жыл бұрын
Can only the actual House rent be considered as HRA?
@shwetadornal2593 Жыл бұрын
And he mentioned gross is the closest to take home instead of Net? Was that correct too?
@harshil3383 жыл бұрын
Ankur Warikoo is a blessing to YT. Really informative video
@warikoo3 жыл бұрын
Thank you ☺️☺️
@vikrantsinghrajput33013 жыл бұрын
Thanks, we were all so lazy to even look for these terms in our Salary Slips. Grateful for this video :) Make one video on Understanding TAX.
@KumarThakur873 жыл бұрын
This is Best Explanation I've seen on KZbin. Kudos to you ! Dil Jeet Liya !
@RishabhAwasthi0073 жыл бұрын
I love the way he explain all these things with so much ease. Love to Team Warikoo.
@ashrayaggarwal33 жыл бұрын
Thank you for this.. I just started working and needed this information. Thanks again
@warikoo3 жыл бұрын
Glad this helps! All the best for your job 🙂
@dataworksstudio3 жыл бұрын
I have been a working professional since one and a half years...though not in the tax bracket yet...but yes it is today I understood my salary slip and the benefits I can get if I follow this video wisely... thank you so much sir🙏😁
@iamkrishn3 жыл бұрын
It's a bite-sized video for all the graduates, with a whole lot of knowledge which is both crucial and easy to grasp. You're such an eloquent person. Thanks for this amazing video. Looking forward for more related, in-depth videos !
@soumyajitdey57203 жыл бұрын
Looking at my salary slip now, I see, there is another component which is professional tax which is deducted every month and I believe that is imposed by our state government. Great video Ankur!
@venkateshtata39352 жыл бұрын
Hi, in case of any assistance in filing your income tax return feel free to ping me.
@TrideebPatra3 жыл бұрын
Most often, CTC is broken down into "Fixed + Variable" components. How does this idea of "Fixed + Variable", fit into the discussion of this video?
@alokdand1712 Жыл бұрын
Life me itni clarity chahiye. Thank you so much Ankur for this video!!!
@umeshkaushik7103 жыл бұрын
I am going to start my first job, Really helped to understand Salary slip, thanks a lot . Make more video like this .
@warikoo3 жыл бұрын
Glad this helps :)
@ankitj10003 жыл бұрын
Super video! Very very informative. This should be a part of the pre-placement curriculum for each student. I wish I had learned this sooner.
@nayanmanavadaria36183 жыл бұрын
Sir, your videos are well connected to the audience and to the point communication. In this video, i just want to mention one correction in HRA section - it should be 1) [Actual rent - 10% of basic] and not [10%of basic].
@iamaltafkhan3 жыл бұрын
Aapke bolne ka andaz behtareen hai
@sam308633 жыл бұрын
Getting this knowledge from a seasoned experienced person for free is nothing short of a boon. Thank you sir.
@nikitapandey97343 жыл бұрын
According to your video the gross salary can be considered as in hand salary.then how to negotiate salary while applying for another job,gross or ctc🙄.Anywayss the video was extremely helpful 🙂
@ashwintantri3 жыл бұрын
Day 1 Discussed about purchasing a home, you uploaded a video on the topic Day 2 Talked about ESOPs/ESPP with fellow colleagues and you upload a video on the very same topic Day 3 Was searching for insurance and asked a few friends about it, ended up finding a video on insurance on your channel! Please keep on making such amazing videos Ankur🥳
@MOTOMENTOR2 жыл бұрын
WOW even my HR didn't explain me in such a way. I thanks a lot. I use to hate finance coz numbers used to go out of my head but after watching your video now I realized how interesting finance can be. Thanks a lot number.
@AnkitMalikDSM3 жыл бұрын
HRA exemption is a minimum of: 1. Actual Rent - 10% basic 2. 50% or 40% of basic 3. HRA by company Please make corrections. Medical allowance is discontinued, sir. You get a standard deduction for the last 2 years in lieu of medical allowance and conveyance allowance. Please consult a CA.
@AnkitMalikDSM3 жыл бұрын
if you take a minimum between 10% basic and 40%-50% basic.. the minimum is always 10%.
@siddarthilapavaluri16813 жыл бұрын
Happy 100k Ankur keep growing!🔥🔥🔥 (Don't mind me calling you Ankur just felt like I wanted to cause sir doesn't feel right)
@mrsahilbawa3 жыл бұрын
There is also this problem with having a small number for basic salary which is that when you quit your job, most payments like Leave Encashment, Gratuity, etc are most of the times calculated based on the Basic Salary. So it is a trade off between paying more potential tax and receiving less end-of-employment benefits... basically. Also, @11:50 it is not clear whether you mean 20% of 100 is 2 or are you rounding up 20 tax per month would be 2.
@avinabhhome18353 жыл бұрын
I am definitely going to watch this whole video fro 3 more times. Vo kehte hai na "the more you listen, the more you learn" Amazingly explained.
@Shubham-jz7ec3 жыл бұрын
The best explanation on salary slip out of all the videos I have seen till now🙏
@sobhanification3 жыл бұрын
Forgery Rent Receipts that you mentioned was right on spot, many can relate. A lot of landlords deprive Tenants of any bills or any official online transfers but rather ask Rent in terms of Cash. Haha tax saving for them but a big loss to the Tenant. Pretty informative THUMBs UP.
@akankshashrivastava66793 жыл бұрын
Thank you for this profound knowledge sir ❤️ We often start getting paid without even being aware of these nitty gritties which are so important 👍
@vishalhumbe82754 ай бұрын
Thanks a lot Ankur for sharing this details view of the Salary slips, I really needed this at this point in time. Got to learn about the taxation as well through this. Keep sharing such helpful content. Stay health and happy as always. Have a fruitful day ahead !!!!
@prajnap.m64913 жыл бұрын
Hello Ankur, I have subscribed today to this lovely valuable channel.. Yesterday I found one of your video and started to watch videos one by one. This channel is worth more than million subscribers. Thanks alot for motivating and sharing things that every one should know!!
@vaishnavig76123 жыл бұрын
Im a fresher and this was EXACTLY what I was discussing today with coworkers. Your video was extremely helpful Ankur and I've mailed you as well, would be grateful if you could reply :) thank for the work u do❤
@gokul_chowdhary51512 жыл бұрын
Iam a fresher and I have got a job offer yesterday.I got the offer letter accepted it and I notice 2 issues with it now: 1) Basic salary is 52% of gross salary 2) HRA allowance is only 45%(for metro cities like banglore it should be 50% right? Can someone tell me if I need to talk to HR regarding this? Please share ur valuable knowledge!🙂
@persephone40533 жыл бұрын
Im in final year and I just got placed. Pls let me know how to manage my finances as it seems confusing and scary
@warikoo3 жыл бұрын
Coming soon :)
@persephone40533 жыл бұрын
@@warikoo thank you!☺
@UATHD3 жыл бұрын
@@warikoo gg
@shreyasd46633 жыл бұрын
@@warikoo hi Ankur, it was an informational video. Thank-you for making this video. a little more written example could help more, please consider it for any next video in this topic.
@rishiranjan72063 жыл бұрын
I am in class 11 but following you sir. Because you always provide me a new perspective to see this society and world.❤️❤️❤️
@puneetmishra6833 жыл бұрын
Good information. Its been 2 yrs, I am working in a company and don't know the facts about the payslips. Thanks for this useful knowledge.
@StammeringFreeGroup3 жыл бұрын
In covid times companies are hiring freelancing consultants more instead of permanent employees. Can you please advise how and where Freelancing IT Consultant can do tax saving & file return e.g 44ADA etc Your concept are easy to understand & highly motivating cum interesting via KZbin video. If possible Please make video on the same
@mehullakhanpal31873 жыл бұрын
Hey, this was a really good explanation. Finally got to know what CTC means. Can you suggest a good place to learn about tax, saving taxes, and investments?
@rohankumarlal4682 жыл бұрын
Investments are not to be done if you dont understand taxes. Well this video is a good example for tax knowledge as 90% come under this.
@sanatjain46772 жыл бұрын
Very prectical and infar metive . Best
@mddanishofficial3315 Жыл бұрын
Thank a lot such a very needful for fresher employees against thanks for your support by videos
@Rahulbhati3333 жыл бұрын
I got scammed in this CTC trap. That time I wasn't know about this much.
@soumsgaming2383 жыл бұрын
Wo company walo aisa hi karte hain
@ShokatAliYT3 жыл бұрын
Hey Ankur.. Thanks for all the great content you are creating. I have one question to which I could not find any simple answer yet. How does compounding works for Stocks and Mutual Funds?
@krupashukla82002 жыл бұрын
You are awesome Mr.Ankur😃😃 My life seems so sorted because you exist🤓 and you choose this profession 😍
@MrMiyagi0053 жыл бұрын
I can't tell you how much this has helped. I am new to this and didn't understand where all these numbers and percentages are coming from and how they are calculated. Thanks a lot
@itsvipinchauhan3 жыл бұрын
Thank you for this
@warikoo3 жыл бұрын
👍🙏
@itsvipinchauhan3 жыл бұрын
☺️
@Kishandsygn3 жыл бұрын
with the coming rule from April 2021, the Basic Salary could not be less than 50% of your CTC.
@saurabhzaware6035 Жыл бұрын
100% of basic salary is taxable and non deductible Basic 30-35% HRA 10% of basic 1250 pm 15k per year Medical Allowance Deductible - Special Allowance (Subjective) Verified by company food, attire, school fees, magazines, fuel conveyance, books and magazine subscription.
@Lejhandvines8 ай бұрын
Why government needs to put hand in our hard earned salary?
@niki19743 жыл бұрын
"Itna tax kyu de RAHI ho tum"
@divyachoudhary81163 жыл бұрын
I might too have judged him for using a feminine example when it comes to taxes and finances...but if people observe in his other videos....he generally uses feminine pronouns. So I'm sure ...it isn't a stereotype🙂
@niki19743 жыл бұрын
Wow, thanks for noticing
@ameydamle18923 жыл бұрын
Yes he uses faminine eg in all the videos.
@codingworld67623 жыл бұрын
Because of seagram's 💿 imperial Blue
@SauravDocs3 жыл бұрын
Karen girl
@abhighnareddy48303 жыл бұрын
Hello warikoo, So how to negotiate while asking for CTC ?
@shakuntalade71713 жыл бұрын
I started with 25000 rupees and now I earn more than 9 lakhs per month
@maheshjamdade13 жыл бұрын
Thank you sir been trying to understand it for a month, I would say this so well explained that even a 5 year old would understand.
@nehamhatre8583 жыл бұрын
This Video is very Helful. One of the things that today's youth need to know before joining the corporate world.
@anshpandey46232 жыл бұрын
sir u explain it so well.. You are Awesome
@sandeepagnihotri24002 жыл бұрын
As per government policies in 2021..basic salary will be minimum 50 % of CTC
@RupasaSushma3 жыл бұрын
I worked so many years not known this much detail, didn't understand your hindi, since I don't know...read it subtitles... Really appreciated...👌🙏👏👍 Sir, please do videos in English language also....then, it will reach more people....
@ashishsawant53123 жыл бұрын
How nicely explained..sir..very useful information..Thank you.
@catchasif3 жыл бұрын
Having a decent fixed salary is important as the provident fund is calculated on the fixed salary.Provident Fund is a forced saving for salaried individuals.
@PANKAJKUMAR-fe8zn2 жыл бұрын
I have just started my corporate journey after completion of my college. It was amazing video to understand salary slip. Please make a video on understand taxes for professionals.
@agw1472 жыл бұрын
Happy teachers day ankur bhaiya
@aravindmuralitharan49903 жыл бұрын
A video which every worker must watch,very well explained with subs
@ravisisodia13 жыл бұрын
I think, paying gratuity is depends on organisation internal policy, it is not mandatory for employee to complete 5 years in a company to claim gratuity. Kotak Bank is the one who gives gratuity even if employee leaves bank before 5 years. Your thoughts pls?
@Unncaptured3 жыл бұрын
Thoda ekdum short me bolne jaye toh experience is everything 🙃
@rijasmp4348 Жыл бұрын
explained it very well, Thank you
@suruchiarora4572 жыл бұрын
This was really helpful. Thankyou.
@jaydipmakwana93902 жыл бұрын
After Entering into corporate world , What things should i know for financial apart from Tax ?
@nehasolanki70532 жыл бұрын
Seriously very useful video sir..
@nanditajaiswal65145 ай бұрын
This is the best video... I have watched till now❤
@bipinmsit73802 жыл бұрын
You cracked it man! Great explanation.
@udayswami4443 жыл бұрын
Really 🙏🏻School 🙏🏻u didn't Teach me Anything in these 19 years .literally NOTHING ABOUT REAL WORLD ... Thanks Warikoo Sir🙏🏻
@shubhraapte18132 жыл бұрын
Very well explained👍
@tathagataghosh5443 жыл бұрын
Most Underrated channel ! Please make more such videos. Appreciate your effort🙏