Why In-Hand Salary is less than CTC? CTC vs Gross Salary vs Net Salary | explained in Tamil

In this video, we have explained the concept of CTC, Gross Salary and Net Salary(in-hand Salary)
Section 80 C full details
A) Guaranteed Return - Low Risk Investments
1. Employee Provident Fund (EPF) - • Employee Provident Fun...
2. Public Provident Fund (PPF) - • Public Provident Fund ...
3. Sukanya Samriddhi Yojana - • Sukanya Samriddhi Yoja...
4. National Savings Certificate
5. Senior Citizen's Savings Scheme
6. Tax saving Deposits
B) Market linked - Moderate Risk Investments
7. National Pension System (NPS) - • NPS is Tamil | Nationa...
8. Equity Linked Savings Scheme (ELSS) - • ELSS - Equity Linked S...
9. Infrastructure Investments
C) Insurance linked Products
10. Term Life Insurance
11. Life Insurance Endowment Plans - • What is ULIP and Guara...
12. Unit Linked Insurance Schemes (ULIP) - • What is ULIP and Guara...
D) Others
13. Housing Loan Principal Repayment
14. Children's Tuition Fee
Complete details on 80C: • Section-80Cஇல் 14 வழிக...
EPF in Tamil: • Employee Provident Fun...
PPF in Tamil: • Public Provident Fund ...
NPS in Tamil: • NPS is Tamil | Nationa...
ULIP/LIC & money back plans: • What is ULIP and Guara...
ELSS: • ELSS - Equity Linked S...
Sukanya Samriddhi Yogana: • Sukanya Samriddhi Yoja...
Comparison of 80C: • Section 80C Comparis...
Watch our income tax series - Calculation, old vs new tax regime, HRA, Income tax savings, Section 80C and more: • HOW TO CALCULATE INCOM...
Watch Sharemarket for beginners series: • Basics of Share Market...
Subscribe to our channel: / @thinkingtamizha007

[@thinkingtamizha007]

Understanding your payslip - kzbin.info/www/bejne/ZmizXn5-f5lpaJY HRA exemption - kzbin.info/www/bejne/mKuqmqqOlriAic0 How calculate income tax - kzbin.info/www/bejne/raXVmpSdmthggbM Watch our income tax series - Calculation, old vs new tax regime, HRA, Income tax savings, Section 80C and more: kzbin.info/www/bejne/raXVmpSdmthggbM Section 80 C full details A) Guaranteed Return - Low Risk Investments 1. Employee Provident Fund (EPF) - kzbin.info/www/bejne/iKTPiWRpaZl1nMU 2. Public Provident Fund (PPF) - kzbin.info/www/bejne/f2q4hYVpoKdjZ7s 3. Sukanya Samriddhi Yojana - kzbin.info/www/bejne/laS3mXyGqcSWpcU 4. National Savings Certificate 5. Senior Citizen's Savings Scheme 6. Tax saving Deposits B) Market linked - Moderate Risk Investments 7. National Pension System (NPS) - kzbin.info/www/bejne/iIemY52QjdymmrM 8. Equity Linked Savings Scheme (ELSS) - kzbin.info/www/bejne/b6bTi4avhdFjrNU 9. Infrastructure Investments C) Insurance linked Products 10. Term Life Insurance 11. Life Insurance Endowment Plans - kzbin.info/www/bejne/an-kp5yIh7Safac 12. Unit Linked Insurance Schemes (ULIP) - kzbin.info/www/bejne/an-kp5yIh7Safac

[@kaverivenkatesh5379]

Thank you so much bro

[@vijayakumar3819]

Your videos are must watchable

[@sandeepj4692]

Thanks for detailed explanation

[@arulselvandharmalingam1971]

Great explanation brother.thank you

[@KaviHari13]

Great video, thanks for making🤝

[@v2josh446]

Good one Bro.. Also understood tax deductions and saving option better way

[@mohanraosapbi]

Well explained

[@hariprasad15]

Itha than romba nala theditu irunthan intha HR team ta ketta ref payslip nu solli solli confuse panniduranunga, romba thanks bro semma clarity.

[@thinkingtamizha007]

Ask your company on what is included in payslip and what is not

[@sardhalakshmi7807]

Informative video...🙂🙂

[@aravindhram308]

Very useful information bro 👍❤️

[@servetogether8439]

Thanks a lot for this video 👍

[@maxsathish7849]

Good explanation. Can you please make video about housing loan?

[@ramyas8543]

Super bro

[@ragavi5403]

Bro, simple ah sollunga basic + DA cash in hand ah...illa atha Vida kammiya varuma

[@HackeyTube]

Is talking home loan is really a good option?... please compare with savings and building house or take home loan and opt income tax exemption

[@Gokul.Mahalingam]

Nice👍

[@sreedheepak]

Good info. Is transport/conveyance allowance taxable or exempt?

[@Jvasanthshree]

Exempt

[@naveennaveen-tr2kh]

What about tax?

[@venkadeshrajan]

Salary arrear for 4 years to be included in current year ?

[@lifeofdiya9499]

Employer contribution ? Employee contribution? Why double detection?

[@dhinakarank7488]

Well! Irony is, it's both Deducted from our salary the companies will deduct 12% as Employer contribution from our CTC.. then our contribution will be done deducting from our net salary.. But we can claim EPF deduction under 80C through TDS filing but not the full amount.. If you haven't created EPF account yet you can opt out for EPF but once you are a member you cant opt out!! Only through ITR you can get some of your deduction amount back.. But 12% of employer contribution of our salary will not fall under either exemption or deductions thus you can't claim it

[@dinesha5539]

What if i have variable pay of 3 lakhs and will it be coming under gross income?

[@thinkingtamizha007]

Yes

[@dinesha5539]

@@thinkingtamizha007 then i ll pay tax for that 3 lakhs and at the end of the year due to company perfomance i am getting 1 lakh as variable pay. But i have paid taxes for the remaining 2 lakhs as well. Is my understanding correct?

[@thinkingtamizha007]

@@dinesha5539 You need to pay tax only for what you actually get.. What is written in offer letter doesnt matter. If you get only 1 Lakh, you need to pay only for 1 Lakh

[@dinesha5539]

@@thinkingtamizha007but when we calculate the tax from my gross salary we will include fixed + variable pay (3 lakh). I may be wrong as well, but if you have any videos posted for the same it would be great. “Calculating income tax that include fixed pay + variable bonus”

[@naveenavnp383]

Bro, I missed to do E-nomination in EPFO portal. What are the drawbacks(I am already not able to see passbook balance) and how to rectify them. Pls help me. No body know the details. But I believe you can help me.

[@kaushikkaushikg1354]

ஐயா எனது நிருவனம் 2020 to 2021 நிதியாண்டில் 20 லட்சம் எனக்கு வழங்கியதாக FORM26AS ல் பதிவுசெய்து இருக்கிறது. இப்படி ஒரு பொய்யான கணக்கை காட்டி ரூபாய் இரண்டு லட்சம் வரி செலுத்தியதாக பதிவு இருக்கிறது. நிருவனம் FORM16 தரமருக்கிறது. இந்த மோசடிக்கு ,எனக்கு நஷ்ட ஈடு CTC அடிப்படையில் கேட்க முடியுமா ஐயா..

[@kannanv7260]

Employee contribution in EPFO is taxable or we have exemption in 80c...

[@bala-ik3jm]

Hi Brother, I joined on 24Jan2022, I am around 12L, Professional tax for Feb was 208.00, however for March professional tax is 1042.00, Please clarify me why 1042.00 is charged, should i do something? Pls help

[@thinkingtamizha007]

Dont know. Pl ask ur payroll

[@sajinmssajin]

PF amount maximum 1800 thane poda mudium

[@thinkingtamizha007]

No.. 12% of basic

[@vinothkumarmurugan8997]

Bro performance pay @100%= - (dash) nu mention paniruku offer letter la which means no performance bonus uh?

[@thinkingtamizha007]

Unga company la daan bro kekanum

[@DailyVlogsvideos77]

How can I contact ? Any mail id!

[@Naveenkumar-qd5tg]

Bro please give a valid example for pay structure No company give CEA as 100rs!!

[@thinkingtamizha007]

The maximum amount exempt from tax under CEA is Rs 100 per month. Even if higher amount is provided, it doesnt matter. You can check with your company payroll or HR.

[@Naveenkumar-qd5tg]

@@thinkingtamizha007 Ok bro Anyway but example sollumpodhu originality ah irundha innum nalla irukum adhuku sonnen

[@thinkingtamizha007]

Most companies Rs 100 per month daan kudupaanga brother. Hence it is more practical. Dont compare actual fees charged by schools and this amount. Both are not related.

[@Naveenkumar-qd5tg]

@@thinkingtamizha007 ok bro

[@sindhiyak2266]

Well explained

[@saranyasudha-rl8uo]

Well explained