Old vs New Regime | Which is better? Tax Saving Options | Income Tax Planning Guide 2024

I always like the way you deliver the content..great and helpful..much appreciated

Professional Tax is not deductable in New Regime.

I need a promo code for buying the course bro, 40% discount is not showing.....
Please reply

Bro 5 lakhs ku kammiya salary irundha income tax file pannalama ?

Ipo na new kuduthuten, next time old regime kuduka evalo years wait pananum?

Bro.. I missed to change old tax so already tax debited now can I able to claim all the tax deducted so far? I have paid HRA, Selva magal, lic..

Hi Boosan
Please share the link to download the excel

In new regime calculation, taxable amount is 887500. After rebat of 700000, is 187500 taxable amount?

Enaku puriya konja time aakum

Where is the excel sheet

Thank you na

Aga mothila saga adikuranga sollunga

This year i got into 10LPA salary bracket and my Tax payable is ₹50440 (new regime) and ₹84350 (old regime). I had a corporate insurance before but now I'm planning to take Health insurance for myself and parents and Term insurance for myself. I've started my SIP 2 years before but not on ELSS. I'm planning to invest on ELSS mutual fund. As per the video, if i opt for new tax regime - I can't reduce my tax payable. If I opt for old regime now, Can I claim and save tax payable by the Health & Term Insurance and ELSS which I'm gonna start now.?? Is it possible to claim that 80C even If I start the investments now?

GST ku savings account and current account 2um add pannanumaaa bro?

Not able to follow, you are switching to your face and actual content very fast... not able to focus and listen... better don't show your face.. video is for content or for your face?

Bro ipo term insurance edutha next year ku beneficial ah erukum?

In new regime under section 16
Professional tax nd entertainment tax will not be allowed!!

Only standard deductions are allowed!!!

Bestttttttt Explanation

Hello

While watching your video,
1.I noticed something that might not be claimable. For instance, in the new tax regime, exemptions and deductions are not applicable apart from the standard deduction.
2.Regarding PF exemption, you mentioned calculating 12% of the basic salary for PF you are right. However, from my understanding and observation of many company books, they don't deduct 12% from the basic salary; instead, all employers choose employee PF ₹1800 per month, resulting in around ₹21,600 annually. So this 21600 we can claims under 80c in old regime.
I appreciate your efforts, but please review it further for accuracy.

Ethuvumae puriyala😢

Bro...fixed and variable pay irukumpodhu which ampunt i have to take fr gross salary?

Super ji.. awesome

Can Regim change every year

What if I took a term life insurance and health insurance after March 31 for 2024-2025? Can't I include them in the tax deduction?

Elss with lock-in 3 years, how does that work for SIPs? Every sip is treated as separate investment. So for getting benefit out of this fund, do we need 3 years on every sip?

Thanks for Tamil explanation.
I've noticed you mentioning standard deduction for salaried people, but it is applicable for all individual filers.
In my understanding, difference in Exemption & deduction is-
Exemption is applicable only to Salaried people (impact head Income from Salary) while
Deduction is applicable for all individual filers ( impact Taxable income ).
In terms of meaning both nature is same.
Please correct if I'm wrong. Thanks again for understanding and sharing your knowledge.

under 80c if i invenst in elss funds for the amount of 1.5 lakhs, then can i show the entire 1.5 lakhs which is the cap for the 80c in deductions ?

Hi bro. Im investing in Quant ELSS tax saver fund through angel one app. How can I get documents for income tax filing??

Bro, I have a doubt, in the new tax calculation, taxable income is 8,87,500. it is greater than 7 lakh. for this in which slab they will calculate the tax. whether they will consider 10% of taxable income as tax or the first 6lakh of taxable income is considered for 5% of tax and remaining in this case 1,87,500 of 10% of tax amount will be calculated. please explain bro.

Bro ungala epdi bro reach pandrathu

sheet link?

Brother, 80G epdi tax reductions la shown panrathu, Atha konjam explain panunga, declare panrapapo panamudiyala, return epdi 80G ku vangurathu

Useful

Thanks Anna , romba usefula irundhuchu ❤

My expected gross annual salary may come to 8 lakh.
Should I pay the tax for the remaining amount after deducting 7lakh i.e rebate .

Please give suggestions.

80G pathi solunga bro

Actor Vishal mari iruka bro..

In new tax regime, if the taxable income is 8 L which is more than 7 L, whether 8-7 = 1 L will be considered for taxation or entire 8 L will be considered for taxation

Could you please ur excel tool

Home loan me and husband joint aa edthrkom. Aana land husband name la irk. So enak home loan tax benefits claim panna mudyuma?

If both salaried person ,suggesting both to take term insurance?

Very nice

Brother, So I have been in the New regime with a monthly salary of about 55k.
I received bonus in the month of March 2024 and about 30k went as income tax as TDS will I be able to get this money back ?

Thanks bro ❤❤❤

sir do you do itr filing.. what is the cost

Hi, can anyone help
I have been repaying home loan for 4 years and I have declared that in tax exemptions until now, which is now closed, so in this case can you please tell me if I can opt for HRA in the next financial year by paying rent to my mother who is also the co applicant of closed home loan

Thankyou sir

Hi bro

how can i get the above video used tax Excel to calculate my own salary slab

deai ... Inga entha corporate um 50%=basic tharathu illaa... so ... real world ah study pannitu video podunga da .. Google panna vara information ah video poratha vidunga da