How To Save Tax Legally in India? For Small Business Explained By CA Rachana Ranade

Поділитися
Вставка
  • Опубліковано 12 лис 2024

КОМЕНТАРІ • 289

  • @CARachanaRanade
    @CARachanaRanade  Рік тому

    ✔️ Invest in Knowledge: social.rachanaranade.com/Courses
    ✔️Kickstart your Investment Journey:link.rachanaranade.com/Zerodha
    ✔️Secure your Life and Health:
    - Life Insurance► bit.ly/3tYenqr
    - Health Insurance►bit.ly/3ynVssD

  • @funtaxguru2539
    @funtaxguru2539 5 років тому +92

    A small correction. As per Sec 44AD, this provision can be availed by eligible assesses. EA includes, individual, HUF and Partnership firm. So company can not avail this provision.

    • @bot-pb5ok
      @bot-pb5ok 4 роки тому +7

      Mr. Patra you are right.

    • @adarshmishra6407
      @adarshmishra6407 4 роки тому +5

      Can you please explain in more briefly?please

    • @ashutoshbadwaal
      @ashutoshbadwaal 3 роки тому +1

      yes you are right .

    • @akashkumar-hu7dg
      @akashkumar-hu7dg 3 роки тому

      hello ,
      i am a student and i started trading recently and its my only source of income which is less than 2.5 lakh(suppose),then do i have to pay tax and if i have to pay how it will be taxed.

    • @funtaxguru2539
      @funtaxguru2539 3 роки тому +1

      @@akashkumar-hu7dg If your total taxable income including STCG/ LTCG from share trading is less than exemption limit prescribed, then you need not have to pay tax. But It is advisable to file the ITR.

  • @dheemangoswami9119
    @dheemangoswami9119 5 років тому +25

    You're awesome ; also your intro is so funny😂😂😂, the way you wore the specs and smiled!!

  • @jaganmohan613
    @jaganmohan613 5 років тому +105

    For salaried employee also we want video pls

    • @harshavarthan6664
      @harshavarthan6664 3 роки тому +17

      U guys don't have choice... U need to pay

    • @aravindangovindan7228
      @aravindangovindan7228 3 роки тому +2

      Harsha varthan 😂😂

    • @pratik3721
      @pratik3721 3 роки тому +9

      U pay tax first and then u get ur salary

    • @amansinhparmar7186
      @amansinhparmar7186 3 роки тому +6

      No chance for you people

    • @parthvora5922
      @parthvora5922 3 роки тому +1

      You can get deduction under 80c upto 1.5 lakh under 80c if you invest in ppf, nps, elss. If you pay intrest for home it's also deductable. If you pay rent for house And you get HRA from your employer than it also deductible upto limit (as per salary, rent & location) And for education and health insurance, life insurance there is also deduction. Ask CA or tax consultant for it.

  • @cakrishnakumawat
    @cakrishnakumawat 4 роки тому +10

    Interesting video ma'am as always. Just a small thing worth mentioning. 44AD is applicable to Resident Individuals HUF nd Partnership firms only and not to Corporate Assessee. and for company is required to maintain books of accounts as per co law. Looking forward to other informative videos. :)

  • @rrjishan
    @rrjishan 5 років тому +6

    Respected Ma'am,
    I am 4th year computer engineering student from Himachal Pradesh. I have watched both of your free lectures in Basics of stock market series. I am very keen to watch next parts too. But ma'am I can't afford to buy the whole series as I am not from a well established background.
    I really want to learn from you. I have never seen a teacher like you who has knowledge of her subject at this depth.
    Please ma'am if you can do any favour for me, it would be much appreciated.

    • @ndb31
      @ndb31 2 роки тому

      being a computer science student, why do you want to lean stock market? are you sure you want to pursue this?

    • @ndb31
      @ndb31 2 роки тому

      the coures price is 12500 brother, I don't think it is justified. It seems overpriced to me.

    • @mrunknown4495
      @mrunknown4495 2 роки тому

      Bro I suggest you to go for CFA course

  • @PiyushGuptaCA
    @PiyushGuptaCA 3 роки тому +5

    8% is the minimum rate, not the maximum.. IT Act clearly intents to declare more rate if income is higher than 8%

  • @Anas_fazil
    @Anas_fazil 3 роки тому

    Editor acha rakha hai maam ne Quality bhi achi hai Best hai

  • @juyelrana2040
    @juyelrana2040 2 роки тому +1

    Tnx for information our, I am very helpful to this video

  • @Ramesh__V
    @Ramesh__V 5 років тому +10

    Great video madam.Also do it for salaried persons.

  • @msvarshapareek9087
    @msvarshapareek9087 3 роки тому

    Bhaut aache se samjhaya mam aapne👍

  • @keyexplorer
    @keyexplorer 5 років тому +8

    Loved it....This will Boost some professional to go into a business...
    Small step to beat China....
    Continue this series too
    One small query...
    If i have a Joint venture earning...can i save with this method
    Pls do a seperate video covering JV with Revenev sharing

  • @piratedunknown9609
    @piratedunknown9609 5 років тому

    Very useful video.

  • @putlurubayapareddy4218
    @putlurubayapareddy4218 5 років тому +1

    ధన్యవాదాలు మేడం..
    From kurnool, Andhra Pradesh

  • @manu-rr4cz
    @manu-rr4cz 3 роки тому

    Plz make complete paid course on saving tax legally and how corporation works....

  • @hareeshkumark3998
    @hareeshkumark3998 5 років тому +6

    Respected Madam,
    Your example of Presumptive taxation on Beauty Parlour Company "Look Good India Pvt Ltd" is completely wrong. Neither of Sections 44AD Nor 44ADA is applicable to Companies. Only Section 44 AE of Presumptive Taxes is applicable irrespective of status of the Assessee i.e., Section 44 AE is applicable to companies also. Sorry for Pointing You Out. This is only for sharing of my View on Presumptive Taxation. Correct me If I am Wrong.

    • @saadjsayed
      @saadjsayed 5 років тому

      I was thinking the same... Its only available to Individuals and HUFs

    • @kunalagrawal9836
      @kunalagrawal9836 5 років тому +1

      Yes you are absolutely right....The example was wrong but the concept is correct....

  • @akashhiremath8370
    @akashhiremath8370 5 років тому +1

    This is the first video in which you've asked to subscribe.
    Maybe this your first time you said that!
    I like your videos a lot
    Constant subscriber!!

  • @pratikpingale5356
    @pratikpingale5356 Рік тому +3

    shocked to watch, 8% calculation was hard for you, I can easily tell that in seconds 😀

    • @true_human_007
      @true_human_007 Рік тому

      THATS BECAUSE YOU DO SUCH CAL DAILY OR MORE FREQUENTLY. BUT, OTHER MAY NOT. OTHERS ARE GOOD IN WHAT THEY DO DAILY. 😀
      CHILLLLLLL

  • @adityavgoyal
    @adityavgoyal 5 років тому +2

    This is gonna be a very beneficial video. Thank You!

    • @adityavgoyal
      @adityavgoyal 5 років тому +1

      Ah! maza agaya ye video dekhkar.

  • @chakravarthybatna1589
    @chakravarthybatna1589 5 років тому

    Nice video ma'am 🙂

  • @6santosh6
    @6santosh6 5 років тому +3

    Hi Rachana,
    One small query...
    When NRIs are considered Indian citizens, unless they reject it themselves and are allowed to invest in Indian assets, can they not be taxed to relieve resident Indians from excessive income taxes???
    I know that income tax is paid where income is generated and I'm not thinking of income tax!!!

    • @MyJaipurCa
      @MyJaipurCa 4 роки тому

      There is an agreement between countries to avoid double taxation system

  • @deepakhk974
    @deepakhk974 5 років тому +1

    Good information please explain chats for more deeply its a Hummel request

  • @shamseercp4539
    @shamseercp4539 5 років тому +1

    Really informative .. thanks for all ur videoes

  • @aqeeb3035
    @aqeeb3035 3 роки тому

    Thanks

  • @poojagupta6205
    @poojagupta6205 5 років тому +1

    Nice video Ma'am,
    Please make a video on bond ETF also

  • @justinkoli8691
    @justinkoli8691 5 років тому

    Nice video Mam 👌

  • @trijalmoulyakotian4111
    @trijalmoulyakotian4111 3 роки тому

    Mam stock trading and cryptocurrency are same tax applicable ???

  • @jyothsna.s5294
    @jyothsna.s5294 3 роки тому +1

    Hlo Rachana, your videos are precise and easy to understand...a kind request it will be better if you upload ca syllabus

  • @SatyajeetVaze
    @SatyajeetVaze 5 років тому

    Thank you

  • @amirbagali8414
    @amirbagali8414 4 роки тому +1

    You are very wrong on beauty parlor calculation - Expense is not just blades n shampoos but also the salary of hairdresser, electricity bill , rent of the shop, housekeeping and many more

  • @raju3734r
    @raju3734r 5 років тому +3

    valuable content, adding few graphics and slow narration will be great advantage for high traffic.

  • @mandarp9472
    @mandarp9472 3 роки тому

    There are no ways to save taxes without compromising returns.
    Don't give people false hopes.
    Govt should reduce tax rates.

  • @allandsouza2288
    @allandsouza2288 5 років тому +10

    This is about legally everyone knows how to save tax legally. How can we save tax illegally that's a big question and how can CA s help in that matter as they have expertise in this regard.

  • @karthigo2003
    @karthigo2003 3 роки тому +2

    Hello rachana... Is presumptive taxation applicable for youtubers ?

  • @138ganesh
    @138ganesh Рік тому

    Please make video on HUF... advantage and disadvantage

  • @apurvadutta8548
    @apurvadutta8548 2 роки тому

    Madam plz make a video on how to save capital gains tax from old pagdi owned property.

  • @sarsokatel
    @sarsokatel 5 років тому +1

    Tai jr IPO made jr invest karaych asel tr multiple demat account vr na kela tr chal te ka. Ki ekch account chalel...... CCD che stocks gheu ka

  • @swaroopmohan234
    @swaroopmohan234 4 роки тому +7

    Ma'am pls give new year's discount for stock market classes 😁🙏

  • @teenatanna2615
    @teenatanna2615 5 років тому

    Thank you mam

  • @vamshi19881
    @vamshi19881 4 роки тому

    Investing SIP in HDFC AMC, Infosys, IRCTC,Larsen Turbo ..for Dividends purchased Graphite India and Vedanta.. kindly review and provide your suggestions

  • @kalpitharitadvocate4549
    @kalpitharitadvocate4549 4 роки тому

    Taxway group एक कर सलाहकार कंपनी है जो income tax department की (ERI= e return intermidiator)है ।
    जो
    अपनी frenchise sale करती है। frenchise लेकर कोई भी व्यक्ति taxway के
    ऑनलाइन पोर्टल के माध्यम से taxation field में काम कर सकता है। जिसमे वह
    किसी का income tax return file करना,gst भरना, gst नंबर लेना, tds रिफंड
    जैसे 200 से ज्यादा काम कर सकता है।
    Frenschise लेने वाले को अपने
    ग्राहकों से उनके documents लेकर पोर्टल पर अपलोड करना होता है बाकी पूरा
    काम आपको taxway के experts करके देते है।
    Taxway group आपसे इन सब services के लिए बहुत कम charge लेता है।
    जैसे income tax return के 224
    Gst resgistration के 219
    Gst filling के 150
    आप
    अपने ग्राहक से इन services के लिए क्या चार्ज लेते है ये आपका lookout
    होता है। इन services के मार्केट में price कई ज्यादा है तो आपने customer
    से चार्ज लेकर मनचाही income कमा सकते है।
    साथ ही शुरुआत में सहायता हेतु taxway आपसे 18 income tax return और 9 gst रेजिस्ट्रेशन के लिए कोई charge नही लेता।
    तो आज ही जुड़े और करें नए business की शुरूआत
    9079141614

  • @naveenkumarseenivasan1
    @naveenkumarseenivasan1 2 роки тому

    Investments made under your parent’s name: Let’s assume you have Rs. 4 lakh to invest, making the investment in each of your parent’s name will be equal to no tax, how is possible this you ask? If you invest this Rs. 4 lakh in under your name, with a 30% tax bracket at a 10% interest rate, your income on this Rs. 4 lakhs will be Rs. 40,000 with the rate of income tax being 30% you will need to pay almost Rs. 12,000 as income tax. The same amount invested in each of your parent’s name (Rs. 2 lakh each) and because this is lower than the limit set of Rs 3 lakhs for senior citizens, they will not be taxed. The income earned by each of you parents will be Rs. 20, 000, and the tax they pay will be Rs. 0.
    It is right ? If right at the time of filling where I want mentioned 3 laks in ITR?
    Please help me madam

  • @JJ-ev5mp
    @JJ-ev5mp 3 роки тому

    You said both option so what is conclusion show presumptive tax or not

  • @sekarchungath1491
    @sekarchungath1491 5 років тому

    Introduction vs lecture
    lecture didn't guide enough to save legally 🤔. Hope lahe lahe meet up cheers and superb 😍👍👏

  • @SaurabhMauryaAmh
    @SaurabhMauryaAmh 3 роки тому

    Dear madam, किसी ने कोई प्रॉपर्टी सर्कल रेट(Stamp Duty Valuation) से कम पर buy किया हुआ है तो IFOS में जो डिफरेंशियल अमाउंट है वह टैक्सेबल हो जाएगा..इसका विवरण किस आइटीआर में जाएगा... ITR-1 में किया जा सकता है OR in ITR-2 ? या कोई स्पेशल आइटीआर है और क्या इसके लिए प्रॉपर्टी का डिटेल भी डालना पड़ेगा buyer को ?

  • @deepmitra3876
    @deepmitra3876 2 роки тому

    Rachna madam pls make a session on tax benefit for clients who are paying donations to Non- profit organizations. And, what legal aspect/ criterias that NPO's have to maintain in order to give tax benefits to their donors...?

  • @thehealthywealthytrader8082
    @thehealthywealthytrader8082 5 років тому

    Mam, Please make Video on Upper and lower circuits of stock market.

  • @MrinalDarshan
    @MrinalDarshan 5 років тому +1

    First time I heard, u asked for subscribing and sharing ur videos

  • @sabinasuresh
    @sabinasuresh 3 роки тому +2

    Ma"am... When u say that cost of hair cut is 8 rs of a beauty salon owner. I assume u meant for a salon owner who owns the place and works alone. Else there are expenses like staff salary, electricity, rent and other overheads too.

  • @MeerAthil
    @MeerAthil 5 років тому +3

    Hi Rachana, All your videos very informative. Many thanks for knowledge sharing. Can you please explain about "Company might be capitalizing the interest cost"?

  • @AjaySawant-n5v
    @AjaySawant-n5v Рік тому

    Maam is this also applicable for freelancers?

  • @madhurapatankar8250
    @madhurapatankar8250 5 років тому +3

    Hello Rachana, thank you for such informative videos. Can you share some knowledge about tax on capital gains from stock market too?

    • @rohitrikhi
      @rohitrikhi 5 років тому +2

      If you get revenue from intraday its on the normal tax slab basis ,
      If you do positional or swing holding stocks for less than a year then its flat 15%
      If you hold stocks for more than a year then there is no income tax
      That's what i know so far

    • @priyanksinghal128
      @priyanksinghal128 3 роки тому

      @@rohitrikhi for long term tax relief is upto amount ₹100000 .. After 1lakh u have to pay tax rate of 10%

  • @abhijitkahale1552
    @abhijitkahale1552 4 роки тому +1

    Please make more videos on bussiness topic

  • @prajwalacharya1894
    @prajwalacharya1894 5 років тому

    Thank you. Madam...

  • @danieljames-dj
    @danieljames-dj 3 роки тому +7

    Hi, if we opt for presumptive tax, is tax audit mandatory?

  • @sarathkp4716
    @sarathkp4716 Рік тому

    Hi , did the government proposal mentioned in the video come into action at present ?

  • @akashkumar-hu7dg
    @akashkumar-hu7dg 3 роки тому +3

    hello ,
    i am a student and i started trading recently and its my only source of income which is less than 2.5 lakh(suppose),then do i have to pay tax and if i have to pay how it will be taxed.

    • @kanishkgiri6429
      @kanishkgiri6429 2 роки тому

      You don’t have to pay it file your taxes but it’s still recommended to do so

  • @Sathishkumar-ln5bh
    @Sathishkumar-ln5bh 5 років тому +3

    0.39 seconds Mass opening madam ,😀

  • @think-tankusa1797
    @think-tankusa1797 2 роки тому

    do companies hire for tax benefit ?

  • @timepass5121
    @timepass5121 5 років тому

    Mam a book named seven secrets of becoming BILLIONAIRE is very simple and useful man. You can read that book in kindle

  • @hemant0088
    @hemant0088 2 роки тому

    Hello Ma'am, Big Fan :) Can you make a video on 44ADA? It would be helpful for individuals.

  • @derikobrain5082
    @derikobrain5082 Рік тому

    I had this. Stupid bank won't give me home loan coz this reduced my gross income as per ITR. Had to move back to regular scheme.

  • @rupjyotibasumatary32
    @rupjyotibasumatary32 5 років тому +1

    Rachna ji please publish a book based on your lecture series on "Basics of stock market" ❤️

  • @muhammedaslam.n4623
    @muhammedaslam.n4623 5 років тому

    Hi mam,where can i buy all your 11 lucters about the basics of stock marketing.i've seen two of your lucters one week ago and intrested to know more about it.

  • @unitedindiainsuranceco214
    @unitedindiainsuranceco214 4 роки тому +1

    Please make a video on penny stock which will help us .....😅

  • @ankitanandgaonkar1103
    @ankitanandgaonkar1103 2 роки тому +2

    Hello ma'am,
    Could u share structure of tax, before & after GST with simple bifurcation/meaning (On short video).

  • @nupurgad2216
    @nupurgad2216 2 роки тому +2

    HI, is there any provision of tax exemption when we go on domestic vacation? I was wondering, apart from LTA, if there is any tax benefit because with domestic vacation we are promoting local tourism

  • @mandarbhide31
    @mandarbhide31 Рік тому

    Slightest करेक्शन ...44 ad is not for pvt ltd ....

  • @iqrauruj1297
    @iqrauruj1297 3 роки тому

    Plz make videos for salaried employees as well

  • @lazykoder
    @lazykoder Рік тому

    Hi Mam, If I am a salaried employee and I have registered a sole prop. company then, will I be eligible for this 8% profit thing?

  • @sm147296
    @sm147296 5 років тому

    Request for a video of GST ANX-1 & ANX-2 In full details

  • @shanthamurthy1234
    @shanthamurthy1234 5 років тому

    Ma'am will it not effects Closing Stock, How will you determine the Closing Stock.

    • @sjain40b
      @sjain40b 5 років тому

      Calculation not required under 44AB. Directly pay 8% of profit

    • @shanthamurthy1234
      @shanthamurthy1234 5 років тому

      @@sjain40b is it not going to effect Stock Value while declaring the GST.

  • @pujakumarisaw2535
    @pujakumarisaw2535 5 років тому

    Hello mam....
    Maine Upstock me apke link ke through demat a/c open... Karwaliya ....
    But muze ye samjh nhi AA rha... Ki what the next step.... Can plz help me ... When I start trade in stock market...???

  • @balajibolli6277
    @balajibolli6277 2 роки тому

    Hello ma’am, can you plz guide me if I am a salaried person and I also own a small business in such case how can I make use of the presumptive tax benefit? Kindly guide me and also is the presumptive tax benefit is available for a medical shop owner ?

  • @true_human_007
    @true_human_007 Рік тому

    CAN SOLE PROPRIETOR OPT FOR 44AD ??

  • @kumareshravi98
    @kumareshravi98 5 років тому +1

    Mam i want a video abt binary options.. Platforms like olymp trade, expert option.,etc...
    Are they legal in INDIA 🇮🇳
    if legal how are they taxed...

  • @MohammadAyman-ow4bo
    @MohammadAyman-ow4bo 2 роки тому

    Can a business man show in his ITR that he bought shares of different company through share market ? ... "to avoid paying tax"

  • @AjayPatil-dh7jq
    @AjayPatil-dh7jq 3 роки тому

    Hello madam...
    I'm forex trader last 9 months on & I'm using foreign broker to trade but their are lots of misconceptions on forex trading & legalisation....
    How I can fill my Income Tax Return on forex income???

  • @the_mants
    @the_mants 5 років тому

    Could you please make a video and explain us about how can we invest in global share market and apply for global IPOs?

  • @anantparth8736
    @anantparth8736 4 роки тому

    Mam suggest any book to complete understanding on taxation for indian stock market ,in all type of investment (intraday ,long ,short,,,,,,,,,,,,,,,,,,,,

  • @rjkrjk3066
    @rjkrjk3066 5 років тому

    Please share how to Save tax legally Capital Gain-Plot Sale .Thank you in Advance

    • @casiddheshsawant1278
      @casiddheshsawant1278 5 років тому +1

      Consider investing in 54EC bonds or 54F buying residential house property in India

  • @aishwaryajoshi3910
    @aishwaryajoshi3910 5 років тому

    Madam, I request you to give your brief regarding karvy case which is recent burning issue.

  • @ramashankargupta427
    @ramashankargupta427 3 роки тому

    Do I need to hire CA or I can do it myself

  • @adityabiyani387
    @adityabiyani387 5 років тому

    Must watch ✌️✌️✌️✌️

  • @SisodiaBhawani
    @SisodiaBhawani 2 роки тому

    Beauty parlors are cover in 44ADA they provide services not product

  • @boldblushblog
    @boldblushblog 2 роки тому

    please make a new video with new rules

  • @premstarc6346
    @premstarc6346 5 років тому

    Kindly if you mention any point of percent please ensure that

  • @dheeraj905
    @dheeraj905 4 роки тому

    Please explain the Origin of taxation system in india.

  • @kunalkantharia5000
    @kunalkantharia5000 5 років тому

    Mam recently there was a news that Yes Bank, Tata Motors and Vedanta to be removed from sensex from Dec 23. Request you to please make a video.

  • @govardhank2777
    @govardhank2777 5 років тому

    Is this section applicable for app developers and how they can claim this section.

  • @victorpatil
    @victorpatil 5 років тому

    Nice Video. Pls make a video on topic like how to save taxes in big businesses through various expenses like car buying ,other machinery buying etc etc

  • @deepakshukla6092
    @deepakshukla6092 5 років тому

    mam please make a video on GDP and what it means for a country and how it affects the country?

    • @sjain40b
      @sjain40b 5 років тому

      GDP is calculated in 3 ways..
      Gdp from 1 of the above method means..total Production value of Goods and services in India..

  • @lakshmehta3200
    @lakshmehta3200 4 роки тому

    What with the gst is it same

  • @superscalper7585
    @superscalper7585 5 років тому

    Thanks a lot for sharing the information ☺️

  • @VMan448
    @VMan448 5 років тому

    Please make video on sovereign gold bonds

    • @MyJaipurCa
      @MyJaipurCa 4 роки тому

      It is good you will get interest and security and tax benefits also.

  • @rathijay3368
    @rathijay3368 2 роки тому

    don’t we have to pay gst if revenue is above 20 lac ?

  • @reyon9698
    @reyon9698 3 роки тому

    I started online site to sell sarees,kurtis.do I have to charge tax on products people buy from my site ,if yes how much.i am new to gst please reply mam

  • @maxvarghese1692
    @maxvarghese1692 4 роки тому

    Pls do make a follow up video on this

  • @ganeshbhat1411
    @ganeshbhat1411 5 років тому

    Please describe about stock intraday turnover taxation

  • @tanvitabsheem4338
    @tanvitabsheem4338 7 місяців тому

    Totally Confused, Let's say I started an IT service business and all the expenses came to around 5lakhs. Let's assume Revenue after one year is just 10lakhs. How much would be my tax? and How to pay less tax legally?