Indian Tax System Explained | All you need to know | Easiest explanation Ever | Aaditya Iyengar CFA

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  • Опубліковано 10 січ 2025

КОМЕНТАРІ • 475

  • @mohitk_
    @mohitk_ 9 місяців тому +116

    Just on point information, no bs

  • @yagneshgadhvi
    @yagneshgadhvi 8 місяців тому +93

    The way it is explained in clear cut hindi... Its just simply awesome....❤ This video deserves much more

    • @niteshsahni174
      @niteshsahni174 7 місяців тому +2

      This is not even 10% of actual tax course

    • @yagneshgadhvi
      @yagneshgadhvi 7 місяців тому

      @@niteshsahni174 I'f u know more then make a video...

  • @Joegolberg1
    @Joegolberg1 Місяць тому +430

    Small taxes can affect investment decisions such as whether to choose tax-free municipal bonds over taxable bonds or do a Roth IRA conversion. I’ve been sitting on over $745K equity from a home sale and I want to invest on the stock market, how do I achieve this without being taxed twice?

    • @Benjaminarmstrong684
      @Benjaminarmstrong684 Місяць тому

      There’s more benefit to holding fixed-income assets in tax-deferred retirement accounts as opposed to taxable accounts. If you're not who understands strategies to invest in the market, seek a Financial advisor to guide you.

    • @TilSchweiger-i3f
      @TilSchweiger-i3f Місяць тому

      Indeed, I did make use of a financial counselor. As I get closer to retirement, their advice has been really helpful. I thought compound interest on index funds wouldn't be sufficient because I started late. It's amusing how I've done better than colleagues who have more years of investment experience. I've profited more than $886k tax free.

    • @Joegolberg1
      @Joegolberg1 Місяць тому

      this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

    • @TilSchweiger-i3f
      @TilSchweiger-i3f Місяць тому

      GREGORY LEO CATTEL is the licensed FA I work with, I can't speak much about him you should make a search with his name, you'd find the necessary details to schedule an appointment.

    • @Joegolberg1
      @Joegolberg1 Місяць тому

      he appears to be well-educated and well-read. I ran a Google search for his name and came across his website; thank you for sharing.

  • @sakshi.aggarwal433
    @sakshi.aggarwal433 8 місяців тому +311

    as a ca intermediate student i was familiar with all the said terms and feel glad that the things i learn in my classes are too much practical in our daily lives 😇😇

    • @ROHITKUMAR-xh3vd
      @ROHITKUMAR-xh3vd 8 місяців тому +2

      mee too

    • @rishabhchauhan8948
      @rishabhchauhan8948 8 місяців тому +1

      Matlab aapne bus lectures suna hai,
      Process nahi kraa😢

    • @sakshi.aggarwal433
      @sakshi.aggarwal433 8 місяців тому

      @@rishabhchauhan8948 phle exams dene h bro concept retain ho jaee itne sb vo bhi bhot h 😂

    • @Daddy_Of_soraML
      @Daddy_Of_soraML 8 місяців тому

      ​@@sakshi.aggarwal433hii!

    • @amanjeesingh
      @amanjeesingh 6 місяців тому

      i feel familiar too, but i am persuing BBA

  • @anmol6836
    @anmol6836 9 місяців тому +16

    needed tax planning video on UA-camrs' Income. If someone is earning 50 Lacks per year so how he/she should proceed with tax planning.

  • @chitransh6004
    @chitransh6004 8 місяців тому +19

    Mann! This video is undoubtedly the one-stop solution for all Indian Tax Related doubts ❤❤ Lots of love and support bhaiya, plz keep awaring the general people about it though they don't understand its value but, as a commerce student, your video was very helpful.

  • @mayukhsinha6578
    @mayukhsinha6578 7 місяців тому +39

    Short. Crisp. Simple. Thank you for this.
    😊

  • @billu1322
    @billu1322 8 місяців тому +22

    tbh people whose total income is upto 7lakhs are paying 0amt of tax under new regime due to rebate u/s 87a which is also very good initiative by govt to attract people to calculate their income under new reg which altogether eliminates majority of ded which in turn help our country to grow gdp

  • @AnimeHorizon4
    @AnimeHorizon4 9 місяців тому +51

    Bhai you are my inspiration ❤ after watching your videos I'm gonna prepare for CFA exams . And pls bhai make more videos on CFA

  • @AbigailOliviaq4l
    @AbigailOliviaq4l 3 місяці тому +344

    It seems certain stocks are undervalued, flying under the radar despite their potential. You can't help but wonder when the market will recognize their true worth. How can I invest $600K wisely to ensure our future security?

    • @LoganGabriel6m
      @LoganGabriel6m 3 місяці тому

      It's frustrating when market inefficiencies persist, particularly with undervalued stocks. Consider consulting an advisor for smarter investing decisions.

    • @SophiaChloé6f
      @SophiaChloé6f 3 місяці тому

      Your advisor appears skilled. How can I contact them? I've recently sold property and aim to invest in stocks, seeking guidance.

    • @SophiaChloé6f
      @SophiaChloé6f 3 місяці тому

      I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

    • @achyutbatman9094
      @achyutbatman9094 3 місяці тому +5

      How dumb can u bots get

    • @shivakoliar4846
      @shivakoliar4846 2 місяці тому

      If a person earns more, they are taxed more. persons who are doing business or owning a factory, they are taxed more. The government collects taxes from people and do many work which are necessary for everyone.
      For example a road has to be constructed, so taxes are collected. But the person who earns more has to pay more tax than others. The construction of roads is needed by everyone. So the persons who are paying more taxes, would surely feel this is unfair for them. They would surely feel that everyone should pay equally for the construction of roads. So the rich people would want that money back.
      Everyone should pay an equal amount of tax. From that money, the work must be done. If a person can pay just rupees 1000 as tax, then everyone should be taxed rupees 1000. If the government falls short of money for the construction work, then they could ask for more money from rich peoples and then that money should be returned to them after collecting taxes from all other low income persons. It may take many years, but this should be done.
      Now as the people who owns business and factories, they are taxed more, so to make up for that money, they pay low wages to their people in their companies. Also they scold too much and also they ask for sex.
      So for this problem to end, everybody should be taxed the same amount of money.

  • @dp6943
    @dp6943 7 місяців тому +7

    4:24
    Concept of cess
    Indirect tax
    Direct tax
    New tax
    Small tax high deduction
    Old tax
    Large tax small deduction
    New regime
    Old regime

  • @prathmeshkulkarni6108
    @prathmeshkulkarni6108 7 місяців тому +72

    Sarkar is like paisa lo raat bhar development karo jhaat bhar

    • @Sarita23vlogs
      @Sarita23vlogs 6 місяців тому +1

      😂

    • @MIRZAGHANIII
      @MIRZAGHANIII 5 місяців тому +2

      Government be like : Tax lo raat bhar development Karo jhaant bhar 😂

    • @abhaysahu774
      @abhaysahu774 5 місяців тому

      Sahi kaha

    • @Kushal8189
      @Kushal8189 5 місяців тому

      Sabse bada koi mdrchd hai to woh municipality or nagarpalika vale hai,, bkl bade bade Ghar aur kothi banate hai lekin hame dimak ki tarah khate hai😢

    • @shivakoliar4846
      @shivakoliar4846 2 місяці тому

      If a person earns more, they are taxed more. persons who are doing business or owning a factory, they are taxed more. The government collects taxes from people and do many work which are necessary for everyone.
      For example a road has to be constructed, so taxes are collected. But the person who earns more has to pay more tax than others. The construction of roads is needed by everyone. So the persons who are paying more taxes, would surely feel this is unfair for them. They would surely feel that everyone should pay equally for the construction of roads. So the rich people would want that money back.
      Everyone should pay an equal amount of tax. From that money, the work must be done. If a person can pay just rupees 1000 as tax, then everyone should be taxed rupees 1000. If the government falls short of money for the construction work, then they could ask for more money from rich peoples and then that money should be returned to them after collecting taxes from all other low income persons. It may take many years, but this should be done.
      Now as the people who owns business and factories, they are taxed more, so to make up for that money, they pay low wages to their people in their companies. Also they scold too much and also they ask for sex.
      So for this problem to end, everybody should be taxed the same amount of money.

  • @Adv.AmanTiwari-bg8hs
    @Adv.AmanTiwari-bg8hs 7 місяців тому +4

    Appreciate the straightforwardness. To the point and covered most of the important aspects. Looking forward to your new and old regime comparison.

  • @VengeancePlayzz
    @VengeancePlayzz 27 днів тому +5

    Sab log hastags use kar rhe hai social media pe but on one started zero tax country bas ek bar Socho. If India becomes tax free country the progress will be huge and eg:- next level ki imports dikhe ghe like cars from different countries so isliye some people try to leave India because of tax system.

  • @Gymboyr8h
    @Gymboyr8h 3 місяці тому +4

    Excellent sir 😊 muje economic name se chid h but... Aapne itne mazedaar tarike se samjaya thanks a lot🙏❤❤❤

  • @siddhantpawar3886
    @siddhantpawar3886 9 місяців тому +5

    Aaditya please make one video on DTAA also waiting for your more knowledgeable videos like this..

  • @KailashYadav-eq6jo
    @KailashYadav-eq6jo 7 місяців тому +7

    Sir aap please video banate rhna
    Me abhi 12 th me hun
    Aur muje aapke video bahut interesting lagte hai for knowledge purpose ❤😊

  • @anonymousaspirant7780
    @anonymousaspirant7780 2 місяці тому +2

    We can't say this is a complete video, examples are good.

  • @mokshshahnand9975
    @mokshshahnand9975 18 днів тому +1

    bro such an informative video, everyone should know these basic concepts

  • @khangembamkumar7274
    @khangembamkumar7274 2 місяці тому +2

    Simple, but highly valuable content 💯

  • @gravityexpress2102
    @gravityexpress2102 6 місяців тому +4

    need more such content...great job

  • @Sawan_jha
    @Sawan_jha 7 місяців тому +5

    2:07 Direct tax wo hota h jiska burden transfer nahi hota or indirect jiska burden transfer hota h( gst consumption based h par har indirect tax consumption based nahi hota?

  • @PalashChakraborty-yh7tm
    @PalashChakraborty-yh7tm 3 місяці тому +2

    Better than any teacher

  • @Mayur.Karkade_
    @Mayur.Karkade_ 8 місяців тому +40

    Dill Jeet Liya Bhaiyaa Aap ne To Next Episode Comming Soon ❤😊🎉

  • @sam-f8x2d
    @sam-f8x2d 11 днів тому

    Timestamps (Powered by Merlin AI)
    00:02 - Explanation of Direct and Indirect Taxes in Indian Tax System
    02:12 - Understanding the fairness in indirect taxes through GST
    03:55 - GST registration and compliance
    05:35 - Input tax credit allows businesses to offset the GST paid on inputs against the GST liability on the final product.
    07:15 - Understanding Indian Tax System and Direct Tax
    09:09 - Business expenses and depreciation are tax deductible to promote business growth and employment.
    10:55 - Understanding advance tax and old vs. new tax regime
    12:22 - Choose between old and new tax regimes based on income and deductions eligibility

  • @fromBureaucrattoleader
    @fromBureaucrattoleader 2 місяці тому +2

    wonderful info about tax regime....

  • @KumR
    @KumR 9 місяців тому +6

    Thanks Brother ... Can you create a separate video on property gain tax ?

  • @pankajjangra5836
    @pankajjangra5836 4 дні тому

    Point to point information ❤❤

  • @VarinderSingh-gb9pn
    @VarinderSingh-gb9pn 3 дні тому

    Nice sir ,bahut aacha smjhya aapne

  • @nisharai1874
    @nisharai1874 Місяць тому

    Fantastic video sir....in a easy language you have explained really well

  • @tsharktooth215
    @tsharktooth215 20 днів тому

    Awesome edit bhai i really love this edit ❤

  • @JKR2166
    @JKR2166 9 місяців тому +7

    Adani ka full bussiness kaise chalta hai aur woh kya kya strategy use kartevhai

  • @amiyasatpathy608
    @amiyasatpathy608 2 місяці тому

    Very fruitful video, excellent 👌You have covered many things in a short span of time.

  • @Johnsnow..
    @Johnsnow.. 7 місяців тому +6

    Physics samajhne se jyada difficult india ka tax system hai.

  • @amittallimani5037
    @amittallimani5037 7 місяців тому +2

    This was very helpful in understanding Indian tax system

  • @freefirecollection8408
    @freefirecollection8408 9 місяців тому +2

    Thank you bro for example these 😊😊

  • @saifahmad693
    @saifahmad693 5 місяців тому +15

    Commerce students button
    👇

  • @spacexgaming2633
    @spacexgaming2633 8 місяців тому +4

    I need more videos like this🤘🤘

  • @Chalo_Taste_Karen
    @Chalo_Taste_Karen 5 місяців тому +2

    Ek dam jhakaas

  • @sumitaverma-r7m
    @sumitaverma-r7m 2 місяці тому

    Informative Video For Those people who are new to tax system
    but tbh it is very limited explanation as it a wide subject and need lots of details.. there are lots of details in it you just gave an overview but need to learn a lot ❤🙌🏻
    I'm not hating, it's just the saying " Half knowledge is worse then NO knowledge "

  • @sandhyabaghel4045
    @sandhyabaghel4045 8 місяців тому +4

    Make a video of "Taxation structure in India"

  • @vinitgupta1648
    @vinitgupta1648 7 місяців тому +2

    Loved the information. Please make video on Old vs New Regime

  • @dipakrathod1699
    @dipakrathod1699 4 дні тому

    Very valuable information and given style is very street

  • @fitness_freak_navin
    @fitness_freak_navin Місяць тому +1

    Quite informative.

  • @blazestriker3372
    @blazestriker3372 6 місяців тому

    Looking forward to the continuation video🙌🏻

  • @jagrajsinghsidhu706
    @jagrajsinghsidhu706 Місяць тому

    Thanks so much ,Sir
    Please prepare a video on the Pensions (Retired Government Employees)

  • @Sawan_jha
    @Sawan_jha 7 місяців тому +2

    2:55 no gst on alcohol liquor for human consumption

  • @Deadly_streamer
    @Deadly_streamer 9 місяців тому +2

    @Aaditya Iyengar aapne 7.5 lakhs tak ka toh income slab samjha diya. but what if you are making more than 7.5lpa how much percentage will you have to give after that ? By the way waiting for the next video old regime and new regime. YOU JUST EARNED A NEW SUBSCRIBER...😂👍 Also if the company isn't the one paying your taxes or if you are having a business making 1Cr whom do you pay these taxes to and how to give it. can you make a video on that too.

    • @lordmoneyengar
      @lordmoneyengar  9 місяців тому

      I will explain in detail in the regime video

    • @Tanishkmalviya
      @Tanishkmalviya 9 місяців тому

      Bataya toh bro, slab k hisab se pay karna hota h directly 8 lacs ka 10% nahi dena.
      Its like tax k slabs h uspe jitna Paisa likha h itna rakho aur jo tax likha h utna do, so if you are earning 15 lakh toh 0-2.5 Wale slab pe 2.5 lacs rakh diye then 2.5-5 lacs pe 5 lacs and so on. Last m jab kuch paise na bache toh buss sare slabs pe kitna kitna tax Banta h usko total karlo aur ye jo gaya tumhara total tax

  • @AmreshPatnaik-v7c
    @AmreshPatnaik-v7c 4 місяці тому +1

    Indian tax system simple explanation is
    "Jo kharidna hai kharido, jitna kamana hai kamao, lekin nirmala tai cut dena padega"

  • @05_gaming_mukesh41
    @05_gaming_mukesh41 5 місяців тому

    Best explanation ever ❤

  • @rifat.y7742
    @rifat.y7742 5 місяців тому +2

    Very detailed 👍

  • @yuvrajlal-12
    @yuvrajlal-12 6 місяців тому +4

    CAs be like zor zor se chilla kar logo ko scheme bta de 😂😂
    Jokes aside this was very basic knowledge no doubt we require CAs to manage our finances

  • @mayurteli91
    @mayurteli91 7 місяців тому +2

    Thank you for sharing this ❤

  • @iamkaushal06
    @iamkaushal06 9 місяців тому +4

    Video old and new regime ❤

  • @PawanPatel-cc6zw
    @PawanPatel-cc6zw 9 місяців тому +1

    Adi Bhai Great

  • @srinivasmallya017
    @srinivasmallya017 23 дні тому

    Nicely explained sir well said for Non CA community....
    I am a CA Final Student ❤🙂 Hame to Tax Tax Tax yehi zindagi he 😂

  • @lokendra_nath
    @lokendra_nath 2 місяці тому +4

    bhai ye bhi batao ki gst ka paise neta log kaise khate hai 🥲

  • @mohanvaishnav7050
    @mohanvaishnav7050 9 місяців тому +2

    Chalo acha hua video dekh liye
    Kal mera INCOME TAX ka exam h😂😂

  • @fk1790
    @fk1790 4 місяці тому +2

    Bhaiya ek query he jab tds deduction ho jata he to hame fir se itr pay karna padega ya nhi aur ha ek baat aur tds ka claim kha se hota iske liye kya krna hota hai please reply

  • @RajivPatidar205
    @RajivPatidar205 Місяць тому

    Very nicely explained👍🏻✨

  • @PravinSulakhe
    @PravinSulakhe 2 місяці тому

    Really knowledgeable Banda ❤

  • @CinemaVibes7450
    @CinemaVibes7450 7 місяців тому +2

    Explain in simple words.

  • @nousernameformehuh
    @nousernameformehuh 26 днів тому +1

    quick question, u said that, as a salaried person, we get our salaries after the deduction of taxes, so are we supposed to pay the tax again after we get paid?

  • @rohannagar9742
    @rohannagar9742 8 місяців тому +6

    Part 2 chahiye iska. ❤❤❤

  • @stutijain9254
    @stutijain9254 2 дні тому

    Pls make video on understand and file ITR

  • @Salak_music
    @Salak_music 21 день тому +3

    Wtf i am just thinking about Indian tax system few minute ago and out of nowhere UA-cam recommended me thia video😮😮😮

  • @HETUJVORA
    @HETUJVORA 7 місяців тому

    Bhai yaar love u yaar , sachem useful tha

  • @Mohammed.AltamashKhan
    @Mohammed.AltamashKhan 6 місяців тому

    Thank you brother for the knowledge 🎉❤😊

  • @Darshan-D-Prajapati
    @Darshan-D-Prajapati Місяць тому

    Lecture 1 - Basic Concepts of Tax 😂, to be honest is nice & clear cut knowledge but all this was my lecture 1 of my ca Intermediate taxation paper so it not comparison between CA and This person, all this helpful to ca that people knows that how Taxation is so pursue CA for more ....

  • @rajrishi.d
    @rajrishi.d 7 місяців тому +2

    Nicely explained 👍🏻

  • @131-bvijayatiwari8
    @131-bvijayatiwari8 2 місяці тому

    Nice explanation
    Thanks❤

  • @palakVishwakarma-sq4jv
    @palakVishwakarma-sq4jv 7 місяців тому

    Thank you bhaiya for such an informative video

  • @Raunak_kr07
    @Raunak_kr07 23 дні тому +1

    sir crypto pr kitna tax lagta h ispe video banaye

  • @Sinmanisha
    @Sinmanisha 8 місяців тому

    Super smooth explanation ❤😊

  • @fear671
    @fear671 Місяць тому

    Mera dimag ghum gya pura 🥺🥺😭😭 tohda bhot smjh aaya per achi video thi

  • @USER-el8sk
    @USER-el8sk 7 місяців тому +1

    Can u make a video ơn how richest people in the world doesn’t pay tax. Please

  • @abhishekpatil9552
    @abhishekpatil9552 9 місяців тому +2

    Sir please explain cfa practical skills module

  • @tinatuna7620
    @tinatuna7620 4 місяці тому

    I'm so stupid that I'm gonna have to watch this video a couple more times to understand even the basics.

  • @rahulagrawal-l2o
    @rahulagrawal-l2o 8 місяців тому +3

    bhai 5 to 7.5 pe @10%, should be 25k right.?

  • @shubhamdas6519
    @shubhamdas6519 7 місяців тому

    Thanks for the video sir, please make more easy to understand video.

  • @MithunKumar-es2kd
    @MithunKumar-es2kd 21 день тому

    Easy explanation 🙂

  • @rahulsharmavv
    @rahulsharmavv 7 місяців тому +2

    All the terms discussed were known to me.......Note :: Ca inter student 😎

  • @brijeshribadiya
    @brijeshribadiya 8 місяців тому +2

    still a question, tax slabs to samaj aaya but in stock market Long term tax 10% hei to muje mere profit pe 10% dena hei aur fir tax slab vala bhi dena hei ya sirf slab wise hi dena hei??????

    • @lordmoneyengar
      @lordmoneyengar  8 місяців тому

      Stock market ka hisaab alag hai, slab is for your salary/business income. Market profits par capital gains lagega.

  • @vivekshrivansh8912
    @vivekshrivansh8912 20 днів тому

    Great explanation 👏

  • @Zanime14s
    @Zanime14s 8 місяців тому

    Fully knowledgeable video bhai ❤

  • @questionmark1436
    @questionmark1436 Місяць тому

    Very informative video brother

  • @neetaspirants2025skvlog
    @neetaspirants2025skvlog 6 місяців тому +2

    Tax planning per video chahiye

  • @garvkansal7484
    @garvkansal7484 3 місяці тому

    Video on old regeme and new regeme plzzzz❤

  • @hr20_ANKIT
    @hr20_ANKIT 18 днів тому +1

    Government employees ko bhi income tax dena hota h kya?

  • @DrSwarupKumarPatra
    @DrSwarupKumarPatra 7 місяців тому +2

    Suppose 9 Lakh Credit card of SAVINGS ACCOUNT is used in Flipkart and Amazon for mobile purchase for others,
    " Instant Discount " 10 % to 7 % based on mobile price .
    Now the % is shared with the mobile shop , finally I am getting 2/3 % of 9 lakh credit card use ,
    So profit 27K . Assume if the total 10 % I am taking then also 90K profit .
    Income not even 1 lakh .
    What is my tax liability?
    Will they say credit card used means 9 lakh should be your income ?
    Tell me one thing more that Instant discount ( not cashback) is considered as income ?
    Kindly share your valuable knowledge with me , I appreciate your time and patience during reading .

  • @rahulpullanikkat4106
    @rahulpullanikkat4106 6 місяців тому

    Waiting for tax planning video, amazing informative video !!

  • @adittyaroy466
    @adittyaroy466 2 місяці тому

    Please give a video of old & new regime tax 😊.

  • @SACHINRUNNER
    @SACHINRUNNER 8 місяців тому +2

    Food pe tax clam nahi hota hai isliye food wali Company gst ka pesa includ karke sale karti hai

  • @holicnature
    @holicnature 8 місяців тому +2

    Bhaiya great video❤
    Just one thing that alcoholic liquor for human consumption is not taxable under GST right?

  • @MansiUpadhyay-t9z
    @MansiUpadhyay-t9z Місяць тому

    very well explained.

  • @MenteCuriosa7255
    @MenteCuriosa7255 6 місяців тому +2

    It' took me two fucking years for this...... Believe me guy's this aren't this simple 🙃🥴

  • @himankshu
    @himankshu 6 місяців тому

    Please make a video on new and old regime

  • @statuswithkanha9374
    @statuswithkanha9374 8 місяців тому +6

    Are new revised regime
    0-3 -nil
    3-6. -5%
    6-9---10%
    9-12----15%
    12-15----20%
    15 above 30%
    Are update ho ja kyun galat information spread kar rha he
    Isise jada to ca inter student bahat jante he

  • @vaishalimahtha749
    @vaishalimahtha749 7 місяців тому

    Next part please from business perspective

  • @siddhesh_shigvan6463
    @siddhesh_shigvan6463 8 місяців тому +2

    great information...👍