Yes, Parliament me free ki Thali jo khani hai, monthly 70 litre free ka petrol jo claim karna hai aur jindagi bhar pension jo khani hai. Withdraw to karna padega na bhai, desh ke liye hum itn nahi kar sakte hai kya
Please make a fresh video on today's personal tax slab (new & old), exemptions and how to save taxes......as per today's tax slab announcement 🙏 eagerly waiting for video ❤️
Rebate and refund both are different things ... Rebate means simple while computing taxes if the income is less than 7 lac then then you need not to pay any taxes ... On the other hand refund is simple that you have paid by means of TDS and claiming back in ITR filing
You will have to get this rebate in form of refund only. Because your employer doesn’t know your eventual annual income, he will keep deducting TDS based on monthly salary and slab rates, because they cannot suddenly deduct 25000 from your single month salary in case you disclose any other income in February.
Bro.. Rebate will be in the firm of refund only.. As, TDS will be deducted by the employer on his expected income... And we have to pay advance tax during the year., and at last we just only have to reconcile our assumptions.. So if person is eligible for rebate.. He will get refund only.. Bcoz amount has already been deposited to govt. account. 🙂
Employers calculate rebate too while calculating taxable income. Believe me when I say this. Yes there may be exceptions. But expected tax is always calculated after considering Rebate.
Yes but according to new scheme slab rate 7 lac income not tax allowed and old scheme slab rat 2.5 lac plus u invest in LIC, FD and others medical health insurance.
It's like lpg subsidy ..1st take more money and rebate 200-300 rs.But now only 13 rupees is rebate ..so in future The government may change his mind and rebate a small portion.. Pls someone reply on this🙏
The rationale behind this is that the Govt wants people to adopt New Tax Regime and also to show that EWS category need not pay taxes. Funny thing is if someone earns rs. 700001, he/she will have to pay 25k as taxes.
Bilkul sahi hai bhai Modiji ne iske pahile bhi aisa hi kiya tha gas ki subsidy pe!! direct gas ki subsidy cut kar ke bhi de sakte the magar aisa nhi kiya to bola ki subsidy bank me jama hogi par aj Kya ho raha hai??
@@Mohsin_Khan1988 chacha rebate congress govt ke time se hi milta aaya hai😂 current govt ne toh bas uska amount bhada bhada ke 25000 kiya hai.... benefit hi Diya hai
Bhai aap puri ek playlist banaye tax bharne ke liye ,salary vale ke liye , farmer ke liye , business ke liye , I am a farmer i not know how to file itr
@catfish9391 If increase in income is less than increase in tax payable before cess then u get Marginal Relief, but available in this new regime/Sec 115BAC follow karne me hi. For example if ur salary is 7.25L then tax payable is 27.5k while if ur salary was 7L then tax payable would be zero. Income increased by 25k but tax payable increased by 27.5k so u get Marginal Relief of 25k. Tax payable now is (27.5k-25k)+4% cess
A refund is the return of money to a customer for a purchase that they are dissatisfied with, whereas a rebate is a partial refund to a customer for a purchase, usually in the form of a discount or incentive. Rebates are often offered by manufacturers or retailers as a way to incentivize purchases, whereas refunds are usually requested by the customer in response to a problem with the product or service.
Sir, very well explained, new regime is only beneficial for 7 or less. No any change in old regime, useless budget. From this ppl discourage from investment. Pls make video on old & new regime differ from each slab.
Agar esa slab bana dete toh woh benefit sabko milta bade tax payers ko bhi jinki income more than 50 lac h rebate isliye h kyuki chote tax payers uske bahane returns file kare aur taxable income dikhaye kyuki govt ko track krne mai help ho rebate ka benefit normal individual logo ko hi milna chaiye kyu ki jada se jada returns file ho
@@drriteshsharma6448 it's not abolished.... Pls check your facts. As per the reports new tax regime will be the default one but one can still choose the older one
Hi Pranjalji. 7 lacs income par old regime me tax Zero hi hota hai. Upto 2.5 to 5 lacs Tax 5% (rebat) Exepmted 1.5 Lacs under 80C Standard deduction 50k
Middle class getting poorer.... Lesser increments...higher housing loan interests and Inflation and no relief in tax ensure they remain slogging class.
People paying tax to government for each and everything whether in form of GST or through Tax and all the government employees are being paid through this amount of TAX received, yet instead of helping the Indian people government employees consider themselves as superior and acts as if they are doing beneficence on us whether they are police or any government hospital doctor etc.
Just to remind, Govt is giving rebate upto 25000.
It can be withdrawn any time just like LPG Subsidy... 😁😁😁
It will 😂
MKC govt ki 😭
@@mohammedtamseelhasan it must after 2024
Yes, Parliament me free ki Thali jo khani hai, monthly 70 litre free ka petrol jo claim karna hai aur jindagi bhar pension jo khani hai. Withdraw to karna padega na bhai, desh ke liye hum itn nahi kar sakte hai kya
Tu na krna withdraw laudia
बहुत बड़ा कन्फ्यूजन आपने आसानी से दूर कर दिया जो तमाम चैनलों को देख कर भी समझ नहीं आ रहा था
Because godi media is doing gibberish discussion on their channels.
@@SalahuddinBaghban aagaya madarasachaap 😂
Thank you for clearing my confusion in simple words.
Please make a fresh video on today's personal tax slab (new & old), exemptions and how to save taxes......as per today's tax slab announcement 🙏 eagerly waiting for video ❤️
Yes sir pls
Yes please make a detailed video, which one will be better
Need one details video on it.. how can we save more...
Rebate and refund both are different things ... Rebate means simple while computing taxes if the income is less than 7 lac then then you need not to pay any taxes ... On the other hand refund is simple that you have paid by means of TDS and claiming back in ITR filing
hmm.bhai ye pagal lok h.adhe youtubrrs kk kuch ni pta hota..
You will have to get this rebate in form of refund only. Because your employer doesn’t know your eventual annual income, he will keep deducting TDS based on monthly salary and slab rates, because they cannot suddenly deduct 25000 from your single month salary in case you disclose any other income in February.
Bro.. Rebate will be in the firm of refund only.. As, TDS will be deducted by the employer on his expected income... And we have to pay advance tax during the year., and at last we just only have to reconcile our assumptions.. So if person is eligible for rebate.. He will get refund only.. Bcoz amount has already been deposited to govt. account. 🙂
Employers calculate rebate too while calculating taxable income. Believe me when I say this. Yes there may be exceptions. But expected tax is always calculated after considering Rebate.
Yes but according to new scheme slab rate 7 lac income not tax allowed and old scheme slab rat 2.5 lac plus u invest in LIC, FD and others medical health insurance.
thank you so much for this. I was so confused. now it is clear.
It's like lpg subsidy ..1st take more money and rebate 200-300 rs.But now only 13 rupees is rebate ..so in future The government may change his mind and rebate a small portion..
Pls someone reply on this🙏
Well said...!
well it's inevitable under Nirmala Bhabhi worst FM ever
Government will find any way to take tax. That's why we should never be happy if tax is low cause government will take it other way.
Arre sir Rebate or subsidy alag alag cheez hai. Antar samjhiye phele.
@@yogi289714 Rebate hamesha milti rahegi kya ? Ye kabhi khatm nhi hogi ? 🤔
Thank you for clearing the confusion 💯
Pranjal bhaiya u r so humble kind and helpful lucky to have u on UA-cam channel
आज के पहले मुझे यह बात बिल्कुल समझ में नहीं आ रही थी आपने सिंपल कर के बहुत अच्छे से समझाया आपका बहुत-बहुत धन्यवाद🙏🙏🙏🙏
Thanks man for clearing this
Kya kamaal ka explanation 👌👌👌 1 min m sara confusion dur
The rationale behind this is that the Govt wants people to adopt New Tax Regime and also to show that EWS category need not pay taxes.
Funny thing is if someone earns rs. 700001, he/she will have to pay 25k as taxes.
I know its stupid ..1 rs extra and you owe 25000 tax
This is very informative 👍Thank you for clarifying
Sir, आप जैसी जानकारी कोई नहीं देता है।
Thank you sir
sir rebate refund nhi hoti balki itr mein tax compute krte time kee deduct ho jati hai. i.e. nil tax to be paid
yaar kya itna complecated kiya hai simple tax kyo nahi rakhte
Thanks for Genuine Information Sir ❣️❣️🙏🙏
Bilkul sahi hai bhai Modiji ne iske pahile bhi aisa hi kiya tha gas ki subsidy pe!! direct gas ki subsidy cut kar ke bhi de sakte the magar aisa nhi kiya to bola ki subsidy bank me jama hogi par aj Kya ho raha hai??
Ye subsidy nhi hai bhai. Rebate hai. Antar jaan lo dost.
@@yogi289714 bhai still aksar refunds late ho jaave
@@asianguy86 Bhai ye On the spot milta hai. Ye mille bina Return file nhi ho sakti
Aur le ke aao bjp ko
@@Mohsin_Khan1988 chacha rebate congress govt ke time se hi milta aaya hai😂
current govt ne toh bas uska amount bhada bhada ke 25000 kiya hai.... benefit hi Diya hai
Yahi mai kab se soch raha tha. Thanks for making things clear.
Thankyou sir for clearing confusion
I think Nirmalaji herself get rid of the confusion she is having after seeing this short as the budget she read was prepared by someone else
Very nice budget for the middle class... 👍👍👍
Thanks Pranjal for clarification
Aap kaa samjane kaa tarika bahot aasan hai❤️🙏
Congratulations sir for 5M subscriber 👍👍👍🥰🎉🎉🎊🎊🎊🎊
Thank thank thank you for clearing it
Very sensible....👍👍
Good Explained sir
give details video on income tax new vs old regime which one better for how much income!!!!!!!!!
Tax Pe Tax Again And Again. Only Salaried And Pensioners Are Badly Affected. Chores Are Not Bound By Baseless Rules.
Bhai aap puri ek playlist banaye tax bharne ke liye ,salary vale ke liye , farmer ke liye , business ke liye ,
I am a farmer i not know how to file itr
Javab jarur dijiye ga
This 7 lacs 0 tax also comes under new tax regime.
Nice to know this!
After election 2024, this rebate will also go away 😆
Is it for next year(2023-24) or current year tax return filing (2022-23)
Yes next year
Bai aap samjate bahut hi achchhe se ho
and rebate refund nahi hota but at the time of calculation he less ho jata hai
Searching for this exact videoo 🙏🏿🙏🏿💚
Wow genius LOL 🤣🤣🤣
Ohhh ab samajh me aya thanks for making video
Thank you 🙏
Thanks sir, isme meko bhut confusion tha🔥🔥🔥
Thanku so this information ❤️🙏
Fir to bhai jo 7.5 lakh kamate honge unki to watt lag gyi
Par mujhe rebate nhi chahiye 7 lakh hi kamuado bs 😁
Bhai 50k ka Standard deduction milega tumka
Right..
There is a concept of marginal relief also so don't worry so much
@catfish9391 If increase in income is less than increase in tax payable before cess then u get Marginal Relief, but available in this new regime/Sec 115BAC follow karne me hi.
For example if ur salary is 7.25L then tax payable is 27.5k while if ur salary was 7L then tax payable would be zero. Income increased by 25k but tax payable increased by 27.5k so u get Marginal Relief of 25k.
Tax payable now is (27.5k-25k)+4% cess
Thanks for the info.
Thank you sir 🙏🙏🙏
Kya lic ya other saving karne par bhi chutt milegi kya ??
Janta se le ke janta ko wapas de do , wah re game.
Ab aaya meri samajh me , thank you
A refund is the return of money to a customer for a purchase that they are dissatisfied with, whereas a rebate is a partial refund to a customer for a purchase, usually in the form of a discount or incentive. Rebates are often offered by manufacturers or retailers as a way to incentivize purchases, whereas refunds are usually requested by the customer in response to a problem with the product or service.
Thank you for this ❤️❤️
Thank you for clarifying. Basically salaried class is still going to get thullu.
You cleared whole confusion🤘🏻
Please make latest video for yr 2024-2025
Sir, very well explained, new regime is only beneficial for 7 or less. No any change in old regime, useless budget. From this ppl discourage from investment. Pls make video on old & new regime differ from each slab.
Great....video
Thank You Sir 👍✌️
2024 budget old regime will go forever. Mera desh badal raha hai..Saving society to spending society…
Superb 👍
Sara confusion Sar aapane Dur Kar Diya 👍
What about old tax regime? Is there any change that too?
Fill your income tax return for rebate I've got my 20k back easily
Thanks , बहत सारा Confusion गया 30 Sec मै , agaain Thank you Sir
Any changes for old tax regime?
Full video please 🙏
As per New Tax Regime standard bhi milega ab of 50k. Iska matlab 7.5 LPA ki salary tax free ho gayi. Please someone correct me if i am wrong
Yes
750000-50000=700000 when ur income is 700000 definitely ur income tax is 0 while choose of new tax regime.
Dear pranjal sir, Then first taxable slab 3-7 hi kyu nahi rakha agar rebet denahi tha to? Ek short video mai example ke sath bataiye please
Agar esa slab bana dete toh woh benefit sabko milta bade tax payers ko bhi jinki income more than 50 lac h rebate isliye h kyuki chote tax payers uske bahane returns file kare aur taxable income dikhaye kyuki govt ko track krne mai help ho rebate ka benefit normal individual logo ko hi milna chaiye kyu ki jada se jada returns file ho
Sir please make a detailed video on the difference between the new tax regime and the old tax regime for 2023-24
Tnks bhai
Pl make full video for income tax for both scheme
Please make a video assuming a person is earning 10 or 12 lakhs per annum, then which one he/she should opt for old or new tax regime
New tax regime... Old one is abolished
@@drriteshsharma6448 it's not abolished.... Pls check your facts. As per the reports new tax regime will be the default one but one can still choose the older one
Again no benefit in old tax regime.
Thank you sir
Refund kb milta hai?????
Aur ye sirf new tax regime walo ke liye hai 😁😁
Old tax regime is good when you made proper tax planning
Maje a full video on this tax slab and will deductions are there or not ,many confusion
Deductions and Exemptions is not allowed under new tax regime but 1 deduction is allowed is 80 CCD(2)
Boss yehi phele b tha
Tab hum sabe krlete the under 80c aur 80ccd ke under wo jyda better tha atleast saving hoti thi
Bhai mera bhi yehi doubt tha🙏🙏🙏
please explain 44ADA in new and old regime 🙏🙏🙏
sir, 80c and 80d is demolished. how wil we get rebate???
Return bhi ussi tarah karenge jaise LPG subsidery.
Apne man ka
I was waiting for your video on this and there you are. Thanks a lot.
Waiting for complete video on this … new vs old tax regime 2023..
Thanks🙏🙏
Hi Pranjalji.
7 lacs income par old regime me tax Zero hi hota hai.
Upto 2.5 to 5 lacs Tax 5% (rebat)
Exepmted 1.5 Lacs under 80C
Standard deduction 50k
sab logon ko mf investment/insurance/home loan exemption nehi chahiye
@@sjgghosh7677 wo hi na chu bana diya hai ghuma kar baat toh wo hi hai
bhai 80C depend krta , uske liye eligibility chahiye , sabko nai milta 80C .Or standard deduction u/s 16(i) bhi sirf salaried incomes pe hota , Gross Total pe nai !!!
@@zain8571 80C k liye kya eligibility chahiye?... Plz explain
@@sjgghosh7677 logo ka ku6 na ku6 hota hai..PF bhi hota hai..
Actually its 7.5 lacs becoz u get standard deduction of 50k rupees, i calculate and deduct tax in govt office!
Budget ka full video banayea sir
Middle class getting poorer.... Lesser increments...higher housing loan interests and Inflation and no relief in tax ensure they remain slogging class.
this slab will work on this year tax or next year tax???
People paying tax to government for each and everything whether in form of GST or through Tax and all the government employees are being paid through this amount of TAX received, yet instead of helping the Indian people government employees consider themselves as superior and acts as if they are doing beneficence on us whether they are police or any government hospital doctor etc.
NEW TAX RULE MEIN 80C 1.5 LAC EXEMPTION NOT APPLICABLE
Sir standard deduction on salary jo badhaya hai vo new tax regime ke liye hai ya old wale
Good information
Thanks
What about 80c in 3-6L bracket , is it covered?
Means itr file krna hai hai..agar 7 lakh se kam income hai toh...ya file nhi krna padta hai
I know it in first time no confusion
Pehle ke slab me bhi to yahi chiz thi waha bhi 2.5 to 5L 5% tha jisme 12500 ki rebate milti thi
One question bhaiya if gross is more than 7 lacs but net pay is less than 7 lacs then will rebate thing apply or not?