Bet You Didn’t Know This About Saving Tax

[prasanthsikakollu]

If 1.5L is shaata, then 50k is also shaata only😂

[GauravSingh-tlrt]

Join CA, you will get to learn all these and many more 😂

[prasadankulwar]

if your employer provides a facility of NPS deduction, it can give you additional tax benefit of 10% of your basic salary over and above these 2 lakhs

[ramanatechfactology]

Meanwhile me learned this in ca inter lol 🤧😂

[shobhikasanthosh]

Hey Sharan,
Amazing video!! Really appreciate the efforts you take. Please continue making more amazing content.
Lots of love

[opentech]

All benifits would be valid for anyone earling less than 20 lakhs, if someone earns 50 lakhs as salary there is absolutely nothing you can do to save tax.

Possible ways to reduce tax

1. 80c
2. Nps (50k extra )
3. If you opt for 10% of base salary as employer contribution to nps you can reduce this from taxable income( old and new regime )
If you have home loan and insurance premium old regime might be beneficial

[anubhav]

50k literally reduces so much tax, right

[kiran]

Appreciate the creativity in conveying important info.
Suppose if I invest in EPF, ELSS, PPF etc in 80C; and start afresh with NPS for 50k, would this sole 50k be in 80CCB (over and above )?

[nayanah]

"I follow my man psych delivery of words.. Superb

[persistentdeveloper]

Bro fan of you, you are so genuine, true content creator

[gauravarora]

Nice video Sharan, would really appreciate if you could make a detailed video about NPS as it has some separate section for employer's contribution which is again tax free.

[lgftemp]

I already knew this. Completing e-sign in nps is still a headache for me

[KumarPrashant]

Sounds good.. but once you invest in pension scheme, you can't withdraw money if you need in between and you can get it after retirement only..

[b]

Who would be getting 50 lakhs salary his pf section would have reached 1.5 lakhs, he doesn’t need elss at all

[nikhilpaleti]

They taught this in my Engineering college. But even the 50K will be shaata, especially since it should all go to NPS
Helpful for securing future, but not a Tax Hack

[likemost]

80CCD is headache bro...
Minimum monthly contribution
TDS and all 🤧

[shool]

NPS is absolutely nonsense bro, you pretty much can forget most it on maturity. Better to avoid that

[brahmacreations]

But still 1.5 to 2 is not that great.
That too 50K to NPS i.e to Government (Very Long Term investment)

[Developer-]

And ask employer to contribute in nps as well, you can save tax on whatever amount employer invest

[jaganathansubramani]

Tell me something new, we are all aware this, not just 50k, we can save employers contribution of 10%from basic salary which may go beyond 50k also, no limit on this.