New Tax Regime vs Old Tax Regime SIMPLIFIED

New Tax Regime vs Old Tax Regime SIMPLIFIED || bekifaayati #youtubeshorts #incometax

[ujjawal]

I am literally saying "You're Genius, I searched so many channels but this short is to the point and many many helpful". I will share among my friends. THANKS

[digitallicsoftware]

Outstanding - this is what you call simplifying to the extreme. A perfect example of Layman's term. Amazing!

[seal_]

If only it was that simple 😂 - CA student

[omkarjain]

this girl eased my headache under 60 sec lol. kuddos and thanks.

[vloggervaibhav]

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.

[Master_Chief_]

Wow! Simply fantastic. Sister is the best financial advisor i have found on YouTube.

[sonalivernekar]

Can u make a elaborate video on 24-25 tax calculation and what are the areas of investment for tax benefits..

[seriousme]

Could you explain a bit more about how this works. My CA shoos me away everytime.

[Lamp]

Hello, will the 7L limit as per new regime for no tax (with 25k rebate) applicable for HUF also? In case, if I receive all 7L as a gift from my friend as initial funding in my newly opened HUF account. Will this case be treated for 0 tax same as like for individual taxation.

[bhargabikundu]

Thank you for this simplified explanation

[mohammadirfanshaik]

You made my confusion easier. Wonderful video

[struc]

Just calculate by both regimes.opt.for the one which is beneficial

[ujjwalathukral]

very sweet way of explaining -- loved it

[rahulyadavvlogs]

Income tax is very complicated...tax product pr hona chahiye earning pr nahi....like dubai

[Ipcfs]

Here’s an expanded list of approximately 150 types of taxes levied in India:

### 1. **Direct Taxes**
1. Income Tax
2. Corporate Tax
3. Capital Gains Tax
4. Wealth Tax
5. Securities Transaction Tax (STT)
6. Dividend Distribution Tax (DDT)
7. Minimum Alternate Tax (MAT)
8. Alternate Minimum Tax (AMT)
9. Tax on Distribution of Assets (for trusts)
10. Tax on Gifts
11. Tax on Inherited Wealth
12. Tax on Royalty Income
13. Tax on Professional Income
14. Tax on Rental Income
15. Tax on Interest Income
16. Tax on Agricultural Income
17. Tax on Dividend Income
18. Tax on Foreign Income
19. Tax on Overseas Assets
20. Tax on Capital Transfer
21. Tax on Bonus Income
22. Tax on Commissions

### 2. **Indirect Taxes**
23. Goods and Services Tax (GST)
- Central GST (CGST)
- State GST (SGST)
- Integrated GST (IGST)
24. Customs Duty
25. Excise Duty (on goods not covered by GST)
26. Central Excise Duty (on specific items like tobacco, alcohol)
27. Service Tax (part of GST now, but still relevant for past transactions)
28. Anti-Dumping Duty
29. Safeguard Duty
30. Countervailing Duty (CVD)
31. Special Additional Duty (SAD)
32. Export Duty
33. Import Duty
34. Additional Customs Duty
35. National Calamity Contingent Duty (NCCD)
36. Customs Handling Charges

### 3. **Other Taxes**
37. Professional Tax
38. Property Tax
39. Stamp Duty
40. Entertainment Tax
41. Electricity Duty
42. Water Tax
43. Land Revenue
44. Municipal Tax (local body tax)
45. Building Permit Tax
46. Estate Duty (Abolished but previously applicable)
47. Tax on Property Transactions
48. Tax on Market Transactions
49. Tax on Transfer of Shares
50. Tax on Digital Transactions
51. Tax on Agricultural Produce
52. Tax on Commercial Property
53. Tax on Lease Transactions
54. Tax on Professional Services

### 4. **Special Taxes**
55. Road Tax
56. Green Tax
57. Toll Tax
58. Entry Tax
59. Luxury Tax
60. Vehicle Registration Tax
61. Environment Tax
62. Development Tax (local body tax for development projects)
63. Infrastructure Tax
64. Urban Development Tax
65. Rural Development Tax
66. Pollution Control Tax

### 5. **Additional Taxes**
67. Cess
- Education Cess
- Health and Education Cess
- Swachh Bharat Cess
- Krishi Kalyan Cess
- Goods and Services Tax Cess
68. Turnover Tax
69. Central Sales Tax (replaced by GST but still applicable for certain old transactions)
70. Local Body Tax (LBT)
71. Additional Duty of Customs (CVD)
72. Tax on Purchase of Agricultural Land
73. Luxury Goods Tax
74. Agricultural Income Tax
75. Tax on Sale of Immovable Property
76. Tax on Vehicle Emission
77. Tax on High-Value Transactions
78. Tax on Rare Materials
79. Tax on Luxury Vehicles
80. Tax on High Net Worth Individuals
81. Tax on Gaming and Gambling
82. Tax on Lottery Winnings
83. Tax on Digital Assets
84. Tax on Cryptocurrency Transactions
85. Tax on Online Sales
86. Tax on E-commerce Transactions
87. Tax on Financial Transactions
88. Tax on Wealth Transfer
89. Tax on Corporate Bonds
90. Tax on Investment Income
91. Tax on Savings Accounts
92. Tax on Fixed Deposits
93. Tax on Mutual Fund Investments
94. Tax on Insurance Policies
95. Tax on Pension Income
96. Tax on Foreign Investments
97. Tax on Inheritance
98. Tax on Bequests
99. Tax on Trust Income
100. Tax on Charitable Trusts
101. Tax on Non-Profit Organizations
102. Tax on Religious Institutions
103. Tax on Educational Institutions
104. Tax on Healthcare Institutions
105. Tax on Sports and Entertainment Events
106. Tax on Cultural Events
107. Tax on Art and Collectibles
108. Tax on Real Estate Transactions
109. Tax on Construction Activities
110. Tax on Infrastructure Projects
111. Tax on Mining Activities
112. Tax on Oil and Gas Production
113. Tax on Renewable Energy Projects
114. Tax on Carbon Emissions
115. Tax on Water Usage
116. Tax on Waste Management
117. Tax on Natural Resources
118. Tax on Environmental Conservation
119. Tax on Wildlife Protection
120. Tax on Coastal and Marine Activities
121. Tax on Forest Conservation
122. Tax on Agricultural Development
123. Tax on Rural Employment Schemes
124. Tax on Urban Infrastructure
125. Tax on Public Transport
126. Tax on Tourism and Hospitality
127. Tax on Real Estate Investment Trusts (REITs)
128. Tax on Infrastructure Investment Trusts (InvITs)
129. Tax on Public-Private Partnerships (PPPs)
130. Tax on Corporate Social Responsibility (CSR) Activities
131. Tax on Intellectual Property Rights (IPR)
132. Tax on Patents and Trademarks
133. Tax on Copyrights and Licenses
134. Tax on Technology Transfers
135. Tax on Research and Development
136. Tax on Innovations
137. Tax on Startups
138. Tax on Small and Medium Enterprises (SMEs)
139. Tax on Large Corporations
140. Tax on Foreign Direct Investment (FDI)
141. Tax on Foreign Portfolio Investment (FPI)
142. Tax on Foreign Contributions
143. Tax on Non-Resident Indians (NRIs)
144. Tax on Overseas Income of Residents
145. Tax on International Trade
146. Tax on Cross-Border Transactions
147. Tax on International Investments
148. Tax on Diplomatic Immunities
149. Tax on Foreign Aid and Grants
150. Tax on International Organizations

This extensive list includes both current and historical taxes, as well as various special and additional taxes relevant to different sectors and types of transactions.

[Anubhav]

Does tax deduction claim include non taxable income like Food card, etc. ??

[priyanshthakur]

But in new regime we couldn't claim any deduction, allowance perquisite reimbursement and other benifts
But same as in old regime we can claim all the deduction from 80 c to 80 u also other allowances, perquisite, reimbursement


Also for business man it is very important to select regime because one new regime is slect and asses pay tax then he can not pay tax in old regime he al ways compulsory pay tax in new regime only


So take proper tax advice from CA before move to tax pay

[omprakashrout]

40k hua tha tab dekha tha
aj 1 million paar ho chuka hai
wah 👍

[prsnm]

Thanks mam, highly appreciate your efforts.

Grattitude.

[PK-onkj]

Old tax regime is always good so the government is planning to phased out it..