Income Tax ಬಗ್ಗೆ ನಿಮಗೆ ಗೊತ್ತಿಲ್ಲದ ಸೂಪರ್ Exclusive ಮಾಹಿತಿ । C S Sudheer
Income Tax calculation 2018-19 ನಿಮಗೆ ಗೊತ್ತಿಲ್ಲದ ಸೂಪರ್ Exclusive ಮಾಹಿತಿ
Albert Einstein, who is one of the most renowned scientists, says ‘Tax is one of the most difficult things to understand in life’. C S Sudheer, who is the founder and CEO of IndianMoney.com, has spoken extensively on this subject. The topic for this particular video is tax and he has made this video in response to the request of his viewers.
What is tax? Why has it to be paid? He answers these two questions at the beginning of the video. He has also given a detailed explanation on income tax slabs for the Assessment year 2019-2020.
o If you are under 60 years, you do not have to pay any tax if your income is below Rs 2.5 Lakh a year.
o If you are in the age group of 60-80 years, you pay tax only if annual income exceeds Rs 3 Lakhs.
o If you are above 80 years and your annual income is below Rs 5 Lakh, no income tax is to be paid.
The expert speaker from IndianMoney.com explains the importance of filing IT returns in time and also speaks on the different sources of income under the Income Tax Act, 1961. He also shares valuable tips on how people can save tax under Section 80C, 80E and 80EE of the Income Tax Act.
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