Income tax Deductions for Salaried Employees | Tax Planning Guide | Old vs New Tax Regime

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What are the tax deductions available for salaried individuals in India?

This video will give you a comprehensive overview of the income tax deductions that salaried individuals in India can claim. You will learn about the amount of deduction available under each section of the Income Tax Act, as well as the different tax slabs under the old and new tax regimes.

By the end of the video, you will be able to understand the difference between the old and new tax regimes, and which one is more suitable for you. You will also be able to see two sample income tax calculations, which will help you to visualize the difference in tax liability under each regime.

Here is a more detailed breakdown of the video:

✅ Introduction to income tax deductions for salaried individuals in India
✅ Different types of income tax deductions available
✅ Amount of deduction available under each section of the Income Tax Act
✅ Old and new tax regimes
✅ Tax slabs under the old and new tax regimes
✅ Sample income tax calculations


Disclaimer:

This video is for educational purposes only and should not be taken as professional tax advice. Please consult with a chartered accountant (CA) or tax consultant to discuss your specific tax situation and to receive personalized advice.

The information provided in this video is based on the current Indian Income Tax Act and rules and regulations. However, tax laws and regulations can change frequently, so it is important to consult with a tax professional to ensure that you are claiming the correct deductions and credits.

The creators of this video do not assume any liability for any errors or omissions in the information provided.

00:00 Intro
01:23 Tax Deductions
14:25 Income Tax Slabs
15:56 Sample Calculation

© Pishukkan Episode 114

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