HOW TO CALCULATE INCOME TAX STEP BY STEP | IN TAMIL | வருமான வரி கணக்கிடுவது எப்படி ? AY 2020-21

Описание: How to calculate income tax in a step by step manner?

Income tax computation has been a daunting task for common people. So, we aim to explain the income tax computation in a step by step manner. Income tax can be computed in 4 steps

Step 1: Compute income from all sources
Step 2: Calculate net taxable income
Step 3: Compute income tax based on slabs
Step 4: Finalize income tax (Apply CESS, rebate, surcharge)

Section 80 C full details
A) Guaranteed Return - Low Risk Investments
1. Employee Provident Fund (EPF) -    • Employee Provident Fund in Tamil | EPF | c...  
2. Public Provident Fund (PPF) -    • Public Provident Fund - PPF in Tamil | All...  
3. Sukanya Samriddhi Yojana -    • Sukanya Samriddhi Yojana in Tamil | Better...  
4. National Savings Certificate
5. Senior Citizen's Savings Scheme
6. Tax saving Deposits

B) Market linked - Moderate Risk Investments
7. National Pension System (NPS) -    • NPS is Tamil | National Pension System - C...  
8. Equity Linked Savings Scheme (ELSS) -    • ELSS - Equity Linked Savings Scheme in tam...  
9. Infrastructure Investments

C) Insurance linked Products
10. Term Life Insurance
11. Life Insurance Endowment Plans -    • What is ULIP and Guaranteed return plan? H...  
12. Unit Linked Insurance Schemes (ULIP) -    • What is ULIP and Guaranteed return plan? H...  

D) Others
13. Housing Loan Principal Repayment
14. Children's Tuition Fee

Complete details on 80C:    • Section-80Cஇல் 14 வழிகளில் முதலீடு செய்யலா...  
EPF in Tamil:    • Employee Provident Fund in Tamil | EPF | c...  
PPF in Tamil:    • Public Provident Fund - PPF in Tamil | All...  
NPS in Tamil:    • NPS is Tamil | National Pension System - C...  
ULIP/LIC & money back plans:    • What is ULIP and Guaranteed return plan? H...  
ELSS:    • ELSS - Equity Linked Savings Scheme in tam...  
Sukanya Samriddhi Yogana:    • Sukanya Samriddhi Yojana in Tamil | Better...  
Comparison of 80C:    • Section 80C   Comparison of all investments  

Watch our income tax series - Calculation, old vs new tax regime, HRA, Income tax savings, Section 80C and more:    • HOW TO CALCULATE INCOME TAX STEP BY STEP |...  

Watch Sharemarket for beginners series:    • Basics of Share Market | Stock market for ...  

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Watch our income tax series - Calculation, old vs new tax regime, HRA, Income tax savings, Section 80C and more:    • HOW TO CALCULATE INCOME TAX STEP BY STEP |...  

Watch Sharemarket for beginners series:    • Basics of Share Market | Stock market for ...  

Subscribe to our channel:    / @thinkingtamizha007  

How to fine income tax returns for Assessment year 2020-21?
Video link:    • Видео  

How to calculate House Rent Allowance exemption?
Video link:    • How to calculate House Rent Allowance(HRA)...  

Income tax returns
Income tax returns AY2020-21
Income tax returns Assessment Year 2020-21
ITR AY2020-21
Income tax returns calculation
வருமான வரி கணக்கிடுவது எப்படி ?
How to calculate income tax?
How to calculate income tax in tamil?
Tax Slabs
Tax rate
Tax rebate
Sec 80C
Sec 80D
Sec 80E
House Rent Allowance
Surcharge
Tax Exemptions
Deducations
Sec 80
87A