How to Save Maximum Income Tax in 2020-21?

Maximum Income Tax Savings for FY 2020-21 are explained for Old Tax Slabs and New Tax Slabs. Lets learn how to do tax planning and save maximum income tax in both old tax slab and new tax slab. Download ETMONEY application: https://play.google.com/store/apps/de... ------------------------------------------------------------------------------------------- Time Stamps 00:00 Introduction 01:03 Old Tax Slab vs New Tax Slab 02:21 How to save tax in New Tax Slab? 03:19 How to save tax in Old Tax Slab? 03:42 House Rent Allowance (HRA) 04:27 Tax Benefit on Home Loan 06:58 Tax Benefit on Education Loan 07:52 Tax saving investment u/s 80C 14:33 Tax saving u/s 80D Related Videos: Income Tax Slabs, Tax Rates & Calculation for FY 2020-21:    • Income Tax Slabs, Tax Rates & Calculation ...   Home Loan Tax Benefit in 2019-20:    • Home Loan के सारे Tax Benefits समझिये   EPF (Employee Provident Fund):    • EPF (Employee Provident Fund) – Calculatio...   Term Insurance Plan:    • Term Insurance Plan - Best Life Insurance ...   NPS (National Pension Scheme):    • NPS (National Pension Scheme) से Retiremen...   ELSS:    • ELSS  - Tax Saving Mutual Funds (Hindi)   Sukanya Samriddhi Yojana:    • सुकन्या समृद्धि योजना से 75 लाख? - बिना कि...   Public Provident Fund (PPF) Account:    • Public Provident Fund (PPF) Account – Bene...   HRA (House Rent Allowance):    • HRA (House Rent Allowance) - Calculation a...   Tax can be saved by using various options like HRA (House Rent Allowance), Home Loan, Joint Home Loan, Education Loan and various tax saving investments under section 80C. Section 80C investments include EPF (Employee Provident Fund), School Tuition Fee, Home Loan Principal, Insurance Premium (Term Insurance, Endowment Plans or ULIP Premium), NPS (National Pension System), ELSS (Equity Linked Saving Scheme) i.e. Tax Saving Mutual Funds, PPF (Public Provident Fund), Sukanya Samriddhi Scheme, Post Office Deposits, National Savings Certificate (NSC), Senior Citizen Saving Schemes and Tax Saving FD etc. We will see how to use these various schemes to maximize our income tax savings. एचआरए (हाउस रेंट अलाउंस), होम लोन, ज्वाइंट होम लोन, एजुकेशन लोन और सेक्शन 80 सी के तहत विभिन्न टैक्स सेविंग इनवेस्टमेंट जैसे विभिन्न विकल्पों का उपयोग करके टैक्स बचाया जा सकता है। धारा 80 सी के निवेशों में ईपीएफ (कर्मचारी भविष्य निधि), स्कूल ट्यूशन शुल्क, होम लोन प्रिंसिपल, बीमा प्रीमियम (सावधि बीमा, बंदोबस्ती योजना या यूलिप प्रीमियम), एनपीएस (नेशनल पेंशन सिस्टम), ईएलएसएस (इक्विटी लिंक्ड सेविंग स्कीम) यानी टैक्स सेविंग म्युचुअल शामिल हैं। फंड, पीपीएफ (पब्लिक प्रोविडेंट फंड), सुकन्या समृद्धि योजना, पोस्ट ऑफिस डिपॉजिट, नेशनल सेविंग सर्टिफिकेट (एनएससी), सीनियर सिटीजन सेविंग स्कीम्स और टैक्स सेविंग एफडी आदि। Share This Video:    • How to Save Maximum Income Tax in 2020-21?   Subscribe To Our Channel and Get More Finance Tips:    / @assetyogi   To access more learning resources on finance, check out www.assetyogi.com In this video, we have explained: 1. How to claim maximum tax deduction in old and new tax structures? 2. Can salaried people change their tax structure every year? 3. Can business owners change their tax structure every year? 4. How can we save maximum income tax? 5. Which tax saving investment option can we claim in the new tax structure? 6. What are the Home loan tax benefits? 7. How much interest deduction can we claim in self occupied property in a year? 8. Under section(24) how much amount can we claim in Loss from property? 9. What are the additional deductions in Home Loan. 10. Can we claim tax deduction on Education loan? 11. Investment advice for salaried person 12. How much amount we can claim under section 80D? 13. What is the overall limit of section 80C tax deduction? 14. Can we claim tax deduction by paying tuition fees? 15. How much we can save tax by investing in NPS(National Pension System), PPF(Public provident Fund), TERM INSURANCE, ELSS, SUKANYA SAMRIDDHI YOJNA, EPF (Employee Provident Fund)? 16. In old tax structure how much tax we can save in HRA (House Rent Allowance)? Hit the bell icon, Click the Like button & share the video. Other Great Resources: AssetYogi – http://assetyogi.com/ Follow Us on: Twitter -   / assetyogi   Pinterest -   / assetyogi   Instagram -   / assetyogi   Facebook –   / assetyogi   Tik Tok - http://vm.tiktok.com/PGJn8D/ Instagram -   / assetyogi   Linkedin -   / asset   Hope you liked this video “How to Save Maximum Income Tax in 2020-21?”