This is a guest post by one of our readers and our financial planning client Mr. Rahul Udare from Mumbai.
He is CA by profession, and he has created a 45 min excellent video for beginners on the topic of Income Tax. This video below will help anyone understand various things related to income tax and returns and how everything works.
Basics of Income Tax – 45 min Video Contents
- Core Concept of Income Tax
- Why Income Tax?
- Meaning of Income
- Sources of Income
- Who is included under Income Tax?
- How does the whole thing work?
- What does Filing Income Tax Return (ITR) mean?
- When am I liable to pay Income Tax and Filing ITR?
- Advantages of Filing ITR
- Tax Planning
Thanks to Rahul Udare
Rahul contacted us a few months back and expressed his interest to do something for investors and we really thank him for that.
Please give your feedback about this video and what else you expect in future from him.