How Savings Account Interest is NOT Taxable | NEW Section 80TTB | FinCalC TV скачать в хорошем качестве

How Savings Account Interest is NOT Taxable | NEW Section 80TTB | FinCalC TV

How Savings Account Interest is NOT Taxable | NEW Section 80TTB | FinCalC TV DOWNLOAD our FREE ANDROID APP "FinCalC": https://play.google.com/store/apps/de... This video by FinCalC TV explains How Savings Account Interest is not Taxable and what you can do to reduce your Income Tax using New Section 80TTB. Savings Account Interest money is added in "Income From Other Sources" while calculating your Income Tax or filing your ITR (Income Tax Returns). We have Section 80TTA that helps us to claim maximum of Rs. 10,000 as deduction if earned as interest in Savings Account. This helps us to earn Rs. 10,000 exempted from Income Tax. For FY 2018-19, we have a new Section 80TTB that allows for a maximum of Rs. 50,000 if earned through Savings Accounts, Fixed Deposits or Recurring Deposits. This section is applicable only for people of age 60 Years or above. Watch full video to know more about both Section 80TTA and Section 80TTB. Read our blog post as well. Blog Post: New Section 80TTB https://fincalc-blog.blogspot.com/201... The examples used are for Illustration purpose only. Comment in comments section if you have any queries. ============================= SUBSCRIBE to our "FinCalC TV" YouTube Channel for more updates:    / @fincalc   New Income Tax Calculation for FY 2018-19:    • How To Calculate Income Tax FY 2018-19 Exa...   FOLLOW FinCalC Blog: https://fincalc-blog.blogspot.com Facebook :   / rrreclaim1   Twitter :   / rrreclaim