[00:00] If you think this video's audio is dull If you think I am speaking in a low voice But my body is not good
[00:13] If I am speaking in a low voice in between Just this one video, remaining videos will be better Usually people who earn money from the stock market
[00:30] Trading, investment or any other route If they earn in large amounts 20 lakhs, 30 lakhs, 50 lakhs or more than 50, or in crores
[00:43] Let's talk about that in this video Genuinely showing you the yearly income What are the best tax saving tricks they use
[00:57] When we first showed the profits So if we think that the number is We think it will be higher than that
[01:12] Why did we change to a company account? Then why did we have to change to a company account? My brother already answered this in question and answer session
[01:25] If it haven't heard about it People earning less than 50 lakhs or more How they can save tax in large amounts
[01:39] If you find our efforts related to videos valuable Maybe by the time this video gets uploaded If any of you are asking when will we get a profit video related to our channel
[01:55] Friends, I have been updating this video for many months Listen to me once We are not thinking of making this video if we get profit
[02:10] It's like we are saying that about ourselves When you ask us like this It seems like it is generating a greed
[02:22] It was to show you that options selling is the best We are not getting the logic The decision I took from now on is related to trading
[02:35] Because the rest of the world is elevating profits We are not getting the logic to keep it as a crore Tell us your opinion in the comment section
[02:49] If there is nothing like that We don't need to display it in public If your opinion is different from ours
[03:02] Still, in these recent days, we are getting so many comments Even in that video, there are so many comments saying it will be a motivation You definitely should keep yearly profits
[03:17] If you think we should show it for this year as well If you think there is no requirement Because we took that decision
[03:29] If you want to show it for this financial year as well It is getting more likes What you are saying
[03:43] And planning that video in the upcoming days Okay, let's go to our video Usually, what the people earning more money do is
[03:57] Usually, what they do is Let's say, let's stick to the stock market When they feel it
[04:11] They feel that they can generate money following the same strategy or methods They start giving loans to the people living at home Let's say, I can give money to the people living at home as loans
[04:26] They will be doing activities from their Demat accounts I am not saying that you should do it and save the tax Let's talk step by step
[04:39] One account, another account Mostly, family members accounts I can generate a profit of 10 lakhs
[04:55] I can generate a profit of 10 lakhs even in the lowest case If there is one person other than me Because of trading in both the houses
[05:10] I don't have to pay two taxes here and there I thought it would be more We don't have this 30% income tax
[05:24] We can balance it up to 15 lakhs in the rest of the accounts Even if I get 60 lakhs in a financial year
[05:36] If we manage to get 15-15 lakhs with 4 accounts Because, who is doing this? This strategy, follow this strategy
[05:52] There are people who teach them to follow this strategy So, if we ignore weather it is ethical or not This is one of the ways
[06:06] It's called Hindu Undivided Family You can form this HUF with your family members To tell you more
[06:19] We have a 2.5 lakh basic exemption limit Then, we follow some income tax related things It becomes another person
[06:33] We can all get an income tax related exemption limit Additionally, we have formed HUF Exemption limit and rebate
[06:48] Without paying any tax up to 5 lakhs We can keep that as another person When they are below 1 crore
[07:03] Or less than 70 lakhs Or we can create a Hindu Undivided Family We can save taxes through that
[07:17] Or  expenses and depreciations If we want to get advantages related to the companies in India Like Praveet Limited Company
[07:30] Soul Proprietorship And each company has its own advantages and disadvantages Why Private Limited Company?
[07:45] Private Limited Company has a lot of regulations We have to pay more taxes to the people who take care of our income tax No, I don't want to follow all the regulations
[07:59] Both have different tax treatment According to the current income tax slabs I am telling you by combining it with the reduced surcharge
[08:13] If a person earns a high income The highest tax on him is 39% It will be 39%
[08:25] I am telling you all these along with the base tax structure 22% of the total surcharge and cess will be 25%
[08:38] So there is 39% So if you earn 1 crore, 2 crore, 3 crore in total Then you can form a private limited company by keeping aside the personal income tax structure
[08:54] If you don't give profits to another person because you are not having any connection Keep 1% of the profit on their name
[09:06] If we keep that on our people You have to start the company with 2 persons Mostly wife and husband or mother and son
[09:18] They are called directors They are the directors of the company Directors give money to the company as loan
[09:32] Me and my brother Remember this well Now we have a relative uncle
[09:44] He can not give it directly to the company So if someone wants to add a person related to the company Let's talk about the tax first
[10:00] So it will be official for you to understand Select this assessment here After selecting
[10:14] This is entering related to F&O Means if I get a profit of 70 lakhs If I had kept a private limited company
[10:28] This is if I get 70 lakhs Individuals have to pay tax of 55 lakhs Out of this 1,30,00,000
[10:43] Means nearly 32,50,000 he would pay his tax So people who earn money in the huge amount They have clarity
[10:58] they don't trade through the individual accounts In the form of tax If it comes to 2 crores or above
[11:12] Paying tax at 39% In the form of tax We have to understand that it is through a private limited company
[11:25] One crore But 1 crore or 80 lakhs or 90 lakhs Then we can start this private limited company
[11:37] We have to follow more regulations time to time Let's say you want to buy properties on your name You want to buy properties on your name
[11:50] Through that company I have earned a profit of 2 crores 25% tax has gone above 2 crores There is 1.5 crore left
[12:06] Or if I want to build a house If I want to buy it on my name When should the company give a dividend
[12:20] The company paid the tax on the money that came If I want to give that profit to the shareholders If we have the majority of the shareholding
[12:34] But the twist here is If you put that money in your account The profits coming from the company
[12:47] 5 lakhs or 5 lakhs or 7 lakhs Depending on the expenses you want to do on your name
[13:00] Whatever is left to do When you need it We can take it as a loan
[13:13] It should be on your name for life In your personal bank accounts Your personal income tax will be applied on it
[13:25] You take it to your personal account Properly You have to take salaries like that
[13:37] You have to take it as a dividend You have to pay the tax again If you think you can take it as a loan
[13:50] And you can carry it for years That the big profits people follow Or a company
[14:03] For example, if the income is generated through FNO Private limited company? Like rent
[14:15] And if we want to trade in the stock market We try to get tax related benefits for buying a TV For every office related thing
[14:28] Even for the profits we get from trading To refresh my mind All these are for me personally
[14:42] From the income that comes So a normal person is And spends the remaining money
[14:54] Earns and uses all the expenses And pays the remaining tax And pays 20 rupees as tax
[15:10] Let's add one tax for both Pay 25 rupees tax In 100 rupees
[15:22] And spends the remaining 50 Individual person In the second case
[15:34] Only 50 rupees Means he pays 12.5 rupees tax For the normal person
[15:47] If we keep it for that And the A to Z required for our business They try to pay tax on the remaining expenses
[15:59] In a direct conversation with you I tried to keep it in a normal conversation What is the difference between LLP and Pvt Ltd.
[16:17] If you keep it in the comments section And in the upcoming sessions, I will try to answer the important questions
[16:29] I asked you feedback in the beginning If you like it, please like our video Please share it
[16:43] Watch the content in our channel And click on the bell icon next to it Till then take care
[16:56] Jai Hind