|The course is designed in bite sized videos consisting of 29 videos explaining everything about your salary structure, CTC, tax deductions, old regime, new regime and more. You can go through the index below to know all the questions we answer in this course for you using a case study of an employee - Rocket Singh.|
|Session 1||CTC & SALARY SLIP; EPF, NPS & TDS|
|In this session you will learn about:|
|1||What is an offer letter?|
|2||Learn more about your CTC?|
|3||What is your Salary slip?|
|4||What is EPF and why is it deducted from your salary slip?|
|5||Should you opt for EPF?|
|6||How can you keep a track of your EPF?|
|7||What is NPS?|
|8||Should you opt for NPS?|
|9||How to keep a track of NPS?|
|10||What is the difference between NPS and EPF?|
|11||What is Profession tax?|
|12||What is Tax Deducted at source (TDS) in your salary slips?|
|Part 2||Understanding Salary Components and its taxability|
|In this session you will learn about:|
|13||What are various components of your salary and their taxability?|
|14||What is House Rent Allowance (HRA) and how is it taxed?|
|15||How to claim House Rent Allowance (HRA) when you have your own house but live on rent in a second house?|
|16||What is Leave Travel Allowance (LTA) and how is it taxed?|
|17||What is Car Maintenance Allowance and how is it taxed?|
|18||What are the various FBP components and how is it taxed?|
|19||What are fully exempt allowance?|
|20||What are fully taxable allowance?|
|21||What is Rocket Sings tax liability after considering tax deductions from salary slips?|
|22||What variable income do you earn and how is it taxed?|
|23||What is gratuity and how is taxed?|
|Part 3||Tax Deduction; Old Regime & New Regime & Form 12BB|
|24||What are the tax deductions you can claim?|
|25||How does these tax deductions help you save taxes?|
|26||What is the difference between old regime and new regime?|
|27||What is Form 12BB and why does your company ask you to fill form 12BB?|
|28||Why submitting the documents is important for you in Form 12BB?|
The course is structured as a series of 4 modules which will be delivered in an online video format. Once your purchase gets through, you will get access to 1 module each Thursday. Thus 4 modules will be opened for access over 4 Thursdays.
We will also provide you with a login ID and password to access the same. You can undertake the course via two ways:
Starting with a new job or getting promoted is an incredibly satisfying feeling. But getting a hold on what makes up your salary can be painful for many. Terms like CTC, basic salary, gross salary, allowance, reimbursements, tax deductions, provident fund, insurance, etc. often create confusion.
Did you ever notice that the Salary you get credited in your bank account and the Salary as per your Offer Letter is quite different? The reason is you have a lot of deductions like Provident Fund, Profession Tax and Income Tax. Generally the biggest deduction is TAXES! And the best part is that it is also the deduction that you can minimise if you plan well.
How much tax you end up paying is completely in your hand, and this course will help you plan your taxes well to reduce the taxes you pay to the government.
What is the difference between CTC and take-home salary?
How do I calculate my monthly take home salary?
What are the components of my salary structure and how are they taxed?
What are the various tax deductions I can claim?
Should I opt for an old regime or a new regime?
Why is Form 12BB submitted and how does it impact my tax liability?
This course covers aspects that are directly and indirectly related to an employee's salary computation and savings. The main object of this course is to complement theoretical education by practical training in payroll and its taxation.
After this course, you will be able to make the right choices for yourself and answer all those dreaded emails from HR on your investment declarations and tax deductions. The trainers will provide you with the following:
3 hours of learning
27 financial questions
3 DIY financial planning tools
Monthly live Q∓A sessions
Lifetime access to course content
Lifetime access to course updates
30 days refund policy*