Tax planning involves optimizing your wealth
creation and protecting your health, life and assets while aligning all these
with existing provisions in our tax laws . This should also consider all your
sources of income. Tax planning should never be done in isolation. Tax saving
just for the sake of utilizing an available section often leads to bad financial
decisions. Tax planning should always get linked to overall financial planning
paradigm of yours. There is a subtle difference between paying minimum possible
tax and saving maximum possible tax. We always prioritize the former.
We make it a top priority to first calculate your tax liability and then look
for ways to save tax while achieving various financial goals. Businesses and
individuals pay the lowest amount of taxes allowable by law because we
continually look for ways to minimize your taxes throughout the year and not
just at the end of the year.
With the growing complexity and diversity of available options for tax planning
purposes, it is important that we critically examine and bring across to you all
the options available in the present investment market to optimize post tax
return and choose the most suitable for you so that you live a stress-free life.
Some common tax saving options available for individuals can be exercised while
planning the below mentioned activities:
