TAX PLANNING
Tax planning is the analysis of one’s financial situation from a tax efficiency point of view so as to plan one’s finances in the most optimized manner.
Tax planning is a legal way of reducing income tax liabilities without any intention for tax evasion or tax avoidance.
Tax planning is done by availing various allowances, exemptions and deductions under Chapter VIA of Income Tax Act, 1961.
Types of Tax Planning:
Purposive tax planning: Planning taxes with a particular objective in mind Permissive tax planning: Tax planning that is under the framework of law Long range and Short range tax planning: Planning done at the start and end of a fiscal year respectively.
Tax Planning Objectives:
• Reduction in overall tax liability
• Economic stability
• Growth of economy
• Litigation minimization
• Productive investment.
PLANNING PROCESS
Planning involves following steps :
Fill out this form
Wait for our Professional expert to contact you for discussion
We would be giving you a call at your specified mobile number. If you don’t get a call back with in an hour, you may reach us at – +91-8788160278
In the meanwhile, keep the following documents/ Information ready –
1. Name of Applicant
2. Contact Number and Mail id
3. PAN card of Applicant
4. Income Details / Form 16
Payments
** Starting from Rs. 499 /-
including consultation with a Chartered Accountant Make payments as per discussion.
Our Bank Account Details are ->
Account No – 1712068753
IFSC – KKBK0000726
Kotak Mahindra Bank – Aundh, Pune Branch
