Income Tax: 10 key steps to plan your taxes in 20234 min read . Updated: 08 Jan 2023, 12:16 AM IST
- Tax2win CEO added that tax planning is essential for all investor's financial plans. A tax planning practice can help you reduce your tax liability and save hard-earned money. The ultimate aim of tax planning is to adhere to tax efficiency.
The earlier you plan your taxes the more you save! Every salaried individual is liable to pay taxes that are imposed on income and gains arising from other sources. Taxes occupy a major chunk of your hard-earned money. But there are tax sops available for citizens to avail during income tax return (ITR) filing. However, it isn't a new mystery that in the day-to-day hustle and bustle chances are that many taxpayers end up in a last-minute rush for claiming these tax benefits which can lead to the possibility of errors. Thereby, it is required to have systematic planning to save more on taxes.
Select your Category