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Tax Planning

Income Tax Savings Tips To Help In Tax Planning

Tax planning comes under financial planning. It is difficult to avoid taxes, you can strategies to lower the tax outgo efficiently. Two Important Steps comes under:- To choose between the old tax and new tax regime An individual needs to carefully analyze & comparison of tax outgo and other factors in choosing between the two 2. Inform it to your employer (So they need to deduct TDS on basis your… Read More »Income Tax Savings Tips To Help In Tax Planning

Tax Planning, Tax Evasion, Tax Avoidance and Tax Management

Tax planning, Tax evasion, Tax avoidance and Tax management are common concept when it comes to taxpayers’ manners for tax reduction. All terms comes under Income Tax Act, 1961– Tax Planning, Tax Evasion, Tax Avoidance and Tax Management. The main goal of every taxpayer is to minimize his/her Tax Liability. To achieve this objective taxpayer can go for these Three Methods: Tax Planning Tax Avoidance Tax Evasion Tax Planning Tax… Read More »Tax Planning, Tax Evasion, Tax Avoidance and Tax Management