TAX Planning

Tax planning is the analysis of a financial situation or plan to ensure that all elements work together to allow you to pay the lowest taxes possible. A plan that minimizes how much you pay in taxes is referred to as tax efficient. Tax planning should be an essential part of an individual investor’s financial plan.

We all know that it is not how much income we earn that matters, but how much income we retain after taxes – that actually make all the difference. Taxes, if not planned properly, will take away a large portion of your earnings and consequently, your investible surplus. Over the long-term, this constant reduction of your investible surplus can make a substantial impact on your ultimate net worth.

Although tax incidence is not the crux of Financial Planning, judiciously planning your taxes is important as it improves the return on your investments. With some expert advice, you can minimize the impact of taxes in a legitimate way and increase your savings. After all, every rupee saved is a rupee earned.

Sahjanand Finserv offers you prudent advice on how to efficiently optimize your taxes. We will suggest relevant tax-saving ideas and instrument options that will effectively address the three important issues regarding tax-planning:

• What is the rate of tax on the income received?
• Is there any tax benefit on the amount invested?
• Is the principal investment received on maturity taxable?

To get fresh perspective on your Tax Planning allow us to connect with you.