abhishreshthaa
Abhijeet S
In the current business environment tax planning has relevance for all individuals including the people dealing in shares, house property, salaried, business owners and also income from other sources.
Why tax planning is necessary for the salaried employees? This question is the headache of almost all individual. Proper tax planning will help the salaried employee to save tax in order to save its hard earn money. It also helps the individual to save tax at the end of the assessment year if they invest in certain long term investments.
But if they do not do proper tax planning ultimately end up in paying higher tax. You can reduce your tax liability by arranging your financial incomes and investments in such a way as to enjoy the maximum tax benefits by making use of all the beneficial provisions and tax incentives, which are incorporated in the tax laws that entitle you to rebates and concessions. Most of the tax incentives oriented, and not only saves your tax also boost the economy of the country in the long run.
Tax planning is both perfectly legal and encouraged by tax authorities. So in the current business environment tax planning has relevance and provides placement opportunities such as:
1. Direct tax planners
2. Indirect tax planners
3. Tax planning consultants
4. Taxation consultant
5. Financial planners
In the field of finance tax planning forms part of the financial planning so it comprises the most of the part of the individual to understand the imposition of tax liability in order to give the importance of tax in the field of finance.
Why tax planning is necessary for the salaried employees? This question is the headache of almost all individual. Proper tax planning will help the salaried employee to save tax in order to save its hard earn money. It also helps the individual to save tax at the end of the assessment year if they invest in certain long term investments.
But if they do not do proper tax planning ultimately end up in paying higher tax. You can reduce your tax liability by arranging your financial incomes and investments in such a way as to enjoy the maximum tax benefits by making use of all the beneficial provisions and tax incentives, which are incorporated in the tax laws that entitle you to rebates and concessions. Most of the tax incentives oriented, and not only saves your tax also boost the economy of the country in the long run.
Tax planning is both perfectly legal and encouraged by tax authorities. So in the current business environment tax planning has relevance and provides placement opportunities such as:
1. Direct tax planners
2. Indirect tax planners
3. Tax planning consultants
4. Taxation consultant
5. Financial planners
In the field of finance tax planning forms part of the financial planning so it comprises the most of the part of the individual to understand the imposition of tax liability in order to give the importance of tax in the field of finance.