Tax planning is a crucial part of financial planning. Early and informed decisions can significantly increase long-term wealth.
Why Tax Planning Matters
- Reduces tax liability
- Encourages disciplined investing
- Improves cash flow
Popular Tax-Saving Instruments
- ELSS Mutual Funds
- PPF (Public Provident Fund)
- NPS (National Pension Scheme)
Avoid Last-Minute Planning
The best tax planning starts at the beginning of the financial year, not the end.
Related Topics
#Tax Planning#Wealth#Investments#Savings