WRITE ABOUT TAX PLANNING?

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   WRITE ABOUT TAX PLANNING?











Tax planning is the analysis of one's financial situation from a tax efficiency point of view so as to play one's finances in the most optimized manner. Tax planning allows a taxpayer to make the best use of the various tax exemptions, deductions, and benefits to minimize their tax liability over a financial year.

Tax planning is the analysis of a financial situation or plan from a tax perspective. The purpose of tax planning is to ensure tax efficiency. Through tax planning, all elements of the financial plan work together in the most tax-efficient manner possible. Tax planning is an essential part of a financial plan.

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