Description
Smart Tax Planning Tax planning will help you pay less income tax. Something everyone wants. But smart tax planning will help you boost your portfolio. WE , DAVE FINTECH wealth advisors, help you form Tax strategies for smart tax planning. Tax planning allows a taxpayer to make the best use of the various tax exemptions, deductions, benefits to minimize their tax liability. Modern definition of Tax planning is MAXIMUM GAIN+FUTURE PLANNING. Few tips which can help you for better tax planning in making your financial life easier: 1. Know your taxable income before tax planning 2. Know the amount you need to save 3. Smart saving bills/receipts 4. Emergency funds 5. Insure your health 6. Protect your loved ones 7. Regular investment for Tax saving 8. Tuition fees for children 9. ELSS investment option gives dual benefit of tax saving and wealth generation