Tax planning is not just paying less tax. The objective of tax planning is not to deprive the authority of their due revenue. Tax planning is associated with efficient management of taxes payable with the right knowledge of tax laws and rules and their applicability at the right place to draw the right strategy. Evasion of tax liability is a temporary relief and can put the taxpayer into multiple liabilities in the future. But tax planning can save taxes in legal ways and result in more and more savings besides saving you tax. Tax planning should be done ahead of earning the money. Tax management comes to play …
How Tax Planning Can Help You Create Wealth
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