admn@angelinawealth.com
+91 9449010436
admn@angelinawealth.com
+91 9449010436
Tax planning is the analysis of ones financial situation from a tax efficiency point of view so as to plan ones 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.
All the income earned can be classified into the following 5 Heads as per Income Tax Act, 1961.
1) Income of Salary
2) Income from House Property
3) Income from Business/Profession
4) Income from Capital Gains
5) Your retirement plan, pension, and savings arent enough to insure your loved ones future.
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Eleanor Roosevelt
American politicianIn the long run, we shape our lives, and we shape ourselves. The process never ends until we die. And the choices we make are ultimately our own responsibility.
Warren Buffett
American investorI will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
Walters
Chief JusticeTaxes are the lifeblood of government and no taxpayer should be permitted to escape the payment of his just share of the burden of contributing thereto.
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