Paying taxes is our duty – definitely (and statistically) not one of peoples’ favourites. Almost every salaried persongroans when tax is being deducted from his salary.
We cannot completely do away with taxes but we can surely reduce them to a great extent.
Tax evasion is illegal. Tax Planning isn’t.
Each year, the budget consists of provisions and exemptions to reduce tax liability.
Based on each individual’s profile, we apply exemptions and provisions to reduce their tax liability and thereby increase the investible surplus