ITR

Tax planning is an integral component of overall financial planning and budgeting, helping to reduce the net tax liability. Tax planning entails taking maximum advantage of tax exemptions by investing in relevant investment platforms. Another important aspect of tax planning is ensuring that your investments are aligned to your long-term financial goals.

Income tax in India is typically imposed on individuals who are residents of the nation, and their income arises or accrues in India itself. In certain cases, however, non-resident Indians (NRIs) are also liable to pay tax in India.