Effective income tax planning is not about evasion—it is about making informed decisions within the framework of the law. Proper planning helps individuals and businesses reduce tax liability while remaining fully compliant.
Key strategies include making optimal use of deductions under sections such as 80C, 80D, and 80G, planning investments early in the financial year, and maintaining accurate documentation of income and expenses. For businesses, timely depreciation claims and structured expense management play a crucial role.
Regular review of tax laws and proactive consultation with professionals ensures that you stay updated with changes and avoid last-minute errors. A disciplined approach to income tax planning not only saves money but also provides peace of mind.