Overview
Good tax planning is legal, simple and done early. It means choosing the tax regime that suits your income, using the deductions you're entitled to, and paying advance tax on time so you avoid interest.
We review your income and commitments, estimate your tax for the year, and give you a clear plan with dates and amounts.
Who this is for
Salaried individuals
Choosing between regimes and planning investments early in the year.
Professionals
Estimating income and paying advance tax on schedule.
Business owners
Tax-efficient structuring of expenses and owner remuneration.
Investors
Planning the tax impact of capital gains and investments.
What's included
- Old vs new regime comparison
- Deduction and exemption planning
- Advance tax estimates and schedule
- Capital gains impact review
- Business expense and structure review
- Mid-year and year-end tax reviews
Documents checklist
Have these ready to speed things up. We'll tell you if anything else is needed for your case.
- Last year's income tax return
- Salary details or income estimates
- Investment, insurance and loan details
- Rent and home loan details
- Business profit estimates (if applicable)
How it works
Understand
We review your income, investments and goals.
Estimate
We calculate expected tax under both regimes.
Plan
You get a written plan with actions, dates and amounts.
Review
We revisit the plan mid-year and before year-end.
Common mistakes to avoid
Last-minute investing
Buying products in March only to save tax often means poor choices.
Skipping advance tax
If your tax liability is ₹10,000 or more, missing instalments leads to interest.
Choosing a regime by habit
The better regime depends on your deductions and can change year to year.
Frequently asked questions
Which is better, the old or new regime?
It depends on your deductions. The new regime has lower rates and a rebate that makes income up to ₹12 lakh tax-free, while the old regime allows deductions such as the old 80C (now Section 123), HRA and home loan interest. We calculate both.
Can I switch regimes every year?
Individuals without business income can choose each year when filing. Those with business or professional income face restrictions on switching back and forth.
When is advance tax due?
In four instalments: 15% by 15 June, 45% by 15 September, 75% by 15 December and 100% by 15 March. It applies when your tax for the year is ₹10,000 or more.
Is tax planning legal?
Yes. Tax planning uses deductions, exemptions and choices the law provides. We don't advise on aggressive or artificial arrangements.