Tag Archives: #PlanYourLegacy

Q14.85 How to do tax planning for individual?

Tax Planning for Individual     Tax planning for individual involves various strategies to minimize tax liabilities and optimize financial situations. Here are some key steps to consider when doing tax planning for individuals: 1. Understand Tax Laws: Stay informed about the latest tax laws and regulations that apply to individuals. This includes knowledge of income… Read More »

Tax planning is compulsory or not?

Tax Planning

Is Tax planning Compulsory   Tax planning is not compulsory in the sense that individuals and businesses are not legally obligate to engage in tax planning activities. However, it is highly recommend and beneficial for individuals and businesses to engage in tax planning to optimize their tax position and minimize their tax liabilities. By proactively… Read More »