Tax planning may be legitimate, provided it is within the framework of the law. The purpose of tax planning advisory is to ensure tax optimization and maximize investors’ wealth. It aims to reduce the outflow of cash resources made available to the Government by way of taxes so that the same may be effectively utilized for the benefit of the individual or business. It involves arranging one’s financial affairs by assessing the impact of the tax planning laws on the arrangements.
The Indian Tax Regulations offers various methods for tax planning. These methods include incentives offered to business income, investment-linked deduction, exempting certain categories of income, etc. However, to avail of such benefits, one must follow the law in letter and in spirit.
Our team of professionals understands the tax environment in India and stays constantly abreast of the changes in tax policies, administration, and regulations. We assist our clients both corporates and non-corporates not only in developing effective tax strategies but also in implementing them efficiently. The tax law in India is ever-evolving and therefore suitable amendment in the existing tax strategies is required. We invest considerable time in understanding the business operations, needs, and goal of any business enterprise, and based on this offer our structured solutions.
How ASC Helps?