Tax Planning
What is tax planning?
Tax planning means using the deductions and exemptions the law allows, such as those under Sections 80C and 80D, and choosing the right tax regime, so you pay the tax you owe and no more.
Good tax planning chooses investments and insurance that you would want anyway, and treats the tax saving as a bonus.
Deductions under Sections 80C and 80D are available only under the old tax regime. Tax rules change from year to year; this page is general information, not tax advice.
The risk tax planning addresses
Without a plan, many people either miss deductions they are entitled to, or rush into products in March that do not suit their goals. Both cost money, every year.
Without it, you could face
- Paying more tax than necessary
- Last-minute investments that do not fit your goals
- Choosing the wrong regime for your income
- Missing proofs when your employer or the tax department asks
What tax planning gives you
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Section 80C, up to ₹1.5 lakh
Life insurance premiums, ELSS, PPF, and other eligible investments.
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Section 80D
Health insurance premiums for your family and your parents.
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Old or new regime?
We compare both for your income and deductions so you can choose.
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ELSS funds
Equity funds with the shortest lock-in among 80C options: three years.
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Plan early
Spread investments through the year instead of a March rush.
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Proofs made easy
Premium receipts and statements ready for your employer or tax filing.
Is this right for you?
If any of these sound like you, a short conversation with us is a good place to start.
Ask us a question- Salaried employees submitting investment proofs
- Self-employed people and professionals
- Families paying health premiums for parents
- Anyone unsure which tax regime suits them
Consultation, comparison, planning and ongoing support
Many people rush into tax-saving products in March and end up with investments they don't need. Planning early in the year means every rupee you save on tax also works towards a real goal.
We help you use the deductions available to you, compare the old and new tax regimes for your situation, and choose insurance and investments that make sense beyond the tax benefit.
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Consultation
Salary, other income and the deductions you already have.
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Comparison
Old versus new, for your numbers.
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Plan & set-up
Insurance and ELSS or other options that fit your goals.
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Ongoing support
Receipts and statements organised for filing.
Tax Planning: common questions
It depends on your income and how many deductions you claim. Deductions under Sections 80C and 80D are available only under the old tax regime. We'll compare both for you; for complex situations we recommend confirming with a chartered accountant.
Early in the financial year. Monthly SIPs in ELSS or regular premiums spread the cost and avoid rushed decisions in March.
Three years from each investment. With a SIP, each instalment has its own three-year lock-in.
Yes. Under Section 80D you can claim up to ₹25,000 for parents' premiums, or ₹50,000 if either parent is a senior citizen, on top of your own family's limit.