Tax Planning

Tax planning is what every income earner does without fail and this is what financial planning is all to them. A good plan is one which takes the maximum advantage of various incentives offered by the income tax laws of the country. Financial planning objective should be getting maximum advantage of various avenues. It is to be remembered that tax planning is a part and not financial planning itself. Primary objective of a good financial plan is to maximize the wealth, not to beat the taxmen.