The Tax Planner focuses on your individual circumstances and requirements before offering customized tax planning advice. All you need to do is provide us approximate income and investment details, and we will offer you suggestions on how to save your tax right down to the last rupee.
We start by getting to know you.
We’ll begin by asking about your personal life; the usual – age, family, dependents, and other information. This information sets the foundation for us to assess your tax liability as well as help us make the right recommendations for tax planning.
We will then require you to share with us all your approximate income. This includes all sources, such as interest from your savings accounts, royalties, etc. This can be an approximate figure and it is just for us to get a better idea.
Share with us details of expenses that you incur which attract tax exemption or deduction. Pension policies, post office schemes, or any other general investment, as well as insurance policies come under this section.
And now we analyse. The analysis will tell you where you stand with regard to your tax liability. We will compare your current tax liability based on your income and investments, and if we observe a shortfall, we will make recommendations based on the information that you have provided. The Tax Planner will recommend financial vehicles that focus on health insurance first and then on wealth creation.
TaxBuddy Tax Planner is the brainchild of senior industry leaders whose years of experience and detailed research on customer requirements helped create one of the smartest, AI-driven tax planners in the marketplace today.
TaxBuddy Tax Planner provides online advisory without the unconscious bias and limitations of traditional tax consultant. Moreover, the Tax Planner is available to you all through the year, any time of the day or night. Additionally, the thorough knowledge of taxation rules is what allows the tool to provide suggestions based on hundreds of IT rules.
As India’s first automated tax planner, Tax Planner offers you customized and accurate tax advisory which will help you with better tax planning.
Tax Planner has an intuitive, step-by-step user interface that empowers people who are not acquainted with tax saving vehicles.
Customers can legally save every rupee, thus saving them more money every financial year. With this knowledge, it becomes easier to file returns at the end of the financial year.
The tool brings you the double benefit of tax savings under section 80c as well as wealth creation by investing in tax saving diversified equity (ELSS) funds.
Once you register, you will get a comprehensive financial document which you can download for your reference.
All your financial data is in one place, giving you a single consolidated snapshot of all your money – investments, expenses, liabilities, etc.