Inflation and Taxes are the biggest threats for any investment strategy, hence Tax planning plays a very crucial role in all stages, wealth creation, management or distribution as tax inefficiencies can erode a large part of wealth.

Efficient tax planning also relates to knowing and clearing of all your tax liabilities in time, so as to avoid penal charges or future liabilities.

Tax Planning is also plays a crucial role in wealth distribution to the next generations.

Distributing business/investment income in various heads in family/creating HUFs/Family Trusts are some of the basic ways of tax planning.