Pay Only What You Legally Owe — Strategic Tax Planning for Individuals and Businesses
Tax planning is the legal process of arranging your financial affairs in a manner that minimises your tax liability within the framework of the Income Tax Act. It is fundamentally different from tax evasion (which is illegal) — tax planning involves proactively utilising every deduction, exemption, and structural benefit available to you under the law, applied correctly and at the right time during the financial year.
Effective tax planning is a year-round activity, not a last-minute exercise in March. It involves choosing the right tax regime (old vs. new), structuring salary components optimally (HRA, LTA, NPS, reimbursements), timing capital gains to utilise exemptions, investing in tax-saving instruments before the deadlines, choosing the right business structure, and using family-based tax planning opportunities like HUF formation and family salary arrangements.
VITTAX's tax planning advisory is provided by qualified Chartered Accountants who have deep experience in both individual and corporate tax planning. We prepare a personalised tax planning document for each client at the start of the financial year — updated based on significant financial events — and ensure every legal tax-saving opportunity is captured.
Who Needs Tax Planning?
What's Included in a Tax Planning Engagement?
Pricing
Individual Tax Planning & ITR
₹4,999/year
For salaried & self-employed individuals
Ideal for: Salaried individuals and small business owners wanting annual tax planning
Business Tax Planning & ITR
₹7,999/year
For proprietors, firms, and companies
Ideal for: Business owners, companies, and HNIs with complex tax situations
Frequently Asked Questions
What is the difference between old and new tax regime?
Old regime: allows all deductions (80C, HRA, 80D, etc.) and exemptions. New regime: lower tax rates but no deductions. For individuals with significant investments and HRA, the old regime is often better. For those without deductions, the new regime saves more. VITTAX computes both every year.
Can my family members help reduce my tax?
Yes — through HUF (Hindu Undivided Family) creation (separate tax entity for Hindu families), hiring family members as employees/partners with legitimate remuneration, gifting to spouse or children (subject to clubbing rules), and assigning income-producing assets to family members. VITTAX advises on all legal family-based tax planning strategies.
⚡ Key Planning Areas
Book a Tax Planning Session → Our CAs prepare your personalised plan and ensure every legal saving is captured