Tax Saving
Taxes are a part of every financial journey, yet most individuals approach them only at the last moment—rushed, confused, and often without a strategy. Effective tax planning is not about avoiding taxes; it is about organising your finances so you pay correctly, save meaningfully, and make full use of the provisions available to you.
At Moneybeans, tax planning should support your financial goals, not distract from them. When you plan early and plan smart, you protect more of your income, invest better, and reduce unnecessary stress during the financial year.
Why Tax Planning Matters?
Tax planning is not just about claiming deductions. It helps you:
- Optimise your savings
- Reduce taxable income
- Allocate investments wisely
- Strengthen your long-term wealth creation
- Avoid last-minute decisions that may not suit your needs.
A disciplined approach ensures your money is used effectively across goals like retirement, education, insurance, and investments.
How Moneybeans Approaches Tax Planning?
We follow a structured process that aligns your tax-saving decisions with your overall financial plan. Tax benefits should never be chosen in isolation. They must fit into your asset allocation, risk appetite, and long-term roadmap.
Our framework covers the following areas:
Analysing Your Income Structure:
Your tax strategy depends largely on:
- Salary components
- Business or professional income
- Rental income
- Capital gains
- Foreign income, if applicable
We help you understand how each component is taxed and how it can be optimised.
Choosing the Right Tax Regime:
With the introduction of the old and new tax regimes, planning has become more flexible.
We review your numbers and recommend the regime that suits your situation best.
Strategic Use of Deductions and Exemptions:
Tax planning is effective only when it aligns with your needs. Some commonly used provisions include:
Section 80C:
Up to ₹1.5 lakh through:
- ELSS
- PPF
- EPF
- Life insurance premiums
- Children’s tuition fees
- Home loan principal repayment
Section 80CCD(1B):
Additional ₹50,000 deduction via NPS — a strong tool for retirement planning.
Section 80D:
Health insurance premiums for self, spouse, children, and parents.
Section 24(b):
Interest on home loan up to ₹2 lakh.
Capital Gains Provisions:
Indexation benefits, exemptions under sections 54/54F/54EC, and structured reinvestments for property or long-term assets.
At Moneybeans, we bring all these together to build a simplified tax-saving path tailored to you.
Investment-Led Tax Planning:
Many individuals invest only to save taxes. This often leads to unsuitable products and misaligned portfolios.
We ensure your tax-saving investments also satisfy your:
- Return expectations
- Time horizon
- Liquidity needs
- Risk comfort
Tax benefits become an addition, not the purpose.
Planning for High-Income and NRI Individuals:
Tax planning extends beyond basic deductions. We also help with:
- Capital gains management
- NRI taxation rules
- Double Taxation Avoidance Agreement (DTAA) benefits
- Tax Residency Certificate (TRC) usage
- Gift City investment tax structures
- HUF planning
- Rental income optimisation
This ensures your tax framework stays compliant and efficient across geographies.
Aligning Taxes With Your Life Goals:
Every financial goal has tax implications.
- Retirement → NPS, EPF, annuity taxation
- Child education → long-term equity planning, gift tax rules
- Wealth accumulation → capital gains management
- Legacy planning → nominations, will structure, taxation of inheritance
We integrate tax decisions into your broader financial map so nothing is done in isolation.
The Moneybeans View
Tax planning is not a one-time activity. It is a year-round discipline that shapes your financial health. When planned well, taxes stop being a burden and become an opportunity—an opportunity to save smarter, invest better, and meet your goals with more clarity.
At Moneybeans, we work with you to create a simple, structured, and confident approach to tax planning—so you stay organised, compliant, and in control of your money throughout the year.
Your income is earned with effort.
Your taxes should be planned with intention.
And your financial goals should always stay at the centre.
