Avoid Tax Planning Pitfalls: Year-Round Strategy Beats Last-Minute Rush

• Tax planning should be a year-round process, not a last-minute March scramble.
• Hurried investments in ELSS, PPF, or tax-saving FDs often lead to locked funds, wrong products, or emergency fund depletion.
• Under the new tax regime, income up to ₹12 lakh is tax-free, reducing the urgency for traditional tax-saving investments.
• Prioritize emergency funds, insurance, and goal-based investments throughout the year; tax saving becomes a bonus.
• Digital platforms and SEBI-registered advisors can help balance wealth creation with tax efficiency.

Why It Matters: Effective tax planning is a continuous process focused on wealth creation, not a last-minute rush to save tax.