Consider the impact of revised taxation norms Taxation norms change almost every year and this needs to be accounted for in your financial plan. Changes in tax laws might result falling in a different tax bracket and thus paying tax at a higher or lower rate. In such circumstances, you will need to revise your financial plan in order to plan investments and expenses efficiently to reduce the tax liability
Posted on: Mon, 18 Aug 2014 04:20:25 +0000
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