Smart tax planning helps you legally reduce your tax liabilities—and save more of your income.
Before filing your return, take a few minutes to review these key tax-saving tips. It can make a real difference.
Tax Planning: Your Key to Smarter Tax Savings
Maximize your tax benefits legally and effectively—protect your income through informed, strategic tax planning.
Did you know that without proper planning, taxes can take a significant portion of your income? Effective tax planning helps you retain more of what you earn—while staying fully compliant with legal requirements.
By using available exemptions, deductions, and benefits offered by the Revenue Authority, you can lawfully reduce your tax liability and lower your total tax burden.
First Step
Tax planning is a personalized process. Since tax rates and available benefits vary among individuals, each case requires a unique approach.
The first step is to confirm your status as an Active Taxpayer, as this status can reduce the rate of tax deductions applied to you.
Click the button below to check your current status. On the linked page, look for the “Active Taxpayer List (Income Tax)” on the left-hand menu and follow the steps provided.
Second Step
The next step is to understand common advance tax deductions—these are amounts already deducted at source that you can claim when filing your tax return.
For your ease, we’ve provided a button below with a list of the most commonly deducted taxes at the source:
Third Step
Timely submission of your annual tax return is a key part of smart tax planning.
Filing on time helps you avoid penalties for late or non-submission, as imposed by the tax authority.
Please note: The documents required for tax filing may differ based on your tax category (e.g., salaried, business, company, AOP).
To help you prepare, please click the relevant button below to access the list of required documents: