Income Tax Planning
Expert Tax Planning for Maximum Savings
Effective tax planning is crucial for minimizing your tax liabilities and maximizing your savings. At Accelerate My Finances, our seasoned professionals provide comprehensive tax planning services tailored to your unique financial situation. We stay up-to-date with the latest tax laws and regulations to ensure you take full advantage of all available deductions and credits. Our personalized approach helps you strategically plan for your taxes, allowing you to keep more of your hard-earned money. Whether you’re an individual or a business, trust us to optimize your tax strategy and guide you towards financial success with confidence and peace of mind.
Maximize Your Refund, Minimize Your Stress
REQUIRED DOCUMENTS FOR TAX PLANNING
Please create the zip file for documents applicable to you and share with us.
- Form 16
- March month salary slip
- If you have changed the company during last FY then last salary slip or FNF statement from last company is required.
- If you have changed the company during last FY then last salary slip or FNF statement from last company is required.
- Tax computation sheet of last FY
- Investments/Insurances :
- Any type of insurance.
- LIC/PPF/PF
- MF investment for taxation purposes
- Long-term FD investment for taxation purposes
- Note : Please share the documents supporting them even if form16 shows 1.5L even details needs to added while filing.
- Exemptions (Not needed if the Tax computation sheet of last FY is provided)
- Already claimed at the working organization.
- ESPP/RSU/ESOP – Buy/sale (Profit and loss report)
- The exact date and amount when money is credited to your bank account
- Tax statements
- Gain/loss statements
- Current holdings.
- The exact date and amount when money is credited to your bank account
- India Stocks/MF/Crypto – Buy/sale (Profit and loss report)
- NPS contribution
- Home/Education loan details.
- Gratuity
- Leave encashment on leaving the company
- If someone has already done the 80G donations,we will reduce effective return for that while doing fee calculations.
- Bank account details in case of the refund (New client only)
- ITR username and password (New client only or credentials has been changed)
Important pointers :
- Tax profit and loss report to check short/long term gain ( Can be downloaded from your stock broker).
- If you have specific details related to your documents, special handling instructions, or any missing information, please create a text file and include detailed notes. This will help ensure everything is properly considered during ITR filing and prevent any oversights from either your end or ours.
This consists of the 2 components: Fixed + Variable.
o Variable Component
10% of the total refund generated
OR
10% of the tax saved which is due.
o Fixed Component (As per your investment profile):
| Fixed Fee (Rs.) | Investment profile |
|---|---|
| 2000 | o User with no sale of investments. (Excludes foreign equity) |
| 3000 | o User has worked with 2 companies. o User with sale of investments falling under Indian Mutual funds/stocks. |
| 3500 | o User has worked with 3 or more companies. o User with sale of crypto investments. o User with any of above category plus freelancing income. o User who have bought foreign equity (From company / apps like Indmoney etc) |
| 4000 | o User with sale of foreign holdings (e.g., Direct stocks from Indmoney/Vested) o User with Indian + foreign equity sale. |
| 4500 | o Users with capital gains raised from ESPP/RSU o Users with capital gains and housing adjustments |
| 5000 | o User with business income or trading income. |
Example for understanding:
Let's say you are a user with no sale of investments and after taking our services, your final tax to be refunded is Rs. 50,000. So the fee will be calculated as below:
Variable Component: Rs. 5000 (50000 * 0.10)
Fixed Component: Rs. 2000
Total Fee: Rs. 7000 (5000 + 2000)
Note: You can pay the fee by clicking on the payments link on the header of the website.
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