Perks Of Compounding Power

The tax season is on and taxpayers, both salaried and self-employed are on the run to ensure proper tax savings. As an investor, one should look for investment options that not only saves tax but also ensures tax-free income. While choosing the right tax saving tool, among several other factors such as liquidity, safety and returns, make sure that you understand how the returns would be taxed. Also, if the amount or the income earned is taxable, the scope to make money over the long run gets constrained as taxes will end up eating into your dreams. Is there any way to save taxes? Well, there is, defnitely and early planning is the key to ensure optimal returns on any investment or tax-planning activity. It goes without saying that all of us work really hard to earn money, but most of us fail to make the same work properly for us. This is where we go wrong; but we ought to make our money...