SahiSavings

Tax Planning

Compare regimes and see which deductions apply to you.

Plan your taxes
Sahi Savings app tax planning screen showing tax to be paid, tax saved so far and how much more can be saved.
App screens are shown with sample data and do not indicate actual balances or returns.

What it is

Tax planning means arranging your income, investments and expenses within the law so that you pay the tax you owe and no more. For salaried people this mostly comes down to choosing a tax regime and using the deductions and exemptions available to you.

Who it may be useful for

  • Salaried individuals deciding between the old and new tax regimes.
  • People who receive HRA, LTA or other allowances.
  • Anyone who tends to make tax-saving decisions in a rush at year end.

Whether it suits you depends on your own goals and circumstances.

Benefits

  • See an estimate of your tax under each regime.
  • Understand deductions under Chapter VI-A, such as Sections 80C and 80D.
  • Plan across the year instead of in the last month.

Things to consider

  • A product should suit your needs first. A tax deduction alone is not a reason to buy it.
  • Many deductions are available only under the old regime.
  • Estimates depend on the accuracy of what you enter.

How Sahi Savings helps

  • Income tax planning tools and HRA, LTA and exemption calculators.
  • A view of which deductions you have used and which remain.
  • Plain-language explanations of each section.

Steps

  1. Enter your salary structure and tax regime.
  2. Add your existing investments and eligible expenses.
  3. Review the estimate and the deductions still open to you.
  4. Decide what to do, with your Chartered Accountant if needed.

Questions

Is this tax advice?

No. The tools give indicative estimates to help you understand your position. For advice specific to you, consult a qualified Chartered Accountant.

Which regime is better?

It depends on your income and the deductions you can claim. The comparison shows an estimate for both so that you can decide.

Does Sahi Savings file my return?

The planning tools described here help you estimate and plan. Check the app for the filing support currently available.

Plan your taxes in the app

Download the app, enter your basic details and set a passcode. Then add your tax regime and investments to see everything together.

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