Pramanik Nivesh’s tax-saving solutions help minimize liabilities while encouraging disciplined savings and long-term planning. Options include retirement plans, tax-saving fixed deposits, and insurance schemes. These tools aid in achieving financial goals like retirement corpus, education planning, and wealth growth.
The primary benefit of tax deductions is the reduction in your taxable income, leading to a lower tax bill. This means you get to keep more of your earnings.
Tax-saving options like retirement accounts, fixed deposits, and insurance promote disciplined saving and long-term financial planning while offering valuable tax benefits for secure future growth.
Deductions on contributions to retirement plans not only reduce your current tax liability but also help in building a substantial retirement corpus, securing your financial future.
Financial planning services refer to professional assistance and advice provided by financial planners or advisors to individuals or businesses in managing their finances. These services typically involve analyzing a client’s financial situation, identifying goals, and developing a comprehensive plan to achieve those goals.
When you engage a financial planning service, you can expect the following:
Financial planners may charge for their services in different ways :
Fee-only : Planners charge a transparent fee for their services, typically based on an hourly rate, a fixed fee for specific tasks, or a percentage of assets under management.
Fee-based : This model combines both fees and commissions. Planners charge a fee for their advice and may also receive commissions from certain financial products they recommend.