Tax Planning is a key aspect of every salaried individual who earns more than ?2,50,000. Every Individual express perturbation at the end of every financial year looking at the amount that they have to shell out from their kitty. Therefore, it is always suggested that tax planning should be done meticulously looking at your salary slab before investing and also plan everything a year ahead and take benefits from the exemptions and deductions to minimize your tax liability during each financial year.