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What is the Nature and scope of tax planning?

tax planning means how we make the plan for tax. we have toreduce the tax from our business & increase the profit as well.... are called tax planning.


What is the scope of tax planning in indirect tax?

It really depends on who you hire and his/her capabilities


What is the Scope of B.Tech planning?

The scope of B tech planning is implementation, designing and planning of a structure. This is the job of a civil engineer.


What is the scope of the plan?

The scope of B tech planning is implementation, designing and planning of a structure. This is the job of a civil engineer.


Is the project charter an output to scope planning?

Yes, the project charter is considered an output of the project initiation phase, which includes scope planning. It formally authorizes the project and outlines its objectives, stakeholders, and high-level requirements, thereby providing a framework for further scope definition and planning. While it supports the scope planning process, it's more accurately viewed as a foundational document that precedes detailed scope planning activities.


Difference between the tax planning and tax avoidance?

Tax planning is legal while tax avoidance will get you into a lot of trouble


What is the difference between corporate planning and tax planning?

Corporate planning is planning made for your business while tax planning is minimizing the taxes you pay in a legal manner


What is the difference between tax planning and budget planning?

Tax Planning is the method of reducing tax liability through legally accepted devices whereas budget planning is managingincome and expenditure of a person or organization.


Does small business owners need basic tax planning solutions?

Tax planning is necessary for small businesses since they have to make estimated tax payments. Tax planning also allows you to use tax friendly strategies to optimize your tax situation for the entire year.


What is tax planning and tax management?

minimization of taxes


What is the difference between tax planning and tax management?

1.tax planning is a wider term and tax management is narrow term which is a part of tax planning. 2.tax planning emphasizes on tax minimization whereas, tax management is compliance of legal formalities . 3.every person does not requires tax planning but tax management is essential for everyone. 4.tax planning is about future benefits and tax management is about present benefits.


Scope of production planning?

The scope of production planning is to ensure that you have enough raw materials and manpower to build the finished product. It should be based on estimated demand for the finished product.