Income Tax Planning Simplified | Based on Income Tax Act 2025 | Tax Saving Strategies for Individuals, Investors and NRIs

Income Tax Planning Simplified by CA Paras Agarwal is a practical and user-friendly guide designed to help readers understand and optimize their tax liabilities under the Income Tax Act 2025. The book breaks down complex tax provisions into simplified concepts, enabling individuals, investors, and NRIs to make informed financial decisions. It focuses on tax-saving strategies, compliance requirements, and financial planning techniques that align with current tax regulations in India. With a clear and structured approach, the book bridges the gap between technical tax law and everyday financial planning.

Key Features

• Simplified explanation of income tax provisions based on Income Tax Act 2025
• Practical tax-saving strategies for individuals, investors, and NRIs
• Guidance on financial planning aligned with taxation laws
• Easy-to-understand approach for non-technical readers
• Focus on real-life application of tax rules and compliance
• Covers essential aspects of tax calculation and planning techniques
• Useful reference for both beginners and finance professionals

This book is ideal for salaried individuals, investors, and NRIs who want to optimize their tax planning and reduce liabilities legally. It is also beneficial for finance students, aspiring Chartered Accountants, and tax practitioners seeking a simplified understanding of income tax concepts. Additionally, professionals involved in financial planning, advisory services, and wealth management will find this book valuable for practical application and client advisory.

Content of the Book is as follows –

Part I – FOUNDATIONS & CONCEPTS

1. The 2026-27 Tax Landscape – Introduction to the ‘Tax Year Concept and Residential Status
2. Earning and Owning – Introduction to Salaries & House Property
3. The Business Pulse -Analysis of Business & Professional Income
4. Wealth & Assets -The Simplified Tax on Capital Gains
5. Other Sources Income – Including Taxation of Gifts
6. Taxation of Hindu Undivided Family – The Family Business
7. The Frontline – TDS Compliances with Simplicity – Individuals and HUFs are also required to deduct TDS

Part II – THE STRATEGIC TAX PLANNING

1. The Digital Auditor – Al, AlS, and Faceless 2.0 – How department knows everything about you?
2. The Filing Toolkit – Choosing the Right ITR Form – An initial step to be taken care
3. Tax Planning Strategies for Non-Residents – Taxation of Non-Residents including NRIs
4. The Global Bridge – Concept and Benefits of DTAA – Avoid Paying Double Tax
5. Wealth in Stocks Taxation of ESOPs and RSUs – To be reported under Salary Head
6. The Transparency Schedules – AL, FA, and FSI – Important Schedules
7. How to Avoid Notices – The “Zero Percentage Notice” Strategy

Part III – UNDERSTANDING WITH PRACTICALS

1. Frequent Tax Discussions – Solution for your daily taxation problems

PART IV – YOUR REGULAR TAX QUERIES

1. Common Tax Queries – Find solution of your queries here

• Highlights of Individuals Income Tax Rules 2026 for Salaried Individuals