Apply for JIO IPO - India’s Mega IPO Is Here!

Apply for JIO IPO -

Angel One - Share Market Trading and Stock Broking
Skip to main content
Taxes

Tax shelter

Tax planning involves strategically utilizing legal methods to minimize tax obligations and potentially defer payment. This includes taking advantage of tax relief and exemptions to reduce the amount of tax owed on certain activities. However, it is important to note that tax avoidance schemes, despite their polite terminology, are often designed to artificially lower tax liabilities and may be considered unethical or illegal. It is crucial for individuals and businesses to understand the difference between legitimate tax planning and illegal tax avoidance strategies.

Related terms

Corresponding adjustment

Understand the meaning and definition of Corresponding adjustment in the context of stock market, trading, and investments.

MORE
Onus of proof

Understand the meaning and definition of Onus of proof in the context of stock market, trading, and investments.

MORE
Assessment

Understand the meaning and definition of Assessment in the context of stock market, trading, and investments.

MORE
Taxable period

Understand the meaning and definition of Taxable period in the context of stock market, trading, and investments.

MORE
Deficiency

Understand the meaning and definition of Deficiency in the context of stock market, trading, and investments.

MORE
Indirect tax credit

Understand the meaning and definition of Indirect tax credit in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store