- Last-Minute Rush: Procrastination in tax planning leads to hasty decisions and missed opportunities for tax-saving investments.
- Ignoring Deductions: Overlooking available deductions such as Section 80C, 80D, and 80E results in paying higher taxes than necessary.
- Incomplete Documentation: Inadequate documentation of investments and expenses can lead to difficulties in claiming tax benefits and potential penalties.
- Neglecting Long-Term Goals: Focusing solely on immediate tax savings without considering long-term financial goals may result in suboptimal investment decisions. Please FOLLOW US, SUBSCRIBE and SHARE this article with your friends. Learn and Grow with us.
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