Overview
Understand how the Tax Optimizer works
The Tax Optimizer runs before you e-File, using your current year's income, deductions, and tax payments as a baseline. It assumes similar income levels for the next year and asks simple questions — such as your risk appetite (low-risk vs. high-return) and any fixed amounts you want to exclude from recommendations. The result is a personalised deduction plan for the next assessment year.
1
3-Part Optimizer
Consists of: (1) Recommendation method selection, (2) Summary results, and (3) Today vs. To-Be comparison.
2
Risk-Based Advice
Choose between low-risk (FD, Post Office), balanced, or high-return (ELSS, NPS) recommendations based on your preference.
3
Personalised Limits
Specify a fixed amount you want excluded from the optimizer's calculations — useful if some investments are already committed.
4
Today vs. To-Be
Side-by-side comparison of your current assessment year's tax vs. projected next year's tax if recommendations are followed.
How the Tax Optimizer Works
Three-step process to generate your tax saving plan
1
Select Recommendation Method
Choose how you want the optimizer to generate advice: Low-Risk (conservative instruments like PPF, FD), Balanced (mix of equity and debt), or High-Return (ELSS, NPS with higher equity exposure). You can also specify an amount to exclude if you have pre-committed investments.
2
Net Tax Savings
The optimizer displays the projected net tax savings for the next assessment year if you follow the given recommendations. This figure accounts for all eligible deductions and compares the before-and-after tax liability.
3
Deduction Recommendations Table
A table showing recommended investment amounts for each deduction category (e.g., increase LIC by ₹X, start NPS contribution of ₹Y) along with how much each change increases or decreases your tax liability. Recommendations are tailored to your income and existing investments.
4
Tax Summary Comparison
A side-by-side comparison of: (a) your current assessment year's tax computation, (b) the projected tax for the next year assuming the same income, and (c) the recommended plan's impact — showing the final tax due/refund for each scenario.
Tip: The Tax Optimizer's recommendations are for planning purposes only. Consult a tax professional for specific investment advice. Actual tax savings depend on your investments and income in the next financial year.
Today vs. To-Be — Year-on-Year Tax Comparison
See the difference your planned investments will make
1
Today (Current Assessment Year)
Displays your actual tax calculation for the assessment year you are currently filing: total income, deductions claimed, taxes paid, and refund/tax due. This serves as the baseline.
2
To-Be (Next Assessment Year)
Projects your tax position for the next year, assuming the same income levels but applying the optimizer's recommended deductions. Shows how much lower your tax liability could be.
3
Net Savings
Highlights the difference in tax between the current year and the optimised next year. For example: "Following these recommendations could save you ₹15,000 in tax next year."
4
Action Plan
Use the recommendations as a checklist for the coming year: set up SIPs for ELSS, start or increase NPS contributions, buy health insurance before March 31, etc.
Remember: Tax Optimizer recommendations are forward-looking. The actual optimisation applies to the next financial year, not the one you are currently filing. Use this screen to plan — then implement the suggestions from April 1 onwards.
Need Assistance?
Our tax experts are available to help you via call, WhatsApp, chat, or email.