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      <JournalTitle>Allana Management Journal of Research, Pune</JournalTitle>
      <PISSN>? ?2581-3137 (</PISSN>
      <EISSN>) 2231 - 0290 (Print)</EISSN>
      <Volume-Issue>Volume 11, Issue 1 </Volume-Issue>
      <Season>January 2021 - June 2021</Season>
      <ArticleType>Financial Management</ArticleType>
      <ArticleTitle>A Study on Financial Planning for Salaried Employees and Strategies for Tax Savings</ArticleTitle>
          <FirstName>Mariyah Ahmer</FirstName>
          <FirstName>Dr. Atik</FirstName>
      <Abstract>A financial plan is something that you create after considering your current income, savings, expenses, future earnings, insurance if any, financial goals and a vision for your future life. You then try to choose savings and investment options accordingly so that you can meet your long-term and short-term financial goals at various stages in your lives. Financial planning is important when it comes to saving taxes. It is imperative for an individual as it helps in maintaining steady savings percentage even when the financial markets are constantly being played between inflation and fluctuation.&#13;
Tax planning is an essential part of financial planning. Efficient tax planning enables us to reduce our tax liability to the minimum. This is done by legitimately taking advantage of all tax exemptions, deductions rebates and allowances while ensuring that your investments are in line with their long-term goals.&#13;
The researcher had conducted a survey in order to find out the financial planning as well as for tax saving of the salaried individuals. The survey was done within the region of Pune, Maharashtra for the period of 2 months (1st June, 2020 to 31st July, 2020). The purpose of the study is also to find out the most suitable and popular tax saving instrument used to save tax and also to examine the amount saved by using that instrument.</Abstract>
      <Keywords>Financial planning,tax planning,tax saving instruments.</Keywords>
        <Abstract>https://aimsjournal.org/ubijournal-v1copy/journals/abstract.php?article_id=13161&amp;title=A Study on Financial Planning for Salaried Employees and Strategies for Tax Savings</Abstract>