Income tax planning is important. Tax-saving investments play a key role in this planning. However, when it comes to investing for tax savings, it can be a mistake to act only with tax savings in mind. Is it right or wrong to invest only for tax purposes? How does taxation affect savings and investment Many people take out insurance policies or other tax-saving investments for tax savings without considering whether they are suitable for their financial needs. Let's see the problems that arise from acting solely with the aim of tax savings. Misalignment investing; Investments should be aligned with our financial goals. When we only work with tax savings in mind, investments may not align with our financial goals. This is not ideal. For example, if you are a young investor, your investment portfolio should include growth-oriented investments. Investment Opportunities ; When tax savings are a primary consideration, the opportunities to choose ...