Begin tax planning now ; The sooner you start planning for taxes, the better it will be for you. Here's a quick guide to get you started.

It's now November and, chances are that you have already beenhanded your tax liability sheet for 2008-09. If you are a salariedprofessional, your accounts department has handed you one and if youare self-employed or in business, your chartered accountant musthave done so. Have you booked losses in the stock market and are youwondering whether these can be set off against income or gains thatmay have accrued to you during the year? Surely, these are importantquestions that you need to consider along with the various taxplanning Schemes. To help you get going with the exercise now,instead of running helter-skelter towards the fag-end of thefinancial year, here's a quick guide on …