The new financial year (FY) 2022-23 (i.e., April 1, 2022 to March 31, 2023) is finally here. Most of us leave our income-tax planning till the last minute. But it’s always better to start planning your taxes at the start of the year, just as you ought to take charge of your finances. Let us go through a list of different tax provisions which would help in planning for taxes for the year. Some of the provisions under the Income-tax Act, 1961 (the Act) which would be applicable to an individual taxpayer are outlined below: