March round the corner. Time for tax planning.

Now that March is round the corner, it is time to think about tax planning. Comments / Advices from Members are expected. Markets have not performed during financial year 2015-16. But Tax returns have to be filed. Those who have luckily made good profits, inspite of markets not having performed, will have to think how to save tax on the earned profits. Those who had made loss, What about them?