Here's a simple primer to what actually Form 16 is and what must be done with it.
FM proposed rationalisation of various tax exemptions.
While diligent paperwork helps claim tax benefits, with employers under pressure from the government, any lapse in documentation by an employee will lead to sharp cuts in salary.
Taxpayers can claim a deduction on tuition fees for a maximum of two children.
If you plan it out, instead of rushing it in the last moment, you will realise how much you have saved and the difference it makes to your personal wealth.
Equity-linked savings scheme, PPF and Sukanya Samriddhi Yojana are recommended instruments.
In a chat on rediff.com, Feroze Azeez offered valuable tips.
Encouraging domestic financial savings through focused measures would help mobilise long term resources for funding infrastructure and economic development.
Finance Minister Arun Jaitley presented the Union Budget.
The industry employs about 10 million workforce.
Mohandas Pai took part in an hour-long chat on rediff.com
NDA government has shunned populism.
'Narendra Modi is single-handedly changing the formula to win elections. With money, human resources, mobile technology, the Internet, advance planning and tremendous confidence, he has spread his image more in UP villages than in urban areas.' Rediff.com's Sheela Bhatt reports from Lucknow on how Team Modi is changing the rules of the election game.
Indian economy about to take-off
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