December 31 is also often the last date for submitting your tax saving details to your company. We hope you have done your tax planning well in advance of the deadlines. Here's 8 ways of planning your tax efficiently.

Next year, the direct tax code will be applicable, i.e., from April, 2012, assuming the bill is passed before that.

Here's an infographic that gives a snapshot of the DTC implications. (Source)

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