Tata Motors is India's largest CV manufacturer, with an overall domestic market share of 59.4% in FY12 and the second largest producer of passenger vehicles (13.1% in FY12). In 2008, the company acquired two iconic brands, 'Jaguar' and 'Land Rover' from Ford for a total consideration of US$ 2.3 bn and this is likely to transform it into a global player in the passenger vehicles space. It is also credited with the launching of 'Nano', the world's cheapest car till date. Tata Motors is also the first company in the Indian automobile sector to be listed on the New York Stock Exchange.
The amount that you spend for your or your family's education expenses can provide you tax benefits. PersonalFN explains various Sections of the Income-Tax Act that allow such deductions and exemptions.
The finances of a large number of people get messed up due to the lack of an organised approach. PersonalFN has listed down some commandments that you must follow to enjoy a stress-free financial life.