Income and expenditure such as salary, lotteries, interests from banks, payment of commissions, rent payment, payments to freelancers, etc. fall under the ambit of TDS. When making payments under these segments, a percentage of the overall payment is withheld by the source that is making the payments. This source, which can be a person or an organisation, is known as the Deductor.

Long gone are the days of considering single women to be spinsters. Women are becoming more and more comfortable in taking control of their own finances, shaping their financial futures and turning their goals into realities. Whether you're young and never married or newly single, it's never too late to grasp the reigns and take control of your financial destiny.

Though it might be an exciting when you're considering taking the plunge and getting married, don't forget that you really need to have a serious talk with your new partner about money, before you get married. Though this may be an awkward discussion to have, you need to know what your partner earns, debts owed and the life partners financial plans for the future.