2015-2025 Form

Every year as a salaried employee many of you must have fill Form 12BB, but did you ever bothered to know its purpose. Don’t know ??It is indispensable for both, you and your employer. With the help of Form 12BB, you will be able to figure out how much income tax is to be deducted from your monthly pay. Further, with the help of Form 12BB, you will be in relief at the time of filing returns as at that time you will not have to pay anything due to correct TDS deduction.So, before filing such important form keep the below listed things in your mind so that you may live a tax hassle free life.For More Information:- 7 key points which must be known before filling Form 12BB

There are great answers so far. Before you start reading please note that I am a French Canadian and I am a high school teacher. I mostly teach mathematics, computer science and business courses. I have been a teacher for close to twenty years. Also, English is not my first language and I welcome edits. The issue is very complex. I will only concentrate on three key issues that I have noticed throughout my career. I will as much as I can provide sources for some of the affirmations that I will bring forward.1 -The burnout syndrome within the first five years is something to take into consideration. In my area, it is true that many young teachers, after a few years of teaching, consciously or unconsciously, do not wish to stay in the teaching profession until their retirement. I would like to address the white elephant in my post. Upon having mentored a few of them and having invested effort and time with them I have experienced the following.Some students that graduate from a university, ( In my province, you need to have a university degree and then take a year of teacher's college.), end up with degrees that are ... well... useless. Before you all start to tar and feather me, please read my whole post. For example, those that graduate with general art degrees, social studies degrees, history degrees or any of what is considered to be 'soft subjects' will most likely struggle when comes the time to seek decent paying jobs. They try out their luck in the real world and realize that one of the ways to earn a decent living is to become a teacher. They naively believe that it is the easy way to go and have excellent vacation time and have a great life. Those young teachers did not choose their profession out of vocation but out of necessity to survive in this materialistic world. They basically had no idea what they were getting into. Also, I am speaking for myself but those are the ones that burn out very very fast. In essence, if you decide to become a teacher just for the money or the vacation time, you will not make it past the five year mark.Below is an interesting article that concentrates on the young teachers quitting their jobs withing the first five years.Source: Montreal Teachers 4 Change.org2- The burnout syndrom from 5 years to 15 years. ( This is a random number I took to make my point. )The causes are as varied from one person to an other. In my years of teaching, I have noticed the following causes. Without any particular order, I will list them. Please note that after a leave, those teachers do come back and even though I have no proof, they are never quite the same but I find that they are much more solid at their core. OK, here we go. Divorce, Too many young children at home,( I have seen this with female teachers. Some need to take a sick leave because they simply cannot cope after coming back from maternity leave. Perhaps, a female teacher who had more than two children in a short lapse of time can add to this since I have no children myself.)Serious illness ( cancer, heart, etc.)Drug or alcohol problem Taking care of aging parents and inevitably their death,Unforseen events that can cause a deep emotional trigger, ( For me, one year it was the four consecutive suicides and accidental deaths of my students in the span of six weeks. For the record, I did not take long term sick leave but I took a leave of absence to go to each and everyone's funeral. Part of my soul got calcinated that winter.)  If interested, click on the link below where I wrote about that life changing event. Anna Demers's answer to What does a bad day at your workplace look like?Hence, I have noticed that those that take any type of sick leave are usually related to outside factors that end up affecting the overall performance of their teaching profession. 3- The camouflaged burnout syndrome or retirement phaseI have noticed that many, if not most, teachers that are near the retirement phase are as dedicated as they were when they began. They have so much experience and they are genuinely sad to leave. In all of the teachers that I saw with my own eyes signNow retirement 'counting their days' were those that in some way simply gave up somewhere along the way. They are good teachers but somehow for all kinds of reasons or triggers, became detached and kept an emotional barrier ( It is difficult to explain.) Hence, they stop participating at extra curricular activities, they simply wind down and slowly and discreetly step aside. What I found particularly interesting is that many of them will come to the school to help out after taking a break from their retirement. Many of them get involved with all kinds of activities on a voluntary basis and many are called to also work as substitute teachers. Some simply never look back and go on to other adventures.In any case, their choice of activities always involves being around people in some way. There are probably a whole lot of other variables but those are the ones that I wished to concentrate on.