I know and use eric meyer CSS reset, but is there any more things which would be good to add in reset css? and can save our time and increase compatibility.

This is default meyer's latest CSS reset code.

/* v1.0 | 20080212 */

html, body, div, span, applet, object, iframe,
h1, h2, h3, h4, h5, h6, p, blockquote, pre,
a, abbr, acronym, address, big, cite, code,
del, dfn, em, font, img, ins, kbd, q, s, samp,
small, strike, strong, sub, sup, tt, var,
b, u, i, center,
dl, dt, dd, ol, ul, li,
fieldset, form, label, legend,
table, caption, tbody, tfoot, thead, tr, th, td {
    margin: 0;
    padding: 0;
    border: 0;
    outline: 0;
    font-size: 100%;
    vertical-align: baseline;
    background: transparent;
}
body {
    line-height: 1;
}
ol, ul {
    list-style: none;
}
blockquote, q {
    quotes: none;
}
blockquote:before, blockquote:after,
q:before, q:after {
    content: '';
    content: none;
}

/* remember to define focus styles! */
:focus {
    outline: 0;
}

/* remember to highlight inserts somehow! */
ins {
    text-decoration: none;
}
del {
    text-decoration: line-through;
}

/* tables still need 'cellspacing="0"' in the markup */
table {
    border-collapse: collapse;
    border-spacing: 0;
}