A unique alphanumeric identity which is allotted to each taxpayer is the Permanent Account Number (PAN). It is a 10 digit no. which is provided by the Central Board of Direct Taxes. Presently it is one of the most important documents which acts as financial identity proof for each of monetary transactions. Whether you have […]
Category: Blog
NRI Marriages and Divorce
‘Divorce- a resumption of diplomatic relations and rectification of boundaries’-. Bierce. The most sacred institution which binds persons for a lifetime together is self-destroyed by these two persons. It is an abrupt stop and legal way to end a relationship. The financial trauma of this is excruciating.The contemporary trend is marriage of a Indian brides […]
CAN NRI DRIVE IN INDIA?
NRIs when visiting their India often face hurdles when they decide to go out and explore on their own. Driving a Vehicle by a Foreigner or NRI without a Valid Indian Driving License is similar to driving with no license at all and is an offence punishable with Fine.Short Time VisitorsIndia being a signatory of […]
DRINKING & DRIVING
“The DRIVER is SAFER when the roads are DRY; the ROADS are SAFER when the DRIVER is DRY”Since most of the road accidents in India are caused because of the drivers fault, it is but important that the driver must be completely conscious while driving and must not be intoxicated. Which is why, drunk driving […]
Difference between Succession Certificate and Letter of Administration
The right paper work goes a long way in getting your money to those you love when you are no more to help them out. When you approach a financial institution, bank, Mutual Fund AMC, Demat account, PPF etc. to inherit, they may ask for documents like Succession Certificate or Letter of Administration or Probated copy of the Will to ascertain that you […]
GST and the Real Estate
With the implementation of GST from July 2017, people wanting to invest in the real estate sector as well as dispose of their existing one are curious to understand how GST will impact them.We have received numerous queries after this move by the government. While it may not be possible to address all individual queries […]
Delay in Possession of Property by the Developers
The Indian Government has been taking several steps such as Demonetization, RERA, GST, etc. to create a transparent and corruption free economy.The Real Estate Regulation Act has been implemented to protect buyers and increase the investment in the real estate sector. The realty sector is a major contributor to the GDP of the country and […]
Legitimacy of illegitimate children
“There are no illegitimate children – only illegitimate parents.”– Leon R. Yankwich.The above quote gives an insight as to how the so called ‘bastards’ have to be treated as a heritage from the Lord, the fruit of the womb a reward. Since days of yore the misbegotten children are treated as virtual outlaws of society. […]
MAINTENANCE OF SENIOR CITIZENS
It’s the Indian society’s centuries old traditions which teaches us inter alia that, it is our duty to respect and listen to our elders, not because they are always right but because they have more experiences of being wrong. In return of all the teachings and words of wisdom, we must provide them care and […]