Meaning of ancestral property in India-An ancestral property means a property which is devolved upon heirs by the 3 generations above them; father, father’s father or father’s fathers’ father. It passes to the next three generations.Meaning of will-A will means a document in which a person specifies the method to be applied in management and […]
Pakistan, Bangladesh, Sri Lanka, Turkey, Cyprus, Syria, Jordan, Egypt, Tunisia, Algeria, Iran, Iraq, Malaysia, Brunei, UAE, Indonesia and Iraq, apart from being countries with major Muslim population the only other thing common among these countries is the fact that all of them have banned talaq-e-biddat (triple talaq) in their countries.Finally, on 22.08.2017, India too can be […]
If one browses through the latest headlines about the now month-long border stand-off between India and China, he/she might think the Asian rivals are teetering on the brink of an armed conflict.The rhetoric is full of foreboding and menace. A Delhi newspaper says China is warning that the stand-off “could escalate into full-scale conflict”. Another […]
No matter however ancient is the concept of will or vasiyaat in India, it is still practiced only among the more gentry class of the country. Will is basically a legal declaration by a man with respect to inheritance of his self acquired property. But for several reasons like lack of awareness, complex family structure […]
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 […]
‘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 […]
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 […]
“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 […]
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 […]