For Non-Resident Indians, navigating the landscape of property partition in India can be daunting. With intricate laws, familial dynamics, and cultural nuances, the process often becomes a labyrinth of legal and emotional challenges. This article aims to shed light on the common pitfalls that NRIs face when dealing with property partition in India, mainly focusing […]
IntroductionNon-resident Indians (NRIs) frequently invest in real estate in their home country for diverse purposes, such as future retirement, generating rental income, or capital appreciation. However, when it comes time to sell these properties, they can encounter intricate tax implications governed by Indian tax laws.Understanding the nuances of Indian tax laws on property sales is […]
Certificate attestation is a crucial process for Non-Resident Indians (NRIs), Persons of Indian Origin (PIOs), and Overseas Citizens of India (OCIs) who wish to use their educational or personal documents abroad. This article offers detailed insight into the certificate attestation procedure in India, outlining the steps involved for a smoother experience.Understanding who are NRI, OCI, […]
Introduction:Demat accounts play a crucial role in the Indian financial landscape, serving as a repository for securities in electronic format. Whether you are a resident Indian or a Non-Resident Indian (NRI), having a demat account is essential for trading and investing in the stock market. However, there are distinct differences between a regular demat account […]
Introduction:Despite moving overseas, NRIs remain connected to their roots in some form or another. For example, the NRIs often have to take care of their near and dear ones or ancestral properties in India. In another scenario, NRIs earn passive income such as rent and investments in India, and they need this money in their […]
A family property partition is a process of dividing an existing estate into separate segments to show the proportionate interests of the owners. It is a way to divide a joint property among several people so that each person can get their share of the property and become the owner. According to the common law, […]
IntroductionFor a non-resident, it is challenging to manage Indian property from any foreign country. The process of the same can be time-consuming as well as complicated. Moreover, to secure the NRIs properties located in India, it is advisable to consider a proactive approach, including seeking professional advice from lawyers based in India and the appointment […]
The real estate sector is one of the most critical and recognized sectors in the World. Most entrepreneurs are widely attracted to the real estate sector. Due to its high profit, it attracts the entire business community. In earlier days, it drew only entrepreneurs to the real estate sector. But now, the real estate sector […]
In India, laws governing tenancy tend to favour tenants and they differ from state to state. However, there are many grounds for eviction of a tenant which are common in most of the state laws.Summary Eviction is a time-taking and complicated process, and in most cases, the landlords are not aware of the rules and […]