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INHERITED PROPERTY TAX
Inherited property tax explained: Know how the US 1031 exchange works and what are the rules for co-inheritors?In simple terms, in the United States, a provision known as a 1031 exchange may offer a way for an heir to exchange qualifying investment r...
Rs 67 lakh ancestral jewellery declaration in ITR triggers income tax notice of unexplained credit: Here's why lady won at ITAT MumbaiWife filed Schedule AL in ITR for first time and got hit with unexplained credit income tax notice for ancestral family jewellery worth Rs ...
Do banks report deposits over $10,000 to the IRS? What really happens when you cross the cash reporting thresholdA cash deposit exceeding $10,000 in a single day triggers an automatic report to the federal government. Financial institutions do not make...
Buying property abroad for your NRI child? Know how much Indian parents can transfer and the tax implicationsNavigating overseas property purchases for NRI/OCI children can be complex for Indian parents, entangled in regulations like FEMA and RBI's...
Moving from UAE to India? 6-step financial homecoming guidebook to manage tax residency, bank accounts, Dubai property, and gratuityTax residency, bank accounts, Dubai property and gratuity all need sorting before and after you fly home.
Sagittarius Weekly Horoscope (September 26-October 2, 2026): The Career Spotlight Is On, But What Happens Behind the Scenes Matters TooSagittarius natives will need to enhance their focus on work responsibilities and demonstrate their expertise. It is essential to address s...
Warren Buffett on the difference between investing in real estate and the stock marketBoth purchases were small, and he says so himself. He tells the stories anyway, because between them they contain everything he knows about...
Will gives you property rights, but what next? Know these 7 steps to transfer ownership and secure possessionA Will plays a crucial role in outlining how assets will be allocated following an individual's death, which can lead to family disputes if...
Horoscope Tomorrow, September 22, 2026: These 3 Zodiac Signs May See Financial Progress, Career Recognition and Positive Relationship DevelopmentsHoroscope Tomorrow, September 21, 2026, brings a practical and organised day for all 12 zodiac signs. Aries may strengthen career authority...
BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitionsBRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more...
Returning to India from the UK? Capital gains and inheritance tax may still applyNon-resident Indians should note that leaving the UK doesn't automatically terminate tax residency. Retaining connections might keep your t...
Can an NRI be a nominee for PPF, NSC or SCSS? Here’s what happens to the money after the account holder diesNRIs can now be nominees for India's small-savings schemes like PPF and NSC, a change from 2023. While they can receive proceeds, repatriat...
Will I inherit my family’s land in India if I become an NRI?ET Wealth Reader's Query: I would like to understand what happens to my rights over inherited agricultural land in India if I acquire forei...
Coinbase's India return: How a bespoke rupee on-ramp changes the game for foreign exchangesOperating under a fresh local entity fully registered with India's Financial Intelligence Unit (FIU-IND) and compliant with local tax frame...
NRI selling inherited property in India? Agricultural land, farmhouse, and plantation property have stricter sale and repatriation rulesNon-Resident Indians (NRIs) hold the right to inherit property in India; however, selling such assets involves navigating a complex set of ...
Tax notice in a deceased person's name? Don't ignore it; here's what legal heirs should doDid someone close to you leave behind unresolved tax responsibilities? Explore how heirs can address income tax notices, file overdue retur...
Selling inherited property? Know who is liable to pay income tax on capital gains and how heirs can claim tax reliefSelling inherited property? Know who among the brothers and sisters are liable to pay capital gains tax on it and how to claim tax relief.
Missed reporting of overseas bank accounts, ESOPs, and foreign assets in Schedule FA of ITR? FAST-DS offers a chance to come cleanThere is an important caveat: the Black Money Act provides relief from Schedule FA penalty for certain foreign assets, other than immovable...
Should I make my foreign national son a co-owner of my properties for inheritance?ET Wealth Reader's Query: I’m a single parent and my only son is now a foreign national. I want to safeguard his interests and am wondering...
Succession Planning: 8 key tax considerations you should take into accountSuccession planning involves connected legal and tax events, not just death. Income earned before death must be reported by the deceased's ...