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POAS
Can you sell household items worth more than Rs 2 lakh in cash? Check the tax rulesA woman successfully challenged the Income Tax Department's addition of Rs 10.80 lakh as unexplained cash. The ITAT Chennai ruled in her fa...- Lady sold apartment, took Rs 2.5 lakh cash, bought new apartment from son-in-law, paid no tax, got income tax notice; she fights back and wins case in ITAT ChennaiA Chennai woman successfully appealed a tax notice after selling her apartment for Rs 35.5 lakh, including Rs 2.5 lakh in cash, and buying ...
- New Aadhaar card rules 2026: UIDAI expands document list for enrolment; simplifies rules for children; sets Aadhaar validity period for OCI, LTV, foreignersThe Unique Identification Authority of India has updated Aadhaar enrolment and correction rules. New regulations expand accepted documents ...
- Chief Minister Lalduhoma attends Mizoram Rural Bank Branch Managers’ Conclave 2026Mizoram Rural Bank is recognized as one of India's most progressive Regional Rural Banks. The bank achieved a remarkable Credit-Deposit Rat...
- NRI but using resident savings account? Here’s what you must know about NRE, NRO, and FEMA rulesNRIs must update their Indian bank accounts to NRE or NRO status to comply with FEMA regulations. Failing to do so can result in significan...
- When disability strikes, who controls your money? Essential tools to protect your financesAs discussions around aging and financial health gain momentum in India, it's alarming how many still sidestep the importance of planning f...
- Demat POA misuse prevention: Stockbrokers implement a new authorisation method for demat debit and pledge, should you opt for it?Demat account: Zerodha, FYERS and other stock brokers have enabled DDPI mechanism for their customers. This new mechanism replaces Power of...
- What is power of attorney, who can it be issued to, can it be revoked, limitationsFind out all about the purpose, usage and flaws of this legal document before issuing it to someone.
- Sebi clarifies on guidelines pertaining to instruction slips for share pledging"In view of the representations by and consultations with broker associations and depositories, it has been decided to widen the scope of D...
- 6 reasons why you should not buy property via Power of AttorneyGoverned under the Contract Act and read with the Power of Attorney Act,1882, a PoA is a legal document through which a person nominates an...
- Sebi extends deadline to implement guidelines on instruction slips for share pledging"In view of the representation received from depositories and that the changes to the systems are still under process, it has been decided ...
- Buying NRI property through PoA? Take these precautionsMany NRIs prefer to sell their properties through a Power of Attorney (PoA) by assigning a person to do the property registration formaliti...
- Sebi issues fresh guidelines to curb misuse of clients' Power of AttorneyThe execution of the document -- Demat Debit and Pledge Instruction (DDPI) -- will also be applicable for pledging or repledging of securit...
- After NSE, BSE declares Karvy Stock Broking as defaulter, terminates membershipThe leading stock exchange said investors having any outstanding claims against the brokerage can file their claims with the exchange withi...
- How brokerages misuse clients’ power of attorneys & how can investors protect themselvesThe shock wave is not limited to such clients alone, but also to the lending community.
- Geojit says not under any Sebi probeAt present, the brokerage has more than Rs 38,000 crore worth assets under custody and management.
- How NRIs can transfer title of inherited propertyDealing in Indian real estate matters, especially if you have lived outside the country for a long time can be a nightmare.
- Power of attorney & Letter of authority: Points of distinctionNo, there's a difference between the two authorising documents. This depends on the nature of work and the manner in which it is to be exec...
- RBI seeks wealth management details post Citibank scamThe Reserve Bank of India (RBI) has asked select banks to share details of their wealth management businesses following the 400-crore fraud...
- Post Citibank fraud, will RBI tighten wealth management norms?Wealth management, often used loosely with private banking which is a similar service for lower amounts, was introduced by foreign banks.
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