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RBI PROPERTY DOCUMENT RULES
SBI loses original papers for property loan; court orders bank to pay Rs 5,000 per day penaltyThe Bombay High Court ordered State Bank of India to pay daily compensation. This order came after the bank admitted losing original proper...- Daughter can claim late father’s share in HUF property even after widowed mother's remarriage, rules Madras HCDaughter of widow who remarried after her husband’s death can inherit father’s share in his family property under Hindu Succession Act, 195...
- Sebi eases FPI compliance rules for G-Sec betsThe Securities and Exchange Board of India has taken a significant step by relaxing compliance regulations for foreign investors. Foreign P...
- Sebi eases compliance norms for FPIs investing only in government securitiesSebi has eased compliance requirements for FPIs investing exclusively in government securities, removing the need to furnish investor group...
- 5069 sq ft advertised, 3900 sq ft delivered : Telangana RERA orders Rs 20 lakh refund for homebuyer and Rs 98 lakh penalty for builder. Know what happenedAs per the sale agreement, the villa measured 5069 square feet, but the builder delivered a 3900 square feet villa and said 30% of the area...
- 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...
- AIFs seek status quo as 'foreign control' rules go for a recastLocal alternative investment funds have warned regulators about proposed changes. These changes could significantly impact capital inflows ...
- Uttarakhand govt seals unrecognised madrasas in Dehradun, Haldwani; 20 institutions shut so farThe Uttarakhand government has sealed unrecognised madrasas in Dehradun and Haldwani as part of an ongoing crackdown on institutions operat...
- Neighbour tried to grab land using a rectification deed without owner’s consent: Here's why Supreme Court offered relief to ownerNeighbour tried to take land using rectification deed without informing owner; Supreme Court says rectification deed cannot change title of...
- Tiffany Haddish once lived in her car, survived on $500 a month; Then a stranger’s advice changed everything. She now owns 17 propertiesTiffany Haddish transformed her financial future after a stranger advised her to buy a property annually for 15 years. This strategy, born ...
- Rs 34.8 lakh difference in price and stamp duty added to husband's income for taxation despite jointly owned property - ITAT Mumbai calls it 'not justified'A husband and a wife bought a flat jointly for Rs 60 lakh, however, the stamp duty value stood at Rs 94.8 lakh, leading to a difference of ...
- Can NRIs gift money to an HUF and save tax? Check these income clubbing and tax rules before transferring fundsNRIs have the opportunity to gift money to their Hindu Undivided Family (HUF) without incurring immediate tax obligations. However, it's im...
- HDFC, Kotak CEO departures put succession planning at India’s private banks under scrutinyRecent unexpected leadership changes at top Indian private banks raise succession planning concerns. Investors question long-term business ...
- Rs 25 lakh cash deposited in bank, income tax officer sends notice for unexplained cash u/s 69; Taxpayer wins case in ITAT Bangalore, here's whyEmployee deposits Rs 25 lakh cash in bank; tax officer sends notice for unexplained cash u/s 69; Employee wins case in ITAT Bangalore; Know...
- Land grabbed by neighbour for 40 years? Karnataka HC rejects adverse possession claim, upholds owner’s titleKnow how an owner won fight for his 4-acre-11-gunta land in Karnataka HC after neighbour claimed title to this land based on 40 years of ad...
- 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...
- Wife living in London gives POA to family friend to manage his Vadodara property, friend gifts it to son and daughter-in-law; husband files case and wins in Gujarat HCMr Purshotam Ranchhodbhai Pankhania and his late wife living in London trusted their friend and gave him the POA to manage their India prop...
- Global Market: Chinese property stocks slide as new rules raise consolidation fearsChinese property stocks came under pressure after Beijing introduced new rules aimed at reducing developers’ reliance on homebuyer funds an...
- ‘Family Man’ Manoj Bajpayee buys 4.45 acres of land at this location near Pune for nearly Rs 1.4 croreFamily Man actor Manoj Bajpayee has expanded his real estate portfolio by purchasing 4.45 acres of agricultural land near Pune for Rs 1.37 ...
- 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 ...
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